Company No:
Contents
DIRECTOR | C J Claydon (Appointed 27 June 2023) |
REGISTERED OFFICE | Lytchett House 13 Freeland Park |
Wareham Road | |
Poole | |
Dorset | |
BH16 6FA | |
United Kingdom |
COMPANY NUMBER | 14964912 (England and Wales) |
ACCOUNTANT | Shaw Gibbs Limited |
Wey Court West | |
Union Road | |
Farnham | |
Surrey | |
GU9 7PT |
Note | 30.06.2024 | |
£ | ||
Fixed assets | ||
Intangible assets | 3 |
|
400 | ||
Current assets | ||
Stocks | 4 |
|
Debtors | 5 |
|
Cash at bank and in hand |
|
|
8,643 | ||
Creditors: amounts falling due within one year | 6 | (
|
Net current liabilities | (2,305) | |
Total assets less current liabilities | (1,905) | |
Net liabilities | (
|
|
Capital and reserves | ||
Called-up share capital |
|
|
Profit and loss account | (
|
|
Total shareholder's deficit | (
|
Director's responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Montford Watch Company Ltd (registered number:
C J Claydon
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
Montford Watch Company Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lytchett House 13 Freeland Park, Wareham Road, Poole, Dorset, BH16 6FA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Trademarks, patents and licences |
|
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Period from 27.06.2023 to 30.06.2024 |
|
Number | |
Monthly average number of persons employed by the Company during the period, including the director |
|
Trademarks, patents and licences |
Total | ||
£ | £ | ||
Cost | |||
At 27 June 2023 |
|
|
|
Additions |
|
|
|
At 30 June 2024 |
|
|
|
Accumulated amortisation | |||
At 27 June 2023 |
|
|
|
Charge for the financial period |
|
|
|
At 30 June 2024 |
|
|
|
Net book value | |||
At 30 June 2024 |
|
|
30.06.2024 | |
£ | |
Stocks |
|
30.06.2024 | |
£ | |
Prepayments |
|
30.06.2024 | |
£ | |
Accruals |
|
Other creditors |
|
|