IRIS Accounts Production v24.2.0.383 05196470 director 1.2.23 31.1.24 31.1.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051964702023-01-31051964702024-01-31051964702023-02-012024-01-31051964702022-01-31051964702022-02-012023-01-31051964702023-01-3105196470ns15:EnglandWales2023-02-012024-01-3105196470ns14:PoundSterling2023-02-012024-01-3105196470ns10:Director12023-02-012024-01-3105196470ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3105196470ns10:SmallEntities2023-02-012024-01-3105196470ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3105196470ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3105196470ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3105196470ns10:FullAccounts2023-02-012024-01-3105196470ns10:CompanySecretary12023-02-012024-01-3105196470ns10:RegisteredOffice2023-02-012024-01-3105196470ns5:CurrentFinancialInstruments2024-01-3105196470ns5:CurrentFinancialInstruments2023-01-3105196470ns5:Non-currentFinancialInstruments2024-01-3105196470ns5:Non-currentFinancialInstruments2023-01-3105196470ns5:ShareCapital2024-01-3105196470ns5:ShareCapital2023-01-3105196470ns5:RetainedEarningsAccumulatedLosses2024-01-3105196470ns5:RetainedEarningsAccumulatedLosses2023-01-3105196470ns5:LandBuildings2023-02-012024-01-3105196470ns5:PlantMachinery2023-02-012024-01-3105196470ns5:LandBuildings2023-01-3105196470ns5:PlantMachinery2023-01-3105196470ns5:LandBuildings2024-01-3105196470ns5:PlantMachinery2024-01-3105196470ns5:LandBuildings2023-01-3105196470ns5:PlantMachinery2023-01-3105196470ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3105196470ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 05196470 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

THE MONACO DAWN TREADER COMPANY LIMITED

THE MONACO DAWN TREADER COMPANY LIMITED (REGISTERED NUMBER: 05196470)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE MONACO DAWN TREADER COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTOR: Ms M R Harrison





SECRETARY: Taylor Wessing Secretaries Limited





REGISTERED OFFICE: 5 New Street Square
London
EC4A 3TW





REGISTERED NUMBER: 05196470 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

THE MONACO DAWN TREADER COMPANY LIMITED (REGISTERED NUMBER: 05196470)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 816,246 1,020,262

CURRENT ASSETS
Debtors 5 51,168 1
Cash at bank 94,899 66,272
146,067 66,273
CREDITORS
Amounts falling due within one year 6 25,075 103,811
NET CURRENT ASSETS/(LIABILITIES) 120,992 (37,538 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

937,238

982,724

CREDITORS
Amounts falling due after more than one
year

7

26,149,615

24,665,508
NET LIABILITIES (25,212,377 ) (23,682,784 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (25,212,378 ) (23,682,785 )
SHAREHOLDERS' FUNDS (25,212,377 ) (23,682,784 )

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

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

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 MONACO DAWN TREADER COMPANY LIMITED (REGISTERED NUMBER: 05196470)

BALANCE SHEET - continued
31 January 2024



The financial statements were approved by the director and authorised for issue on 11 October 2024 and were signed by:





Ms M R Harrison - Director


THE MONACO DAWN TREADER COMPANY LIMITED (REGISTERED NUMBER: 05196470)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

The Monaco Dawn Treader Company 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.

The financial statements are being prepared on a going concern basis as confirmation has been recived from the company's principle creditor that, despite the debt being payable on demand, recovery of this debt will not be sought until the company's resources are adequate or in any event no sooner than one year and one day from the date of sign off. This debt is disclosed as Creditors amounts falling due after more than one year.

Turnover
Turnover represents net invoiced yacht charters, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - over remaining term of lease
Plant and machinery etc - 5% on cost

Financial instruments
Basic financial instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS102.

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.

Foreign currencies
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

THE MONACO DAWN TREADER COMPANY LIMITED (REGISTERED NUMBER: 05196470)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 148,152 4,080,918 4,229,070
DEPRECIATION
At 1 February 2023 148,152 3,060,656 3,208,808
Charge for year - 204,016 204,016
At 31 January 2024 148,152 3,264,672 3,412,824
NET BOOK VALUE
At 31 January 2024 - 816,246 816,246
At 31 January 2023 - 1,020,262 1,020,262

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 51,168 1

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors & accruals 25,075 103,811

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other creditors 26,149,615 24,665,508