Registration number:
for the Year Ended
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Hudson LM Limited
Lower Berghill Farm
Whittington
Oswestry
Shropshire
SY11 4PD
www.hudsonlm.co.uk
01691662282
Dan Morris Limited
Contents
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5 ) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Dan Morris Limited
for the Year Ended 30 September 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Dan Morris Limited for the year ended 30 September 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/ .
This report is made solely to the Board of Directors of Dan Morris Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Dan Morris Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dan Morris Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Dan Morris Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Dan Morris Limited. You consider that Dan Morris Limited 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 accounts of Dan Morris Limited. 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 accounts.
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Hudson LM Limited
Lower Berghill Farm
Whittington
Oswestry
Shropshire
SY11 4PD
2 June 2017
Dan Morris Limited
(Registration number: 07363760)
Abbreviated Balance Sheet at 30 September 2016
Note |
2016
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2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
.........................................
Mr D Morris
Director
2
Dan Morris Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Goodwill relates to the acquisition of a business and it's contact database in 2012 following incorporation of the business.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
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Hire purchase and leasing
Financial instruments
Pensions
Dan Morris Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 October 2015 |
40,000 |
2,691 |
42,691 |
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Additions |
- |
1,277 |
1,277 |
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At 30 September 2016 |
40,000 |
3,968 |
43,968 |
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Depreciation |
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At 1 October 2015 |
29,333 |
1,452 |
30,785 |
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Charge for the year |
8,000 |
503 |
8,503 |
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At 30 September 2016 |
37,333 |
1,955 |
39,288 |
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Net book value |
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At 30 September 2016 |
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At 30 September 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Directors' advances and credits |
2016 |
2016 |
2015 |
2015 |
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Mr D Morris |
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- |
125,801 |
- |
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( |
- |
(63,647) |
- |
144,151 |
- |
62,154 |
- |
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Mrs J A Morris |
Dan Morris Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
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- |
125,299 |
- |
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( |
- |
(63,647) |
- |
143,207 |
- |
61,652 |
- |
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