Acorah Software Products - Accounts Production 15.0.500 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08974521 Robert Allen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08974521 2023-03-31 08974521 2024-03-31 08974521 2023-04-01 2024-03-31 08974521 frs-core:CurrentFinancialInstruments 2024-03-31 08974521 frs-core:ShareCapital 2024-03-31 08974521 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08974521 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08974521 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08974521 frs-bus:SmallEntities 2023-04-01 2024-03-31 08974521 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08974521 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08974521 frs-bus:Director1 2023-04-01 2024-03-31 08974521 frs-bus:Director1 2023-03-31 08974521 frs-bus:Director1 2024-03-31 08974521 frs-countries:EnglandWales 2023-04-01 2024-03-31 08974521 2022-03-31 08974521 2023-03-31 08974521 2022-04-01 2023-03-31 08974521 frs-core:CurrentFinancialInstruments 2023-03-31 08974521 frs-core:ShareCapital 2023-03-31 08974521 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08974521
Monument Capital Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08974521
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,880 20,177
Cash at bank and in hand 429 5
3,309 20,182
Creditors: Amounts Falling Due Within One Year 5 (131,425 ) (132,754 )
NET CURRENT ASSETS (LIABILITIES) (128,116 ) (112,572 )
TOTAL ASSETS LESS CURRENT LIABILITIES (128,116 ) (112,572 )
NET LIABILITIES (128,116 ) (112,572 )
CAPITAL AND RESERVES
Called up share capital 6 51,350 51,350
Profit and Loss Account (179,466 ) (163,922 )
SHAREHOLDERS' FUNDS (128,116) (112,572)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Robert Allen
Director
06/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Monument Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08974521 . The registered office is 124 City Road, London, EC1V 2NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and the Republic of Ireland - and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors consider the going concern basis remains appropriate as the company will have access to sufficient funds to continue in business.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,890 19,187
Called up share capital not paid 990 990
2,880 20,177
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 4,465 19,831
Amounts owed to related parties, secured 126,960 112,923
131,425 132,754
A loan of US$40,000 was advanced to the company on 8 April 2014 by a shareholder and former director. The loan was repayable by 15 May 2014 at an amount of US$40,500. Penalty interest is payable at a rate of 15% on the Principal and unpaid interest from the date of advance until repayment. 
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6. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 990 990
Called Up Share Capital has been paid up 50,360 50,360
Amount of Allotted, Called Up Share Capital 51,350 51,350
The company's share capital comprised 350 ordinary shares of £1 each and 50,000 redeemable preference shares of £1 each, both classes of shares being fully paid. The preference shares do not confer any voting rights or rights to receive dividends and are redeemable by the company giving notice to the holders. 
On 23 October 2020, the company issued 1,000 new ordinary shares of £1 each, of which £0.01 per share was paid.
On 26 November 2020, the company's ordinary shares were subdivided into 135,000 shares of £0.01 each.
7. Directors Advances, Credits and Guarantees
Included within Other Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Robert Allen 19,187 - 19,187 - -
The above loan was unsecured and interest free.
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