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Company Registration No. 14587341 (England and Wales)
Monch Watch Company Ltd Unaudited accounts for the year ended 31 January 2025
Monch Watch Company Ltd Unaudited accounts Contents
Page
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Monch Watch Company Ltd Company Information for the year ended 31 January 2025
Directors
Jonathan Beattie Alastair Watts
Company Number
14587341 (England and Wales)
Registered Office
International House 10 Beaufort Court, Admirals Way London E14 9XL United Kingdom
Accountants
365 Accounts Ltd 44 Brookwood Road Southampton Hampshire SO16 9AJ
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Monch Watch Company Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,101 
824 
Current assets
Inventories
6,980 
6,550 
Debtors
1,615 
- 
Cash at bank and in hand
9,530 
12,113 
18,125 
18,663 
Creditors: amounts falling due within one year
(16,458)
(15,554)
Net current assets
1,667 
3,109 
Net assets
3,768 
3,933 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,766 
3,931 
Shareholders' funds
3,768 
3,933 
For the year ending 31 January 2025 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 3 March 2025 and were signed on its behalf by
Alastair Watts Director Company Registration No. 14587341
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Monch Watch Company Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Monch Watch Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 14587341. The registered office is International House, 10 Beaufort Court, Admirals Way , London, E14 9XL, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
25% Reducing Balance Method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
- 
1,099 
1,099 
Additions
183 
1,794 
1,977 
Disposals
- 
(183)
(183)
At 31 January 2025
183 
2,710 
2,893 
Depreciation
At 1 February 2024
- 
275 
275 
Charge for the year
52 
511 
563 
On disposals
- 
(46)
(46)
At 31 January 2025
52 
740 
792 
Net book value
At 31 January 2025
131 
1,970 
2,101 
At 31 January 2024
- 
824 
824 
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Monch Watch Company Ltd Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
1,615 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
810 
Taxes and social security
8,256 
2,232 
Other creditors
7,509 
3,358 
Loans from directors
43 
8,504 
Accruals
650 
650 
16,458 
15,554 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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