MONARCH-ELS LIMITED,Ltd - AccountsLtd - Accounts
MONARCH-ELS LIMITED,Ltd - AccountsLtd - Accounts
| Registered Number:06513012 |
For the year ended 31 March 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2017
MONARCH-ELS LIMITED
Contents Page
1
Statement of Financial Position
2 to 7
Notes to the Financial Statements
3
| As at |
MONARCH-ELS LIMITED
Statement of Financial Position
| Registered Number : |
| £ |
| £ |
2016
2017
| Notes |
| Fixed assets |
| Property, plant and equipment |
2
| Financial assets |
3
| Current assets |
| Trade and other receivables |
4
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(2,134,700 )
(1,549,606 )
5
972,795
Net current assets
| Total assets less current liabilities |
| Trade and other payables: amounts falling due after more |
| than one year |
(4,367 )
6
(1,195 )
(1,195 )
| Provisions for liabilities |
Net assets
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| Other reserves |
35
Shareholders' funds
| 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 Section |
| 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. |
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4
For the year ended 31 March 2017
MONARCH-ELS LIMITED
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on |
| The notes form part of these financial statements |
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5
For the year ended 31 March 2017
MONARCH-ELS LIMITED
Notes to the Financial Statements
Statutory Information
| MONARCH-ELS LIMITED is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 06513012. |
| Principal place of business: |
2 Kingsway South
Westgate
Aldridge
Wst Midlands
WS9 8FS
| Registered address: |
Emerald House
20-22 Anchor Road
Aldridge, Walsall
West Midlands
ES9 8PH
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Property, plant and equipment
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
Deferred tax
Foreign currencies
Hire purchase and leasing commitments
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6
For the year ended 31 March 2017
MONARCH-ELS LIMITED
Notes to the Financial Statements Continued
Pension costs and other post-retirement benefits
| 2. Property, plant and equipment |
| Total |
| Computer |
| equipment |
| Fixtures and |
| fittings |
Motor vehicles
| Plant and |
| machinery |
| Land and |
| buildings |
| £ |
| £ |
| £ |
| £ |
| £ |
| £ |
| Cost or |
| valuation |
| At 01 April 2016 |
| Additions |
| At 31 March 2017 |
| Provision for depreciation and impairment |
| At 01 April 2016 |
Charge for year
| At 31 March 2017 |
| At 31 March 2017 |
| Net book value |
| At 31 March 2016 |
| 3. Investments held as fixed assets |
| Shares in group and participating interests |
| Total |
| At 01 April 2016 |
| Cost |
| £ |
| £ |
| At 31 March 2017 |
| At 31 March 2017 |
| Net book value |
| At 01 April 2016 |
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7
For the year ended 31 March 2017
MONARCH-ELS LIMITED
Notes to the Financial Statements Continued
| 4. Trade and other receivables |
2016
2017
| £ |
| £ |
| Trade debtors |
| Amounts owed by group undertakings and participating interests |
| Other debtors |
| The debtors above include the following amounts falling due after more than one year: |
| Amounts owed by group undertakings and participating interests |
| 5. Trade and other payables: amounts falling due within one year |
2016
2017
| £ |
| £ |
| Bank loans and overdraft |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 6. Trade and other payables: amounts falling due after more than one year |
2016
2017
| £ |
| £ |
| Bank loans and overdraft |
| 7. Related party transactions |
The ultimate controlling party is Ms. C. E. Maher by virtue of her 75% shareholding.
| 8. Guarantees and other financial commitments |
Capital commitments
The company had no capital commitments, contracted for but not provided for in the accounts. (2015 - Nil)
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