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Company Registration No. 08445744 (England and Wales)
MULLEN EWI LIMITED Unaudited accounts for the year ended 31 March 2024
MULLEN EWI LIMITED Unaudited accounts Contents
Page
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MULLEN EWI LIMITED Company Information for the year ended 31 March 2024
Director
Mr G Mullen
Company Number
08445744 (England and Wales)
Registered Office
13 PURBROCK AVENUE WATFORD WD25 0AD ENGLAND
Accountants
P A Hull & Co Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of MULLEN EWI LIMITED for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MULLEN EWI LIMITED for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of MULLEN EWI LIMITED, as a body, in accordance with the terms of our engagement letter dated 23 December 2024. Our work has been undertaken solely to prepare for your approval the accounts of MULLEN EWI LIMITED and state those matters that we have agreed to state to the Board of Directors of MULLEN EWI LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MULLEN EWI LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MULLEN EWI LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MULLEN EWI LIMITED. You consider that MULLEN EWI LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MULLEN EWI LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
P A Hull & Co Chartered Accountants Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA 23 December 2024
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MULLEN EWI LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,716 
21,758 
Current assets
Debtors
484,947 
420,511 
Cash at bank and in hand
261,371 
91,988 
746,318 
512,499 
Creditors: amounts falling due within one year
(69,241)
(64,910)
Net current assets
677,077 
447,589 
Total assets less current liabilities
699,793 
469,347 
Creditors: amounts falling due after more than one year
(32,164)
(41,117)
Provisions for liabilities
Deferred tax
(4,316)
(4,134)
Net assets
663,313 
424,096 
Capital and reserves
Called up share capital
120 
100 
Profit and loss account
663,193 
423,996 
Shareholders' funds
663,313 
424,096 
For the year ending 31 March 2024 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 23 December 2024 and were signed on its behalf by
Mr G Mullen Director Company Registration No. 08445744
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MULLEN EWI LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MULLEN EWI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08445744. The registered office is 13 PURBROCK AVENUE, WATFORD, WD25 0AD, 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
4,350 
49,590 
2,180 
56,120 
Additions
- 
8,299 
- 
8,299 
At 31 March 2024
4,350 
57,889 
2,180 
64,419 
Depreciation
At 1 April 2023
3,956 
29,399 
1,007 
34,362 
Charge for the year
98 
6,950 
293 
7,341 
At 31 March 2024
4,054 
36,349 
1,300 
41,703 
Net book value
At 31 March 2024
296 
21,540 
880 
22,716 
At 31 March 2023
394 
20,191 
1,173 
21,758 
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MULLEN EWI LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
234,927 
170,511 
Other debtors
250,020 
250,000 
484,947 
420,511 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,540 
5,506 
VAT
(840)
813 
Obligations under finance leases and hire purchase contracts
3,554 
5,405 
Trade creditors
- 
2,448 
Taxes and social security
56,419 
44,348 
Other creditors
2,568 
4,390 
Accruals
2,000 
2,000 
69,241 
64,910 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,589 
34,988 
Obligations under finance leases and hire purchase contracts
2,575 
6,129 
32,164 
41,117 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
120 Ordinary shares of £1 each
120 
100 
Shares issued during the period:
20 Ordinary shares of £1 each
20 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr G Mullen
Loan
250,000 
- 
- 
250,000 
250,000 
- 
- 
250,000 
The loan was repaid within 9 months of the year end.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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