ACCOUNTS - Final Accounts preparation

Company registration number: 09509721

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	MUNDAY'S ESTATE AGENTS LTD


MUNDAY'S ESTATE AGENTS LTD

COMPANY INFORMATION

Director	Rebecca L Williams


Registered number	09509721


Registered office	2 Mary Boast Walk
	London
	SE5 8SP


Trading Address	2 Mary Boast Walk
	London
	SE5 8SP



Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


MUNDAY'S ESTATE AGENTS LTD REGISTERED NUMBER:09509721

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		1,448		1,942
			1,448		1,942
Current assets
Debtors: amounts falling due within one year	5	505,376		700,968
Cash at bank and in hand		54,233		149
		559,609		701,117
Creditors: amounts falling due within one year	6	(159,285)		(125,178)
Net current assets			400,324		575,939
Total assets less current liabilities			401,772		577,881

Net assets			401,772		577,881

Capital and reserves
Called up share capital	1	1
Profit and loss account	401,771	577,880
	401,772	577,881

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MUNDAY'S ESTATE AGENTS LTD REGISTERED NUMBER:09509721

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Rebecca L Williams

Director

Date: 27 November 2025

The notes on pages 3 to 6 form part of these financial statements.

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MUNDAY'S ESTATE AGENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Munday's Estate Agents Ltd is a private company, limited by shares, registered in England and Wales, registration number 09509721. The registered office and principal place of business is 2 Mary Boast Walk, London, SE5 8SP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is generated by providing real estate agency services and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

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MUNDAY'S ESTATE AGENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	33%
				Office equipment	-	25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 6 (2024 - 6).

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MUNDAY'S ESTATE AGENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

	Fixtures and fittings	Office equipment	Total
	£	£	£
Cost or valuation
At 1 April 2024	4,923	6,049	10,972
At 31 March 2025	4,923	6,049	10,972
Depreciation
At 1 April 2024	4,501	4,529	9,030
Charge for the year on owned assets	139	355	494
At 31 March 2025	4,640	4,884	9,524
Net book value
At 31 March 2025	283	1,165	1,448
At 31 March 2024	422	1,520	1,942

Debtors

					2025	2024
					£	£


Trade debtors	48,952	7,656
Other debtors	456,424	693,312
	505,376	700,968

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	11,353	12,306
Corporation tax	83,725	79,723
Other taxation and social security	58,938	28,077
Other creditors	319	572
Accruals and deferred income	4,950	4,500
	159,285	125,178

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MUNDAY'S ESTATE AGENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Transactions with directors

Included within other debtors is a balance due from the director amounting to £349,802 (2024: £585,694).
Amounts advanced during the year totalled £30,686 (2024: £391,429).
Amounts repaid during the year totalled £266,578 (2024: £136,927).
Interest arising on these balances totalled £9,825 (2024: £11,578).

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