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Registration number: 00826817

Mona Fuel & Trading Company Limited
trading as Mona F&T
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Mona Fuel & Trading Company Limited
trading as Mona F&T

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Mona Fuel & Trading Company Limited
trading as Mona F&T

Company Information

Director | D W Davies

Registered office | Mona Yard Gwalchmai Holyhead Anglesey LL65 4RW

Accountants | Aston Hughes & Co Chartered AccountantsSelby Towers 29 Princes Drive Colwyn Bay LL29 8PE

Mona Fuel & Trading Company Limited
trading as Mona F&T

(Registration number: 00826817)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 156,260 | 160,577
Current assets |  |  |
Stocks | 5 | 70,000 | 70,000
Debtors | 6 | 80,590 | 91,997
Cash at bank and in hand |  | 55 | 229
|  | 150,645 | 162,226
Creditors: Amounts falling due within one year | 7 | (198,952) | (182,023)
Net current liabilities |  | (48,307) | (19,797)
Total assets less current liabilities |  | 107,953 | 140,780
Creditors: Amounts falling due after more than one year | 7 | (86,018) | (87,899)
Net assets |  | 21,935 | 52,881
Capital and reserves |  |  |
Called up share capital | 8 | 211 | 211
Capital redemption reserve |  | 139 | 139
Retained earnings |  | 21,585 | 52,531
Shareholders' funds |  | 21,935 | 52,881

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Mona Fuel & Trading Company Limited
trading as Mona F&T

(Registration number: 00826817)
Balance Sheet as at 31 December 2025

Approved and authorised by the director on 19 March 2026

......................................... D W Davies Director

Mona Fuel & Trading Company Limited
trading as Mona F&T

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Mona Yard
Gwalchmai
Holyhead
Anglesey
LL65 4RW

These financial statements were authorised for issue by the director on 19 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Mona Fuel & Trading Company Limited
trading as Mona F&T

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Buildings | 25 years Straight line
Vehicles plant and machinery | 15-25% Reducing balance
Fixtures and fittings | 25% Reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Mona Fuel & Trading Company Limited
trading as Mona F&T

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 9 (2024 - 10).

Mona Fuel & Trading Company Limited
trading as Mona F&T

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 January 2025 | 160,048 | 39,857 | 96,521 | 143,315 | 439,741
Additions | - | - | 7,700 | - | 7,700
Disposals | - | - | (6,500) | - | (6,500)
At 31 December 2025 | 160,048 | 39,857 | 97,721 | 143,315 | 440,941
Depreciation
At 1 January 2025 | 47,272 | 32,775 | 80,555 | 118,562 | 279,164
Charge for the year | 613 | 1,767 | 4,541 | 4,729 | 11,650
Eliminated on disposal | - | - | (6,133) | - | (6,133)
At 31 December 2025 | 47,885 | 34,542 | 78,963 | 123,291 | 284,681
Carrying amount
At 31 December 2025 | 112,163 | 5,315 | 18,758 | 20,024 | 156,260
At 31 December 2024 | 112,776 | 7,082 | 15,966 | 24,753 | 160,577

Included within the net book value of land and buildings above is £112,163 (2024 - £112,777) in respect of long leasehold land and buildings.

Mona Fuel & Trading Company Limited
trading as Mona F&T

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 70,000 | 70,000

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 80,590 | 91,997
| 80,590 | 91,997

Mona Fuel & Trading Company Limited
trading as Mona F&T

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 45,439 | 40,202
Trade creditors |  | 115,897 | 100,607
Taxation and social security |  | 20,764 | 23,979
Accruals and deferred income |  | 2,990 | 2,990
Other creditors |  | 13,862 | 14,245
|  | 198,952 | 182,023

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 86,018 | 87,899

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 111 | 111 | 111 | 111
Class A of £1 each | 100 | 100 | 100 | 100
| 211 | 211 | 211 | 211

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 86,018 | 87,899

Mona Fuel & Trading Company Limited
trading as Mona F&T

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 15,631 | 15,320
Bank overdrafts | 29,808 | 24,882
| 45,439 | 40,202