Montglow Consultants Limited - Filleted accounts

Registered number

02579502

Montglow Consultants Limited

Filleted Accounts

31 May 2025

Montglow Consultants Limited
Registered number:		02579502
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		70,361			70,397

Current assets
Debtors	4	1,042			-
Cash at bank and in hand		89,058			98,733
		90,100			98,733

Creditors: amounts falling due within one year	5	(16,548)			(19,089)

Net current assets			73,552			79,644

Net assets			143,913			150,041

Capital and reserves
Called up share capital			100			100
Profit and loss account			143,813			149,941

Shareholder's funds			143,913			150,041

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Dr N Hallam
Director
Approved by the board on 18 November 2025

Montglow Consultants Limited
Notes to the Accounts
for the year ended 31 May 2025


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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold land and buildings	Nil
	Plant and machinery	15% on reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 June 2024	70,155		37,716		107,871
	At 31 May 2025	70,155		37,716		107,871

	Depreciation
	At 1 June 2024	-		37,474		37,474
	Charge for the year	-		36		36
	At 31 May 2025	-		37,510		37,510

	Net book value
	At 31 May 2025	70,155		206		70,361
	At 31 May 2024	70,155		242		70,397


4	Debtors			2025		2024
£					£

	Other debtors			1,042		-


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			680		680
	Corporation tax			-		3,946
	Other taxes and social security costs			1,516		194
	Other creditors			14,352		14,269
				16,548		19,089


6	Related party transactions

	Sales of £6,120 (2024 - £35,360) derived from Traderserve Limited, a company of which
	Dr N J Hallam is a director.

7	Other information

	Montglow Consultants Limited is a private company limited by shares and incorporated in England. Its registered office is:
	37 Harmony Close
	London
	England
	NW11 0JJ