Company Registration No. 09367534 (England and Wales)
MORGAN FILTRATION LIMITED
Unaudited accounts
for the year ended 31 December 2023
MORGAN FILTRATION LIMITED
Unaudited accounts
Contents
MORGAN FILTRATION LIMITED
Company Information
for the year ended 31 December 2023
Directors
Mr Jonathan Morgan
Mrs Hilary Morgan
Phoebe Morgan
Company Number
09367534 (England and Wales)
Registered Office
117 BRABAZON ROAD
OADBY
LEICESTER
LE2 5HH
Accountants
Linda Kimberley-Brooks
73 Leicester Road
Thurcaston
Leicester
LE7 7JH
MORGAN FILTRATION LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
126,136
76,244
Cash at bank and in hand
600,189
821,282
Creditors: amounts falling due within one year
(700,777)
(115,851)
Net current assets
815,634
874,420
Net assets
941,770
950,664
Called up share capital
100
100
Profit and loss account
941,670
950,564
Shareholders' funds
941,770
950,664
For the year ending 31 December 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by
Mrs Hilary Morgan
Director
Company Registration No. 09367534
MORGAN FILTRATION LIMITED
Notes to the Accounts
for the year ended 31 December 2023
MORGAN FILTRATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09367534. The registered office is 117 BRABAZON ROAD, OADBY, LEICESTER, LE2 5HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: 25% on straight line basis.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
19,477
187,068
10,080
216,625
Additions
1,879
108,500
1,099
111,478
At 31 December 2023
21,356
295,568
11,179
328,103
At 1 January 2023
13,167
117,571
9,643
140,381
Charge for the year
5,410
55,463
713
61,586
At 31 December 2023
18,577
173,034
10,356
201,967
At 31 December 2023
2,779
122,534
823
126,136
At 31 December 2022
6,310
69,497
437
76,244
MORGAN FILTRATION LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
909,870
165,273
Accrued income and prepayments
6,352
3,716
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
541,380
3,054
Taxes and social security
58,444
39,242
Loans from directors
2,982
2,886
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Pension contributions of £143,500 were made during this financial period. There are no commitments to make future contributions. Pension contributions will be reviewed on a yearly basis.
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).