Registered Number:06519720 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Monto Utilities Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Monto Utilities Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
158,116
113,399
3
158,116
113,399
Trade and other receivables |
50,249
139,273
4
458,280
Cash and cash equivalents |
479,135
618,408
508,529
Trade and other payables: amounts falling due within one year |
(197,071)
(230,790)
5
311,458
387,618
Net current assets
Total assets less current liabilities |
545,734
424,857
Trade and other payables: amounts falling due after more than one |
year |
(93,308)
(86,090)
6
(39,529)
(21,546)
Provisions for liabilities |
420,115
Net assets
310,003
2
2
420,113
310,001
420,115
310,003
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each |
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and |
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable |
to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 10 March 2025 and were signed by: |
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For the year ended 30 April 2024
Monto Utilities Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 30 April 2024
Monto Utilities Limited
Notes to the Financial Statements
Statutory Information
Monto Utilities Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
06519720. |
18a Rother Court
Mangham Road
Parkgate
Rotherham
S62 6DR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 30 April 2024
Monto Utilities Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
17,000
17,000
17,000
17,000
-
-
3. Property, plant and equipment |
218,389
4,205
214,184
90,805
-
90,805
-
(35,000)
(35,000)
269,989
4,205
274,194
Provision for depreciation and impairment |
104,990
3,697
101,293
Charge for year
28,010
168
27,842
(16,922)
-
(16,922)
116,078
3,865
112,213
157,776
340
158,116
112,891
508
113,399
4. Trade and other receivables |
2023
2024
75,465
18,641
63,808
31,608
50,249
139,273
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For the year ended 30 April 2024
Monto Utilities Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
29,127
39,478
83,082
25,636
Taxation and social security |
70,120
86,562
48,461
45,395
230,790
197,071
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
25,454
54,611
60,636
38,697
86,090
93,308
7. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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