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REGISTERED NUMBER: 07917274 (England and Wales)











ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

MORSE LAW LIMITED

MORSE LAW LIMITED (REGISTERED NUMBER: 07917274)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

MORSE LAW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTORS: J F Morse
A P Sivertsen
Miss L S J Johnson
Miss K S McGarrigle (Jones)
Mrs M K Valerio





REGISTERED OFFICE: St. Helen's House
156 St. Helen's Road
Swansea
West Glamorgan
SA1 4DG





REGISTERED NUMBER: 07917274 (England and Wales)





ACCOUNTANTS: WBV Limited
The Third Floor,
Langdon House, Langdon Road
SA1 Swansea Waterfront
Swansea
West Glamorgan
SA1 8QY

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MORSE LAW LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages
three to seven) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Morse Law Limited for the year ended 31 March 2015 which comprise
the Profit and Loss Account, the Balance Sheet and the related notes 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 icaew.com/membershandbook.

This report is made solely to the Board of Directors of Morse Law Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Morse Law Limited and state those matters that we have agreed to state to the Board of Directors of Morse Law Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Morse Law Limited 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 Morse Law Limited. You consider that Morse Law 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 financial statements of Morse Law
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 financial statements.






WBV Limited
The Third Floor,
Langdon House, Langdon Road
SA1 Swansea Waterfront
Swansea
West Glamorgan
SA1 8QY


17 December 2015

MORSE LAW LIMITED (REGISTERED NUMBER: 07917274)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 83,715 88,409
Tangible assets 3 5,875 10,098
89,590 98,507

CURRENT ASSETS
Debtors 155,070 133,896
Cash at bank and in hand 17,609 25,816
172,679 159,712
CREDITORS
Amounts falling due within one year 4 257,429 256,888
NET CURRENT LIABILITIES (84,750 ) (97,176 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,840

1,331

PROVISIONS FOR LIABILITIES 1,175 1,803
NET ASSETS/(LIABILITIES) 3,665 (472 )

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 3,565 (572 )
SHAREHOLDERS' FUNDS 3,665 (472 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

MORSE LAW LIMITED (REGISTERED NUMBER: 07917274)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 17 December 2015 and were signed
on its behalf by:




J F Morse - Director



A P Sivertsen - Director


MORSE LAW LIMITED (REGISTERED NUMBER: 07917274)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
The practice has adopted Urgent Issues Task Force Abstract 40, Revenue Recognition and Service
Contracts.

Turnover represents revenue due from the normal activities of the practice to the extent that the
seller obtains a right to consideration in exchange for its performance of those activities, exclusive of
Value Added Tax.

The revenue recognised is measured by reference to the amounts likely to be chargeable to clients,
less a suitable allowance to recognise the uncertainties remaining in the completion of the
obligations. Contingent income is recognised only when once the contingent element is assured.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Amounts recoverable on contracts
Amounts recoverable on contracts are valued in line with UITF 40, to include both cost and the
appropriate profit element.

MORSE LAW LIMITED (REGISTERED NUMBER: 07917274)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 93,885
AMORTISATION
At 1 April 2014 5,476
Amortisation for year 4,694
At 31 March 2015 10,170
NET BOOK VALUE

At 31 March 2015 83,715
At 31 March 2014 88,409

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 12,062
DEPRECIATION
At 1 April 2014 1,964
Charge for year 4,223
At 31 March 2015 6,187
NET BOOK VALUE
At 31 March 2015 5,875
At 31 March 2014 10,098

4. CREDITORS

Creditors include an amount of £ 44,268 (2014 - £ 14,210 ) for which security has been given.

MORSE LAW LIMITED (REGISTERED NUMBER: 07917274)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
79 Ordinary A £1 79 79
10 Ordinary B £1 10 10
11 Ordinary C £1 11 11
100 100