Company Registration No. 12040575 (England and Wales)
Monarch Construction Management Ltd
Unaudited accounts
for the year ended 30 June 2023
Monarch Construction Management Ltd
Unaudited accounts
Contents
Monarch Construction Management Ltd
Company Information
for the year ended 30 June 2023
Directors
Hashim Rehman
Suleman Kamani
Company Number
12040575 (England and Wales)
Registered Office
The Pinnacle
73 King Street
Manchester
M2 4NG
Great Britain
Monarch Construction Management Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
117,097
89,400
Cash at bank and in hand
1,746
2,927
Creditors: amounts falling due within one year
(349,105)
(15,545)
Net current (liabilities)/assets
(171,973)
6,649
Total assets less current liabilities
(54,876)
96,049
Creditors: amounts falling due after more than one year
(28,704)
(39,352)
Net (liabilities)/assets
(83,580)
56,697
Called up share capital
100
100
Profit and loss account
(83,680)
56,597
Shareholders' funds
(83,580)
56,697
For the year ending 30 June 2023 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 14 October 2024 and were signed on its behalf by
Suleman Kamani
Director
Company Registration No. 12040575
Monarch Construction Management Ltd
Notes to the Accounts
for the year ended 30 June 2023
Monarch Construction Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 12040575. The registered office is The Pinnacle, 73 King Street, Manchester, M2 4NG, Great Britain.
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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:
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Tangible fixed assets
Motor vehicles
Charge for the year
46,011
Monarch Construction Management Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
22,160
(6,333)
Other debtors
136,389
25,600
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
24,078
14,147
Other creditors
255,751
(1,002)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 0).