Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-30true2holding company2022-10-01false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true 07859640 2022-10-01 2023-09-30 07859640 2021-10-01 2022-09-30 07859640 2023-09-30 07859640 2022-09-30 07859640 c:Director1 2022-10-01 2023-09-30 07859640 d:CurrentFinancialInstruments 2023-09-30 07859640 d:CurrentFinancialInstruments 2022-09-30 07859640 d:Non-currentFinancialInstruments 2023-09-30 07859640 d:Non-currentFinancialInstruments 2022-09-30 07859640 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 07859640 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 07859640 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 07859640 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 07859640 d:ShareCapital 2023-09-30 07859640 d:ShareCapital 2022-09-30 07859640 d:RetainedEarningsAccumulatedLosses 2023-09-30 07859640 d:RetainedEarningsAccumulatedLosses 2022-09-30 07859640 c:OrdinaryShareClass2 2022-10-01 2023-09-30 07859640 c:OrdinaryShareClass2 2023-09-30 07859640 c:OrdinaryShareClass2 2022-09-30 07859640 c:FRS102 2022-10-01 2023-09-30 07859640 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 07859640 c:FullAccounts 2022-10-01 2023-09-30 07859640 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 07859640 6 2022-10-01 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 07859640









MONARCH (CAMBRIDGE) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
MONARCH (CAMBRIDGE) LIMITED
REGISTERED NUMBER: 07859640

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

FIXED ASSETS
  

Investments
 4 
883,351
883,351

  
883,351
883,351

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
-
24,596

Cash at bank and in hand
  
3,679
4,382

  
3,679
28,978

Creditors: amounts falling due within one year
 6 
(254,239)
(40,000)

NET CURRENT LIABILITIES
  
 
 
(250,560)
 
 
(11,022)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
632,791
872,329

Creditors: amounts falling due after more than one year
 7 
(117,093)
(335,370)

  

NET ASSETS
  
515,698
536,959


CAPITAL AND RESERVES
  

Called up share capital 
 8 
1,644
1,644

Profit and loss account
  
514,054
535,315

  
515,698
536,959


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
 
Page 1

 
MONARCH (CAMBRIDGE) LIMITED
REGISTERED NUMBER: 07859640
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023


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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 





G Godfrey
Director

Date: 17 April 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
MONARCH (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


GENERAL INFORMATION

Monarch (Cambridge) Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Crofton Engineering Building, Cambridge Road, Linton, Cambridge, CB21 4NN.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

DIVIDENDS

Equity dividends are recognised when they become legally payable. 

Page 3

 
MONARCH (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



COST OR VALUATION


At 1 October 2022
883,351



At 30 September 2023
883,351





5.


DEBTORS

2023
2022
£
£


Amounts owed by group undertakings
-
24,596



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Bank loans
62,148
40,000

Amounts owed to group undertakings
192,091
-

254,239
40,000


Bank loans are secured on the subsidiary company's freehold property. The loan is on a repayment basis and bears interest at 2.46% above Bank of England base rate per annum.

Page 4

 
MONARCH (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
2022
£
£

Bank loans
117,093
335,370


Bank loans are secured on the subsidiary company's freehold property. The loan is on a repayment basis and bears interest at 2.46% above Bank of England base rate per annum.


8.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



164,400 (2022 - 164,400) Ordinary shares of £0.01 each
1,644
1,644


 
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