1 October 2023 false No description of principal activity Taxfiler 2024.6 08689218business:PrivateLimitedCompanyLtd2023-10-012024-09-30 086892182023-09-30 086892182023-10-012024-09-30 08689218business:AuditExemptWithAccountantsReport2023-10-012024-09-30 08689218business:FilletedAccounts2023-10-012024-09-30 086892182024-09-30 086892182023-09-30 08689218core:WithinOneYear2024-09-30 08689218core:WithinOneYear2023-09-30 08689218core:AfterOneYear2024-09-30 08689218core:AfterOneYear2023-09-30 08689218core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 08689218core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 08689218core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 08689218core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 08689218core:PreviouslyStatedAmount2024-09-30 08689218core:PreviouslyStatedAmount2023-09-30 08689218business:SmallEntities2023-10-012024-09-30 08689218business:Director12023-10-012024-09-30 08689218countries:EnglandWales2023-10-012024-09-30 08689218business:RegisteredOffice2023-10-012024-09-30 08689218core:PlantMachinery2023-10-012024-09-30 08689218core:MotorVehicles2023-10-012024-09-30 08689218core:PlantMachinery2023-09-30 08689218core:MotorVehicles2023-09-30 08689218core:PlantMachinery2024-09-30 08689218core:MotorVehicles2024-09-30 08689218business:OrdinaryShareClass12023-10-012024-09-30 08689218business:OrdinaryShareClass12022-10-012023-09-30 086892182022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08689218 (England and Wales)
MONIL BUSINESS SOLUTIONS LTD accounts for the year ended 30 September 2024
MONIL BUSINESS SOLUTIONS LTD accounts Contents
Page
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MONIL BUSINESS SOLUTIONS LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,814 
16,773 
Investments
11,000 
11,000 
24,814 
27,773 
Current assets
Debtors
18,001 
18,001 
Cash at bank and in hand
1,737 
2,031 
19,738 
20,032 
Creditors: amounts falling due within one year
(599)
(299)
Net current assets
19,139 
19,733 
Total assets less current liabilities
43,953 
47,506 
Creditors: amounts falling due after more than one year
(5,045)
(7,650)
Net assets
38,908 
39,856 
Capital and reserves
Called up share capital
50,100 
50,100 
Profit and loss account
(11,192)
(10,244)
Shareholders' funds
38,908 
39,856 
For the year ending 30 September 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 22 November 2024 and were signed on its behalf by
Naimesh Langalia Director Company Registration No. 08689218
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MONIL BUSINESS SOLUTIONS LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
MONIL BUSINESS SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08689218. The registered office is 57 Valence Wood Road, Dagenham, RM8 3AS, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
28,757 
14,038 
42,795 
At 30 September 2024
28,757 
14,038 
42,795 
Depreciation
At 1 October 2023
19,895 
6,127 
26,022 
Charge for the year
1,772 
1,187 
2,959 
At 30 September 2024
21,667 
7,314 
28,981 
Net book value
At 30 September 2024
7,090 
6,724 
13,814 
At 30 September 2023
8,862 
7,911 
16,773 
5
Investments
Other investments 
£ 
Valuation at 1 October 2023
11,000 
Valuation at 30 September 2024
11,000 
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MONIL BUSINESS SOLUTIONS LTD Notes to the Accounts for the year ended 30 September 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
18,001 
18,001 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
(1)
(1)
Accruals
600 
300 
599 
299 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,045 
7,650 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50,100 Ordinary shares of £1 each
50,100 
50,100 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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