Moniteye Limited - Limited company - abbreviated - 11.6

Moniteye Limited - Limited company - abbreviated - 11.6

MONITEYE LIMITED - Company Information

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REGISTERED NUMBER: 07135109 (England and Wales)















MONITEYE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014






MONITEYE LIMITED (REGISTERED NUMBER: 07135109)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014




Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

Chartered Certified Accountants' Report 6

MONITEYE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2014







DIRECTORS: G Bewley
C R Keal
G H Phipps





SECRETARY: G Bewley





REGISTERED OFFICE: Essex Abel Limited
4 Bank Court
Weldon Road
Loughborough
Leicestershire
LE11 5RF





REGISTERED NUMBER: 07135109 (England and Wales)





ACCOUNTANTS: Essex Abel Ltd
4 Bank Court
Weldon Road
Loughborough
Leicestershire
LE11 5RF
Page 1
MONITEYE LIMITED (REGISTERED NUMBER: 07135109)

ABBREVIATED BALANCE SHEET
31 MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 10,000 15,000
Tangible assets 3 42,329 15,945
52,329 30,945

CURRENT ASSETS
Debtors 107,631 83,632
Cash at bank 10,744 31,576
118,375 115,208
CREDITORS
Amounts falling due within one year 113,030 78,101
NET CURRENT ASSETS 5,345 37,107
TOTAL ASSETS LESS CURRENT
LIABILITIES
57,674
68,052

CREDITORS
Amounts falling due after more than one
year
(3,875		 )
(46,500		 )

PROVISIONS FOR LIABILITIES (8,466 ) -
NET ASSETS 45,333 21,552

CAPITAL AND RESERVES
Called up share capital 4 450 100
Profit and loss account 44,883 21,452
SHAREHOLDERS' FUNDS 45,333 21,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 notes on pages 4 to 5 form part of these abbreviated accounts

Page 2 continued...
MONITEYE LIMITED (REGISTERED NUMBER: 07135109)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2014


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 and authorised for issue by the Board of Directors on 18 November 2014 and
were signed on its behalf by:





G Bewley - Director


The notes on pages 4 to 5 form part of these abbreviated accounts

Page 3
MONITEYE LIMITED (REGISTERED NUMBER: 07135109)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014

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).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a
small company.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

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

Plant and machinery - 33% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Marketing grants
Income from grants have been recognised in the same period as the costs that they relate to.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013
and 31 March 2014 25,000
AMORTISATION
At 1 April 2013 10,000
Amortisation for year 5,000
At 31 March 2014 15,000
NET BOOK VALUE

At 31 March 2014 10,000
At 31 March 2013 15,000

Page 4 continued...
MONITEYE LIMITED (REGISTERED NUMBER: 07135109)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 30,400
Additions 44,830
At 31 March 2014 75,230
DEPRECIATION
At 1 April 2013 14,455
Charge for year 18,446
At 31 March 2014 32,901
NET BOOK VALUE
At 31 March 2014 42,329
At 31 March 2013 15,945

4. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2014 2013
value: £    £   
450 Share capital 1 £1 450 100

350 Ordinary shares of £1 were issued during the year for cash of £ 350 .

Page 5
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MONITEYE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)
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 Moniteye Limited for the year ended 31 March 2014 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 Association of Chartered Certified Accountants, we are subject to its ethical and
other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Moniteye Limited, as a body, in accordance with the terms of our
engagement letter dated 30 November 2012. Our work has been undertaken solely to prepare for your approval the
financial statements of Moniteye Limited and state those matters that we have agreed to state to the Board of Directors
of Moniteye Limited, as a body, in this report in accordance with the requirements of the Association of Chartered
Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we
do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our
work or for this report.

It is your duty to ensure that Moniteye 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 profit of Moniteye Limited. You
consider that Moniteye 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 Moniteye 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.






Essex Abel Ltd
4 Bank Court
Weldon Road
Loughborough
Leicestershire
LE11 5RF


21 November 2014

This page does not form part of the abbreviated accounts

Page 6