REGISTERED NUMBER: SC400670 (Scotland)

Monalisa Consulting Ltd.

Financial Statements For The Year Ended 31 May 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Herbert

Mr R Herbert

REGISTERED OFFICE:

1 March Street

Portgordon

Moray

AB56 5QQ

REGISTERED NUMBER:

SC400670 (Scotland)

ACCOUNTANTS:

The Long Partnership

4 North Guildry Street

Elgin

Moray

IV30 1JR

BANKERS:

Royal Bank of Scotland

209 High Street

Elgin

Moray

IV30 1DL

FIXED ASSETS

Tangible assets

4

6,630

8,241

CURRENT ASSETS

Debtors

5

10,044

14,091

Cash at bank

15,731

12,982

25,775

27,073

CREDITORS

Amounts falling due within one year

6

13,219

14,826

NET CURRENT ASSETS

12,556

12,247

TOTAL ASSETS LESS CURRENT LIABILITIES

19,186

20,488

PROVISIONS FOR LIABILITIES

7

1,283

1,664

NET ASSETS

17,903

18,824

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

17,901

18,822

SHAREHOLDERS' FUNDS

17,903

18,824

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

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 26 August 2025 and were signed on its behalf by:

Mrs M Herbert - Director

1.	STATUTORY INFORMATION

Monalisa Consulting Ltd. is a private company, limited by shares , registered in Scotland. 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.

Equipment

-

33% on cost and 25% on reducing balance

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.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 June 2024

17,856

Additions

1,346

Disposals

(1,395

)

At 31 May 2025

17,807

DEPRECIATION

At 1 June 2024

9,615

Charge for year

2,859

Eliminated on disposal

(1,297

)

At 31 May 2025

11,177

NET BOOK VALUE

At 31 May 2025

6,630

At 31 May 2024

8,241

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

10,044

14,091

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

624

-

Taxation and social security

9,791

12,012

Other creditors

2,804

2,814

13,219

14,826

7.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

1,283

1,664

Deferred

tax

£

Balance at 1 June 2024

1,664

Provided during year

(381

)

Balance at 31 May 2025

1,283

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

1

Ordinary

1

1

1

1

A ordinary

1

1

1

2

2

9.

RESERVES

Retained

earnings

£

At 1 June 2024

18,822

Profit for the year

40,079

Dividends

(41,000

)

At 31 May 2025

17,901

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £41,000 (2024 - £60,000) were paid to the directors .

At 31 May 2024 and 2025 the company owed the directors £1,354. This loan is interest free and has no fixed terms of repayment.