Company Registration No. 10613479 (England and Wales)
Mono Mono Ltd
Unaudited accounts
for the year ended 29 February 2024
Mono Mono Ltd
Unaudited accounts
Contents
Mono Mono Ltd
Company Information
for the year ended 29 February 2024
Company Number
10613479 (England and Wales)
Registered Office
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
Mono Mono Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
29,016
41,741
Cash at bank and in hand
190,825
148,378
Creditors: amounts falling due within one year
(87,629)
(103,759)
Net current assets
151,565
160,560
Net assets
180,581
202,301
Called up share capital
4
4
Profit and loss account
180,577
202,297
Shareholders' funds
180,581
202,301
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 September 2024 and were signed on its behalf by
Mr J Kerry
Director
Company Registration No. 10613479
Mono Mono Ltd
Notes to the Accounts
for the year ended 29 February 2024
Mono Mono Ltd is a private company, limited by shares, registered in England and Wales, registration number 10613479. The registered office is School Master's House, 39 College Street, Petersfield, Hampshire, GU31 4AG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reducing balance 25%
Motor vehicles
Reducing balance 25%
Computer equipment
Reducing balance 25%
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Mono Mono Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Intangible fixed assets
Goodwill
At 29 February 2024
42,154
At 29 February 2024
42,154
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
46,143
39,000
10,432
95,575
Additions
10,075
-
-
10,075
Disposals
-
(39,000)
-
(39,000)
At 29 February 2024
56,218
-
10,432
66,650
At 1 March 2023
19,148
25,871
8,815
53,834
Charge for the year
9,267
-
404
9,671
On disposals
-
(25,871)
-
(25,871)
At 29 February 2024
28,415
-
9,219
37,634
At 29 February 2024
27,803
-
1,213
29,016
At 28 February 2023
26,995
13,129
1,617
41,741
Amounts falling due within one year
Trade debtors
45,682
108,604
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
15,238
Taxes and social security
63,478
49,793
Mono Mono Ltd
Notes to the Accounts
for the year ended 29 February 2024
8
Average number of employees
During the year the average number of employees was 5 (2023: 3).