Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity22023-01-24truefalsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC756329 2023-01-23 SC756329 2023-01-24 2024-03-31 SC756329 2022-04-01 2023-01-23 SC756329 2024-03-31 SC756329 c:Director1 2023-01-24 2024-03-31 SC756329 c:Director1 2024-03-31 SC756329 c:Director2 2023-01-24 2024-03-31 SC756329 c:Director2 2024-03-31 SC756329 c:Director3 2023-01-24 2024-03-31 SC756329 c:Director3 2024-03-31 SC756329 c:RegisteredOffice 2023-01-24 2024-03-31 SC756329 d:CurrentFinancialInstruments 2024-03-31 SC756329 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC756329 d:ShareCapital 2024-03-31 SC756329 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC756329 c:OrdinaryShareClass1 2023-01-24 2024-03-31 SC756329 c:OrdinaryShareClass1 2024-03-31 SC756329 c:FRS102 2023-01-24 2024-03-31 SC756329 c:AuditExempt-NoAccountantsReport 2023-01-24 2024-03-31 SC756329 c:FullAccounts 2023-01-24 2024-03-31 SC756329 c:PrivateLimitedCompanyLtd 2023-01-24 2024-03-31 SC756329 e:PoundSterling 2023-01-24 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC756329










MONARCH HOMES CDI LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

 
MONARCH HOMES CDI LTD
 

COMPANY INFORMATION


Directors
Clark Taylor (appointed 24 January 2023)
Ian Davidson (appointed 24 January 2023, resigned 21 April 2023)
David Taylor (appointed 24 January 2023, resigned 8 November 2023)




Registered number
SC756329



Registered office
Westby
64 West High Street

Forfar

Angus

DD8 1BJ




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
MONARCH HOMES CDI LTD
REGISTERED NUMBER: SC756329

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
£

  

CURRENT ASSETS
  

Stocks
  
652,509

Debtors: amounts falling due within one year
 4 
466

Cash at bank and in hand
  
3,077

  
656,052

Creditors: amounts falling due within one year
 5 
(660,250)

NET CURRENT (LIABILITIES)/ASSETS
  
 
 
(4,198)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(4,198)

  

NET (LIABILITIES)/ASSETS
  
(4,198)


CAPITAL AND RESERVES
  

Called up share capital 
  
4

Profit and loss account
  
(4,202)

  
(4,198)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 October 2024.




Clark Taylor
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
MONARCH HOMES CDI LTD
 

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

1.


GENERAL INFORMATION

Monarch Homes CDI Ltd is a private company, limited by shares, incorporated in Scotland with registration number SC756329. The registered office is Westby, 64 West High Street, Forfar, Scotland, DD8 1BJ.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 2

 
MONARCH HOMES CDI LTD
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 2.


4.


DEBTORS

2024
£


Other debtors
466

466



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
£

Trade creditors
8,333

Other creditors
57,792

Other loans
590,625

Accruals and deferred income
3,500

660,250



6.


SHARE CAPITAL

2024
£
AUTHORISED, ALLOTTED, CALLED UP AND FULLY PAID


4 Ordinary shares of £1.00 each
4


On incorporation the company issued 3 ordinary shares of £1, during the current year another 1 ordinary share of £1 nominal value was allotted, £1 consideration was received.

Page 3

 
MONARCH HOMES CDI LTD
 

 Page 4