REGISTERED NUMBER: 08614466 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

MONAF INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N E Stern

M Stern

REGISTERED OFFICE:

19 Schonfeld Square

Stamford Hill

London

N16 0QQ

REGISTERED NUMBER:

08614466 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

700,000

700,000

CURRENT ASSETS

Debtors

5

123,055

122,901

Cash at bank

3,891

2,316

126,946

125,217

CREDITORS

Amounts falling due within one year

6

(70,580

)

(71,815

)

NET CURRENT ASSETS

56,366

53,402

TOTAL ASSETS LESS CURRENT LIABILITIES

756,366

753,402

CREDITORS

Amounts falling due after more than one year

7

(432,627

)

(436,515

)

PROVISIONS FOR LIABILITIES

(5,700

)

(5,700

)

NET ASSETS

318,039

311,187

CAPITAL AND RESERVES

Called up share capital

10

1

1

Revaluation reserve

11

240,115

240,115

Fair value reserve

11

30,000

30,000

Retained earnings

11

47,923

41,071

SHAREHOLDERS' FUNDS

318,039

311,187

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2026 and were signed on its behalf by:

M Stern - Director

1.	STATUTORY INFORMATION

Monaf Investments Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

700,000

NET BOOK VALUE

At 31 July 2025

700,000

At 31 July 2024

700,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2016

240,115

Valuation in 2020

30,000

Cost

429,885

700,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

495

341

Other debtors

122,560

122,560

123,055

122,901

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Taxation and social security

4,937

5,392

Other creditors

65,643

66,423

70,580

71,815

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans (see note 8)

404,868

403,352

Other creditors

27,759

33,163

432,627

436,515

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

231,549

230,072

Bank loans more 5 yrs non-inst

173,319

173,280

404,868

403,352

8.

LOANS

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due between two and five years:

Other loans - 2-5 years

27,759

33,163

31.7.25

31.7.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

231,549

230,072

Bank loans more 5 yrs non-inst

173,319

173,280

404,868

403,352

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

404,868

403,352

Other loans

27,759

33,163

432,627

436,515

1. Long term bank loan is secured by first charge over the company's investment property.

2. Under the bank loan, £27,759 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1

Ordinary

£1

1

1

11.

RESERVES

Fair

Retained

Revaluation

value

earnings

reserve

reserve

Totals

£

£

£

£

At 1 August 2024

41,071

240,115

30,000

311,186

Profit for the year

6,852

6,852

At 31 July 2025

47,923

240,115

30,000

318,038