Company registration number 05035832 (England and Wales)
MONMOUTHSHIRE TIMBER SUPPLIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
MONMOUTHSHIRE TIMBER SUPPLIES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MONMOUTHSHIRE TIMBER SUPPLIES LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
CURRENT ASSETS
Debtors
3
3,912,261
3,912,261
NET CURRENT ASSETS
3,912,261
3,912,261
CAPITAL AND RESERVES
Called up share capital
222
222
Share premium account
770,432
770,432
Profit and loss reserves
3,141,607
3,141,607
TOTAL EQUITY
3,912,261
3,912,261
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on
27 January 2025 and are signed on its behalf by:
2025-01-27
Neil Davies
Director
Company registration number 05035832 (England and Wales)
MONMOUTHSHIRE TIMBER SUPPLIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 2 -
1
ACCOUNTING POLICIES
Company information
Monmouthshire Timber Supplies Limited is a private company limited by shares incorporated in England and Wales. The registered office is Premier Forest Products Limited, West Way Road, Alexandra Docks, Newport, NP20 2PQ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2
Profit and loss account
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year.
2
EMPLOYEES
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
57
3
DEBTORS
2024
2023
Amounts falling due within one year:
£
£
Other debtors
3,912,261
3,912,261
MONMOUTHSHIRE TIMBER SUPPLIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
4
PARENT COMPANY
The company's immediate parent company is Premier Forest Products Limited, a company registered in England and Wales. The company's ultimate parent company is Premier Forest UK Group Holdings Limited, a company registered in England and Wales. The largest and smallest group in which the results for the company is consolidated is that headed by Premier Forest UK Group Holdings Limited. The consolidated accounts of this company are available to the public and may by obtained from Companies House.