Company Registration No. 14308273 (England and Wales)
MONSOON LIMITED
Unaudited accounts
for the year ended 31 August 2024
MONSOON LIMITED
Unaudited accounts
Contents
MONSOON LIMITED
Company Information
for the year ended 31 August 2024
Company Number
14308273 (England and Wales)
Registered Office
13a Langdon Road,
London
England,
E6 2QB
Accountants
Farshan & Co
Accountants & Tax Advisers
Suite 1, 2 Britannia Street
Leicester
LE1 3LE
MONSOON LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
3,396
4,141
Cash at bank and in hand
4,249
3,407
Creditors: amounts falling due within one year
(5,927)
(7,580)
Net current liabilities
(558)
(3,123)
Called up share capital
1
1
Profit and loss account
2,837
1,017
Shareholders' funds
2,838
1,018
For the year ending 31 August 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 12 February 2025 and were signed on its behalf by
Mr.Sami RUZZAMAN
Director
Company Registration No. 14308273
MONSOON LIMITED
Notes to the Accounts
for the year ended 31 August 2024
MONSOON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14308273. The registered office is 13a Langdon Road,, London, England, , E6 2QB.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
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 relevant proportion of overheads according to the stage of manufacturing/completion.
MONSOON LIMITED
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
4,250
800
5,050
At 31 August 2024
4,250
800
5,050
At 1 September 2023
765
144
909
Charge for the year
627
118
745
At 31 August 2024
1,392
262
1,654
At 31 August 2024
2,858
538
3,396
At 31 August 2023
3,485
656
4,141
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
428
239
Other creditors
5,499
7,341
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).