IRIS Accounts Production v22.2.0.402 07474233 Board of Directors Board of Directors 1.1.21 31.12.21 31.12.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure074742332020-12-31074742332021-12-31074742332021-01-012021-12-31074742332019-12-31074742332020-01-012020-12-31074742332020-12-3107474233ns15:PoundSterling2021-01-012021-12-3107474233ns11:Director12021-01-012021-12-3107474233ns11:Director22021-01-012021-12-3107474233ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3107474233ns11:SmallEntities2021-01-012021-12-3107474233ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3107474233ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3107474233ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3107474233ns11:FullAccounts2021-01-012021-12-3107474233ns11:CompanySecretary12021-01-012021-12-3107474233ns11:RegisteredOffice2021-01-012021-12-3107474233ns6:CurrentFinancialInstruments2021-12-3107474233ns6:CurrentFinancialInstruments2020-12-3107474233ns6:ShareCapital2021-12-3107474233ns6:ShareCapital2020-12-3107474233ns6:RetainedEarningsAccumulatedLosses2021-12-3107474233ns6:RetainedEarningsAccumulatedLosses2020-12-3107474233ns6:PlantMachinery2021-01-012021-12-3107474233ns6:PlantMachinery2020-12-3107474233ns6:PlantMachinery2021-12-3107474233ns6:PlantMachinery2020-12-3107474233ns6:AdditionsToInvestments2021-12-3107474233ns6:CostValuation2021-12-3107474233ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3107474233ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-31
REGISTERED NUMBER: 07474233












Financial Statements

for the Year Ended 31 December 2021

for

MLL RE-SOURCES LIMITED

MLL RE-SOURCES LIMITED (REGISTERED NUMBER: 07474233)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MLL RE-SOURCES LIMITED

Company Information
for the Year Ended 31 December 2021







DIRECTORS: D Mandiwall
Mrs H R Mandiwall





SECRETARY: Mrs H R Mandiwall





REGISTERED OFFICE: C/O Hunter Simmons Ltd
EMP Building, Unit 1
4 Solent Road
HAVANT
Hampshire
PO9 1JH





REGISTERED NUMBER: 07474233





ACCOUNTANTS: Hunter Simmons Ltd
EMP Building
Unit 1, 4 Solent Road
Havant
Portsmouth
Hampshire
PO9 1JH

MLL RE-SOURCES LIMITED (REGISTERED NUMBER: 07474233)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,269 38,524
Investments 5 85,308 -
124,577 38,524

CURRENT ASSETS
Debtors 6 38,118 15,758
Cash at bank and in hand 136,174 118,895
174,292 134,653
CREDITORS
Amounts falling due within one year 7 117,144 46,950
NET CURRENT ASSETS 57,148 87,703
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,725

126,227

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 181,723 126,225
SHAREHOLDERS' FUNDS 181,725 126,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

MLL RE-SOURCES LIMITED (REGISTERED NUMBER: 07474233)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2022 and were signed on its behalf by:




D Mandiwall - Director



Mrs H R Mandiwall - Director


MLL RE-SOURCES LIMITED (REGISTERED NUMBER: 07474233)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

MLL Re-Sources Limited is a private company, limited by shares , registered in Not specified/Other. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

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 year was 2 (2020 - 2 ) .

MLL RE-SOURCES LIMITED (REGISTERED NUMBER: 07474233)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021 76,986
Additions 8,450
At 31 December 2021 85,436
DEPRECIATION
At 1 January 2021 38,462
Charge for year 7,705
At 31 December 2021 46,167
NET BOOK VALUE
At 31 December 2021 39,269
At 31 December 2020 38,524

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 85,308
At 31 December 2021 85,308
NET BOOK VALUE
At 31 December 2021 85,308

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 37,480 15,120
Other debtors 638 638
38,118 15,758

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors (82 ) (82 )
Taxation and social security 43,917 9,989
Other creditors 73,309 37,043
117,144 46,950

MLL RE-SOURCES LIMITED (REGISTERED NUMBER: 07474233)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr D and Mrs H Mandiwall, directors, who each own 50% of the company's issued share capital.