06126639falsethat of the provision of solicitors support services2017-03-012018-02-28http://www.companieshouse.gov.uk/2017-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2017-02-28http://www.companieshouse.gov.uk/cd:Director12017-03-012018-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2018-02-28http://www.companieshouse.gov.uk/cd:Director22017-03-012018-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12017-03-012018-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2017-03-012018-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2017-03-012018-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2018-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2017-02-28http://www.companieshouse.gov.uk/2017-03-012018-02-28http://www.companieshouse.gov.uk/2017-02-28http://www.companieshouse.gov.uk/cd:FRS1022017-03-012018-02-28http://www.companieshouse.gov.uk/2018-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2017-03-012018-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2017-03-012018-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06126639

Monolave Limited

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2018

Prepared By:
Munro's
Chartered Accountants
1341 High Road
Whetstone
London
N20 9HR

Monolave Limited

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2018
DIRECTORS
B A Jacob
E E Jacob
SECRETARY
B A Jacob
REGISTERED OFFICE
1341 High Road
Whetstone
London
N20 9HR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06126639
ACCOUNTANTS
Munro's
Chartered Accountants
1341 High Road
Whetstone
London
N20 9HR

Monolave Limited

ACCOUNTS
FOR THEYEARENDED28 FEBRUARY 2018
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Monolave Limited

BALANCE SHEET AT 28 February 2018
20182017
Notes££
CURRENT ASSETS
Stock84,72558,686
Debtors3174,149224,089
Cash at bank and in hand14,4413,912
273,315286,687
CREDITORS: Amounts falling due within one year411,05534,054
NET CURRENT ASSETS262,260252,633
TOTAL ASSETS LESS CURRENT LIABILITIES262,260252,633
CAPITAL AND RESERVES
Called up share capital6125125
Profit and loss account262,135252,508
SHAREHOLDERS' FUNDS262,260252,633
For the year ending 28 February 2018 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 8 November 2018 and signed on their behalf by
.............................
E E Jacob
Director

Monolave Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2018
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. STOCK 20182017
££
Stock comprises:
Work in progress84,72558,686
84,72558,686
3. DEBTORS 20182017
££
Amounts falling due within one year
Trade debtors174,149224,089
174,149224,089

Monolave Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20182017
££
UK corporation tax2,27111,994
VAT7,03517,288
PAYE control724978
Accruals1,0253,794
11,05534,054
5. EMPLOYEES
20182017
No.No.
Average number of employees11
6. SHARE CAPITAL 20182017
££
Allotted, issued and fully paid:
125 Ordinary shares of £1 each125125
125125