R J MORGAN & SONS LIMITED
|
Registered Number
:
07574868
|
For the year ended 31 March 2021
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2021
R J MORGAN & SONS LIMITED
Contents Page
1 to 2
Statement of Financial Position
3 to 5
Notes to the Financial Statements
R J MORGAN & SONS LIMITED
Statement of Financial Position
2020
2021
Property
,
plant and equipment
|
202,300
242,950
2
202,300
242,950
Trade and other receivables
|
-
13,800
3
107,911
Cash and cash equivalents
|
147,773
161,573
107,911
Trade and other payables
:
amounts falling due within
|
one year
|
(102,312)
(168,036)
4
5,599
(6,463)
Net current liabilities
Total assets less current liabilities
|
195,837
248,549
Trade and other payables
:
amounts falling due after
|
more than one year
|
(127,954)
(73,152)
5
122,685
Net assets
120,595
100
100
122,585
120,495
122,685
120,595
Shareholders' funds
For the year ended 31 March 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as
|
at the end of each financial year and of its profit or loss for each financial year in accordance with the
|
requirements of Section
394
and
395
and which otherwise comply with the requirements of the
|
Companies Act
2006
relating to financial statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
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For the year ended 31 March 2021
R J MORGAN & SONS LIMITED
Statement of Financial Position Continued
ROGER JAMES MORGAN Director
|
These financial statements were approved and authorised for issue by the Board on 15 December 2021 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2021
R J MORGAN & SONS LIMITED
Notes to the Financial Statements
Statutory Information
R J MORGAN
&
SONS LIMITED is a private limited company
,
limited by shares
,
domiciled in England
|
and Wales
,
registration number
07574868
.
|
52 CLARE STREET
BRIDGWATER
SOMERSET
TA6 3EN
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of
|
Financial Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic
|
of Ireland
'
and the Companies Act
2006
.
The financial statements have been prepared under the
|
historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Motor vehicles
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
|
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For the year ended 31 March 2021
R J MORGAN & SONS LIMITED
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
682,053
679,130
2,923
27,000
27,000
-
2,923
706,130
709,053
Provision for depreciation and impairment
|
439,103
436,630
2,473
Charge for year
67,650
67,500
150
506,753
504,130
2,623
300
202,000
202,300
450
242,500
242,950
3
.
Trade and other receivables
|
2020
2021
13,800
-
4
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
15,357
25,448
Taxation and social security
|
49,717
32,898
102,962
43,966
168,036
102,312
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For the year ended 31 March 2021
R J MORGAN & SONS LIMITED
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
50,000
-
23,152
127,954
73,152
127,954
6
.
Average number of persons employed
|
During the year the average number of employees was 16 (2020 : 15)
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