Company Registration No. 8129410 (England and Wales)
Chris Morrison Limited
Unaudited accounts
for the year ended 31 July 2017
Chris Morrison Limited
Unaudited accounts
Contents
Chris Morrison Limited
Company Information
for the year ended 31 July 2017
Director
Christopher Morrison
Company Number
8129410 (England and Wales)
Registered Office
Suite 2, Lower Ground Floor
One George Yard
London
EC3V 9DF
England
Accountants
Fifth Element Accountants Brighton Limited
3rd Floor, Queensbury House
106 Queens Road
Brighton
East Sussex
BN1 3XF
Chris Morrison Limited
Statement of financial position
as at
31 July 2017
Tangible assets
6,735
9,194
Cash at bank and in hand
16,252
47,024
Creditors: amounts falling due within one year
(22,981)
(59,813)
Net current liabilities
(782)
(7,719)
Called up share capital
1
1
Profit and loss account
5,952
1,474
Shareholders' funds
5,953
1,475
For the year ending 31 July 2017 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 director acknowledges his 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.
Approved by the Board on 19 March 2018.
Christopher Morrison
Director
Company Registration No. 8129410
Chris Morrison Limited
Notes to the Accounts
for the year ended 31 July 2017
Chris Morrison Limited is a private company, limited by shares, registered in England and Wales, registration number 8129410. The registered office is Suite 2, Lower Ground Floor, One George Yard, London, EC3V 9DF, England.
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.
These financial statements for the year ended 31 July 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight line
Chris Morrison Limited
Notes to the Accounts
for the year ended 31 July 2017
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Charge for the year
3,483
Trade debtors
2,527
1,870
Accrued income and prepayments
3,200
3,200
6
Investments held as current assets
2017
2016
Unlisted investments
220
-
7
Creditors: amounts falling due within one year
2017
2016
Amounts owed to group undertakings and other participating interests
-
17,500
Taxes and social security
3,569
7,355
Loans from directors
18,344
33,890
8
Share capital
2017
2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2016: 1).