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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
Page
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MUTIMER P & C LIMITED Company Information for the year ended 30 November 2021
Director
Mr K Mutimer
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
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MUTIMER P & C LIMITED Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Investment property
543,186 
543,186 
Current assets
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)
Net assets
59,842 
56,990 
Capital and reserves
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
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MUTIMER P & C LIMITED Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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MUTIMER P & C LIMITED Notes to the Accounts for the year ended 30 November 2021
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2020
414 
At 30 November 2021
414 
Depreciation
At 1 December 2020
414 
At 30 November 2021
414 
Net book value
At 30 November 2021
- 
5
Investment property
2021 
£ 
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 
355,766 
375,413 
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 
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