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REGISTERED NUMBER: 10521208 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

MOSUM LIMITED

MOSUM LIMITED (REGISTERED NUMBER: 10521208)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOSUM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: P Lakhanpaul
R Lakhanpaul





REGISTERED OFFICE: No 112
Commercial Road
London
E1 1NU





REGISTERED NUMBER: 10521208 (England and Wales)





ACCOUNTANTS: Cheshams Accountants Ltd
Chartered Certified Accountants
Suite 16,Neals Corner
2 Bath Road
Hounslow
Middlesex
TW3 3HJ

MOSUM LIMITED (REGISTERED NUMBER: 10521208)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,813,406 4,761,861

CURRENT ASSETS
Debtors 5 71,000 143,000
Cash at bank 228,460 150,998
299,460 293,998
CREDITORS
Amounts falling due within one year 6 2,269,324 2,317,162
NET CURRENT LIABILITIES (1,969,864 ) (2,023,164 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,843,542

2,738,697

CREDITORS
Amounts falling due after more than one year 7 2,473,000 2,505,000
NET ASSETS 370,542 233,697

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 370,442 233,597
SHAREHOLDERS' FUNDS 370,542 233,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

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 29 September 2023 and were signed on its behalf by:





P Lakhanpaul - Director


MOSUM LIMITED (REGISTERED NUMBER: 10521208)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Mosum Limited 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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

MOSUM LIMITED (REGISTERED NUMBER: 10521208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 January 2022 4,722,540 84,120 35,880 4,842,540
Additions - 28,420 45,840 74,260
At 31 December 2022 4,722,540 112,540 81,720 4,916,800
DEPRECIATION
At 1 January 2022 - 56,556 24,123 80,679
Charge for year - 11,196 11,519 22,715
At 31 December 2022 - 67,752 35,642 103,394
NET BOOK VALUE
At 31 December 2022 4,722,540 44,788 46,078 4,813,406
At 31 December 2021 4,722,540 27,564 11,757 4,761,861

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 36,000 108,000
Amounts owed by associates 35,000 35,000
71,000 143,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 22,000 120,000
Trade creditors 44,046 -
Tax 14,433 18,652
VAT 16,535 11,640
Other creditors 1,000 -
Directors' current accounts 8,639 4,319
Directors' loan accounts 2,101,351 2,101,351
Accruals and deferred income 60,000 60,000
Accrued expenses 1,320 1,200
2,269,324 2,317,162

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans - 2-5 years 25,000 45,000
Bank loans more 5 yr by instal 2,448,000 -
Other loans more 5yrs non-inst - 2,460,000
2,473,000 2,505,000

MOSUM LIMITED (REGISTERED NUMBER: 10521208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2022 2021
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst - 2,460,000

Repayable by instalments
Bank loans more 5 yr by instal 2,448,000 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1.00 100 100

9. RESERVES
Retained
earnings
£   

At 1 January 2022 233,597
Profit for the year 136,845
At 31 December 2022 370,442

10. RELATED PARTY DISCLOSURES

During the financial year , rents received of £ 300,000( net) was paid by Members Ltd. At the year end there was £36,000 amount of rent outstanding from Members Ltd. The Directors of Mosum Ltd were also directors of Members Ltd.