ACCOUNTS - Final Accounts

Registered number: 02887176

MONAR ENGINEERING SERVICES LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2026

MONAR ENGINEERING SERVICES LIMITED

REGISTERED NUMBER: 02887176

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£


Current assets
Cash at bank and in hand		13,596		14,576
		13,596		14,576
Creditors: amounts falling due within one year	6	(5,514)		(5,331)
Net current assets			8,082		9,245
Total assets less current liabilities			8,082		9,245

Net assets			8,082		9,245

Capital and reserves
Called up share capital	2	2
Profit and loss account	8,080	9,243
	8,082	9,245

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 July 2026.

J. P Moran

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

MONAR ENGINEERING SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Monar Engineering Services Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 32 Lock Road, Ham, Richmond, Surrey, TW10 7LH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Page 2

MONAR ENGINEERING SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.6

Creditors

Short term creditors are measured at the transaction price.

2.7

Dividends

Equity dividends are recognised when they become legally payable.

2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income 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 income.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

4.	Taxation

		2026	2025
		£	£

Corporation tax
Current tax on profits for the year	4,109	3,905
	4,109	3,905

Total current tax	4,109	3,905

	Factors affecting tax charge for the year
	There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax in the UK of 19% (2025 - 19%). There were no factors that may affect future tax charges.

Page 3

MONAR ENGINEERING SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

5.	TANGIBLE FIXED ASSETS

		Office equipment
		£
	Cost or valuation
	At 1 April 2025	2,830
	At 31 March 2026	2,830
	Depreciation
	At 1 April 2025	2,830
	At 31 March 2026	2,830
	Net book value
	At 31 March 2026	-
	At 31 March 2025	-

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Corporation tax	4,052	3,871
Other creditors	82	110
Accruals and deferred income	1,380	1,350
	5,514	5,331

7.	Related party transactions
	During the year dividends were paid to J. P Moran (a director of the company) and L. D. Moran amounting to £18,600 (2025 - £19,000).

Page 4