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REGISTERED NUMBER: 12837822 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

MONTGOMERY SERVICES LIMITED

MONTGOMERY SERVICES LIMITED (REGISTERED NUMBER: 12837822)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MONTGOMERY SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 AUGUST 2024







DIRECTORS: J A Montgomery
A R J Montgomery





REGISTERED OFFICE: 260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL





REGISTERED NUMBER: 12837822 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

MONTGOMERY SERVICES LIMITED (REGISTERED NUMBER: 12837822)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 5 215,433 204,395
Investment property 6 295,000 265,000
510,433 469,395

CURRENT ASSETS
Cash at bank 17,812 32,999

CREDITORS
Amounts falling due within one year 7 506,279 445,584
NET CURRENT LIABILITIES (488,467 ) (412,585 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,966

56,810

PROVISIONS FOR LIABILITIES 8 2,393 8,233
NET ASSETS 19,573 48,577

CAPITAL AND RESERVES
Called up share capital 9 100 100
Non-distributable reserve 10 10,203 35,098
Retained earnings 10 9,270 13,379
SHAREHOLDERS' FUNDS 19,573 48,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MONTGOMERY SERVICES LIMITED (REGISTERED NUMBER: 12837822)

BALANCE SHEET - continued
31 AUGUST 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:





A R J Montgomery - Director


MONTGOMERY SERVICES LIMITED (REGISTERED NUMBER: 12837822)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2024

1. STATUTORY INFORMATION

Montgomery Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost basis except for the modifications to a fair value basis for investments and investment property as specified in the accounting policies below.

Turnover
Turnover represents rent received and investment income received or receivable on an accruals basis, including profit (or loss) of equity instruments recognised on disposal.

Investment property
Investment properties are held for their investment potential and not for use by the company and so carried at fair value. The surplus or deficit arising from the annual revaluation is recognised in the income statement.

Investments
Investments compromise of investments in quoted equity instruments which are measured at fair value. Changes in fair value are recognised in the income statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MONTGOMERY SERVICES LIMITED (REGISTERED NUMBER: 12837822)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 September 2023 204,395
Additions 20,212
Disposals (24,466 )
Revaluations 15,292
At 31 August 2024 215,433
NET BOOK VALUE
At 31 August 2024 215,433
At 31 August 2023 204,395

Cost or valuation at 31 August 2024 is represented by:

Other
investments
£   
Valuation in 2024 215,433

The fixed asset listed investments are revalued to the market price on 31st August 2024.

2024
£
Historical cost 210,450

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 265,000
Additions 79,227
Fair value adjustment (49,227 )
At 31 August 2024 295,000
NET BOOK VALUE
At 31 August 2024 295,000
At 31 August 2023 265,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 295,000

MONTGOMERY SERVICES LIMITED (REGISTERED NUMBER: 12837822)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

6. INVESTMENT PROPERTY - continued

If the Investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 287,387 208,160

Investment property was valued on an open market basis on 31 August 2024 by the Director. .

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax - 936
Director's current account 499,534 438,188
Accruals and deferred income 6,745 6,460
506,279 445,584

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 2,393 8,233

Deferred
tax
£   
Balance at 1 September 2023 8,233
On fair value adjustment (5,840 )
Balance at 31 August 2024 2,393

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained Non-distributable
earnings reserve Totals
£    £    £   

At 1 September 2023 13,379 35,098 48,477
Deficit for the year (29,004 ) (29,004 )
Transfer between reserves 24,895 (24,895 ) -
At 31 August 2024 9,270 10,203 19,473