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REGISTERED NUMBER: 13176549 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Monarch Air Conditioning Ltd

Monarch Air Conditioning Ltd (Registered number: 13176549)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Monarch Air Conditioning Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: S K Watt





SECRETARY:





REGISTERED OFFICE: Regal House
Upham Street
Upham
Hampshire
SO32 1JA





REGISTERED NUMBER: 13176549 (England and Wales)





ACCOUNTANTS: Trend Accountants Ltd
4 Edison Village
Highfield Science Park
Nottingham
NG72RF

Monarch Air Conditioning Ltd (Registered number: 13176549)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,425,509 1,425,509

CURRENT ASSETS
Debtors 5 143 1,170
Cash at bank and in hand 1,167 729
1,310 1,899
CREDITORS
Amounts falling due within one
year

6

400

15,400
NET CURRENT ASSETS/(LIABILITIES) 910 (13,501 )
TOTAL ASSETS LESS
CURRENT LIABILITIES

1,426,419

1,412,008

CREDITORS
Amounts falling due after more
than one year

7

-

733,165
NET ASSETS 1,426,419 678,843

Monarch Air Conditioning Ltd (Registered number: 13176549)

Balance Sheet - continued
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,426,418 678,842
1,426,419 678,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 November 2023 and were signed by:





S K Watt - Director


Monarch Air Conditioning Ltd (Registered number: 13176549)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Monarch Air Conditioning Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Monarch Air Conditioning Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2022
and 28 February 2023 1,425,509
NET BOOK VALUE
At 28 February 2023 1,425,509
At 28 February 2022 1,425,509

Monarch Air Conditioning Ltd (Registered number: 13176549)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
28.2.23 28.2.22
£    £   
Other debtors 143 1,170

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
28.2.23 28.2.22
£    £   
Other creditors 400 15,400

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
28.2.23 28.2.22
£    £   
Other creditors - 733,165