Company Registration No. NI674460 (Northern Ireland)
KL Mulholland Ltd
Unaudited accounts
for the period from 1 December 2021 to 31 March 2023
KL Mulholland Ltd
Unaudited accounts
Contents
KL Mulholland Ltd
Company Information
for the period from 1 December 2021 to 31 March 2023
Director
Miss Kiera Mulholland
Company Number
NI674460 (Northern Ireland)
Registered Office
Oakfield House
12 Aghnadarragh Road
Glenavy
Co. Antrim
BT29 4QG
Northern Ireland
Accountants
SJK
8 Bridge Road
Moira
Co. Armagh
BT67 0PF
KL Mulholland Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
9,074
9,718
Creditors: amounts falling due within one year
(648)
-
Net current assets
9,176
24,719
Total assets less current liabilities
181,975
24,719
Creditors: amounts falling due after more than one year
(196,616)
(27,814)
Net liabilities
(14,641)
(3,095)
Called up share capital
100
100
Profit and loss account
(14,741)
(3,195)
Shareholders' funds
(14,641)
(3,095)
For the period ending 31 March 2023 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 her 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 21 September 2023 and were signed on its behalf by
Miss Kiera Mulholland
Director
Company Registration No. NI674460
KL Mulholland Ltd
Notes to the Accounts
for the period from 1 December 2021 to 31 March 2023
KL Mulholland Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI674460. The registered office is Oakfield House , 12 Aghnadarragh Road, Glenavy, Co. Antrim, BT29 4QG, Northern Ireland.
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.
These financial statements for the period from 1 December 2021 to 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 24 November 2020.
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 the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
20% reducing rate
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
172,240
699
172,939
At 31 March 2023
172,240
699
172,939
Charge for the period
-
140
140
At 31 March 2023
-
140
140
At 31 March 2023
172,240
559
172,799
KL Mulholland Ltd
Notes to the Accounts
for the period from 1 December 2021 to 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
750
-
6
Creditors: amounts falling due within one year
2023
2021
7
Creditors: amounts falling due after more than one year
2023
2021
Loans from directors
196,616
27,814
8
Average number of employees
During the period the average number of employees was 1 (2021: 1).