Monnata Limited - Accounts

Monnata Limited 10600081 Property consultancy, buy & sell & rent own real estate false 3 February 2017 10600081 2017-02-03 2018-03-31 10600081 2017-02-02 10600081 2018-03-31 10600081 frs102-bus:FRS102 2017-02-03 2018-03-31 10600081 frs102-bus:PrivateLimitedCompanyLtd 2017-02-03 2018-03-31 10600081 frs102-bus:FullAccounts 2017-02-03 2018-03-31 10600081 frs102-bus:AuditExempt-NoAccountantsReport 2017-02-03 2018-03-31 10600081 frs102-core:CurrentFinancialInstruments 2018-03-31 10600081 frs102-core:ShareCapital 2018-03-31 10600081 frs102-core:RetainedEarningsAccumulatedLosses 2018-03-31 10600081 frs102-bus:Director1 2017-02-03 2018-03-31 10600081 frs102-core:LandBuildings 2017-02-03 2018-03-31 10600081 frs102-core:LandBuildings 2018-03-31 10600081 frs102-core:CurrentFinancialInstruments 2017-02-03 2018-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares

	Registered number
	10600081

	Monnata Limited
	Unaudited Accounts
	for the period
	3 February 2017 to 31 March 2018

Monnata Limited Balance Sheet as at 31 March 2018
	Notes		2018 £
Fixed assets
Tangible assets	2		2,019,557
Investments			96,465
			2,116,022

Current assets
Stocks	3	10,949
Cash at bank and in hand		20,660
		31,609

Creditors: amounts falling due within one year	4	(1,003,399)

Net current assets / (liabilities)			(971,790)

Total assets less current liabilities			1,144,232

Total net assets (liabilities)			1,144,232

Capital and reserves
Called up share capital	5		200
Profit and loss account			1,144,032
Shareholders' funds			1,144,232

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 2018 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 3 August 2018

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

Registered Office:

11 Bingham Place
London
W1U 5AY
United Kingdom

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.

	Going concern basis
	The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.

	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.

	Stocks
	Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.

Stocks

Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.

Tangible fixed assets
	Land & buildings	Total
Cost or valuation	£	£
Additions	2,019,557	2,019,557
At 31 March 2018	2,019,557	2,019,557
Depreciation
At 31 March 2018	0	0
Net book value
At 31 March 2018	2,019,557	2,019,557
At 2 February 2017	0	0

3.	Stocks
		2018
		£
	Stocks of raw materials and consumables	10,949
		10,949

4.	Creditors: amounts falling due within one year
		2018
		£
	Other creditors	1,003,399
		1,003,399
	Included in other creditors is £517542 related to Directors' current accounts. No other transactions with related parties were undertaken such as are required to be disclosed under FRSSE.

5.	Share capital
		2018
		£
	Allotted, called up and fully paid:
	100 A Ordinary shares of £1.00 each	100

	Allotted, called up and fully paid:
	100 B Ordinary shares of £1.00 each	100

		200