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
Mono Mono Ltd
Company Information
for the year ended 28 February 2023
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
Mono Mono Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
41,741
34,176
Cash at bank and in hand
148,378
140,987
Creditors: amounts falling due within one year
(103,759)
(92,835)
Net current assets
160,560
111,105
Net assets
202,301
145,281
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
Mono Mono Ltd
Notes to the Accounts
for the year ended 28 February 2023
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.
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.
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. 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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 28 February 2023
42,154
At 28 February 2023
42,154
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
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
At 28 February 2023
26,995
13,129
1,617
41,741
At 28 February 2022
14,515
17,505
2,156
34,176
Amounts falling due within one year
Trade debtors
108,604
58,303
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
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
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).