Mondturn Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 01883616

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		231		308

			231		308
CURRENT ASSETS
Stocks		4,817,338		4,641,958
Debtors	5	244,644		188,633
Cash at bank and in hand		3,032,555		1,525,014

		8,094,537		6,355,605
Creditors: Amounts Falling Due Within One Year		(624,632 )		(315,503 )

NET CURRENT ASSETS (LIABILITIES)			7,469,905		6,040,102

TOTAL ASSETS LESS CURRENT LIABILITIES			7,470,136		6,040,410

NET ASSETS			7,470,136		6,040,410

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			7,470,134		6,040,408

SHAREHOLDERS' FUNDS			7,470,136		6,040,410

Page 1

Page 2

Mondturn Limited

Abridged Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr John Joseph

Director

21 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Mondturn Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01883616 . The registered office is 26 Station Road, Watford, WD17 1JU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance basis
Motor Vehicles	25% reducing balance basis
Computer Equipment	25% reducing balance basis

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

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Mondturn Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	27,767

As at 31 March 2026	27,767

Depreciation
As at 1 April 2025	27,459
Provided during the period	77

As at 31 March 2026	27,536

Net Book Value
As at 31 March 2026	231

As at 1 April 2025	308

5. Debtors

	2026	2025
	£	£
Due after more than one year
Amounts owed by group undertakings	186,109	173,653

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2