REGISTERED NUMBER: 09194968 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Monarchs House Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

J Hays

S Lerum

W Mershon

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

09194968 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Tangible assets

4

1,749,773

914,005

CURRENT ASSETS

Debtors

5

58,179

26,635

Cash at bank and in hand

39,475

25,967

97,654

52,602

CREDITORS

Amounts falling due within one year

6

(2,333,200

)

(1,433,222

)

NET CURRENT LIABILITIES

(2,235,546

)

(1,380,620

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(485,773

)

(466,615

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(485,774

)

(466,616

)

(485,773

)

(466,615

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by:

S Lerum - Director

1.	STATUTORY INFORMATION

Monarchs House 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents amounts receivable for bed and breakfast services provided and is recognised once the service has been provided.

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

-

2% on cost

Plant and machinery etc

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

These financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption is dependent upon the continued support of related undertakings.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

1,033,911

13,887

1,047,798

Additions

865,170

5,262

870,432

At 31 December 2025

1,899,081

19,149

1,918,230

DEPRECIATION

At 1 January 2025

126,193

7,600

133,793

Charge for year

32,932

1,732

34,664

At 31 December 2025

159,125

9,332

168,457

NET BOOK VALUE

At 31 December 2025

1,739,956

9,817

1,749,773

At 31 December 2024

907,718

6,287

914,005

Included in cost of land and buildings is freehold land of £ 252,482 (2024 - £ 252,482 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

25,793

14,370

Other debtors

32,386

12,265

58,179

26,635

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,755

2,615

Amounts owed to group undertakings

2,215,952

1,388,945

Taxation and social security

1,665

585

Other creditors

113,828

41,077

2,333,200

1,433,222

7.	RELATED PARTY DISCLOSURES

Included within amounts owed to group undertakings at the year end is an amount of £2,215,952 (2024: £1,388,945) due to the parent company, Monarchs House St. Andrews LLC. This amount has been provided unsecured, interest free and is effectively repayable on demand.

Included within other creditors at the year end is an amount of £26,647 (2024: £26,647) due to the director J Hays. This amount has been provided unsecured, interest free and is repayable on demand.