Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312025-05-01No description of principal activity2023-08-019false9falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06659043 2023-08-01 2024-10-31 06659043 2022-08-01 2023-07-31 06659043 2024-10-31 06659043 2023-07-31 06659043 c:Director2 2023-08-01 2024-10-31 06659043 d:MotorVehicles 2023-08-01 2024-10-31 06659043 d:MotorVehicles 2024-10-31 06659043 d:MotorVehicles 2023-07-31 06659043 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-08-01 2024-10-31 06659043 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-08-01 2024-10-31 06659043 d:FurnitureFittings 2023-08-01 2024-10-31 06659043 d:FurnitureFittings 2024-10-31 06659043 d:FurnitureFittings 2023-07-31 06659043 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-10-31 06659043 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-08-01 2024-10-31 06659043 d:OwnedOrFreeholdAssets 2023-08-01 2024-10-31 06659043 d:LeasedAssetsHeldAsLessee 2023-08-01 2024-10-31 06659043 d:CurrentFinancialInstruments 2024-10-31 06659043 d:CurrentFinancialInstruments 2023-07-31 06659043 d:Non-currentFinancialInstruments 2024-10-31 06659043 d:Non-currentFinancialInstruments 2023-07-31 06659043 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 06659043 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 06659043 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 06659043 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 06659043 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-10-31 06659043 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-07-31 06659043 d:ShareCapital 2024-10-31 06659043 d:ShareCapital 2023-07-31 06659043 d:RetainedEarningsAccumulatedLosses 2024-10-31 06659043 d:RetainedEarningsAccumulatedLosses 2023-07-31 06659043 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 06659043 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 06659043 c:FRS102 2023-08-01 2024-10-31 06659043 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-10-31 06659043 c:FullAccounts 2023-08-01 2024-10-31 06659043 c:PrivateLimitedCompanyLtd 2023-08-01 2024-10-31 06659043 2 2023-08-01 2024-10-31 06659043 e:PoundSterling 2023-08-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 06659043










MONKMOOR BATHROOMS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2024

 
MONKMOOR BATHROOMS LIMITED
REGISTERED NUMBER: 06659043

BALANCE SHEET
AS AT 31 OCTOBER 2024

31 October
31 July
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
30,684
59,365

  
30,684
59,365

Current assets
  

Stocks
 5 
55,501
64,448

Debtors: amounts falling due within one year
 6 
205,110
110,605

Cash at bank and in hand
 7 
240,330
306,943

  
500,941
481,996

Creditors: amounts falling due within one year
 8 
(257,889)
(249,207)

Net current assets
  
 
 
243,052
 
 
232,789

Total assets less current liabilities
  
273,736
292,154

Creditors: amounts falling due after more than one year
 9 
(8,334)
(20,833)

Provisions for liabilities
  

Deferred tax
 11 
(5,830)
(14,841)

  
 
 
(5,830)
 
 
(14,841)

Net assets
  
259,572
256,480


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
259,562
256,470

  
259,572
256,480


Page 1

 
MONKMOOR BATHROOMS LIMITED
REGISTERED NUMBER: 06659043
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Paul Davies
Director

Date: 1 May 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
MONKMOOR BATHROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.


General information

Monkmoor Bathrooms Limited, 06659043, is a private limited company, incorporated in England and Wales, with a registered office address at 22 Vanguard Way Battlefield Enterprise Park, Shrewsbury, Shropshire, United Kingdom, SY1 3TG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
MONKMOOR BATHROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 4

 
MONKMOOR BATHROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Fixtures and fittings
-
15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
MONKMOOR BATHROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


      31 October
         31 July
        2024
        2023
            No.
            No.







Average Employees
9
9

Page 6

 
MONKMOOR BATHROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

4.


Tangible fixed assets







Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 August 2023
69,018
25,448
94,466


Additions
-
8,766
8,766


Disposals
(34,650)
-
(34,650)



At 31 October 2024

34,368
34,214
68,582



Depreciation


At 1 August 2023
19,041
16,060
35,101


Charge for the period on owned assets
5,456
3,837
9,293


Charge for the period on financed assets
(6,496)
-
(6,496)



At 31 October 2024

18,001
19,897
37,898



Net book value



At 31 October 2024
16,367
14,317
30,684



At 31 July 2023
49,977
9,388
59,365


5.


Stocks

31 October
31 July
2024
2023
£
£

Raw materials and consumables
55,501
64,448

55,501
64,448


Page 7

 
MONKMOOR BATHROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

6.


Debtors

31 October
31 July
2024
2023
£
£


Trade debtors
86,349
99,158

Other debtors
118,761
11,447

205,110
110,605



7.


Cash and cash equivalents

31 October
31 July
2024
2023
£
£

Cash at bank and in hand
240,330
306,943

240,330
306,943



8.


Creditors: Amounts falling due within one year

31 October
31 July
2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
103,972
130,618

Corporation tax
70,440
50,968

Other taxation and social security
30,743
15,985

Other creditors
36,780
34,838

Accruals and deferred income
5,954
6,798

257,889
249,207


Page 8

 
MONKMOOR BATHROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

9.


Creditors: Amounts falling due after more than one year

31 October
31 July
2024
2023
£
£

Bank loans
8,334
20,833

8,334
20,833



10.


Loans


Analysis of the maturity of loans is given below:


31 October
31 July
2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
8,334
20,833


8,334
20,833



18,334
30,833


Page 9

 
MONKMOOR BATHROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

11.


Deferred taxation






2024


£






At beginning of year
(14,841)


Charged to profit or loss
9,011



At end of year
(5,830)

The provision for deferred taxation is made up as follows:

31 October
31 July
2024
2023
£
£


Accelerated capital allowances
(5,830)
(14,841)

(5,830)
(14,841)

 
Page 10