The Monaco Dawn Treader Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05196470 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

THE MONACO DAWN TREADER COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms M R Harrison

SECRETARY:

Taylor Wessing Secretaries Limited

REGISTERED OFFICE:

5 New Street Square

London

EC4A 3TW

REGISTERED NUMBER:

05196470 (England and Wales)

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Tangible assets

4

3,000,000

612,230

CURRENT ASSETS

Debtors

5

50,338

48,799

Cash at bank

15,357

38,908

65,695

87,707

CREDITORS

Amounts falling due within one year

6

28,852,579

116,792

NET CURRENT LIABILITIES

(28,786,884

)

(29,085

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,786,884

)

583,145

CREDITORS

Amounts falling due after more than one
year

7

-

27,439,275

NET LIABILITIES

(25,786,884

)

(26,856,130

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(25,786,885

)

(26,856,131

)

SHAREHOLDERS' FUNDS

(25,786,884

)

(26,856,130

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 April 2026 and were signed by:

Ms M R Harrison - Director

1.	STATUTORY INFORMATION

The Monaco Dawn Treader Company Limited 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.

The financial statements are being prepared on the alternative, break up basis, due to the significant negative balance sheet. The company is continuing to trade and the principal creditor has indicated that he will not seek recovery of the debt until either alternative financing is in place or the company's principal asset is disposed of.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

over remaining term of lease

Plant and machinery etc

-

5% on cost

Financial instruments

Basic financial instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS102.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 February 2025

148,152

4,080,918

4,229,070

Disposals

(148,152

)

-

(148,152

)

At 31 January 2026

-

4,080,918

DEPRECIATION

At 1 February 2025

148,152

3,468,688

3,616,840

Charge for year

-

204,016

Eliminated on disposal

(148,152

)

-

(148,152

)

Charge written back

-

(2,591,786

)

(2,591,786

)

At 31 January 2026

-

1,080,918

NET BOOK VALUE

At 31 January 2026

-

3,000,000

At 31 January 2025

-

612,230

Plant and machinery have been classified as fixed assets notwithstanding the adoption of the break up basis, The director believes that this is appropriate and that reclassifying as a current asset would not materially affect any understanding of the financial statements.

The Disposals of Land and Buildings relate to the elimination of a leasehold interest which has expired.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Other debtors

50,338

48,799

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Amounts owed to participating interests

28,785,903

-

Other creditors & accruals

66,676

116,792

28,852,579

116,792

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.26

31.1.25

£

Other creditors

-

27,439,275

Creditors, previously shown as due after more than one year, have been reclassified as due within one year as they are due on demand and no confirmation has been received that collection will not be deferred until after one year.