Company No:
Contents
DIRECTORS | A M Boggis |
O M Boggis | |
R A Boggis |
REGISTERED OFFICE | Spurs Acre Farm Wallage Lane |
Rowfant | |
Crawley | |
RH10 4NJ | |
United Kingdom |
COMPANY NUMBER | 13613325 (England and Wales) |
ACCOUNTANT | Shaw Gibbs Limited |
Salatin House | |
19 Cedar Road | |
Sutton | |
SM2 5DA |
Note | 2024 | 2023 | ||
£ | £ | |||
Current assets | ||||
Stocks | 3 |
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Debtors | 4 |
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Cash at bank and in hand | 5 |
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1,777,282 | 153,754 | |||
Creditors: amounts falling due within one year | 6 | (
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Net current liabilities | (2,711) | (1,686) | ||
Total assets less current liabilities | (2,711) | (1,686) | ||
Net liabilities | (
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Capital and reserves | ||||
Called-up share capital | 7 |
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Profit and loss account | (
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Total shareholders' deficit | (
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Directors' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Moon Tree Esher Limited (registered number:
A M Boggis
Director |
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Moon Tree Esher Limited (the 'company') is a private company limited by share capital, registered in England and Wales under the Companies Act. The address of the registered office is given on page
1. The nature of the company’s operations and its principal activities are set out in the directors' report on page 2.
The directors have considered financial projections for the company over the foreseeable future and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly , they continue to adopt the going concern policy.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial
statements are presented in pound sterling (£).
There were no key sources of estimation uncertainties or critical judgements made by the directors in the process of applying the company’s accounting policies with significant effect on the amounts recognised in the financial statements.
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Receivables are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Receivables are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the
impairment of receivables is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their
present location and condition. At each reporting date, inventories are assessed for impairment. If inventories are impaired, the carrying amount is reduced to its selling price less costs to complete and
sell; the impairment loss is recognised immediately in profit or loss.
Payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does
not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement
for at least twelve months after the reporting date, they are presented as non-current liabilities.
Payables are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between
the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
The company only has financial assets and financial liabilities of a kind that qualify as basic financialinstruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
2024 | 2023 | ||
Number | Number | ||
The average number of persons employed by the Company during the year, including directors |
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£ | £ | ||
Work in progress |
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£ | £ | ||
VAT recoverable |
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Other debtors |
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£ | £ | ||
Cash at bank and in hand |
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2024 | 2023 | ||
£ | £ | ||
Amounts owed to directors |
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Accruals |
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Other creditors |
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£ | £ | ||
Allotted, called-up and fully-paid | |||
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