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REGISTERED NUMBER: 09487514 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Mold Investments Ltd

Mold Investments Ltd (Registered number: 09487514)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mold Investments Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Miss L A Gray
S M O'Grady





REGISTERED OFFICE: 27 Victoria Road
Formby
Liverpool
Merseyside
L37 7AQ





REGISTERED NUMBER: 09487514 (England and Wales)





ACCOUNTANTS: Cobham Murphy Limited
116 Duke Street
Liverpool
Merseyside
L1 5JW

Mold Investments Ltd (Registered number: 09487514)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,066,053 4,608,600
Investments 5 100 100
Investment property 6 - 700,000
24,066,153 5,308,700

CURRENT ASSETS
Debtors 7 876,709 899,099
Prepayments and accrued income 219,040 -
Cash at bank 1,272,728 41,525
2,368,477 940,624
CREDITORS
Amounts falling due within one year 8 21,785,240 375,791
NET CURRENT (LIABILITIES)/ASSETS (19,416,763 ) 564,833
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,649,390

5,873,533

CREDITORS
Amounts falling due after more than one year 9 (1,782,763 ) (1,782,763 )

PROVISIONS FOR LIABILITIES (60,897 ) (60,897 )
NET ASSETS 2,805,730 4,029,873

CAPITAL AND RESERVES
Called up share capital 875,100 875,100
Revaluation reserve 11 56,362 56,362
Retained earnings 1,874,268 3,098,411
2,805,730 4,029,873

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

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

Mold Investments Ltd (Registered number: 09487514)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by:





S M O'Grady - Director


Mold Investments Ltd (Registered number: 09487514)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Mold Investments 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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Mold Investments Ltd (Registered number: 09487514)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 4,420,718 465,177 4,885,895
Additions 19,750,508 - 19,750,508
Disposals (250,000 ) - (250,000 )
At 30 November 2023 23,921,226 465,177 24,386,403
DEPRECIATION
At 1 December 2022 - 277,295 277,295
Charge for year - 43,055 43,055
At 30 November 2023 - 320,350 320,350
NET BOOK VALUE
At 30 November 2023 23,921,226 144,827 24,066,053
At 30 November 2022 4,420,718 187,882 4,608,600

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022
and 30 November 2023 100
NET BOOK VALUE
At 30 November 2023 100
At 30 November 2022 100

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 700,000
Disposals (700,000 )
At 30 November 2023 -
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 700,000

Investment property consisted of 4 cottages , nos. 3,4,5 & 6 at Parry's Quarry , Pinfold Lane , Mold.

Mold Investments Ltd (Registered number: 09487514)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 26,709 14,709
Other debtors 850,000 884,390
876,709 899,099

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 15,485,780 34,048
Amounts owed to associates 13,920 -
Taxation and social security 12,626 4,180
Other creditors 6,272,914 337,563
21,785,240 375,791

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Other creditors 1,782,763 1,782,763

10. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
North East Plant Ltd 5,775,000 -

Included in other creditors due within one year is a secured loan balance of £5,775,000 from North East Plant Ltd , secured on Parry's Quarry , Pinfold Lane , Mold.

11. RESERVES
Revaluation
reserve
£   
At 1 December 2022
and 30 November 2023 56,362

Mold Investments Ltd (Registered number: 09487514)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 November 2023 and the period ended 30 November 2022:

30.11.23 30.11.22
£    £   
S M O'Grady
Balance outstanding at start of year (175,000 ) -
Amounts advanced 1,000 25,000
Amounts repaid - (200,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (174,000 ) (175,000 )

13. CREDITORS - AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Included in creditors are amounts owing to Joseph Holloway Holdings Ltd ; Warwickshire Recycling Services Ltd and Eastlands Demolition which are currently being disputed and which ultimately may not be payable.

14. UNSECURED CREDIT

The Company has an unsecured line of credit from North East Plant Ltd of up to £5,000,000 if required.