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Company Registration No. 10613479 (England and Wales)
Mono Mono Ltd Unaudited accounts for the year ended 28 February 2023
Mono Mono Ltd Unaudited accounts Contents
Page
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Mono Mono Ltd Company Information for the year ended 28 February 2023
Director
Mr J Kerry
Company Number
10613479 (England and Wales)
Registered Office
School Master's House 39 College Street Petersfield Hampshire GU31 4AG
Accountants
Newnham & Son Ltd School Master's House 39 College Street Petersfield Hampshire GU31 4AG
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Mono Mono Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,741 
34,176 
Current assets
Debtors
115,941 
62,953 
Cash at bank and in hand
148,378 
140,987 
264,319 
203,940 
Creditors: amounts falling due within one year
(103,759)
(92,835)
Net current assets
160,560 
111,105 
Net assets
202,301 
145,281 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
202,297 
145,277 
Shareholders' funds
202,301 
145,281 
For the year ending 28 February 2023 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 17 October 2023 and were signed on its behalf by
Mr J Kerry Director Company Registration No. 10613479
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Mono Mono Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Mono Mono Ltd is a private company, limited by shares, registered in England and Wales, registration number 10613479. The registered office is School Master's House, 39 College Street, Petersfield, Hampshire, GU31 4AG.
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 year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
Reducing balance 25%
Motor vehicles
Reducing balance 25%
Computer equipment
Reducing balance 25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
42,154 
At 28 February 2023
42,154 
Amortisation
At 1 March 2022
42,154 
At 28 February 2023
42,154 
Net book value
At 28 February 2023
- 
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Mono Mono Ltd Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
24,897 
39,000 
10,432 
74,329 
Additions
21,246 
- 
- 
21,246 
At 28 February 2023
46,143 
39,000 
10,432 
95,575 
Depreciation
At 1 March 2022
10,382 
21,495 
8,276 
40,153 
Charge for the year
8,766 
4,376 
539 
13,681 
At 28 February 2023
19,148 
25,871 
8,815 
53,834 
Net book value
At 28 February 2023
26,995 
13,129 
1,617 
41,741 
At 28 February 2022
14,515 
17,505 
2,156 
34,176 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
108,604 
58,303 
Other debtors
- 
4,650 
108,604 
62,953 
Amounts falling due after more than one year
Other debtors
7,337 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
36,891 
19,925 
Obligations under finance leases and hire purchase contracts
15,238 
20,488 
Trade creditors
1,396 
3,310 
Taxes and social security
49,793 
47,595 
Other creditors
441 
1,517 
103,759 
92,835 
8
Transactions with related parties
Dividends totalling £157,091 (2022 - £162,129) were paid during the year to the directors.
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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