MONOGROUP UK LTD - Filleted accounts

Registered number

12339578

MONOGROUP UK LTD

Unaudited Filleted Accounts

31 December 2024

MONOGROUP UK LTD
Registered number:		12339578
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		-			112

Current assets
Debtors	4	7,084			8,300
Cash at bank and in hand		32			53
		7,116			8,353

Creditors: amounts falling due within one year	5	(98,643)			(91,611)

Net current liabilities			(91,527)			(83,258)

Net liabilities			(91,527)			(83,146)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(91,528)			(83,147)

Shareholders' funds			(91,527)			(83,146)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Markus Merz
Director
Approved by the board on 15 January 2026

MONOGROUP UK LTD
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	20% Reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Going Concern
	The company has net liabilities and is therefore dependent upon the continuing support of its creditors and director. On the basis that this support is expected to continue, the accounts have been drawn up on the going concern basis.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2024				262
	Disposals				(262)
	At 31 December 2024				-

	Depreciation
	At 1 January 2024				150
	On disposals				(150)
	At 31 December 2024				-

	Net book value
	At 31 December 2024				-
	At 31 December 2023				112


4	Debtors		2024		2023
£				£

	Trade debtors		-		1,216
	Other debtors		7,084		7,084
			7,084		8,300


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Trade creditors		-		68
	Taxation and social security costs		-		(2,659)
	Other creditors		98,643		94,202
			98,643		91,611


6	Other information

	MONOGROUP UK LTD is a private company limited by shares and incorporated in England. Its registered office is:
	The Wheelhouse - Angel Court
	1st Floor, 81 St. Clements Street
	Oxford
	OX4 1AW