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Company Registration No. 12996317 (England and Wales)
Monet Money (UK) Limited Unaudited accounts for the period from 1 November 2021 to 30 September 2022
Monet Money (UK) Limited Unaudited accounts Contents
Page
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Monet Money (UK) Limited Company Information for the period from 1 November 2021 to 30 September 2022
Director
Mr Jacob Mark Casson
Company Number
12996317 (England and Wales)
Registered Office
6 Westbourne Park Villas London W2 5EA England
Accountants
OnTheGo Accountants 330 Holborn Gate High Holborn London WC1V 7QH
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Monet Money (UK) Limited Statement of financial position as at 30 September 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,806 
1,622 
Current assets
Debtors
34,621 
22,938 
Cash at bank and in hand
105 
188 
34,726 
23,126 
Creditors: amounts falling due within one year
(140,269)
(67,004)
Net current liabilities
(105,543)
(43,878)
Total assets less current liabilities
(101,737)
(42,256)
Creditors: amounts falling due after more than one year
(300)
- 
Provisions for liabilities
Deferred tax
(723)
- 
Net liabilities
(102,760)
(42,256)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(102,761)
(42,257)
Shareholders' funds
(102,760)
(42,256)
For the period ending 30 September 2022 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.
The financial statements were approved by the Board and authorised for issue on 16 October 2023 and were signed on its behalf by
Mr Jacob Mark Casson Director Company Registration No. 12996317
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Monet Money (UK) Limited Notes to the Accounts for the period from 1 November 2021 to 30 September 2022
1
Statutory information
Monet Money (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 12996317. The registered office is 6 Westbourne Park Villas, London, W2 5EA, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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
3 Years Straight Line
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2021
1,746 
Additions
3,670 
At 30 September 2022
5,416 
Depreciation
At 1 November 2021
124 
Charge for the period
1,486 
At 30 September 2022
1,610 
Net book value
At 30 September 2022
3,806 
At 31 October 2021
1,622 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
5,244 
3,947 
Other debtors
29,377 
18,991 
34,621 
22,938 
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Monet Money (UK) Limited Notes to the Accounts for the period from 1 November 2021 to 30 September 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
3,000 
- 
Trade creditors
2,897 
2,857 
Taxes and social security
7,413 
- 
Other creditors
126,959 
64,147 
140,269 
67,004 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
300 
- 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Transactions with related parties
Within the accounting period there were transactions for receipt of services totalling £0 (2021 - £22,064) from the parent company Money Money Limited. Within the accounting period there were transactions for provision of services totalling £4,270 (2021 - £23,729) to the parent company Monet Money Limited. At the end of accounting period there was an amount owed to the parent company Monet Money Limited of £126,959 (2021 - £41,789).
10
Controlling party
The company's immediate parent is Monet Money Limited, incorporated in Isle of Man. These financial statements are available upon request from The Paddock, Ballamenagh Road, Isle Of Man, Isle Of Man, United Kingdom, IM4 6AL.
11
Average number of employees
During the period the average number of employees was 1 (2021: 1).
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