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REGISTERED NUMBER: 11723863 (England and Wales)















Financial Statements for the Year Ended 31 December 2022

for

Monarch Concept 1 Ltd

Monarch Concept 1 Ltd (Registered number: 11723863)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Monarch Concept 1 Ltd

Company Information
for the Year Ended 31 December 2022







DIRECTOR: M S Amin





SECRETARY: M S Amin





REGISTERED OFFICE: 11a Empire Parade
Empire Way
Wembley
HA9 0RQ





REGISTERED NUMBER: 11723863 (England and Wales)





ACCOUNTANTS: AS Associates
Chartered Certified Accountants
11A Empire Parade
Empire Way
Wembley
Middlesex
HA9 0RQ

Monarch Concept 1 Ltd (Registered number: 11723863)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 945,750 945,750

CURRENT ASSETS
Debtors 5 61,553 42,288
Cash at bank and in hand 783 20,073
62,336 62,361
CREDITORS
Amounts falling due within one year 6 14,944 13,200
NET CURRENT ASSETS 47,392 49,161
TOTAL ASSETS LESS CURRENT
LIABILITIES

993,142

994,911

CREDITORS
Amounts falling due after more than one
year

7

991,255

995,759
NET ASSETS/(LIABILITIES) 1,887 (848 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,787 (948 )
SHAREHOLDERS' FUNDS 1,887 (848 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

Monarch Concept 1 Ltd (Registered number: 11723863)

Balance Sheet - continued
31 December 2022


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 29 November 2023 and were signed by:





M S Amin - Director


Monarch Concept 1 Ltd (Registered number: 11723863)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Monarch Concept 1 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 January 2022
and 31 December 2022 945,750
NET BOOK VALUE
At 31 December 2022 945,750
At 31 December 2021 945,750

Monarch Concept 1 Ltd (Registered number: 11723863)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Amounts owed by associates 61,553 42,288

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Taxation and social security 419 -
Other creditors 14,525 13,200
14,944 13,200

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Bank loans 991,255 995,759

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 945,750 945,750

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 January 2022 (948 )
Profit for the year 2,735
At 31 December 2022 1,787