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REGISTERED NUMBER: 08011879















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

HERBERT MITCHELL LIMITED

HERBERT MITCHELL LIMITED (REGISTERED NUMBER: 08011879)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HERBERT MITCHELL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: M J Bubb
R Bubb
A V Bubb
J R Bubb
J W Bubb





SECRETARY: A V Bubb





REGISTERED OFFICE: Lynn South Farm
Lynn
Newport
Shropshire
TF10 9BB





REGISTERED NUMBER: 08011879





ACCOUNTANTS: Murray Smith LLP
Chartered Accountants
Darland House
44 Winnington Hill
Northwich
Cheshire
CW8 1AU

HERBERT MITCHELL LIMITED (REGISTERED NUMBER: 08011879)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 37,400 37,400
37,401 37,401

CURRENT ASSETS
Debtors 6 1,023 2,723
Cash at bank 5,201 615
6,224 3,338
CREDITORS
Amounts falling due within one year 7 45,744 54,422
NET CURRENT LIABILITIES (39,520 ) (51,084 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,119

)

(13,683

)

CREDITORS
Amounts falling due after more than one
year

8

289,140

239,000
NET LIABILITIES (291,259 ) (252,683 )

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings (291,361 ) (252,785 )
SHAREHOLDERS' FUNDS (291,259 ) (252,683 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

HERBERT MITCHELL LIMITED (REGISTERED NUMBER: 08011879)

BALANCE SHEET - continued
31 MARCH 2023


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 16 November 2023 and were signed on its behalf by:





A V Bubb - Director


HERBERT MITCHELL LIMITED (REGISTERED NUMBER: 08011879)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Herbert Mitchell 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Mineral
rights
£   
COST
At 1 April 2022
and 31 March 2023 1
NET BOOK VALUE
At 31 March 2023 1
At 31 March 2022 1

In the period ended 31 March 2013, mineral rights with a market value of £62,000 were gifted to the company from two of the directors, M J Bubb and Mrs R Bubb.

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2022
and 31 March 2023 37,400
NET BOOK VALUE
At 31 March 2023 37,400
At 31 March 2022 37,400

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT 1,023 2,723

HERBERT MITCHELL LIMITED (REGISTERED NUMBER: 08011879)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,050 9,803
Directors' loan accounts 43,694 43,694
Accruals and deferred income 1,000 925
45,744 54,422

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Loan from related company 289,140 239,000

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.

10. GOING CONCERN

The financial statements have been prepared on a going concern basis as the directors have confirmed that they will continue to support the company.