REGISTERED NUMBER: 02520603 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

MONARCH SOFTWARE SYSTEMS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Amess

M I Trill

A Everett

SECRETARY:

M J Amess

REGISTERED OFFICE:

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

02520603 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

202,997

116,781

202,997

116,781

CURRENT ASSETS

Debtors

6

540,574

767,579

Cash at bank

718,173

325,438

1,258,747

1,093,017

CREDITORS

Amounts falling due within one year

7

(422,465

)

(343,646

)

NET CURRENT ASSETS

836,282

749,371

TOTAL ASSETS LESS CURRENT LIABILITIES

1,039,279

866,152

CREDITORS

Amounts falling due after more than one year

8

(38,005

)

-

PROVISIONS FOR LIABILITIES

(4,272

)

-

NET ASSETS

997,002

866,152

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

996,002

865,152

SHAREHOLDERS' FUNDS

997,002

866,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 February 2026 and were signed on its behalf by:

M I Trill - Director

M Amess - Director

1.	STATUTORY INFORMATION

Monarch Software Systems 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.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 48 (2024 - 46 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 August 2024

and 31 July 2025

2,971

AMORTISATION

At 1 August 2024

and 31 July 2025

2,971

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

5,963

34,993

200,631

184,803

426,390

Additions

-

-

216,547

38,868

255,415

Disposals

(5,697

)

(28,917

)

(200,631

)

(105,169

)

(340,414

)

At 31 July 2025

266

6,076

216,547

118,502

341,391

DEPRECIATION

At 1 August 2024

4,880

20,796

125,327

158,606

309,609

Charge for year

43

765

54,137

28,983

83,928

Eliminated on disposal

(4,827

)

(19,820

)

(125,327

)

(105,169

)

(255,143

)

At 31 July 2025

96

1,741

54,137

82,420

138,394

NET BOOK VALUE

At 31 July 2025

170

4,335

162,410

36,082

202,997

At 31 July 2024

1,083

14,197

75,304

26,197

116,781

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

200,631

Additions

216,547

Disposals

(200,631

)

At 31 July 2025

216,547

DEPRECIATION

At 1 August 2024

125,327

Charge for year

54,137

Eliminated on disposal

(125,327

)

At 31 July 2025

54,137

NET BOOK VALUE

At 31 July 2025

162,410

At 31 July 2024

75,304

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

493,908

736,427

Other debtors

46,666

31,152

540,574

767,579

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

25,568

7,613

Trade creditors

38,997

28,116

Taxation and social security

349,721

301,218

Other creditors

8,179

6,699

422,465

343,646

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

38,005

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000