Registration number: 10855047

Monsters of Dirt Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Monsters of Dirt Limited

Company Information

Directors

Mrs C A Wiggins R T D J Wiggins

Company secretary

Mrs C A Wiggins

Registered office

Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Accountants

Burton Sweet Limited Chartered accountants & business advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Monsters of Dirt Limited

(Registration number: 10855047)
Balance Sheet
31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	109,609	57,129
Current assets
Stocks	5	15,500	15,500
Debtors	6	29,793	74,171
Cash at bank and in hand		21,241	43,859
		66,534	133,530
Creditors: Amounts falling due within one year	7	(113,522)	(115,292)
Net current (liabilities)/assets		(46,988)	18,238
Total assets less current liabilities		62,621	75,367
Creditors: Amounts falling due after more than one year	7	(65,518)	(10,956)
Net (liabilities)/assets		(2,897)	64,411
Capital and reserves
Called up share capital		1	1
Retained earnings		(2,898)	64,410
Shareholders' (deficit)/funds		(2,897)	64,411

Monsters of Dirt Limited

(Registration number: 10855047)
Balance Sheet
31 July 2025

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 April 2026 and signed on its behalf by:
 

......................................... Mrs C A Wiggins Company secretary and director

Monsters of Dirt Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 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:
Cooper House
Lower Charlton Estate
Shepton Mallet
Somerset
BA4 5QE

The principal place of business is:
Unit 3, Butts Pond tradin Estate
Sturminster Newton
Dorset
DT10 1AZ

These financial statements were authorised for issue by the Board on 28 April 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.

Going concern

The financial statements have been prepared on a going concern basis due to the ongoing support of the directors, The year was challenging and the company is now on track to return to profitability within the next couple of years.

Monsters of Dirt Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

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.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation 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 taxable income.

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.

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
Plant & machinery	10% per annum straight line
Motor vehicles	25% per annum reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Monsters of Dirt Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Monsters of Dirt Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

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.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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 directors) during the year, was 0 (2024 - 2).

Monsters of Dirt Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

4	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 August 2024	57,152	2,274	59,426
Additions	66,000	-	66,000
Disposals	-	(2,274)	(2,274)
At 31 July 2025	123,152	-	123,152
Depreciation
At 1 August 2024	1,228	1,069	2,297
Charge for the year	12,315	-	12,315
Eliminated on disposal	-	(1,069)	(1,069)
At 31 July 2025	13,543	-	13,543
Carrying amount
At 31 July 2025	109,609	-	109,609
At 31 July 2024	55,924	1,205	57,129

5

Stocks

	2025 £	2024 £
Work in progress	15,500	15,500

6

Debtors

	2025 £	2024 £
Trade debtors	24,793	19,515
Other debtors	5,000	49,656
Prepayments	-	5,000
	29,793	74,171

Monsters of Dirt Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	31,802	10,113
Trade creditors		29,167	58,278
Taxation and social security		14,346	491
Accruals and deferred income		810	735
Other creditors		37,397	45,675
		113,522	115,292

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	65,518	10,956

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	10,956
Hire purchase contracts	65,518	-
	65,518	10,956

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	11,372	10,113
Hire purchase contracts	20,430	-
	31,802	10,113