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REGISTERED NUMBER: 12870147 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

10 SEPTEMBER 2020 TO 30 SEPTEMBER 2021

FOR

MULINO RM LTD

MULINO RM LTD (REGISTERED NUMBER: 12870147)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 10 September 2020 to 30 September 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MULINO RM LTD

COMPANY INFORMATION
for the Period 10 September 2020 to 30 September 2021







DIRECTORS: Ms W L Green
C Wilson
Ms M Barkess
Ms N Sammon





REGISTERED OFFICE: Il Mulino
60 Roby Mill
Roby Mill
Skelmersdale
Lancashire
WN8 0QQ





REGISTERED NUMBER: 12870147 (England and Wales)





ACCOUNTANTS: Fairhurst
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

MULINO RM LTD (REGISTERED NUMBER: 12870147)

STATEMENT OF FINANCIAL POSITION
30 September 2021

Notes £    £   
FIXED ASSETS
Tangible assets 4 82,761

CURRENT ASSETS
Stocks 15,424
Debtors 5 895
Cash at bank and in hand 43,162
59,481
CREDITORS
Amounts falling due within one year 6 292,175
NET CURRENT LIABILITIES (232,694 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(149,933

)

PROVISIONS FOR LIABILITIES 15,725
NET LIABILITIES (165,658 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (165,758 )
(165,658 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(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 Sections 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.

MULINO RM LTD (REGISTERED NUMBER: 12870147)

STATEMENT OF FINANCIAL POSITION - continued
30 September 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2022 and were signed on its behalf by:




Ms W L Green - Director C Wilson - Director




Ms N Sammon - Director


MULINO RM LTD (REGISTERED NUMBER: 12870147)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 10 September 2020 to 30 September 2021

1. STATUTORY INFORMATION

Mulino RM 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of section 1A "Small Entities" 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 cost convention.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The principle accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover represents the amounts received or receivable for goods or services provided to customers in the year, excluding value added tax.

Turnover is recognised when the goods/services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Government grants
Grant income received in respect of the Coronavirus Small Business Grant Fund has been recognised in the accounting period it was received on the basis that entitlement criteria is met and it does not have any performance criteria as its purpose is to provide immediate financial support.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company has elected to apply the provisions of FRS 102 Section 11 'Basic Financial Instruments' to all of its financial instruments.

The following assets and liabilities are classified as financial liabilities, Directors loan accounts, trade creditors and accruals.

Financial instruments that are payable or receivable within one year, typically Directors loan accounts, trade creditors and accruals are measured initially and subsequently at the undiscounted amount of cash or consideration that is expected to be paid or received.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


MULINO RM LTD (REGISTERED NUMBER: 12870147)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 10 September 2020 to 30 September 2021

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 21 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 97,366
At 30 September 2021 97,366
DEPRECIATION
Charge for period 14,605
At 30 September 2021 14,605
NET BOOK VALUE
At 30 September 2021 82,761

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 895

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 37,452
Taxation and social security 25,608
Other creditors 229,115
292,175

MULINO RM LTD (REGISTERED NUMBER: 12870147)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 10 September 2020 to 30 September 2021

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 42,000
Between one and five years 42,000
In more than five years 16,781
100,781