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Company Registration No. 12842389 (England and Wales)
Montiglobal Lettings Limited Unaudited accounts for the year ended 31 August 2024
Montiglobal Lettings Limited Unaudited accounts Contents
Page
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Montiglobal Lettings Limited Company Information for the year ended 31 August 2024
Director
S Drew
Company Number
12842389 (England and Wales)
Registered Office
Portland House Belmont Business Park Durham County Durham DH1 1TW United Kingdom
Accountants
Abacus Jack Ltd New Century House Crowther Road Washington Tyne and Wear NE38 0QA
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Montiglobal Lettings Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
158,611 
158,611 
Current assets
Debtors
589 
413 
Cash at bank and in hand
1,284 
1,333 
1,873 
1,746 
Creditors: amounts falling due within one year
(55,781)
(48,128)
Net current liabilities
(53,908)
(46,382)
Total assets less current liabilities
104,703 
112,229 
Creditors: amounts falling due after more than one year
(102,822)
(109,390)
Net assets
1,881 
2,839 
Capital and reserves
Profit and loss account
1,881 
2,839 
Shareholders' funds
1,881 
2,839 
For the year ending 31 August 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 5 May 2025 and were signed on its behalf by
S Drew Director Company Registration No. 12842389
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Montiglobal Lettings Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Montiglobal Lettings Limited is a private company, limited by shares, registered in England and Wales, registration number 12842389. The registered office is Portland House, Belmont Business Park, Durham, County Durham, DH1 1TW, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
33.3% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
416 
At 31 August 2024
416 
Depreciation
At 1 September 2023
416 
At 31 August 2024
416 
Net book value
At 31 August 2024
- 
5
Investment property
2024 
£ 
Fair value at 1 September 2023
158,611 
At 31 August 2024
158,611 
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Montiglobal Lettings Limited Notes to the Accounts for the year ended 31 August 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
589 
413 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
665 
Loans from directors
53,281 
47,463 
Accruals
2,500 
- 
55,781 
48,128 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
102,822 
109,390 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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