MONUMENTAL ENTERPRISES LIMITED Company accounts

COMPANY REGISTRATION NUMBER: 5373503

MONUMENTAL ENTERPRISES LIMITED

Unaudited Financial Statements

5 April 2025

MONUMENTAL ENTERPRISES LIMITED

Financial Statements

Year ended 5 April 2025

Contents	Page

Director's report	1

Statement of income and retained earnings	2

Statement of financial position	3

Notes to the financial statements	4

MONUMENTAL ENTERPRISES LIMITED

Director's Report

Year ended 5 April 2025

The director presents his report and the unaudited financial statements of the company for the year ended 5 April 2025 .

Director

The director who served the company during the year was as follows:

Mr. K.J. Smith

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 8 December 2025 and signed on behalf of the board by:

Mr. K.J. Smith	Mr. Kevin John Smith
Director	Company Secretary

Registered office:

14 Fore Street

Wellington

Somerset

TA21 8AQ

MONUMENTAL ENTERPRISES LIMITED

Statement of Income and Retained Earnings

Year ended 5 April 2025

	2025	2024
Note	£	£
Turnover	45,297	20,539

Cost of sales	16,724	7,482
	--------	--------
Gross profit	28,573	13,057

Administrative expenses	20,336	31,789
	--------	--------
Operating profit/(loss)	8,237	( 18,732)

Other interest receivable and similar income		64	327
Interest payable and similar expenses		128	793
		--------	--------
Profit/(loss) before taxation	5	8,173	( 19,198)

Tax on profit/(loss)	–	–
	-------	--------
Profit/(loss) for the financial year and total comprehensive income	8,173	( 19,198)
	-------	--------

Retained (losses)/earnings at the start of the year	( 15,994)	3,204
	--------	--------
Retained losses at the end of the year	( 7,821)	( 15,994)
	--------	--------

All the activities of the company are from continuing operations.

MONUMENTAL ENTERPRISES LIMITED

Statement of Financial Position

5 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		78,766	79,269

Current assets

Debtors	7	–	774
Cash at bank and in hand		6,778	2,981
		-------	-------
		6,778	3,755

Creditors: amounts falling due within one year	8	93,265		98,918
		--------		--------
Net current liabilities			86,487	95,163
			--------	--------
Total assets less current liabilities			( 7,721)	( 15,894)
			-------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 7,821)	( 15,994)
	-------	--------
Shareholders deficit	( 7,721)	( 15,894)
	-------	--------

These financial statements have been prepared 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'.

For the year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 8 December 2025 , and are signed on behalf of the board by:

Mr. K.J. Smith
Director

Company registration number: 5373503

MONUMENTAL ENTERPRISES LIMITED

Notes to the Financial Statements

Year ended 5 April 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 14 Fore Street, Wellington, Somerset, TA21 8AQ.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements 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.

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

		-	25% straight line
		-	25% straight line

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	877	175
	----	----

6. Tangible assets

	Land and buildings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 6 April 2024	76,500	2,500	1,101	80,101
Additions	–	–	374	374
	--------	-------	-------	--------
At 5 April 2025	76,500	2,500	1,475	80,475
	--------	-------	-------	--------
Depreciation
At 6 April 2024	–	–	832	832
Charge for the year	–	600	277	877
	--------	-------	-------	--------
At 5 April 2025	–	600	1,109	1,709
	--------	-------	-------	--------
Carrying amount
At 5 April 2025	76,500	1,900	366	78,766
	--------	-------	-------	--------
At 5 April 2024	76,500	2,500	269	79,269
	--------	-------	-------	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	–	774
	----	----

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	2,132	3,654
Trade creditors	381	1,192
Social security and other taxes	853	591
Other creditors	89,899	93,481
	--------	--------
	93,265	98,918
	--------	--------

9. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr. K.J. Smith	( 93,481)	–	3,582	( 89,899)
	--------	----	-------	--------

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr. K.J. Smith	( 2,905)	( 90,576)	–	( 93,481)
	-------	--------	----	--------

10. Related party transactions

The directors of the company charged £260 for the use of home to the company.