Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312023-06-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05469891 2023-06-01 2024-05-31 05469891 2022-06-01 2023-05-31 05469891 2024-05-31 05469891 2023-05-31 05469891 c:Director1 2023-06-01 2024-05-31 05469891 d:Buildings 2024-05-31 05469891 d:Buildings 2023-05-31 05469891 d:CurrentFinancialInstruments 2024-05-31 05469891 d:CurrentFinancialInstruments 2023-05-31 05469891 d:Non-currentFinancialInstruments 2024-05-31 05469891 d:Non-currentFinancialInstruments 2023-05-31 05469891 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 05469891 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 05469891 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 05469891 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 05469891 d:ShareCapital 2024-05-31 05469891 d:ShareCapital 2023-05-31 05469891 d:RetainedEarningsAccumulatedLosses 2024-05-31 05469891 d:RetainedEarningsAccumulatedLosses 2023-05-31 05469891 c:OrdinaryShareClass1 2023-06-01 2024-05-31 05469891 c:OrdinaryShareClass1 2024-05-31 05469891 c:FRS102 2023-06-01 2024-05-31 05469891 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05469891 c:FullAccounts 2023-06-01 2024-05-31 05469891 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 05469891














MONTALBAN INVESTMENTS LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
MONTALBAN INVESTMENTS LTD
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 5


 
MONTALBAN INVESTMENTS LTD
REGISTERED NUMBER:05469891

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,038,852
1,038,852

  
1,038,852
1,038,852

Current assets
  

Debtors: amounts falling due within one year
 5 
7,835
7,766

Cash at bank and in hand
 6 
6,859
9,349

  
14,694
17,115

Creditors: amounts falling due within one year
 7 
(37,947)
(51,499)

Net current liabilities
  
 
 
(23,253)
 
 
(34,384)

Total assets less current liabilities
  
1,015,599
1,004,468

Creditors: amounts falling due after more than one year
 8 
(634,501)
(634,504)

  

Net assets
  
381,098
369,964


Capital and reserves
  

Called up share capital 
 9 
1,000
1,000

Profit and loss account
  
380,098
368,964

  
381,098
369,964


1

 
MONTALBAN INVESTMENTS LTD
REGISTERED NUMBER:05469891
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

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 year 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 company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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 10 January 2025.




J Gilly Curiel
Director

The notes on pages 3 to 5 form part of these financial statements.

2

 
MONTALBAN INVESTMENTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Montalban Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 05469891
The registered office address is 14 Woodgate Avenue, Chessington, Surrey, KT9 2RA.
 
The principal activity of the company is that of property investment.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover from property investment is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in the Profit and loss account, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

  
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

3

 
MONTALBAN INVESTMENTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Land & Buildings

£



Cost or valuation


At 1 June 2023
1,038,852



At 31 May 2024

1,038,852






Net book value



At 31 May 2024
1,038,852



At 31 May 2023
1,038,852


5.


Debtors

2024
2023
£
£


Prepayments and accrued income
7,835
7,766


4

 
MONTALBAN INVESTMENTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
6,859
9,349



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
21,629
40,422

Corporation tax
2,612
6,402

Accruals and deferred income
13,706
4,675

37,947
51,499



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
634,501
634,504



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 Ordinary shares of £1.00 each
1,000
1,000

5