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REGISTERED NUMBER: 02054040 (England and Wales)















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: T A Boghossian





SECRETARY: Mrs J Pickard





REGISTERED OFFICE: Monitor House
Hazelmere Road
Penn
Buckinghamshire
HP10 8AD





REGISTERED NUMBER: 02054040 (England and Wales)





ACCOUNTANTS: Butters & Company
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 76,404 93,553
76,404 93,553

CURRENT ASSETS
Stocks 492,655 375,561
Debtors 238,473 310,087
Cash at bank and in hand 311,100 350,172
1,042,228 1,035,820
CREDITORS
Amounts falling due within one year 179,933 219,484
NET CURRENT ASSETS 862,295 816,336
TOTAL ASSETS LESS CURRENT
LIABILITIES

938,699

909,889

PROVISIONS FOR LIABILITIES 13,912 13,912
NET ASSETS 924,787 895,977

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 924,587 895,777
SHAREHOLDERS' FUNDS 924,787 895,977

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 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.

Monitran Limited (Registered number: 02054040)

Abridged Balance Sheet - continued
29th February 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29th February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 5th August 2024 and were signed by:





T A Boghossian - Director


Monitran Limited (Registered number: 02054040)

Notes to the Financial Statements
for the year ended 29th February 2024

1. STATUTORY INFORMATION

Monitran Limited 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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Computer equipment - 25% on cost

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 28 (2023 - 28 ) .

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 5,726
AMORTISATION
At 1st March 2023
and 29th February 2024 5,726
NET BOOK VALUE

At 29th February 2024 -
At 28th February 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st March 2023 488,255
Additions 1,050
At 29th February 2024 489,305
DEPRECIATION
At 1st March 2023 394,702
Charge for year 18,199
At 29th February 2024 412,901
NET BOOK VALUE
At 29th February 2024 76,404
At 28th February 2023 93,553

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.