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REGISTERED NUMBER: 01625407 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MONOROOF LIMITED

MONOROOF LIMITED (REGISTERED NUMBER: 01625407)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MONOROOF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M Platt
M J Baker



SECRETARY: Miss J Morrison



REGISTERED OFFICE: Vale Lodge
Star Lane
Horwich
Bolton
BL6 5HR



REGISTERED NUMBER: 01625407 (England and Wales)



ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ



BANKERS: Bank of Scotland
19-21 Spring Gardens
Manchester
Lancashire
M2 1FB

MONOROOF LIMITED (REGISTERED NUMBER: 01625407)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 115,941 80,775

CURRENT ASSETS
Stocks 8,476 8,913
Debtors 6 762,777 534,471
Investments 7 300,000 300,000
Cash at bank 472,582 582,771
1,543,835 1,426,155
CREDITORS
Amounts falling due within one year 8 675,808 553,764
NET CURRENT ASSETS 868,027 872,391
TOTAL ASSETS LESS CURRENT
LIABILITIES

983,968

953,166

PROVISIONS FOR LIABILITIES 27,513 15,347
NET ASSETS 956,455 937,819

CAPITAL AND RESERVES
Called up share capital 2,310 2,310
Retained earnings 954,145 935,509
SHAREHOLDERS' FUNDS 956,455 937,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MONOROOF LIMITED (REGISTERED NUMBER: 01625407)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 11 July 2024 and were signed on its behalf by:




M Platt - Director



M J Baker - Director


MONOROOF LIMITED (REGISTERED NUMBER: 01625407)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Monoroof 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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.
Building alterations - 20% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

MONOROOF LIMITED (REGISTERED NUMBER: 01625407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 19 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Building Plant and and Motor
alterations machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2023 745 31,183 57,181 172,375 261,484
Additions - - - 91,797 91,797
Disposals - - - (82,068 ) (82,068 )
At 31 March 2024 745 31,183 57,181 182,104 271,213
DEPRECIATION
At 1 April 2023 745 30,461 56,572 92,931 180,709
Charge for year - 181 152 33,174 33,507
Eliminated on disposal - - - (58,944 ) (58,944 )
At 31 March 2024 745 30,642 56,724 67,161 155,272
NET BOOK VALUE
At 31 March 2024 - 541 457 114,943 115,941
At 31 March 2023 - 722 609 79,444 80,775

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 644,891 431,206
VAT 79,205 72,125
Prepayments and accrued income 38,681 31,140
762,777 534,471

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 300,000 300,000

MONOROOF LIMITED (REGISTERED NUMBER: 01625407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 349,221 281,234
Tax 40,822 23,684
Social security and other taxes 13,773 13,539
Accruals and deferred income 271,992 235,307
675,808 553,764