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REGISTERED NUMBER: 06952328 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

MONFORTE SERVICES LIMITED

MONFORTE SERVICES LIMITED (REGISTERED NUMBER: 06952328)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MONFORTE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: S P Brown
Mrs S Brown





SECRETARY: S P Brown





REGISTERED OFFICE: Monforte House
Unit C9 Queens Road
Bridgend Industrial Estate
Bridgend
Mid Glamorgan
CF31 3UT





REGISTERED NUMBER: 06952328 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

MONFORTE SERVICES LIMITED (REGISTERED NUMBER: 06952328)

BALANCE SHEET
31 AUGUST 2024

31/8/24 31/8/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,333 35,516

CURRENT ASSETS
Debtors 5 36,677 15,043
Cash at bank 8,724 6,514
45,401 21,557
CREDITORS
Amounts falling due within one year 6 78,873 56,720
NET CURRENT LIABILITIES (33,472 ) (35,163 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

861

353

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 841 333
SHAREHOLDERS' FUNDS 861 353

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MONFORTE SERVICES LIMITED (REGISTERED NUMBER: 06952328)

BALANCE SHEET - continued
31 AUGUST 2024


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 Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





S P Brown - Director


MONFORTE SERVICES LIMITED (REGISTERED NUMBER: 06952328)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Monforte Services 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.

Turnover
Turnover represents provision for services and is recognised at the invoice date.

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 - in accordance with the property
Plant and machinery etc - 25% on cost and 15% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

MONFORTE SERVICES LIMITED (REGISTERED NUMBER: 06952328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 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 September 2023 46,652 38,769 85,421
Disposals - (26,950 ) (26,950 )
At 31 August 2024 46,652 11,819 58,471
DEPRECIATION
At 1 September 2023 11,386 38,519 49,905
Charge for year 933 - 933
Eliminated on disposal - (26,700 ) (26,700 )
At 31 August 2024 12,319 11,819 24,138
NET BOOK VALUE
At 31 August 2024 34,333 - 34,333
At 31 August 2023 35,266 250 35,516

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Other debtors 36,677 15,043

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Taxation and social security 7,471 21,236
Other creditors 71,402 35,484
78,873 56,720

MONFORTE SERVICES LIMITED (REGISTERED NUMBER: 06952328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31/8/24 31/8/23
£    £   
S P Brown and Mrs S Brown
Balance outstanding at start of year 15,043 (626 )
Amounts advanced 47,633 44,669
Amounts repaid (26,000 ) (29,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 36,676 15,043

8. RELATED PARTY DISCLOSURES

During the year the company received £30,000 and £9,600 in respect of rental income and hire charges of motor vehicles from P S S Scaffolding Limited, a company under the control of the directors.

Included in creditors is an amount of £71,402, (2023: £35,484) due to PSS Scaffolding Limited.