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Company Registration No. 11230773 (England and Wales)
Monmouth Fabrics and Soft Furnishings Ltd Unaudited accounts for the year ended 28 February 2023
Monmouth Fabrics and Soft Furnishings Ltd Unaudited accounts Contents
Page
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Monmouth Fabrics and Soft Furnishings Ltd Company Information for the year ended 28 February 2023
Director
Beverley Cordy
Company Number
11230773 (England and Wales)
Registered Office
120 - 122 MONNOW STREET MONMOUTH NP25 3EQ UNITED KINGDOM
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Monmouth Fabrics and Soft Furnishings Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,069 
4,962 
Current assets
Inventories
300 
300 
Debtors
19,802 
17,342 
Cash at bank and in hand
20,074 
19,897 
40,176 
37,539 
Creditors: amounts falling due within one year
(17,180)
(27,596)
Net current assets
22,996 
9,943 
Net assets
27,065 
14,905 
Capital and reserves
Profit and loss account
27,065 
14,905 
Shareholders' funds
27,065 
14,905 
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 her 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 15 November 2023 and were signed on its behalf by
Beverley Cordy Director Company Registration No. 11230773
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Monmouth Fabrics and Soft Furnishings Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Monmouth Fabrics and Soft Furnishings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11230773. The registered office is 120 - 122 MONNOW STREET, MONMOUTH, NP25 3EQ, UNITED KINGDOM.
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:
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
4,500 
500 
516 
5,516 
At 28 February 2023
4,500 
500 
516 
5,516 
Depreciation
At 1 March 2022
- 
274 
280 
554 
Charge for the year
810 
41 
42 
893 
At 28 February 2023
810 
315 
322 
1,447 
Net book value
At 28 February 2023
3,690 
185 
194 
4,069 
At 28 February 2022
4,500 
226 
236 
4,962 
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Monmouth Fabrics and Soft Furnishings Ltd Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,802 
16,449 
Other debtors
- 
893 
19,802 
17,342 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
9,871 
10,357 
Trade creditors
4,261 
12,586 
Taxes and social security
(2,216)
- 
Other creditors
764 
153 
Loans from directors
4,500 
4,500 
17,180 
27,596 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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