IRIS Accounts Production v25.1.4.42 11726196 director 1.1.24 31.12.24 31.12.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117261962023-12-31117261962024-12-31117261962024-01-012024-12-31117261962022-12-31117261962023-01-012023-12-31117261962023-12-3111726196ns15:EnglandWales2024-01-012024-12-3111726196ns14:PoundSterling2024-01-012024-12-3111726196ns10:Director12024-01-012024-12-3111726196ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3111726196ns10:SmallEntities2024-01-012024-12-3111726196ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3111726196ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3111726196ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3111726196ns10:FullAccounts2024-01-012024-12-3111726196ns10:RegisteredOffice2024-01-012024-12-3111726196ns5:CurrentFinancialInstruments2024-12-3111726196ns5:CurrentFinancialInstruments2023-12-3111726196ns5:Non-currentFinancialInstruments2024-12-3111726196ns5:Non-currentFinancialInstruments2023-12-3111726196ns5:ShareCapital2024-12-3111726196ns5:ShareCapital2023-12-3111726196ns5:RetainedEarningsAccumulatedLosses2024-12-3111726196ns5:RetainedEarningsAccumulatedLosses2023-12-3111726196ns5:PlantMachinery2024-01-012024-12-3111726196ns5:FurnitureFittings2024-01-012024-12-3111726196ns5:ComputerEquipment2024-01-012024-12-3111726196ns5:PlantMachinery2023-12-3111726196ns5:FurnitureFittings2023-12-3111726196ns5:ComputerEquipment2023-12-3111726196ns5:PlantMachinery2024-12-3111726196ns5:FurnitureFittings2024-12-3111726196ns5:ComputerEquipment2024-12-3111726196ns5:PlantMachinery2023-12-3111726196ns5:FurnitureFittings2023-12-3111726196ns5:ComputerEquipment2023-12-3111726196ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3111726196ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 11726196 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Mortgage Monster Limited

Mortgage Monster Limited (Registered number: 11726196)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mortgage Monster Limited

Company Information
for the year ended 31 December 2024







DIRECTOR: Mr B Clark





REGISTERED OFFICE: 120 Prince Avenue
Westcliff-On-Sea
Essex
SS0 0NW





REGISTERED NUMBER: 11726196 (England and Wales)





ACCOUNTANTS: Vortex Accountants Limited
Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU

Mortgage Monster Limited (Registered number: 11726196)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,636 14,663

CURRENT ASSETS
Stocks 5 10,277 -
Debtors 6 32,927 769
Cash at bank - 18,314
43,204 19,083
CREDITORS
Amounts falling due within one year 7 39,209 14,542
NET CURRENT ASSETS 3,995 4,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,631

19,204

CREDITORS
Amounts falling due after more than one
year

8

16,953

21,629
NET LIABILITIES (2,322 ) (2,425 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,422 ) (2,525 )
(2,322 ) (2,425 )

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

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

The director acknowledges his 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.

Mortgage Monster Limited (Registered number: 11726196)

Balance Sheet - continued
31 December 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 director and authorised for issue on 25 June 2025 and were signed by:





Mr B Clark - Director


Mortgage Monster Limited (Registered number: 11726196)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Mortgage Monster 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 5 years
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Mortgage Monster Limited (Registered number: 11726196)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 10,071 5,850 9,880 25,801
DEPRECIATION
At 1 January 2024 5,475 2,106 3,557 11,138
Charge for year 2,014 749 1,264 4,027
At 31 December 2024 7,489 2,855 4,821 15,165
NET BOOK VALUE
At 31 December 2024 2,582 2,995 5,059 10,636
At 31 December 2023 4,596 3,744 6,323 14,663

5. STOCKS
2024 2023
£    £   
Work-in-progress 10,277 -

Mortgage Monster Limited (Registered number: 11726196)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 32,927 769

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 23,159 7,000
Taxation and social security 8,663 313
Other creditors 7,387 7,229
39,209 14,542

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 16,953 21,629

9. GOING CONCERN

The director considers that, notwithstanding the company's negative net assets position, it is appropriate to prepare the accounts on a going concern basis that the company will be able to meet its liabilities as they fall due, due to the continuing support of the director.