Company Registration No. 09535705 (England and Wales)
MUTIMER P & C LIMITED
Unaudited accounts
for the year ended 30 November 2021
MUTIMER P & C LIMITED
Unaudited accounts
Contents
MUTIMER P & C LIMITED
Company Information
for the year ended 30 November 2021
Company Number
09535705 (England and Wales)
Registered Office
42 Denton Road
Twickenham
TW1 2HQ
Accountants
TGKS Accountancy Limited
44 Potternewton Mount
Leeds
West Yorkshire
LS7 2DR
MUTIMER P & C LIMITED
Statement of financial position
as at 30 November 2021
Investment property
543,186
543,186
Cash at bank and in hand
4,372
37,448
Creditors: amounts falling due within one year
(355,766)
(375,413)
Net current liabilities
(351,394)
(337,965)
Total assets less current liabilities
191,792
205,221
Creditors: amounts falling due after more than one year
(131,950)
(148,231)
Called up share capital
100
100
Profit and loss account
59,742
56,890
Shareholders' funds
59,842
56,990
For the year ending 30 November 2021 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2022 and were signed on its behalf by
Mr K Mutimer
Director
Company Registration No. 09535705
MUTIMER P & C LIMITED
Notes to the Accounts
for the year ended 30 November 2021
MUTIMER P & C LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09535705. The registered office is 42 Denton Road, Twickenham, TW1 2HQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended
30 November 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
9 below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line basis
MUTIMER P & C LIMITED
Notes to the Accounts
for the year ended 30 November 2021
4
Tangible fixed assets
Plant & machinery
Fair value at 1 December 2020
543,186
At 30 November 2021
543,186
The director believes the book value represent the current value of the properties
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
11,383
Taxes and social security
668
1,815
Loans from directors
355,098
362,215
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
131,950
148,231
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
9
Reconciliations on adoption of FRS 102
Reconciliation of equity
1 December 2019
30 November 2020
Capital and reserves (as previously stated)
7,692
56,990
Depreciation on Investment Property
41,701
-
Capital and reserves (as restated)
49,393
56,990