Monnata Limited - Accounts

Monnata Limited - Accounts

MONNATA LIMITED - Company Information

Print Friendly Version

Monnata Limited 10600081 Property consultancy, buy & sell & rent own real estate false 1 April 2018 10600081 2018-04-01 2019-03-31 10600081 2018-03-31 10600081 2019-03-31 10600081 2017-02-03 2018-03-31 10600081 2017-02-02 10600081 2018-03-31 10600081 frs102-bus:FRS102 2018-04-01 2019-03-31 10600081 frs102-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31 10600081 frs102-bus:FullAccounts 2018-04-01 2019-03-31 10600081 frs102-bus:AuditExempt-NoAccountantsReport 2018-04-01 2019-03-31 10600081 frs102-core:CurrentFinancialInstruments 2019-03-31 10600081 frs102-core:CurrentFinancialInstruments 2018-03-31 10600081 frs102-core:ShareCapital 2019-03-31 10600081 frs102-core:ShareCapital 2018-03-31 10600081 frs102-core:RetainedEarningsAccumulatedLosses 2019-03-31 10600081 frs102-core:RetainedEarningsAccumulatedLosses 2018-03-31 10600081 frs102-bus:Director1 2018-04-01 2019-03-31 10600081 frs102-core:ComputerEquipment 2018-04-01 2019-03-31 10600081 frs102-core:Vehicles 2018-04-01 2019-03-31 10600081 frs102-core:ComputerEquipment 2018-03-31 10600081 frs102-core:LandBuildings 2018-03-31 10600081 frs102-core:Vehicles 2018-03-31 10600081 frs102-core:LandBuildings 2018-04-01 2019-03-31 10600081 frs102-core:ComputerEquipment 2019-03-31 10600081 frs102-core:LandBuildings 2019-03-31 10600081 frs102-core:Vehicles 2019-03-31 10600081 frs102-core:ComputerEquipment 2018-03-31 10600081 frs102-core:LandBuildings 2018-03-31 10600081 frs102-core:Vehicles 2018-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
10600081
Monnata Limited
Unaudited Accounts
for the year ended
31 March 2019
Monnata Limited
Balance Sheet
as at 31 March 2019
Notes
 2019
£		 2018
£
Fixed assets
Tangible assets 4 2,040,301 2,019,557
Investments 96,570 96,465
2,136,871 2,116,022
Current assets
Stocks 22,949 10,949
Cash at bank and in hand 1,572 20,660
24,521 31,609
Creditors: amounts falling due within one year 5 (535,890) (1,003,399)
Net current assets / (liabilities) (511,369) (971,790)
Total assets less current liabilities 1,625,502 1,144,232
Total net assets (liabilities) 1,625,502 1,144,232
Capital and reserves
Called up share capital 200 200
Profit and loss account 1,625,302 1,144,032
Shareholders' funds 1,625,502 1,144,232

Monnata Limited
Balance Sheet
as at 31 March 2019



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr D Stalder

Director


Approved by the board on 21 November 2019

Company Number: 10600081 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

11 Bingham Place
London
W1U 5AY
United Kingdom

Monnata Limited
Notes to the Accounts
for the year ended 31 March 2019

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 100% Reducing Balance
Vehicles 18% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:
2019
2018
£ £
Directors' remuneration 23,700 23,000

3. Taxation
2019 2018
£ £
UK Corporation Tax 0 285,857
Tax on profit/(loss) on ordinary activities 0 285,857

4. Tangible fixed assets
Computer equipment Land & buildings Vehicles Total
Cost or valuation £ £ £ £
At 1 April 2018 0 2,019,557 0 2,019,557
Additions 1,040 2,774 19,270 23,084
At 31 March 2019 1,040 2,022,331 19,270 2,042,641
Depreciation
Charge for the period 1,040 0 1,300 2,340
At 31 March 2019 1,040 0 1,300 2,340
Net book value
At 31 March 2019 0 2,022,331 17,970 2,040,301
At 31 March 2018 0 2,019,557 0 2,019,557

5. Creditors: amounts falling due within one year
2019 2018
£ £
Taxation & social security 0 285,857
Other creditors 535,890 717,542
535,890 1,003,399

6. Dividends
2019 2018
£ £
Total dividend payment 63,000 64,000