Company Registration Number 07605020 (England and Wales)
ANDREW MORRIS ESTATE AGENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2020
PAGES FOR FILING WITH REGISTRAR
ANDREW MORRIS ESTATE AGENTS LTD
COMPANY INFORMATION
Director
A J Morris Esq
Company number
07605020
Registered office
1 Bridge Street
Hereford
Herefordshire
HR4 9DF
Accountants
Hawkins Priday Ltd
5 Bridge Street
Hereford
HR4 9DF
ANDREW MORRIS ESTATE AGENTS LTD
CONTENTS
Page
Accountants' report
1
Statement of financial position and notes to the financial statements
2 - 3
ANDREW MORRIS ESTATE AGENTS LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF ANDREW MORRIS ESTATE AGENTS LTD
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Andrew Morris Estate Agents Ltd for the year ended 31 July 2020, which comprise the statement of financial position, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html
.
This report is made solely to the
d
irector
of Andrew Morris Estate Agents Ltd in accordance with the terms of our engagement letter dated 13 May 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Andrew Morris Estate Agents Ltd and state those matters that we have agreed to state to the
d
irector of Andrew Morris Estate Agents Ltd
in this report in accordance with
the requirements of the Association of Chartered Certified Accountants
as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Andrew Morris Estate Agents Ltd and its
d
irector
for our work or for this report.
It is your duty to ensure that Andrew Morris Estate Agents Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit
of Andrew Morris Estate Agents Ltd. You consider that Andrew Morris Estate Agents Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Andrew Morris Estate Agents Ltd. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Hawkins Priday Ltd
8 June 2021
Chartered Certified Accountants
5 Bridge Street
Hereford
HR4 9DF
ANDREW MORRIS ESTATE AGENTS LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 JULY 2020
31 July 2020
- 2 -
2020
2019
£
£
£
£
Fixed assets
123,663
132,370
Current assets
558,267
575,810
Prepayments and accrued income
3,579
4,116
Creditors: amounts falling due within one year
(21,670)
(53,681)
Net current assets
540,176
526,245
Total assets less current liabilities
663,839
658,615
Accruals and deferred income
(3,192)
(2,963)
Net assets
660,647
655,652
Equity
660,647
655,652
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
Throughout the year advances were provided to Mr A Morris totalling £287,065.
Repayments totalling £18,193 have been made by Mr A Morris.
The maximum balance outstanding from Mr A Morris during the year was £277,065 and the balance outstanding to the Company as at the year end date was £268,872.
The loan is repayable to the Company on demand. No interest has been charged or is payable to the Company.
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
9
9
ANDREW MORRIS ESTATE AGENTS LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 JULY 2020
31 July 2020
- 3 -
Andrew Morris Estate Agents Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Bridge Street, Hereford, Herefordshire, HR4 9DF.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
For the year ended 31 July 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 8 June 2021
A J Morris Esq
Director
Company Registration Number 07605020