Company Registration No. SC392696 (Scotland)
Monkeyleith Ltd
Unaudited accounts
for the year ended 31 January 2024
Monkeyleith Ltd
Unaudited accounts
Contents
Monkeyleith Ltd
Company Information
for the year ended 31 January 2024
Directors
MARTIN PROUDLER
Scott Nicoll
Company Number
SC392696 (Scotland)
Registered Office
4 South Street
Inchinnan
Renfrew
PA4 9RJ
Scotland
Accountants
McCreath Accountancy
Lomond House
4 South Street
Inchinnan
Renfrewshire
PA4 9RJ
Monkeyleith Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
290,017
298,525
Investment property
255,020
255,020
Cash at bank and in hand
413,828
293,918
Creditors: amounts falling due within one year
(26,214)
(109,786)
Net current assets
409,738
204,132
Total assets less current liabilities
954,775
757,677
Creditors: amounts falling due after more than one year
(12,774)
(22,364)
Net assets
942,001
735,313
Called up share capital
100
100
Profit and loss account
941,901
735,213
Shareholders' funds
942,001
735,313
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by
MARTIN PROUDLER
Director
Company Registration No. SC392696
Monkeyleith Ltd
Notes to the Accounts
for the year ended 31 January 2024
Monkeyleith Ltd is a private company, limited by shares, registered in Scotland, registration number SC392696. The registered office is 4 South Street, Inchinnan, Renfrew, PA4 9RJ, Scotland.
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.
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:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
350,000
10,744
26,662
292
387,698
At 31 January 2024
350,000
10,744
26,662
292
387,698
At 1 February 2023
56,000
9,309
23,572
292
89,173
Charge for the year
7,000
478
1,030
-
8,508
At 31 January 2024
63,000
9,787
24,602
292
97,681
At 31 January 2024
287,000
957
2,060
-
290,017
At 31 January 2023
294,000
1,435
3,090
-
298,525
Fair value at 1 February 2023
255,020
At 31 January 2024
255,020
Monkeyleith Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
3,124
-
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,201
10,969
Trade creditors
14,892
29,225
Taxes and social security
5,121
51,630
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 15 (2023: 27).