Registered number
04554475
Monument Fire Detection Systems Limited
Report and Accounts
31 March 2023
Monument Fire Detection Systems Limited
Company Information
Director
Mr J Eccles
Mrs D Eccles
Secretary
Mrs D Eccles
Accountants
Accountancy Admin Ltd
Seren Y Mor
Stad Gwastadgoed Isaf
Llwyngwril
Gwynedd
LL37 2|LA
Registered office
28 Chivington Close
Solihull
West Midlands
B90 4YS
Registered number
04554475
Monument Fire Detection Systems Limited
Registered number: 04554475
Director's Report
The director presents his report and accounts for the year ended 31 March 2023.
Principal activities
The company's principal activity during the year continued to be the supply and installation of fire detection systems.
Directors
The following persons served as directors during the year:
Mr J Eccles
Mrs D Eccles
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 6 November 2023 and signed by its order.
Mrs D Eccles
Secretary
Monument Fire Detection Systems Limited
Accountants' Report
Accountants' report to the director of
Monument Fire Detection Systems Limited
You consider that the company is exempt from an audit for the year ended 31 March 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Accountancy Admin Ltd
Accountants
Seren Y Mor
Stad Gwastadgoed Isaf
Llwyngwril
Gwynedd
LL37 2|LA
6 November 2023
Monument Fire Detection Systems Limited
Registered number: 04554475
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £ £ £
Fixed assets
Tangible assets 3 16,267 18,739
Current assets
Debtors 4 69,204 62,171
Cash at bank and in hand 139,624 134,155
208,828 196,326
Creditors: amounts falling due within one year 5 (92,104) (81,186)
Net current assets 116,724 115,140
Total assets less current liabilities 132,991 133,879
Creditors: amounts falling due after more than one year 6 (17,850) (17,807)
Net assets 115,141 116,072
Capital and reserves
Called up share capital 10 10
Profit and loss account 115,131 116,062
Shareholder's funds 115,141 116,072
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Eccles
Director
Approved by the board on 6 November 2023
Monument Fire Detection Systems Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 6 6
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2022 43,933 35,232 79,165
Additions 2,952 - 2,952
At 31 March 2023 46,885 35,232 82,117
Depreciation
At 1 April 2022 38,140 22,286 60,426
Charge for the year 2,187 3,237 5,424
At 31 March 2023 40,327 25,523 65,850
Net book value
At 31 March 2023 6,558 9,709 16,267
At 31 March 2022 5,793 12,946 18,739
4 Debtors 2023 2022
£ £
Trade debtors 69,204 61,254
Other debtors - 917
69,204 62,171
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts (unsecured) - 6,600
Trade creditors 27,374 19,078
Deferred Income - 3,163
Directors Loan 15,698 15,853
Corporation tax 14,263 8,304
Other taxes and social security costs 31,769 24,390
Other creditors 3,000 3,798
92,104 81,186
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans (Unsecured) 17,850 17,807
7 Controlling party
The company is ultimately controlled by James and Donna Eccles, who are the Directors and Shareholders of the company.
8 Other information
Monument Fire Detection Systems Limited is a private company limited by shares and incorporated in England. Its registered office is:
28 Chivington Close
Solihull
West Midlands
B90 4YS
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