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Company Registration No. 12355234 (England and Wales)
Montanas Group Ltd Unaudited accounts for the year ended 31 May 2024
Montanas Group Ltd Unaudited accounts Contents
Page
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Montanas Group Ltd Company Information for the year ended 31 May 2024
Director
Miles Stuart
Company Number
12355234 (England and Wales)
Registered Office
37 Bull Street Holt Norfolk NR25 6HP England
Accountants
The Profit Hero Ltd 37 Bull Street Holt Norfolk NR25 6HP
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Montanas Group Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
619 
2,787 
Current assets
Debtors
104,706 
109,875 
Cash at bank and in hand
337,653 
285,084 
442,359 
394,959 
Creditors: amounts falling due within one year
(222,268)
(239,276)
Net current assets
220,091 
155,683 
Total assets less current liabilities
220,710 
158,470 
Provisions for liabilities
Other provisions
(155)
(696)
Net assets
220,555 
157,774 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
220,554 
157,773 
Shareholders' funds
220,555 
157,774 
For the year ending 31 May 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 17 January 2025 and were signed on its behalf by
Miles Stuart Director Company Registration No. 12355234
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Montanas Group Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Montanas Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12355234. The registered office is 37 Bull Street, Holt, Norfolk, NR25 6HP, 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 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:
Plant & machinery
Office equipment (33.33% SL)
Computer equipment
Computer Equipment (SL 25%)
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
82 
10,675 
10,757 
Additions
- 
828 
828 
At 31 May 2024
82 
11,503 
11,585 
Depreciation
At 1 June 2023
41 
7,929 
7,970 
Charge for the year
20 
2,976 
2,996 
At 31 May 2024
61 
10,905 
10,966 
Net book value
At 31 May 2024
21 
598 
619 
At 31 May 2023
41 
2,746 
2,787 
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Montanas Group Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
104,371 
107,017 
Accrued income and prepayments
335 
- 
Other debtors
- 
2,858 
104,706 
109,875 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
588 
- 
Trade creditors
135,578 
126,070 
Taxes and social security
20,492 
8,476 
Other creditors
- 
102,730 
Loans from directors
64,760 
- 
Accruals
850 
- 
Deferred income
- 
2,000 
222,268 
239,276 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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