Company Registration No. 09448671 (England and Wales)
Moonster Products Ltd
Unaudited accounts
for the year ended 29 February 2024
Moonster Products Ltd
Company Information
for the year ended 29 February 2024
Directors
N von Enzberg
M Bleinroth
M Geyer
Company Number
09448671 (England and Wales)
Registered Office
14 Priory Lane
Bracknell
Berkshire
RG42 2JT
United Kingdom
Accountants
Thames Bridge Accountants
60 Oak Tree Road
Marlow
Buckinghamshire
SL7 3EQ
Moonster Products Ltd
Statement of financial position
as at 29 February 2024
Intangible assets
39,924
50,652
Inventories
860,576
1,008,601
Cash at bank and in hand
901,050
753,148
Creditors: amounts falling due within one year
(303,946)
(297,468)
Net current assets
1,664,911
1,573,662
Net assets
1,704,835
1,665,002
Called up share capital
100
100
Profit and loss account
1,704,735
1,664,902
Shareholders' funds
1,704,835
1,665,002
For the year ending 29 February 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 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 20 January 2025 and were signed on its behalf by
M Geyer
Director
Company Registration No. 09448671
Moonster Products Ltd
Notes to the Accounts
for the year ended 29 February 2024
Moonster Products Ltd is a private company, limited by shares, registered in England and Wales, registration number 09448671. The registered office is 14 Priory Lane, Bracknell, Berkshire, RG42 2JT, United Kingdom.
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.
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.
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
10% Straight Line
Motor vehicles
20% Straight Line
Computer equipment
33 1/3% Straight Line
Intangible assets comprise the companies investments in Trademarks, Copyrights, and website development, which the directors consider to have a expected useful economic value to the company of at least 5 years. The assets are initially recognised at cost, and amortised over 5 years, subject to regular review of the remaining economic life.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a the inbound freight required to transport stock from the producer into the company warehouse.
Inventory includes both warehouse stock, and goods on the water from suppliers, for which the company has been invoiced.
Moonster Products Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Intangible fixed assets
Other
At 29 February 2024
53,636
Charge for the year
10,728
At 29 February 2024
13,712
At 29 February 2024
39,924
At 28 February 2023
50,652
Intangible assets comprise the companies investments in Trademarks, Copyrights, and website development, which the directors consider to have a expected useful economic value to the company of at least 5 years. The assets are initially recognised at cost, and amortised over 5 years, subject to regular review of the remaining economic life.
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
26,798
35,580
5,275
67,653
Disposals
(26,798)
(35,580)
(6,208)
(68,586)
At 29 February 2024
-
-
-
-
At 1 March 2023
6,678
18,383
1,904
26,965
Charge for the year
2,010
5,337
1,551
8,898
On disposals
(8,688)
(23,720)
(3,455)
(35,863)
At 29 February 2024
-
-
-
-
At 29 February 2024
-
-
-
-
At 28 February 2023
20,120
17,197
3,371
40,688
Finished goods
860,576
1,008,601
Moonster Products Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
125,557
109,381
8
Creditors: amounts falling due within one year
2024
2023
Trade creditors
166,212
136,938
Taxes and social security
98,549
127,362
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).