Company Registration No. 14368333 (England and Wales)
Monahan Roofing Ltd
Unaudited accounts
for the year ended 30 September 2024
Monahan Roofing Ltd
Unaudited accounts
Contents
Monahan Roofing Ltd
Company Information
for the year ended 30 September 2024
Company Number
14368333 (England and Wales)
Registered Office
C/O 365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
Monahan Roofing Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
7,912
9,349
Cash at bank and in hand
37
2,298
Creditors: amounts falling due within one year
(12,353)
(4,745)
Net current liabilities
(7,554)
(2,447)
Total assets less current liabilities
358
6,902
Creditors: amounts falling due after more than one year
(356)
-
Called up share capital
1
1
Profit and loss account
1
6,901
Shareholders' funds
2
6,902
For the year ending 30 September 2024 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 2 May 2025 and were signed on its behalf by
Fraser Monahan
Director
Company Registration No. 14368333
Monahan Roofing Ltd
Notes to the Accounts
for the year ended 30 September 2024
Monahan Roofing Ltd is a private company, limited by shares, registered in England and Wales, registration number 14368333. The registered office is C/O 365 Accounts Ltd, 44 Brookwood Road, Southampton, Hampshire, SO16 9AJ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates. 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 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:
Plant & machinery
25% Reducing Balance Method
Motor vehicles
25% Reducing Balance Method
Computer equipment
33.33% Reducing Balance Method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
2,550
9,650
300
12,500
At 30 September 2024
3,550
9,650
300
13,500
At 1 October 2023
638
2,413
100
3,151
Charge for the year
561
1,809
67
2,437
At 30 September 2024
1,199
4,222
167
5,588
At 30 September 2024
2,351
5,428
133
7,912
At 30 September 2023
1,912
7,237
200
9,349
Monahan Roofing Ltd
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
403
-
Taxes and social security
10,685
4,070
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
356
-
During the year the company maintained a loan account with its director Mr. Fraser Monahan. At the year end date the
company owed the director an amount of £11 (2023 - £0).
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).