Acorah Software Products - Accounts Production 16.3.350 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 01280943 Mr Timothy Barnett Monkbury Holdings Limited Bramblewood Cottage, Pains Hill, Oxted, Surrey RH8 0RG true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01280943 2023-08-31 01280943 2024-08-31 01280943 2023-09-01 2024-08-31 01280943 frs-core:CurrentFinancialInstruments 2024-08-31 01280943 frs-core:PlantMachinery 2024-08-31 01280943 frs-core:PlantMachinery 2023-09-01 2024-08-31 01280943 frs-core:PlantMachinery 2023-08-31 01280943 frs-core:SharePremium 2024-08-31 01280943 frs-core:ShareCapital 2024-08-31 01280943 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 01280943 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 01280943 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 01280943 frs-bus:SmallEntities 2023-09-01 2024-08-31 01280943 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 01280943 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 01280943 1 2023-09-01 2024-08-31 01280943 frs-bus:Director1 2023-09-01 2024-08-31 01280943 frs-countries:EnglandWales 2023-09-01 2024-08-31 01280943 2022-08-31 01280943 2023-08-31 01280943 2022-09-01 2023-08-31 01280943 frs-core:CurrentFinancialInstruments 2023-08-31 01280943 frs-core:SharePremium 2023-08-31 01280943 frs-core:ShareCapital 2023-08-31 01280943 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 01280943
Monkbury Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Perspectives
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 01280943
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 10,409 10,409
Debtors 6 217,606 217,593
228,015 228,002
Creditors: Amounts Falling Due Within One Year 7 (66,824 ) (66,798 )
NET CURRENT ASSETS (LIABILITIES) 161,191 161,204
TOTAL ASSETS LESS CURRENT LIABILITIES 161,191 161,204
NET ASSETS 161,191 161,204
CAPITAL AND RESERVES
Called up share capital 8 59,850 59,850
Share premium account 471,250 471,250
Profit and Loss Account (369,909 ) (369,896 )
SHAREHOLDERS' FUNDS 161,191 161,204
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 20 May 2025 and were signed on its behalf by:
Mr Timothy Barnett
Director
20 May 2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Monkbury Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01280943 . The registered office is 38 Carlton Avenue, London, SE21 7DG. The company's principal activity is that of housebuilders and developers.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The financial statements to 31 August 2024 showed shareholders funds amounting to £161,191. However, included in debtors is an amount of £217,606 owed by the holding company, Monkbury Holdings Limited. The holding company's only asset is its investment in Monkbury Limited and as such it does not have sufficient resources at 31 August 2024 to settle its liability to the company. The director, Mr TJ Barnett, to whom an amount of £66,824 is owed by the company, has pledged her continuing financial support to the company by not calling for settlement of amounts owed to her until such time as the company has sufficient working capital.
The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 September 2023 3,143
As at 31 August 2024 3,143
Depreciation
As at 1 September 2023 3,143
As at 31 August 2024 3,143
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
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5. Stocks
2024 2023
£ £
Work in progress 10,409 10,409
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 217,606 217,593
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Director's loan account 66,824 66,798
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 59,850 59,850
9. Related Party Transactions
Exemption is taken under FRS102 paragraph 1AC.34 not to disclose transactions with undertakings wholly owned within the group.
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Monkbury Holdings Limited . Monkbury Holdings Limited was incorporated in England and Wales. The ultimate controlling party is Monkbury Holdings Limited who controls 100% of the shares of Monkbury Limited .
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