1 March 2024 false No description of principal activity Taxfiler 2024.6 SC316794business:PrivateLimitedCompanyLtd2024-03-012025-02-28 SC3167942024-02-29 SC3167942024-03-012025-02-28 SC316794business:AuditExempt-NoAccountantsReport2024-03-012025-02-28 SC316794business:FilletedAccounts2024-03-012025-02-28 SC3167942025-02-28 SC316794business:Director12024-03-012025-02-28 SC316794business:RegisteredOffice2024-03-012025-02-28 SC3167942024-02-29 SC316794core:WithinOneYear2025-02-28 SC316794core:WithinOneYear2024-02-29 SC316794core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 SC316794core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC316794core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 SC316794core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC316794core:PreviouslyStatedAmount2025-02-28 SC316794core:PreviouslyStatedAmount2024-02-29 SC316794business:SmallEntities2024-03-012025-02-28 SC316794countries:Scotland2024-03-012025-02-28 SC316794core:LandBuildings2024-03-012025-02-28 SC316794core:PlantMachinery2024-03-012025-02-28 SC316794core:MotorVehicles2024-03-012025-02-28 SC316794core:FurnitureFittings2024-03-012025-02-28 SC316794core:ComputerEquipment2024-03-012025-02-28 SC316794core:LandBuildings2024-02-29 SC316794core:PlantMachinery2024-02-29 SC316794core:MotorVehicles2024-02-29 SC316794core:FurnitureFittings2024-02-29 SC316794core:ComputerEquipment2024-02-29 SC316794core:LandBuildings2025-02-28 SC316794core:PlantMachinery2025-02-28 SC316794core:MotorVehicles2025-02-28 SC316794core:FurnitureFittings2025-02-28 SC316794core:ComputerEquipment2025-02-28 SC316794core:AdditionsToInvestments2025-02-28 SC3167942023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. SC316794 (Scotland)
Monarch Engineering Solutions Limited Unaudited accounts for the year ended 28 February 2025
Monarch Engineering Solutions Limited Unaudited accounts Contents
Page
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Monarch Engineering Solutions Limited Company Information for the year ended 28 February 2025
Director
Ewan Andrew Harrison
Company Number
SC316794 (Scotland)
Registered Office
THE SOUTERS SHOP : THE SQUARE MONYMUSK INVERURIE ABERDEENSHIRE AB51 7HJ
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Monarch Engineering Solutions Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
994,135 
961,288 
Investments
4,432 
4,117 
998,567 
965,405 
Current assets
Debtors
20,115 
2,765 
Cash at bank and in hand
53,105 
21,276 
73,220 
24,041 
Creditors: amounts falling due within one year
(51,737)
(27,322)
Net current assets/(liabilities)
21,483 
(3,281)
Total assets less current liabilities
1,020,050 
962,124 
Provisions for liabilities
Deferred tax
(30,307)
(35,682)
Net assets
989,743 
926,442 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
989,723 
926,422 
Shareholders' funds
989,743 
926,442 
For the year ending 28 February 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 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 March 2025 and were signed on its behalf by
Ewan Andrew Harrison Director Company Registration No. SC316794
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Monarch Engineering Solutions Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Monarch Engineering Solutions Limited is a private company, limited by shares, registered in Scotland, registration number SC316794. The registered office is THE SOUTERS SHOP : THE SQUARE, MONYMUSK, INVERURIE, ABERDEENSHIRE, AB51 7HJ.
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.
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:
Land & buildings
(Property Improvements)10% on Reducing Balance
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Monarch Engineering Solutions Limited Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 March 2024
841,813 
330,155 
26,137 
9,231 
1,681 
1,209,017 
Additions
36,480 
40,360 
- 
375 
- 
77,215 
At 28 February 2025
878,293 
370,515 
26,137 
9,606 
1,681 
1,286,232 
Depreciation
At 1 March 2024
15,738 
200,680 
22,157 
8,326 
828 
247,729 
Charge for the year
381 
42,459 
995 
320 
213 
44,368 
At 28 February 2025
16,119 
243,139 
23,152 
8,646 
1,041 
292,097 
Net book value
At 28 February 2025
862,174 
127,376 
2,985 
960 
640 
994,135 
At 29 February 2024
826,075 
129,475 
3,980 
905 
853 
961,288 
5
Investments
Other investments 
£ 
Valuation at 1 March 2024
4,117 
Additions
315 
Valuation at 28 February 2025
4,432 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,983 
Trade debtors
20,115 
782 
20,115 
2,765 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
11,207 
- 
Trade creditors
1,449 
330 
Taxes and social security
26,732 
15,430 
Other creditors
2,328 
3,572 
Loans from directors
9,363 
7,334 
Accruals
658 
656 
51,737 
27,322 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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