Registered number
11843000
Monarch Builders Limited
Filleted Accounts
28 February 2025
Monarch Builders Limited
Registered number: 11843000
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 16,580 -
Current assets
Debtors 4 18,540 29,162
Cash at bank and in hand 18,189 15,123
36,729 44,285
Creditors: amounts falling due within one year 5 (41,663) (24,579)
Net current (liabilities)/assets (4,934) 19,706
Net assets 11,646 19,706
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,546 19,606
Shareholder's funds 11,646 19,706
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 his 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.
C L Burton
Director
Approved by the board on 31 March 2025
Monarch Builders Limited
Notes to the Accounts
for the year ended 28 February 2025
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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, other than freehold land, 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 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery Motor vehicles Total
£ £ £
Cost
At 1 March 2024 11,205 2,800 14,005
Additions 22,104 - 22,104
At 28 February 2025 33,309 2,800 36,109
Depreciation
At 1 March 2024 11,205 2,800 14,005
Charge for the year 5,524 - 5,524
At 28 February 2025 16,729 2,800 19,529
Net book value
At 28 February 2025 16,580 - 16,580
4 Debtors 2025 2024
£ £
Trade debtors 9,540 2,162
Directors loan account 9,000 27,000
18,540 29,162
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 17,708 9,333
Taxation and social security costs 22,705 13,996
Other creditors 1,250 1,250
41,663 24,579
6 Controlling party
The company is controlled by the director.
7 Other information
Monarch Builders Limited is a private company limited by shares and incorporated in England. Its registered office is:
Bumble Cottage
Teddington
Tewkesbury
Glos
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