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REGISTERED NUMBER: 02999140 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

T. Mullen (Properties) Limited

T. Mullen (Properties) Limited (Registered number: 02999140)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


T. Mullen (Properties) Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: T Mullen
Mrs M Mullen





SECRETARY: T Mullen





REGISTERED OFFICE: Manor Works
Bradford Road
East Ardsley
Wakefield
WF3 2HE





REGISTERED NUMBER: 02999140 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

T. Mullen (Properties) Limited (Registered number: 02999140)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 273,039 273,039

CURRENT ASSETS
Cash at bank 1 1

CREDITORS
Amounts falling due within one year 5 148,459 147,763
NET CURRENT LIABILITIES (148,458 ) (147,762 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,581

125,277

CAPITAL AND RESERVES
Called up share capital 6 100,000 100,000
Fair value reserve 7 27,736 27,736
Retained earnings 7 (3,155 ) (2,459 )
SHAREHOLDERS' FUNDS 124,581 125,277

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

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

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 25 July 2024 and were signed on its behalf by:





T Mullen - Director


T. Mullen (Properties) Limited (Registered number: 02999140)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

T. Mullen (Properties) 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.

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.

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 NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 273,039
NET BOOK VALUE
At 31 October 2023 273,039
At 31 October 2022 273,039

T. Mullen (Properties) Limited (Registered number: 02999140)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Directors' current accounts 147,859 147,163
Other creditors and accruals 600 600
148,459 147,763

6. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100,000 Share capital £1 100,000 100,000

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 November 2022 (2,459 ) 27,736 25,277
Deficit for the year (696 ) (696 )
At 31 October 2023 (3,155 ) 27,736 24,581

8. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its directors.