Registered number
04463224
Monarch Coin Laundry Limited
Filleted Accounts
30 June 2024
Monarch Coin Laundry Limited
Registered number: 04463224
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 251
Current assets
Debtors 4 1,605 1,045
Cash at bank and in hand 8,497 11,361
10,102 12,406
Creditors: amounts falling due within one year 5 (4,756) (4,980)
Net current assets 5,346 7,426
Net assets 5,346 7,677
Capital and reserves
Called up share capital 1 1
Profit and loss account 5,345 7,676
Shareholder's funds 5,346 7,677
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L A Murray - Litherland
Director
Approved by the board on 19 March 2025
Monarch Coin Laundry Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Debtors
Short term debtors are measured at transaction price.
Creditors
Short term creditors are measured at transaction price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 34,551
At 30 June 2024 34,551
Depreciation
At 1 July 2023 34,300
Charge for the year 251
At 30 June 2024 34,551
Net book value
At 30 June 2024 -
At 30 June 2023 251
4 Debtors 2024 2023
£ £
Trade debtors 1,605 1,045
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,444 2,122
Taxation and social security costs 1,271 1,632
Other creditors 41 1,226
4,756 4,980
6 Other information
Monarch Coin Laundry Limited is a private company limited by shares and incorporated in England. Its registered office is:
8 Shirehall Place
Heath Hayes
Cannock
WS11 7YD
Monarch Coin Laundry Limited 04463224 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 L A Murray - Litherland No description of principal activity 04463224 2022-07-01 2023-06-30 04463224 core:WithinOneYear 2023-06-30 04463224 core:ShareCapital 2023-06-30 04463224 core:RetainedEarningsAccumulatedLosses 2023-06-30 04463224 2023-07-01 2024-06-30 04463224 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04463224 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04463224 bus:Director40 2023-07-01 2024-06-30 04463224 1 2023-07-01 2024-06-30 04463224 2 2023-07-01 2024-06-30 04463224 core:PlantMachinery 2023-07-01 2024-06-30 04463224 countries:England 2023-07-01 2024-06-30 04463224 bus:FRS102 2023-07-01 2024-06-30 04463224 bus:FilletedAccounts 2023-07-01 2024-06-30 04463224 2024-06-30 04463224 core:WithinOneYear 2024-06-30 04463224 core:ShareCapital 2024-06-30 04463224 core:RetainedEarningsAccumulatedLosses 2024-06-30 04463224 core:PlantMachinery 2024-06-30 04463224 2023-06-30 04463224 core:PlantMachinery 2023-06-30 iso4217:GBP xbrli:pure