REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 29th February 2024 |
for |
Monitran Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 29th February 2024 |
for |
Monitran Limited |
Monitran Limited (Registered number: 02054040) |
Contents of the Financial Statements |
for the year ended 29th February 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Monitran Limited |
Company Information |
for the year ended 29th February 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
129 High Street |
Teddington |
Middlesex |
TW11 8HJ |
Monitran Limited (Registered number: 02054040) |
Abridged Balance Sheet |
29th February 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Monitran Limited (Registered number: 02054040) |
Abridged Balance Sheet - continued |
29th February 2024 |
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 |
Monitran Limited (Registered number: 02054040) |
Notes to the Financial Statements |
for the year ended 29th February 2024 |
1. | STATUTORY INFORMATION |
Monitran Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents sales of goods and services, excluding value added tax. |
Patents |
Patents have been written down to the value at the end of the period. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Stock and work in progress |
Stock and work in progress are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct costs incurred in bringing the stock to its present location and condition. |
Net realisable value is based on estimated selling price less further costs expected to be incurred to completion and disposal. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Monitran Limited (Registered number: 02054040) |
Notes to the Financial Statements - continued |
for the year ended 29th February 2024 |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1st March 2023 |
and 29th February 2024 |
AMORTISATION |
At 1st March 2023 |
and 29th February 2024 |
NET BOOK VALUE |
At 29th February 2024 |
At 28th February 2023 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1st March 2023 |
Additions |
At 29th February 2024 |
DEPRECIATION |
At 1st March 2023 |
Charge for year |
At 29th February 2024 |
NET BOOK VALUE |
At 29th February 2024 |
At 28th February 2023 |
6. | RELATED PARTY DISCLOSURES |
Mr R W G Pickard and Mrs J Pickard hold all of the issued share capital of the Company. They also have substantial shareholding interests in Saxeway Limited. Mr R W G Pickard is a director of Monitran Limited. |
2024 | 2023 |
£ | £ |
Saxeway Limited: |
Creditor in respect of loan | Nil | Nil |
Creditor in respect of Loan interest | 705 | 705 |
7. | ULTIMATE CONTROLLING PARTY |
Ultimate controlling party of the company is Mr R W G Pickard and Mrs J Pickard. |