Monohill Limited - Limited company - abbreviated - 11.9

Monohill Limited - Limited company - abbreviated - 11.9

MONOHILL LIMITED - Company Information

Print Friendly Version

01988094 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false Ordinary share 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure019880942014-03-31019880942015-03-31019880942014-04-012015-03-31019880942013-03-31019880942013-04-012014-03-31019880942014-03-3101988094ns12:England2014-04-012015-03-3101988094ns14:PoundSterling2014-04-012015-03-3101988094ns7:Director12014-04-012015-03-3101988094ns7:OrdinaryShareClass12014-04-012015-03-3101988094ns7:CompanySecretary2014-04-012015-03-3101988094ns7:RegisteredOffice2014-04-012015-03-3101988094ns7:EntityAccountantsOrAuditors2014-04-012015-03-3101988094ns5:FixturesFittings2014-04-012015-03-3101988094ns5:ComputerEquipment2014-04-012015-03-3101988094ns7:OrdinaryShareClass12015-03-3101988094ns7:OrdinaryShareClass12014-03-31
REGISTERED NUMBER: 01988094 (England and Wales)















ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

MONOHILL LIMITED

MONOHILL LIMITED (REGISTERED NUMBER: 01988094)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015










Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

MONOHILL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTOR: A Mahtani





SECRETARY: A Mahtani





REGISTERED OFFICE: 505 Pinner Road
Harrow
Middlesex
HA2 6EH





REGISTERED NUMBER: 01988094 (England and Wales)





ACCOUNTANTS: Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MONOHILL LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Monohill Limited for the year ended 31 March 2015 which comprise the Profit and Loss
Account, the Balance Sheet and the related notes from the company's 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Monohill Limited in accordance with the terms of our engagement letter dated 22 December 2011. Our work has been undertaken solely to prepare for your approval the financial statements of Monohill Limited and state those matters that we have agreed to state to the director of Monohill Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Monohill Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Monohill Limited. You consider that Monohill 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 financial statements of Monohill 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 financial statements.






Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH


29 February 2016

This page does not form part of the abbreviated accounts

Page 2
MONOHILL LIMITED (REGISTERED NUMBER: 01988094)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

31/3/15 31/3/14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 4,739 5,279
Investments 3 9,350 9,350
14,089 14,629

CURRENT ASSETS
Debtors 646,524 1,153,154
Cash at bank 71,917 257,331
718,441 1,410,485
CREDITORS
Amounts falling due within one year 572,595 1,205,139
NET CURRENT ASSETS 145,846 205,346
TOTAL ASSETS LESS CURRENT
LIABILITIES
159,935
219,975

PROVISIONS FOR LIABILITIES 948 1,056
NET ASSETS 158,987 218,919

CAPITAL AND RESERVES
Called up share capital 4 50,000 50,000
Profit and loss account 108,987 168,919
SHAREHOLDERS' FUNDS 158,987 218,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

Page 3 continued...
MONOHILL LIMITED (REGISTERED NUMBER: 01988094)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 29 February 2016 and were signed by:





A Mahtani - Director


The notes form part of these abbreviated accounts

Page 4
MONOHILL LIMITED (REGISTERED NUMBER: 01988094)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the company
has a right to the consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 10% on reducing balance
Computer equipment - 20% on reducing balance

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 56,211
DEPRECIATION
At 1 April 2014 50,932
Charge for year 540
At 31 March 2015 51,472
NET BOOK VALUE
At 31 March 2015 4,739
At 31 March 2014 5,279

3. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31/3/15 31/3/14
£    £   
Cost/valuation b/f 9,350 9,350

Page 5 continued...
MONOHILL LIMITED (REGISTERED NUMBER: 01988094)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015


4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/15 31/3/14
value: £    £   
50,000 Ordinary share £1 50,000 50,000

Page 6