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REGISTERED NUMBER: 04824096 (England and Wales)















Report of the Directors and

Audited Financial Statements for the Year Ended 31 March 2022

for

Mansion House Holdings Ltd

Mansion House Holdings Ltd (Registered number: 04824096)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 3

Statement of Comprehensive Income 6

Balance Sheet 7

Statement of Changes in Equity 8

Notes to the Financial Statements 9


Mansion House Holdings Ltd

Company Information
for the Year Ended 31 March 2022







DIRECTORS: Mr S D Eccles
Mr C Payne





REGISTERED OFFICE: 6 Whittle Road
Hadleigh Road Industrial Estate
Ipswich
Suffolk
IP2 0UH





REGISTERED NUMBER: 04824096 (England and Wales)





AUDITORS: Cunninghams Statutory Auditors
Number Sixty One
Alexandra Road
Lowestoft
Suffolk
NR32 1PL

Mansion House Holdings Ltd (Registered number: 04824096)

Report of the Directors
for the Year Ended 31 March 2022

The directors present their report with the financial statements of the company for the year ended 31 March 2022.

DIVIDENDS
No dividends will be distributed for the year ended 31 March 2022.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2021 to the date of this report.

Mr S D Eccles
Mr C Payne

Other changes in directors holding office are as follows:

Mr R C Graves - resigned 1 March 2022

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Cunninghams Statutory Auditors, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





Mr S D Eccles - Director


17 August 2022

Report of the Independent Auditors to the Members of
Mansion House Holdings Ltd

Opinion
We have audited the financial statements of Mansion House Holdings Ltd (the 'company') for the year ended 31 March 2022 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 March 2022;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Mansion House Holdings Ltd


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

- Enquiry of management around actual and potential litigation and claims;
- Reviewing minutes of meetings of those charged with governance;
- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.
- Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
Mansion House Holdings Ltd


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Benjamin Lynes (Senior Statutory Auditor)
for and on behalf of Cunninghams Statutory Auditors
Number Sixty One
Alexandra Road
Lowestoft
Suffolk
NR32 1PL

24 August 2022

Mansion House Holdings Ltd (Registered number: 04824096)

Statement of Comprehensive
Income
for the Year Ended 31 March 2022

31.3.22 31.3.21
Notes £    £   

TURNOVER - -
OPERATING PROFIT 4 - -

Income from shares in group undertakings - 11,702
PROFIT BEFORE TAXATION - 11,702

Tax on profit 5 - -
PROFIT FOR THE FINANCIAL YEAR - 11,702

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

-

11,702

Mansion House Holdings Ltd (Registered number: 04824096)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £   
FIXED ASSETS
Investments 7 1,813,461 1,813,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,813,461

1,813,461

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,813,361 1,813,361
SHAREHOLDERS' FUNDS 1,813,461 1,813,461

The financial statements were approved by the Board of Directors and authorised for issue on 17 August 2022 and were signed on its behalf by:




Mr S D Eccles - Director



Mr C Payne - Director


Mansion House Holdings Ltd (Registered number: 04824096)

Statement of Changes in Equity
for the Year Ended 31 March 2022

Called up
share Retained Total
capital earnings equity
£    £    £   

Balance at 1 April 2020 100 1,813,361 1,813,461

Changes in equity
Dividends - (11,702 ) (11,702 )
Total comprehensive income - 11,702 11,702
Balance at 31 March 2021 100 1,813,361 1,813,461

Changes in equity
Balance at 31 March 2022 100 1,813,361 1,813,461

Mansion House Holdings Ltd (Registered number: 04824096)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Mansion House Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with 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 cost convention.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards and United Kingdom Generally Accepted Accounting Practice, which has been applied consistently, except as otherwise stated.

FINANCIAL REPORTING STANDARD 102 - REDUCED DISCLOSURE EXEMPTIONS
The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements contain information about Mansion House Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Mansion House Bedding Group Limited, 6 Whittle Road, Hadleigh Road Industrial Estate, Ipswich, Suffolk, IP2 0UH.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

There were no staff costs for the year ended 31 March 2022 nor for the year ended 31 March 2021.

The average number of employees during the year was NIL (2021 - NIL).

31.3.22 31.3.21
£    £   
Directors' remuneration - -

4. OPERATING PROFIT

The company's operating profit for the year was nil since it is a non-trading holding company.

Mansion House Holdings Ltd (Registered number: 04824096)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

5. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 31 March 2022 nor for the year ended 31 March 2021.

6. DIVIDENDS
31.3.22 31.3.21
£    £   
Ordinary shares of £1 each
Interim - 11,702

7. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2021
and 31 March 2022 1,813,461
NET BOOK VALUE
At 31 March 2022 1,813,461
At 31 March 2021 1,813,461

The company's investments at the Balance Sheet date in the share capital of companies include the following:

The Mansion House Bedding Company Limited
Registered office: 6 Whittle Road, Hadleigh Road Industrial Estate, Ipswich, Suffolk, IP2 0UH
Nature of business: Bed manufacturer
%
Class of shares: holding
Ordinary 100.00
31.3.22 31.3.21
£    £   
Aggregate capital and reserves 2,182,058 1,587,735
Profit for the year 594,323 375,896

The Old English Bed Company Limited
Registered office: 6 Whittle Road, Hadleigh Road Industrial Estate, Ipswich, Suffolk, IP2 0UH
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00
31.3.22 31.3.21
£    £   
Aggregate capital and reserves 2 2

Mansion House Holdings Ltd (Registered number: 04824096)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

7. FIXED ASSET INVESTMENTS - continued

Glanmar Limited
Registered office: 6 Whittle Road, Hadleigh Road Industrial Estate, Ipswich, Suffolk, IP2 0UH
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00
31.3.22 31.3.21
£    £   
Aggregate capital and reserves 1 1

Beds Direct 2U Limited
Registered office: 6 Whittle Road, Hadleigh Road Industrial Estate, Ipswich, Suffolk, IP2 0UH
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00
31.3.22 31.3.21
£    £   
Aggregate capital and reserves 1 1

J Mattison Limited
Registered office: 6 Whittle Road, Hadleigh Road Industrial Estate, Ipswich, Suffolk, IP2 0UH
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00
31.3.22 31.3.21
£    £   
Aggregate capital and reserves 1 1

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2021 1,813,361
Profit for the year -
At 31 March 2022 1,813,361

10. ULTIMATE PARENT COMPANY

Mansion House Bedding Group Limited is regarded by the directors as being the company's ultimate parent company.