1 September 2022 false No description of principal activity Taxfiler 2023.10 4043613business:PrivateLimitedCompanyLtd2022-09-012023-08-31 40436132022-08-31 40436132022-09-012023-08-31 4043613business:AuditExemptWithAccountantsReport2022-09-012023-08-31 4043613business:FilletedAccounts2022-09-012023-08-31 40436132023-08-31 4043613business:Director12022-09-012023-08-31 4043613business:Director22022-09-012023-08-31 4043613business:CompanySecretary12022-09-012023-08-31 4043613business:RegisteredOffice2022-09-012023-08-31 40436132022-08-31 4043613core:WithinOneYear2023-08-31 4043613core:WithinOneYear2022-08-31 4043613core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 4043613core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 4043613core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 4043613core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 4043613core:PreviouslyStatedAmount2023-08-31 4043613core:PreviouslyStatedAmount2022-08-31 4043613business:SmallEntities2022-09-012023-08-31 4043613countries:EnglandWales2022-09-012023-08-31 4043613core:PlantMachinery2022-09-012023-08-31 4043613core:MotorVehicles2022-09-012023-08-31 4043613core:PlantMachinery2022-08-31 4043613core:MotorVehicles2022-08-31 4043613core:PlantMachinery2023-08-31 4043613core:MotorVehicles2023-08-31 40436132021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 4043613 (England and Wales)
MONKFOS FEED SYSTEMS LIMITED Unaudited accounts for the year ended 31 August 2023
MONKFOS FEED SYSTEMS LIMITED Unaudited accounts Contents
Page
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MONKFOS FEED SYSTEMS LIMITED Company Information for the year ended 31 August 2023
Directors
Mr F G Monkman Ms D Moss
Secretary
Ms D Moss
Company Number
4043613 (England and Wales)
Registered Office
BREW FIELD MAIN ROAD, BURTON PIDSEA HULL NORTH HUMBERSIDE HU12 9AX
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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MONKFOS FEED SYSTEMS LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,953 
2,575 
Current assets
Inventories
23,585 
18,971 
Debtors
12,282 
25,922 
Cash at bank and in hand
188,928 
196,635 
224,795 
241,528 
Creditors: amounts falling due within one year
(74,406)
(92,207)
Net current assets
150,389 
149,321 
Total assets less current liabilities
152,342 
151,896 
Provisions for liabilities
Deferred tax
(371)
(489)
Net assets
151,971 
151,407 
Capital and reserves
Called up share capital
150 
150 
Profit and loss account
151,821 
151,257 
Shareholders' funds
151,971 
151,407 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by
Mr F G Monkman Director Company Registration No. 4043613
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MONKFOS FEED SYSTEMS LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
MONKFOS FEED SYSTEMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4043613. The registered office is BREW FIELD, MAIN ROAD, BURTON PIDSEA, HULL, NORTH HUMBERSIDE, HU12 9AX.
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.
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
20% on a reducing balance
Motor vehicles
25% on a reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
23,764 
11,000 
34,764 
At 31 August 2023
23,764 
11,000 
34,764 
Depreciation
At 1 September 2022
23,315 
8,874 
32,189 
Charge for the year
90 
532 
622 
At 31 August 2023
23,405 
9,406 
32,811 
Net book value
At 31 August 2023
359 
1,594 
1,953 
At 31 August 2022
449 
2,126 
2,575 
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MONKFOS FEED SYSTEMS LIMITED Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,087 
23,872 
Accrued income and prepayments
2,195 
2,050 
12,282 
25,922 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
792 
4,958 
Trade creditors
2,006 
6,675 
Taxes and social security
5,079 
6,318 
Other creditors
16,255 
24,978 
Loans from directors
49,279 
48,388 
Accruals
995 
890 
74,406 
92,207 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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