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REGISTERED NUMBER: 05405173 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

MONARCH HOSE AND HYDRAULICS LIMITED

MONARCH HOSE AND HYDRAULICS LIMITED (REGISTERED NUMBER: 05405173)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MONARCH HOSE AND HYDRAULICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mr C Demczak





SECRETARY: Bronsens Payroll Services Ltd





REGISTERED OFFICE: Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL





REGISTERED NUMBER: 05405173 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

MONARCH HOSE AND HYDRAULICS LIMITED (REGISTERED NUMBER: 05405173)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 19,253 25,537
19,253 25,537

CURRENT ASSETS
Stocks 69,804 72,679
Debtors 6 45,588 47,054
Cash at bank 28,223 170,977
143,615 290,710
CREDITORS
Amounts falling due within one year 7 41,094 60,880
NET CURRENT ASSETS 102,521 229,830
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,774

255,367

PROVISIONS FOR LIABILITIES 8 3,598 4,955
NET ASSETS 118,176 250,412

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 118,174 250,410
SHAREHOLDERS' FUNDS 118,176 250,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

MONARCH HOSE AND HYDRAULICS LIMITED (REGISTERED NUMBER: 05405173)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 March 2025 and were signed by:





Mr C Demczak - Director


MONARCH HOSE AND HYDRAULICS LIMITED (REGISTERED NUMBER: 05405173)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Monarch Hose and Hydraulics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

MONARCH HOSE AND HYDRAULICS LIMITED (REGISTERED NUMBER: 05405173)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments
Investments held as fixed assets are initially included at cost and an impairment review is carried out annually.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 53,999
AMORTISATION
At 1 July 2023
and 30 June 2024 53,999
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 74,649 8,029 40,599 13,417 136,694
Additions - - - 1,701 1,701
At 30 June 2024 74,649 8,029 40,599 15,118 138,395
DEPRECIATION
At 1 July 2023 65,382 7,332 28,638 9,805 111,157
Charge for year 2,317 174 2,990 2,504 7,985
At 30 June 2024 67,699 7,506 31,628 12,309 119,142
NET BOOK VALUE
At 30 June 2024 6,950 523 8,971 2,809 19,253
At 30 June 2023 9,267 697 11,961 3,612 25,537

MONARCH HOSE AND HYDRAULICS LIMITED (REGISTERED NUMBER: 05405173)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 45,249 46,574
Prepayments 339 480
45,588 47,054

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 13,994 21,509
Tax 9,900 16,290
Social security and other taxes 791 749
Netwages 3,187 -
Pension Payable 197 -
VAT 10,684 11,952
Directors' current accounts 241 8,280
Accrued expenses 2,100 2,100
41,094 60,880

8. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax
Accelerated capital allowances 3,598 4,955

Deferred
tax
£   
Balance at 1 July 2023 4,955
Utilised during year (1,357 )
Balance at 30 June 2024 3,598

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary £1 2 2

10. ULTIMATE CONTROLLING PARTY

The company was under the control of Mr C Demczak throughout the current period.