Monaco Gedling Limited

Monaco Gedling Limited
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Monaco Gedling Limited Accountants' Report For the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Monaco Gedling Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Monaco Gedling Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Monaco Gedling Limited and state those matters that we have agreed to state to the Board of Directors of Monaco Gedling Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Monaco Gedling Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Monaco Gedling Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Monaco Gedling Limited . You consider that Monaco Gedling Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Monaco Gedling Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. .................................................... M Ahmed & Co Accountants Ltd Chartered Accountants 83 Park Road Nottingham NG9 4DE 24 September 2026 1

Monaco Gedling Limited
Accountants' Report
For the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Monaco Gedling Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Monaco Gedling Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Monaco Gedling Limited and state those matters that we have agreed to state to the Board of Directors of Monaco Gedling Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Monaco Gedling Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Monaco Gedling Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Monaco Gedling Limited . You consider that Monaco Gedling Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Monaco Gedling Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................
M Ahmed & Co Accountants Ltd
Chartered Accountants
83 Park Road
Nottingham
NG9 4DE
24 September 2026

1

Monaco Gedling Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	67,500	73,125
Tangible fixed assets	4	12,613	14,840
		80,113	87,965
Current assets
Stocks		2,850	2,850
Debtors		8	0
Cash at bank and in hand		4,668	2,109
		7,526	4,959
Creditors: amount falling due within one year		(26,326)	(17,867)
Net current assets		(18,800)	(12,908)

Total assets less current liabilities		61,313	75,057
Creditors: amount falling due after more than one year		(11,556)	(16,492)
Provisions for liabilities		(3,806)	(3,806)
Net assets		45,951	54,759

Capital and reserves
Called up share capital		3	3
Profit and loss account		45,948	54,756
Shareholders' funds		45,951	54,759

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 24 September 2026 and were signed by:

-------------------------------
Babak SHAHROKH NADERI
Director

2

Monaco Gedling Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Monaco Gedling Limited is a private company, limited by shares, registered in England and Wales, registration number 11387396, registration address 83 Park Road Chilwell, Nottingham, NG9 4DE.

1.

Accounting policies

Significant accounting policies

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)

Going concern basis

In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	15% Reducing Balance
Fixtures and Fittings	15% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 3 (2025 : 3).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2025	112,500	112,500
Additions	-	-
Disposals	-	-
At 31 March 2026	112,500	112,500
Amortisation
At 01 April 2025	39,375	39,375
Charge for year	5,625	5,625
On disposals	-	-
At 31 March 2026	45,000	45,000
Net book values
At 31 March 2026	67,500	67,500
At 31 March 2025	73,125	73,125

4.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 01 April 2025	26,079	10,460	36,539
Additions	-	-	-
Disposals	-	-	-
At 31 March 2026	26,079	10,460	36,539
Depreciation
At 01 April 2025	17,719	3,982	21,701
Charge for year	1,254	971	2,225
On disposals	-	-	-
At 31 March 2026	18,973	4,953	23,926
Net book values
Closing balance as at 31 March 2026	7,106	5,507	12,613
Opening balance as at 01 April 2025	8,360	6,480	14,840

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