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Company Registration No. 11714573 (England and Wales)
Mullally Ltd Unaudited accounts for the year ended 31 December 2023
Mullally Ltd Unaudited accounts Contents
Page
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Mullally Ltd Company Information for the year ended 31 December 2023
Director
Thomas Sean George Mullally
Company Number
11714573 (England and Wales)
Registered Office
2 QUEENS GARDENS BROADSTAIRS KENT CT10 1QE ENGLAND
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Mullally Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,552 
1,035 
Current assets
Debtors
32,145 
4,869 
Cash at bank and in hand
7,544 
4,093 
39,689 
8,962 
Creditors: amounts falling due within one year
(38,046)
(9,847)
Net current assets/(liabilities)
1,643 
(885)
Net assets
4,195 
150 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,194 
149 
Shareholders' funds
4,195 
150 
For the year ending 31 December 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 his 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 20 September 2024 and were signed on its behalf by
Thomas Sean George Mullally Director Company Registration No. 11714573
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Mullally Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Mullally Ltd is a private company, limited by shares, registered in England and Wales, registration number 11714573. The registered office is 2 QUEENS GARDENS, BROADSTAIRS, KENT, CT10 1QE, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
3 years
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
2,146 
Additions
3,348 
At 31 December 2023
5,494 
Depreciation
At 1 January 2023
1,111 
Charge for the year
1,831 
At 31 December 2023
2,942 
Net book value
At 31 December 2023
2,552 
At 31 December 2022
1,035 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,145 
2,208 
Other debtors
- 
2,661 
32,145 
4,869 
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Mullally Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
5,769 
Trade creditors
- 
240 
Taxes and social security
9,266 
3,838 
Deferred income
28,780 
- 
38,046 
9,847 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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