Mounirs Design Limited - Filleted accounts

Registered number

02356945

Registered in England and Wales

Mounirs Design Limited

Filleted Accounts

31 August 2025

Mounirs Design Limited

Report to the directors on the preparation of the unaudited statutory accounts of Mounirs Design Limited for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mounirs Design Limited for the year ended 31 August 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

S Asghar and Co
Chartered Certified Accountants
85 Station Rd
Harrow
HA2 7SW

27 April 2026

Mounirs Design Limited
Registered number:		02356945
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		303,330			303,481

Current assets
Stocks		14,150			17,000
Debtors	4	17,679			22,571
Cash at bank and in hand		14,718			18,922
		46,547			58,493

Creditors: amounts falling due within one year	5	(26,501)			(26,971)

Net current assets			20,046			31,522

Total assets less current liabilities			323,376			335,003

Creditors: amounts falling due after more than one year	6		(6,691)			(21,363)



Net assets			316,685			313,640

Capital and reserves
Called up share capital			100			100
Revaluation reserve	7		244,051			244,051
Profit and loss account			72,534			69,489

Shareholders' funds			316,685			313,640

The directors are 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 directors acknowledge their 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.




Mr M E Srouji
Director
Approved by the board on 27 April 2026

Mounirs Design Limited
Notes to the Accounts
for the year ended 31 August 2025


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:

	Plant and machinery			18% Reducing Balance
	Motor Vehicles			18% Reducing Balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	300,000		10,839		12,235		323,074
	Additions	-		648		-		648
	At 31 August 2025	300,000		11,487		12,235		323,722

	Depreciation
	At 1 September 2024	-		7,568		12,025		19,593
	Charge for the year	-		589		210		799
	At 31 August 2025	-		8,157		12,235		20,392

	Net book value
	At 31 August 2025	300,000		3,330		-		303,330
	At 31 August 2024	300,000		3,271		210		303,481


4	Debtors					2025		2024
£							£

	Trade debtors					14,345		22,571
	Director's Loan Account					3,334		-
						17,679		22,571


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					16,418		14,159
	Taxation and social security costs					6,083		7,812
	Other creditors					4,000		5,000
						26,501		26,971


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					6,691		14,111
	Director's Loan Account					-		7,252
						6,691		21,363


7	Revaluation reserve					2025		2024
£							£

	At 1 September 2024					244,051		119,051
	Gain on revaluation of land and buildings					-		125,000

	At 31 August 2025					244,051		244,051


8	Other information

	Mounirs Design Limited is a private company limited by shares and incorporated in England. Its registered office is:
	30 Lower Richmond Road
	London
	SW15 1JP