REGISTERED NUMBER: 01116858 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Montreux Marketing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S Mulligan

Mrs S L Mulligan

SECRETARY:

Mrs S L Mulligan

REGISTERED OFFICE:

The Old Shoe Factory

Bardolph Street East

LEICESTER

Leicestershire

LE4 6EG

REGISTERED NUMBER:

01116858 (England and Wales)

ACCOUNTANTS:

Vaughan Davies & Co (Accountants) Ltd

Unit 1-3, Willow Park

Upton Lane

Stoke Golding

Nuneaton

Warwickshire

CV13 6EU

FIXED ASSETS

Intangible assets

4

23,500

23,500

Tangible assets

5

68,363

67,613

Investments

6

500

500

92,363

91,613

CURRENT ASSETS

Stocks

123,842

102,798

Debtors

7

256,221

277,550

Cash at bank and in hand

33,838

145,614

413,901

525,962

CREDITORS

Amounts falling due within one year

8

124,872

237,180

NET CURRENT ASSETS

289,029

288,782

TOTAL ASSETS LESS CURRENT LIABILITIES

381,392

380,395

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

381,292

380,295

SHAREHOLDERS' FUNDS

381,392

380,395

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 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 30 September 2025 and were signed on its behalf by:

M S Mulligan - Director

1.	STATUTORY INFORMATION

Montreux Marketing Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2023 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

23,500

NET BOOK VALUE

At 31 December 2024

23,500

At 31 December 2023

23,500

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

10,812

66,618

37,175

Additions

-

-

-

Disposals

-

-

-

At 31 December 2024

10,812

66,618

37,175

DEPRECIATION

At 1 January 2024

-

48,252

35,408

Charge for year

-

3,673

265

Eliminated on disposal

-

-

-

At 31 December 2024

-

51,925

35,673

NET BOOK VALUE

At 31 December 2024

10,812

14,693

1,502

At 31 December 2023

10,812

18,366

1,767

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

63,114

6,558

184,277

Additions

27,250

-

27,250

Disposals

(20,800

)

-

(20,800

)

At 31 December 2024

69,564

6,558

190,727

DEPRECIATION

At 1 January 2024

26,462

6,542

116,664

Charge for year

13,782

5

17,725

Eliminated on disposal

(12,025

)

-

(12,025

)

At 31 December 2024

28,219

6,547

122,364

NET BOOK VALUE

At 31 December 2024

41,345

11

68,363

At 31 December 2023

36,652

16

67,613

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

500

NET BOOK VALUE

At 31 December 2024

500

At 31 December 2023

500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

44,936

66,265

Other debtors

211,285

211,285

256,221

277,550

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

11,563

87,503

Taxation and social security

55,389

99,935

Other creditors

57,920

49,742

124,872

237,180