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REGISTERED NUMBER: 07872589 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 December 2023

for

Monton Van Sales Limited

Monton Van Sales Limited (Registered number: 07872589)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Monton Van Sales Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: C Patten





SECRETARY:





REGISTERED OFFICE: The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY





REGISTERED NUMBER: 07872589 (England and Wales)





ACCOUNTANTS: TF & Partners Ltd t/a Hatherlows
Chartered Accountants
The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY

Monton Van Sales Limited (Registered number: 07872589)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,182 4,107

CURRENT ASSETS
Stocks 2,435 8,044
Debtors 6 11,212 23,065
Cash at bank 237 6,077
13,884 37,186
CREDITORS
Amounts falling due within one year 7 23,159 36,073
NET CURRENT (LIABILITIES)/ASSETS (9,275 ) 1,113
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,093

)

5,220

CREDITORS
Amounts falling due after more than one
year

8

30,094

35,649
NET LIABILITIES (36,187 ) (30,429 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (36,287 ) (30,529 )
SHAREHOLDERS' FUNDS (36,187 ) (30,429 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Monton Van Sales Limited (Registered number: 07872589)

Statement of Financial Position - continued
31 December 2023


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 director and authorised for issue on 8 March 2024 and were signed by:





C Patten - Director


Monton Van Sales Limited (Registered number: 07872589)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Monton Van Sales 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Monton Van Sales Limited (Registered number: 07872589)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


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 4 (2022 - 5 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 4,829 2,037 11,866 18,732
DEPRECIATION
At 1 January 2023 3,433 1,397 9,795 14,625
Charge for year 279 128 518 925
At 31 December 2023 3,712 1,525 10,313 15,550
NET BOOK VALUE
At 31 December 2023 1,117 512 1,553 3,182
At 31 December 2022 1,396 640 2,071 4,107

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,843 10,877
Other debtors 8,369 12,188
11,212 23,065

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,556 5,556
Trade creditors 2,921 8,752
Taxation and social security 8,991 15,114
Other creditors 5,691 6,651
23,159 36,073

Monton Van Sales Limited (Registered number: 07872589)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 30,094 35,649

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,871 13,426

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
C Patten
Balance outstanding at start of year - 50,000
Amounts repaid - (50,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

10. POST BALANCE SHEET EVENTS

The financial statements were authorised for issue by the director on 8 March 2024.

11. ULTIMATE CONTROLLING PARTY

The controlling party is C Patten.

The ultimate controlling party is C Patten.