Mono Fire & Security Limited - Accounts to registrar (filleted) - small 18.2
Mono Fire & Security Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
MONO FIRE & SECURITY LIMITED |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2019 |
MONO FIRE & SECURITY LIMITED (REGISTERED NUMBER: 04114457) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2019 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
MONO FIRE & SECURITY LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 SEPTEMBER 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Exchange |
5 Bank Street |
Bury |
BL9 0DN |
BANKERS: |
Sale Branch |
19 School Road |
Sale |
Cheshire |
M33 7ZA |
MONO FIRE & SECURITY LIMITED (REGISTERED NUMBER: 04114457) |
STATEMENT OF FINANCIAL POSITION |
30 SEPTEMBER 2019 |
2019 | 2018 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 signed on its behalf by: |
MONO FIRE & SECURITY LIMITED (REGISTERED NUMBER: 04114457) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2019 |
1. | STATUTORY INFORMATION |
Mono Fire & Security Limited is a private company, limited by shares, registered in England and Wales. The |
company's registered number is 04114457 and its registered office address is Brierley House, 335 Manchester |
Road East, Little Hulton, Manchester, M38 9AR. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The company is a non-trading holding company. The directors are satisfied that the company can continue in |
existence for the foreseeable future and have accordingly prepared the accounts on the going concern basis. |
Further details on the post year end impact of Covid 19 can be found in the financial statements of the trading |
subsidiary, Mono Alarm Installations Limited. |
Preparation of consolidated financial statements |
The financial statements contain information about Mono Fire & Security Limited as an individual company and |
do not contain consolidated financial information as the parent of a group. The company is exempt under Section |
399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Critical accounting estimates and judgements |
There are currently no critical accounting estimates and judgements applied by the directors that are considered |
key to the preparation of the financial statements. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Income from fixed asset investments is received in the form of dividends and is credited to the income statement |
when receivable. |
Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of financial |
assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third |
parties and loans to related parties. |
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for |
objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised |
in the income statement. |
Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost. |
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 statement of financial position date. |
MONO FIRE & SECURITY LIMITED (REGISTERED NUMBER: 04114457) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2019 |
2. | ACCOUNTING POLICIES - continued |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 October 2018 |
and 30 September 2019 |
NET BOOK VALUE |
At 30 September 2019 |
At 30 September 2018 |
The company's investments at the Statement of Financial Position date in the share capital of companies include |
the following: |
Registered office: United Kingdom |
Nature of business: |
% |
Class of shares: | holding |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Amounts owed to group undertakings |