Company Registration No. 07801228 (England and Wales)
Monark Limited
Unaudited accounts
for the year ended 31 March 2024
Monark Limited
Unaudited accounts
Contents
Monark Limited
Company Information
for the year ended 31 March 2024
Director
P HARVEY-MATTHEWS
Company Number
07801228 (England and Wales)
Registered Office
8 CLARO COURT BUSINESS CENTRE
CLARO ROAD
HARROGATE
NORTH YORKSHIRE
HG1 4BA
Accountants
John Shackleton & Co Ltd,
10 Claro Court Business Centre
Claro Road
Harrogate
North Yorkshire
HG1 4BA
Monark Limited
Statement of financial position
as at 31 March 2024
Tangible assets
36,410
16,421
Cash at bank and in hand
180,878
68,320
Creditors: amounts falling due within one year
(165,268)
(146,449)
Net current assets/(liabilities)
53,586
(38,274)
Net assets/(liabilities)
89,996
(21,853)
Called up share capital
200
200
Profit and loss account
89,796
(22,053)
Shareholders' funds
89,996
(21,853)
For the year ending 31 March 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 27 January 2025 and were signed on its behalf by
P HARVEY-MATTHEWS
Director
Company Registration No. 07801228
Monark Limited
Notes to the Accounts
for the year ended 31 March 2024
Monark Limited is a private company, limited by shares, registered in England and Wales, registration number 07801228. The registered office is 8 CLARO COURT BUSINESS CENTRE, CLARO ROAD, HARROGATE, NORTH YORKSHIRE, HG1 4BA.
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 as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
15% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
-
27,746
2,576
30,322
Additions
18,700
2,277
4,451
25,428
At 31 March 2024
18,700
30,023
7,027
55,750
At 1 April 2023
-
13,901
-
13,901
Charge for the year
2,215
2,194
1,030
5,439
At 31 March 2024
2,215
16,095
1,030
19,340
At 31 March 2024
16,485
13,928
5,997
36,410
At 31 March 2023
-
13,845
2,576
16,421
Monark Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
10,837
15,328
Accrued income and prepayments
23,459
20,847
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
61,168
11,572
Other creditors
3,577
95,811
Loans from directors
7,228
-
Deferred income
72,765
30,581
7
Average number of employees
During the year the average number of employees was 18 (2023: 18).