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Company Registration No. 13185119 (England and Wales)
Monisola Ltd Unaudited accounts for the year ended 28 February 2025
Monisola Ltd Unaudited accounts Contents
Page
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Monisola Ltd Company Information for the year ended 28 February 2025
Director
AJUMOBI, Monisola
Company Number
13185119 (England and Wales)
Registered Office
71-75 Shelton Street London WC2H 9JQ England
Accountants
Ease Accounting Associates UK Limited Chartered Accountants Base Point Dartford Business Park 54 Victoria Road DARTFORD Kent DA1 5FS
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Monisola Ltd for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Monisola Ltd for the year ended 28 February 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Monisola Ltd, as a body, in accordance with the terms of our engagement letter dated 26 April 2024. Our work has been undertaken solely to prepare for your approval the accounts of Monisola Ltd and state those matters that we have agreed to state to the Board of Directors of Monisola Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Monisola Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Monisola Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Monisola Ltd. You consider that Monisola Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Monisola Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ease Accounting Associates UK Limited Chartered Accountants Chartered Accountants Base Point Dartford Business Park 54 Victoria Road DARTFORD Kent DA1 5FS 23 May 2025
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Monisola Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
9,744 
32,293 
Cash at bank and in hand
99,293 
85,587 
109,037 
117,880 
Creditors: amounts falling due within one year
(19,416)
(5,923)
Net current assets
89,621 
111,957 
Net assets
89,621 
111,957 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
89,521 
111,857 
Shareholders' funds
89,621 
111,957 
For the year ending 28 February 2025 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 her 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 23 May 2025 and were signed on its behalf by
AJUMOBI, Monisola Director Company Registration No. 13185119
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Monisola Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Monisola Ltd is a private company, limited by shares, registered in England and Wales, registration number 13185119. The registered office and principal place of business is 71-75 Shelton Street, London, WC2H 9JQ, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,744 
32,293 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
4,545 
(12,459)
Taxes and social security
6,394 
6,174 
Loans from directors
7,952 
12,208 
Accruals
525 
- 
19,416 
5,923 
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Monisola Ltd Notes to the Accounts for the year ended 28 February 2025
6
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 0 (2024: 1).
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