20 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 44,782 4,244 49,026 49,026 44,782 xbrli:pure xbrli:shares iso4217:GBP 08228671 2024-04-01 2025-03-31 08228671 2025-03-31 08228671 2024-03-31 08228671 2023-04-01 2024-03-31 08228671 2024-03-31 08228671 2023-03-31 08228671 core:MotorVehicles 2024-04-01 2025-03-31 08228671 bus:Director2 2024-04-01 2025-03-31 08228671 bus:Director1 2024-04-01 2025-03-31 08228671 core:PlantMachinery 2024-03-31 08228671 core:PlantMachinery 2025-03-31 08228671 core:MotorVehicles 2025-03-31 08228671 core:PlantMachinery 2024-04-01 2025-03-31 08228671 core:WithinOneYear 2025-03-31 08228671 core:WithinOneYear 2024-03-31 08228671 core:AfterOneYear 2025-03-31 08228671 core:AfterOneYear 2024-03-31 08228671 core:ShareCapital 2025-03-31 08228671 core:ShareCapital 2024-03-31 08228671 core:OtherReservesSubtotal 2025-03-31 08228671 core:OtherReservesSubtotal 2024-03-31 08228671 core:RetainedEarningsAccumulatedLosses 2025-03-31 08228671 core:RetainedEarningsAccumulatedLosses 2024-03-31 08228671 core:BetweenOneFiveYears 2025-03-31 08228671 core:BetweenOneFiveYears 2024-03-31 08228671 core:PlantMachinery 2024-03-31 08228671 bus:Director1 2024-03-31 08228671 bus:Director1 2025-03-31 08228671 bus:Director2 2024-03-31 08228671 bus:Director2 2025-03-31 08228671 bus:Director1 2023-03-31 08228671 bus:Director1 2024-03-31 08228671 bus:Director2 2023-03-31 08228671 bus:Director2 2024-03-31 08228671 bus:Director1 2023-04-01 2024-03-31 08228671 bus:Director2 2023-04-01 2024-03-31 08228671 bus:SmallEntities 2024-04-01 2025-03-31 08228671 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 08228671 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08228671 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08228671 bus:FullAccounts 2024-04-01 2025-03-31 08228671 core:ComputerEquipment 2024-04-01 2025-03-31 08228671 core:IntangibleAssetsOtherThanGoodwill 2024-03-31 08228671 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 08228671 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 08228671 core:ComputerEquipment 2024-03-31 08228671 core:ComputerEquipment 2025-03-31
COMPANY REGISTRATION NUMBER: 08228671
MONKEY TREE HOSTING LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2025
MONKEY TREE HOSTING LTD
STATEMENT OF FINANCIAL POSITION
31 March 2025
2025
2024
Note
£
£
£
£
FIXED ASSETS
Intangible assets
5
49,026
44,782
Tangible assets
6
248,923
152,662
---------
---------
297,949
197,444
CURRENT ASSETS
Stocks
312,910
117,500
Debtors
7
298,314
150,823
Cash at bank and in hand
17,210
11,377
---------
---------
628,434
279,700
CREDITORS: amounts falling due within one year
8
781,185
434,276
---------
---------
NET CURRENT LIABILITIES
152,751
154,576
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
145,198
42,868
CREDITORS: amounts falling due after more than one year
9
80,993
57,371
---------
--------
NET ASSETS/(LIABILITIES)
64,205
( 14,503)
---------
--------
CAPITAL AND RESERVES
Called up share capital fully paid
2,000
2,000
Non distributable reserve
43,793
43,793
Profit and loss account
18,412
( 60,296)
--------
--------
SHAREHOLDERS FUNDS/(DEFICIT)
64,205
( 14,503)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
MONKEY TREE HOSTING LTD
STATEMENT OF FINANCIAL POSITION (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 25 June 2025 , and are signed on behalf of the board by:
Mr D C Curtis
Director
Company registration number: 08228671
MONKEY TREE HOSTING LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Kitteon House, Kettering Parkway, Kettering Venture Park, Kettering, Northamptonshire, NN15 6XW.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis and are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
5% and 15% reducing balance
Motor vehicles
-
25% reducing balance
Equipment
-
15% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 20 (2024: 19 ).
5. INTANGIBLE ASSETS
IP Addresses
£
Cost
At 1 April 2024
44,782
Additions
4,244
--------
At 31 March 2025
49,026
--------
Amortisation
At 1 April 2024 and 31 March 2025
--------
Carrying amount
At 31 March 2025
49,026
--------
At 31 March 2024
44,782
--------
6. TANGIBLE ASSETS
Plant and machinery
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1 April 2024
324,277
54,418
378,695
Additions
24,860
23,146
55,413
103,419
---------
--------
---------
---------
At 31 March 2025
349,137
23,146
109,831
482,114
---------
--------
---------
---------
Depreciation
At 1 April 2024
207,751
18,282
226,033
Charge for the year
( 6,687)
482
13,363
7,158
---------
--------
---------
---------
At 31 March 2025
201,064
482
31,645
233,191
---------
--------
---------
---------
Carrying amount
At 31 March 2025
148,073
22,664
78,186
248,923
---------
--------
---------
---------
At 31 March 2024
116,526
36,136
152,662
---------
--------
---------
---------
7. DEBTORS
2025
2024
£
£
Trade debtors
256,622
128,640
Other debtors
41,692
22,183
---------
---------
298,314
150,823
---------
---------
8. CREDITORS: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
221,234
162,585
Trade creditors
213,900
110,119
Social security and other taxes
167,758
123,802
Other creditors
178,293
37,770
---------
---------
781,185
434,276
---------
---------
Loans and overdrafts liabilities are secured by a fixed and floating charge over all the company's assets.
9. CREDITORS: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
43,300
Other creditors
37,693
57,371
--------
--------
80,993
57,371
--------
--------
Loans and overdrafts liabilities are secured by a fixed and floating charge over all the company's assets.
10. OPERATING LEASES
The total future minimum lease payments under non-cancellable operating leases are as follows:
2025
2024
£
£
Not later than 1 year
57,212
13,674
Later than 1 year and not later than 5 years
63,570
4,931
---------
--------
120,782
18,605
---------
--------
11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr S E Curtis
1,176
52
( 118,614)
( 117,386)
Mr D C Curtis
11,628
( 17,762)
( 6,134)
--------
----
---------
---------
12,804
52
( 136,376)
( 123,520)
--------
----
---------
---------
2024
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr S E Curtis
10,541
21,980
( 31,345)
1,176
Mr D C Curtis
18,812
21,816
( 29,000)
11,628
--------
--------
--------
--------
29,353
43,796
( 60,345)
12,804
--------
--------
--------
--------
In the prior year, interest was charged at the official rate of interest and the above balances were cleared within 9 months of the year end.