Registered number
09636108
Monkhams Investments Ltd
Filleted Accounts
31 March 2026

Monkhams Investments Ltd
Registered number: | 09636108
Balance Sheet
as at 31 March 2026
Notes |  |  | 2026 |  |  | 2025
£ | £
Fixed assets
Investments | 3 |  |  | 6,150,000 |  |  | 5,250,000
Current assets
Debtors | 4 |  | 4,761 |  |  | 3,000
Cash at bank and in hand |  |  | 162,220 |  |  | 667,873
|  |  | 166,981 |  |  | 670,873
Creditors: amounts falling due within one year | 5 |  | (6,373,970) |  |  | (6,022,594)
Net current liabilities |  |  |  | (6,206,989) |  |  | (5,351,721)
Net liabilities |  |  |  | (56,989) |  |  | (101,721)
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Revaluation reserve | 6 |  |  | (820,336) |  |  | (694,474)
Profit and loss account |  |  |  | 763,247 |  |  | 592,653
Shareholders' funds |  |  |  | (56,989) |  |  | (101,721)
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.
R H Keys
Director
Approved by the board on 31 July 2026

Monkhams Investments Ltd
Notes to the Accounts
for the year ended 31 March 2026
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 rental of properties. Turnover is recognised when invoiced for the period for which it is due. Rental income received in advance at the year end is carried forward to the following accounting period.
| Freehold investment properties
| Investment properties are revalued annually using a fair market value. To ascertain the property values the rents achievable, the strength of the tenant covenant and the comparable values of similar properties are all taken into account. Any surplus or deficit is dealt with through the profit and loss account. No depreciation is provided in respect of investment properties.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price).
| 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. Deferred tax has been provided on property valuations where, based on the property values shown in the accounts, it is likely that a liability will arise.
| Tenant deposits
| Residential tenant deposits are held in a nominated Client Premium Account. All money standing in credit in the account is client money and has no right of set-off, lien or charges by the issuing bank, guarantor or other creditors and is used purely for the purpose of holding tenant monies.
| Fair value reserve
| Revaluations of freehold investment properties, along with any associated deferred tax, are transferred from the profit and loss account to the fair value reserve as such gains/losses are unrealised and therefore not distributable. This thereby ensures that the profit and loss reserve remains fully distributable.
2 | Employees | 2026 |  | 2025
Number | Number
| Average number of persons employed by the company | 1 |  | 1
3 | Investments
Freehold
investment
properties
£
| Cost
| At 1 April 2025 | 5,250,000
| Additions | 1,025,862
| Revaluation | (125,862)
| At 31 March 2026 | 6,150,000
| Historical cost
| At 1 April 2025 | 5,944,475
| At 31 March 2026 | 6,970,337
| The investment properties are revalued each year by Mr R H Keys, MRICS, who is a director of the company using a fair market average value. To ascertain the property values the rents achievable, the strength of the tenant covenant and comparable values of similar properties are all taken into account.
4 | Debtors | 2026 |  | 2025
£ | £
| Other debtors | 4,761 |  | 3,000
5 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Corporation tax | 56,865 |  | 50,127
| Other creditors | 6,317,105 |  | 5,972,467
|  |  |  |  |  | 6,373,970 |  | 6,022,594
6 | Fair value reserve | 2026 |  | 2025
£ | £
| At 1 April 2025 | (694,474) |  | (452,607)
| Loss on revaluation of investment properties | (125,862) |  | (241,867)
| At 31 March 2026 | (820,336) |  | (694,474)
7 | Related party transactions
| An amount of £2,428,000 (2025 £2,254,000) is owed to H H Keys Estates Ltd, a company in which the directors and shareholders each have a 16% shareholding. This loan is interest free and repayable on demand.
| In addition an amount of £2,923,000 (£2025 £2,760,000) is owed to Alderton Hill Properties Ltd, a company of which Mr R H Keys is also a director. This loan is also interest free and repayable on demand.
8 | Other information
| Monkhams Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| 27 St Albans Crescent
| Woodford Green
| Essex
| IG8 9EJ

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