IRIS Accounts Production v24.3.0.553 12870147 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128701472022-09-30128701472023-09-30128701472022-10-012023-09-30128701472021-09-30128701472021-10-012022-09-30128701472022-09-3012870147ns15:EnglandWales2022-10-012023-09-3012870147ns14:PoundSterling2022-10-012023-09-3012870147ns10:Director12022-10-012023-09-3012870147ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3012870147ns10:SmallEntities2022-10-012023-09-3012870147ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3012870147ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3012870147ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3012870147ns10:FullAccounts2022-10-012023-09-3012870147ns10:Director22022-10-012023-09-3012870147ns10:RegisteredOffice2022-10-012023-09-3012870147ns5:CurrentFinancialInstruments2023-09-3012870147ns5:CurrentFinancialInstruments2022-09-3012870147ns5:ShareCapital2023-09-3012870147ns5:ShareCapital2022-09-3012870147ns5:RetainedEarningsAccumulatedLosses2023-09-3012870147ns5:RetainedEarningsAccumulatedLosses2022-09-3012870147ns5:PlantMachinery2022-09-3012870147ns5:PlantMachinery2022-10-012023-09-3012870147ns5:PlantMachinery2023-09-3012870147ns5:PlantMachinery2022-09-3012870147ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3012870147ns5:WithinOneYearns5:CurrentFinancialInstruments2022-09-3012870147ns5:WithinOneYear2023-09-3012870147ns5:WithinOneYear2022-09-3012870147ns5:BetweenOneFiveYears2023-09-3012870147ns5:BetweenOneFiveYears2022-09-3012870147ns5:AllPeriods2023-09-3012870147ns5:AllPeriods2022-09-30
REGISTERED NUMBER: 12870147 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

MULINO RM LTD

MULINO RM LTD (REGISTERED NUMBER: 12870147)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MULINO RM LTD

COMPANY INFORMATION
for the Year Ended 30 September 2023







DIRECTORS: Ms W L Green
C Wilson





REGISTERED OFFICE: Il Mulino
60 Roby Mill
Roby Mill
Skelmersdale
Lancashire
WN8 0QQ





REGISTERED NUMBER: 12870147 (England and Wales)





ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

MULINO RM LTD (REGISTERED NUMBER: 12870147)

STATEMENT OF FINANCIAL POSITION
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 57,933 70,346

CURRENT ASSETS
Stocks 15,785 16,478
Debtors 5 1,538 1,801
Cash at bank and in hand 31,927 21,409
49,250 39,688
CREDITORS
Amounts falling due within one year 6 283,273 251,908
NET CURRENT LIABILITIES (234,023 ) (212,220 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(176,090

)

(141,874

)

PROVISIONS FOR LIABILITIES 11,007 15,725
NET LIABILITIES (187,097 ) (157,599 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (187,197 ) (157,699 )
SHAREHOLDERS' DEFICIT (187,097 ) (157,599 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

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

MULINO RM LTD (REGISTERED NUMBER: 12870147)

STATEMENT OF FINANCIAL POSITION - continued
30 September 2023


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 February 2025 and were signed on its behalf by:





Ms W L Green - Director


MULINO RM LTD (REGISTERED NUMBER: 12870147)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Mulino RM Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of section 1A "Small Entities" of Financial Reporting standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The principle accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover represents the amounts received or receivable for goods or services provided to customers in the year, excluding value added tax.

Turnover is recognised when the goods/services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

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

Financial instruments
The company has elected to apply the provisions of FRS 102 Section 11 'Basic Financial Instruments' to all of its financial instruments.

The following assets and liabilities are classified as financial liabilities, Directors loan accounts, trade creditors and accruals.

Financial instruments that are payable or receivable within one year, typically Directors loan accounts, trade creditors and accruals are measured initially and subsequently at the undiscounted amount of cash or consideration that is expected to be paid or received.

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 statement of financial position date.


MULINO RM LTD (REGISTERED NUMBER: 12870147)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 18 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 97,366
DEPRECIATION
At 1 October 2022 27,020
Charge for year 12,413
At 30 September 2023 39,433
NET BOOK VALUE
At 30 September 2023 57,933
At 30 September 2022 70,346

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,538 1,801

MULINO RM LTD (REGISTERED NUMBER: 12870147)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 30,087 -
Trade creditors 42,644 34,609
Taxation and social security 41,387 35,716
Other creditors 169,155 181,583
283,273 251,908

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 16,781 42,000
Between one and five years - 16,781
16,781 58,781