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REGISTERED NUMBER: 09487514 (England and Wales)















Report of the Directors and

Unaudited Financial Statements

for the Period 30 November 2021 to 30 November 2022

for

Mold Investments Ltd

Mold Investments Ltd (Registered number: 09487514)






Contents of the Financial Statements
for the Period 30 November 2021 to 30 November 2022




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Mold Investments Ltd

Company Information
for the Period 30 November 2021 to 30 November 2022







DIRECTORS: Miss L A Gray
S M O'Grady





REGISTERED OFFICE: 27 Victoria Road
Formby
Liverpool
Merseyside
L37 7AQ





REGISTERED NUMBER: 09487514 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Mold Investments Ltd (Registered number: 09487514)

Report of the Directors
for the Period 30 November 2021 to 30 November 2022

The directors present their report with the financial statements of the company for the period 30 November 2021 to 30 November 2022.

PRINCIPAL ACTIVITY
The principal activity of the company in the period under review was that of Mining , quarrying and waste disposal.

DIRECTORS
The directors shown below have held office during the whole of the period from 30 November 2021 to the date of this report.

Miss L A Gray
S M O'Grady

Other changes in directors holding office are as follows:

M J Holloway - resigned 8 December 2021
A M Jacques - resigned 8 December 2021

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S M O'Grady - Director


10 November 2023

Mold Investments Ltd (Registered number: 09487514)

Income Statement
for the Period 30 November 2021 to 30 November 2022

Period Period
30.11.21 1.4.21
to to
30.11.22 29.11.21
Notes £    £   

TURNOVER 38,680 849,446

Cost of sales 53,892 516,624
GROSS (LOSS)/PROFIT (15,212 ) 332,822

Administrative expenses 268,984 418,148
(284,196 ) (85,326 )

Other operating income 3,000,725 370,305
OPERATING PROFIT and
PROFIT BEFORE TAXATION 2,716,529 284,979

Tax on profit - 50,581
PROFIT FOR THE FINANCIAL PERIOD 2,716,529 234,398

Mold Investments Ltd (Registered number: 09487514)

Balance Sheet
30 November 2022

30.11.22 29.11.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 4,608,600 4,741,229
Investment property 7 700,000 700,000
5,308,600 5,441,229

CURRENT ASSETS
Debtors 8 24,099 45,884
Cash at bank 41,525 36,165
65,624 82,049
CREDITORS
Amounts falling due within one year 9 375,691 46,774
NET CURRENT (LIABILITIES)/ASSETS (310,067 ) 35,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,998,533

5,476,504

CREDITORS
Amounts falling due after more than one year 10 (1,782,763 ) (4,977,263 )

PROVISIONS FOR LIABILITIES (60,897 ) (60,897 )
NET ASSETS 3,154,873 438,344

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 11 56,362 56,362
Retained earnings 3,098,411 381,882
3,154,873 438,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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.

Mold Investments Ltd (Registered number: 09487514)

Balance Sheet - continued
30 November 2022


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

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by:





S M O'Grady - Director


Mold Investments Ltd (Registered number: 09487514)

Notes to the Financial Statements
for the Period 30 November 2021 to 30 November 2022

1. STATUTORY INFORMATION

Mold Investments 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
COVID-19 is not expected to have a significant impact on the entity. Management has determined that there
is no material uncertainty that casts doubt on the entity's ability to continue as a going concern.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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 balance sheet date.


Mold Investments Ltd (Registered number: 09487514)

Notes to the Financial Statements - continued
for the Period 30 November 2021 to 30 November 2022

2. ACCOUNTING POLICIES - continued
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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2021 - 1 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

Period Period
30.11.21 1.4.21
to to
30.11.22 29.11.21
£    £   
Depreciation - owned assets 62,629 65,677

5. EXCEPTIONAL ITEMS
Period Period
30.11.21 1.4.21
to to
30.11.22 29.11.21
£    £   
Exceptional items 2,990,000 125,000

The exceptional item in the year , totalling £2,990,000 , is in respect of the settlement of an outstanding debt owing to BCS Plant Ltd and represents the balance written off within the agreement.

Mold Investments Ltd (Registered number: 09487514)

Notes to the Financial Statements - continued
for the Period 30 November 2021 to 30 November 2022

6. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 30 November 2021 4,420,718 565,177 4,985,895
Disposals - (100,000 ) (100,000 )
At 30 November 2022 4,420,718 465,177 4,885,895
DEPRECIATION
At 30 November 2021 - 244,666 244,666
Charge for period - 62,629 62,629
Eliminated on disposal - (30,000 ) (30,000 )
At 30 November 2022 - 277,295 277,295
NET BOOK VALUE
At 30 November 2022 4,420,718 187,882 4,608,600
At 29 November 2021 4,420,718 320,511 4,741,229

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 November 2021
and 30 November 2022 700,000
NET BOOK VALUE
At 30 November 2022 700,000
At 29 November 2021 700,000

Investment property consists of 4 cottages , nos. 3,4,5 & 6 at Parry's Quarry , Pinfold Lane , Mold.

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 29.11.21
£    £   
Trade debtors 14,709 34,010
Other debtors 9,390 11,874
24,099 45,884

Mold Investments Ltd (Registered number: 09487514)

Notes to the Financial Statements - continued
for the Period 30 November 2021 to 30 November 2022

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 29.11.21
£    £   
Trade creditors 34,048 40,594
Taxation and social security 4,180 4,180
Other creditors 337,463 2,000
375,691 46,774

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.22 29.11.21
£    £   
Other creditors 1,782,763 4,977,263

11. RESERVES
Revaluation
reserve
£   
At 30 November 2021
and 30 November 2022 56,362

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 30 November 2022 and 29 November 2021:

30.11.22 29.11.21
£    £   
S M O'Grady
Balance outstanding at start of period - -
Amounts advanced 25,000 -
Amounts repaid (200,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (175,000 ) -

13. CREDITORS - AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Included in creditors are amounts owing to Joseph Holloway Holdings Ltd ; Warwickshire Recycling Services Ltd and Eastlands Demolition which are currently being disputed and which ultimately may not be payable.

14. UNSECURED CREDIT

The Company has an unsecured line of credit from North East Plant Ltd of up to £5,000,000 if required.