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REGISTERED NUMBER: 13175398 (England and Wales)











Unaudited Financial Statements

for the Year Ended 28 February 2023

for

B R Mullin Holdings Limited

B R Mullin Holdings Limited (Registered number: 13175398)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


B R Mullin Holdings Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: B R Mullin





REGISTERED OFFICE: Leofric House
18B Binley Road
Coventry
West Midlands
CV3 1JN





REGISTERED NUMBER: 13175398 (England and Wales)





ACCOUNTANTS: Leigh Christou Ltd
Chartered Certified Accountants
Leofric House
Binley Road
Coventry
CV3 1JN

B R Mullin Holdings Limited (Registered number: 13175398)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,425 2,425

CURRENT ASSETS
Debtors 5 961,828 266,294
Cash at bank 12,719 118,210
974,547 384,504
CREDITORS
Amounts falling due within one year 6 971,967 377,769
NET CURRENT ASSETS 2,580 6,735
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,005

9,160

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 4,805 8,960
5,005 9,160

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:




B R Mullin - Director


B R Mullin Holdings Limited (Registered number: 13175398)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

B R Mullin Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2022
and 28 February 2023 2,425
NET BOOK VALUE
At 28 February 2023 2,425
At 28 February 2022 2,425

B R Mullin Holdings Limited (Registered number: 13175398)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Accessory House Global Limited
Registered office: Leofric House, 18b Binley Road, Coventry, CV3 1JN
Nature of business: Amazon Dropshipping
%
Class of shares: holding
Ordinary 100.00
28.2.23 28.2.22
£    £   
Aggregate capital and reserves 2,211,293 1,940,521
Profit for the year 311,108 554,108

Primrose Finance Limited
Registered office: Leofric House, 18b Binley Road, Coventry, CV3 1JN
Nature of business: Cryptocurrency Trading & Investment Company
%
Class of shares: holding
Ordinary 100.00
28.2.23 28.2.22
£    £   
Aggregate capital and reserves (425,372 ) (255,950 )
Loss for the year (169,422 ) (256,050 )

Primrose Group Realty Limited
Registered office: Leofric House, 18b Binley Road, Coventry, CV3 1JN
Nature of business: Buying & Selling of Real Estate
%
Class of shares: holding
Ordinary 100.00
28.2.23 28.2.22
£    £   
Aggregate capital and reserves (21,840 ) 100
Loss for the year (21,940 ) -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Amounts owed by group undertakings 947,757 257,835
Directors' current accounts 14,071 8,459
961,828 266,294

B R Mullin Holdings Limited (Registered number: 13175398)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 600 -
Amounts owed to group undertakings 969,807 376,269
Accrued expenses 1,560 1,500
971,967 377,769

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2023 and the period ended 28 February 2022:

28.2.23 28.2.22
£    £   
B R Mullin
Balance outstanding at start of year 8,459 -
Amounts advanced 45,948 8,459
Amounts repaid (40,336 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,071 8,459

The above loan ischarged at the commercial rate of interest and is fully repaid following the balance sheet date.

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B R Mullin by virtue of their 100% shareholding in the company.