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REGISTERED NUMBER: 01903209 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

MOSSMEAD LIMITED

MOSSMEAD LIMITED (REGISTERED NUMBER: 01903209)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOSSMEAD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: J W Luckett
L M Luckett





SECRETARY: J W Luckett





REGISTERED OFFICE: The Cast Iron Radiator Centre
241 Torrington Avenue
Tile Hill
Coventry
CV4 9AP





REGISTERED NUMBER: 01903209 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA

MOSSMEAD LIMITED (REGISTERED NUMBER: 01903209)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 180,813 165,719
Investments 5 1,512,183 1,286,619
1,692,996 1,452,338

CURRENT ASSETS
Stocks 345,000 340,000
Debtors 6 28,398 31,820
Cash at bank 836,347 1,062,898
1,209,745 1,434,718
CREDITORS
Amounts falling due within one year 7 364,623 498,236
NET CURRENT ASSETS 845,122 936,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,538,118

2,388,820

PROVISIONS FOR LIABILITIES 157,966 3,036
NET ASSETS 2,380,152 2,385,784

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 474,944 299,317
Retained earnings 1,905,206 2,086,465
SHAREHOLDERS' FUNDS 2,380,152 2,385,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

MOSSMEAD LIMITED (REGISTERED NUMBER: 01903209)

BALANCE SHEET - continued
30 JUNE 2024


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 7 October 2024 and were signed on its behalf by:





J W Luckett - Director


MOSSMEAD LIMITED (REGISTERED NUMBER: 01903209)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Mossmead 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MOSSMEAD LIMITED (REGISTERED NUMBER: 01903209)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued

Listed investments
Listed investments are revalued each year to market value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 85,139 155,999 1,008 242,146
Additions - 65,445 - 65,445
Disposals (3,500 ) (49,750 ) - (53,250 )
At 30 June 2024 81,639 171,694 1,008 254,341
DEPRECIATION
At 1 July 2023 30,888 45,438 101 76,427
Charge for year 5,397 34,293 907 40,597
Eliminated on disposal (3,221 ) (40,275 ) - (43,496 )
At 30 June 2024 33,064 39,456 1,008 73,528
NET BOOK VALUE
At 30 June 2024 48,575 132,238 - 180,813
At 30 June 2023 54,251 110,561 907 165,719

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
At 1 July 2023 1,286,619
Additions 15,000
Disposals (121,939 )
Revaluations 332,503
At 30 June 2024 1,512,183
NET BOOK VALUE
At 30 June 2024 1,512,183
At 30 June 2023 1,286,619

MOSSMEAD LIMITED (REGISTERED NUMBER: 01903209)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 June 2024 is represented by:

Listed
investments
£   
Valuation in 2017 648,259
Valuation in 2018 251,908
Valuation in 2019 (242,079 )
Valuation in 2020 402,513
Valuation in 2021 774,726
Valuation in 2022 (373,430 )
Valuation in 2023 (175,278 )
Valuation in 2024 225,564
1,512,183

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 880,444 984,824
Aggregate provisions (631,739 ) (301,795 )

Fixed asset investments were valued on an open market basis on 30 April 2024 by Hargreaves Lansdown .

Market value of listed investments at 30 June 2024 - £ 1,512,183 .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 800
Other debtors 28,398 31,020
28,398 31,820

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 20,557 73,540
Taxation and social security 261,528 206,250
Other creditors 82,538 218,446
364,623 498,236

MOSSMEAD LIMITED (REGISTERED NUMBER: 01903209)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 20,000 30,000

9. ULTIMATE CONTROLLING PARTY

The company's ultimate parent company is NLJ Holdings Limited, registered office 241 Torrington Avenue, Coventry, England, CV4 9AP.