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REGISTERED NUMBER: 13175398 (England and Wales)











Unaudited Financial Statements

for the Year Ended 29 February 2024

for

B R Mullin Holdings Limited

B R Mullin Holdings Limited (Registered number: 13175398)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


B R Mullin Holdings Limited

Company Information
for the Year Ended 29 February 2024







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
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,425 2,425

CURRENT ASSETS
Debtors 5 1,087,709 961,828
Cash at bank 14,743 12,719
1,102,452 974,547
CREDITORS
Amounts falling due within one year 6 1,056,066 971,967
NET CURRENT ASSETS 46,386 2,580
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,811

5,005

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 48,611 4,805
48,811 5,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 22 November 2024 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 29 February 2024

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 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 2,425
NET BOOK VALUE
At 29 February 2024 2,425
At 28 February 2023 2,425

B R Mullin Holdings Limited (Registered number: 13175398)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Amounts owed by group undertakings 1,039,963 947,757
Directors' current accounts 47,746 14,071
1,087,709 961,828

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors - 600
Amounts owed to group undertakings 1,054,356 969,807
Accrued expenses 1,710 1,560
1,056,066 971,967

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
B R Mullin
Balance outstanding at start of year 14,071 8,459
Amounts advanced 47,775 45,948
Amounts repaid (14,100 ) (40,336 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 47,746 14,071

The above loan is charged at HMRC official rate of interest and is repaid in full 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.