Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31false2023-11-01truefalseNo description of principal activity1false1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04836978 2023-10-31 04836978 2023-11-01 2024-10-31 04836978 2022-07-01 2023-06-30 04836978 2024-10-31 04836978 2023-06-30 04836978 c:Director1 2023-11-01 2024-10-31 04836978 d:CurrentFinancialInstruments 2024-10-31 04836978 d:CurrentFinancialInstruments 2023-06-30 04836978 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 04836978 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 04836978 d:ShareCapital 2024-10-31 04836978 d:ShareCapital 2023-06-30 04836978 d:RetainedEarningsAccumulatedLosses 2024-10-31 04836978 d:RetainedEarningsAccumulatedLosses 2023-06-30 04836978 c:FRS102 2023-11-01 2024-10-31 04836978 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 04836978 c:FullAccounts 2023-11-01 2024-10-31 04836978 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04836978 2 2023-11-01 2024-10-31 04836978 e:Euro 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 04836978










MULLER MANAGEMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
MULLER MANAGEMENT LIMITED
REGISTERED NUMBER:04836978

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
100,207

Cash at bank and in hand
  
3,633
248

  
3,633
100,455

Creditors: amounts falling due within one year
 5 
-
(5,863)

Net current assets
  
 
 
3,633
 
 
94,592

Total assets less current liabilities
  
3,633
94,592

  

Net assets
  
3,633
94,592


Capital and reserves
  

Called up share capital 
  
150
150

Profit and loss account
  
3,483
94,442

  
3,633
94,592


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




E Muller
Director

Date: 28 January 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
MULLER MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Muller Management Limited is a private company limited by shares, incorporated in England. The registered office is situated at 27/28 Eastcastle Street, London, W1W 8DH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

During the year, a decision was made by the directors of the parent company, Müller Holding GmbH & Co. KG, to cease operations in the U.K.
The company ceased trading on 31 October 2024 and the financial statements have been prepared on a basis other  than that of a going concern. This basis includes, where applicable, writing the company's assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.
The financial statements are prepared in € euros, the functional currency, rounded to the nearest €1.

The following principal accounting policies have been applied:

 
2.2

Going concern

During the year, a decision was made by the directors of the parent company, Müller Holding GmbH & Co. KG,  to cease operations in the U.K. As such, the company ceased trading on 31 October 2024 and therefore the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. 
Accordingly, the financial statements have been prepared on a basis other than that of a going concern.
The directors do not consider that there would be any material differences to the reported results of the company if the going concern basis of preparation had been applied to these financial statements.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

 
MULLER MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.4

Financial instruments

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

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
MULLER MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is Euros.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.7

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
MULLER MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Debtors

2024
2023


Amounts owed by group undertakings
-
100,098

Other debtors
-
109

-
100,207



5.


Creditors: Amounts falling due within one year

2024
2023

Bank overdrafts
-
13

Accruals and deferred income
-
5,850

-
5,863



6.


Related party transactions

At 31 October 2024 the company was owed by Müller Holding GmbH & Co. KG, the sum of €0 (2023: €100,098). Interest of €0 (2023: €1,420) has been charged on this balance. The loan is unsecured and repayable on demand.


7.


Parent entity

The company's parent company is Müller Holding GmbH & Co. KG. The company's registered office and principal place of business is Albstrasse 92, 89081 Ulm-Jungingen, Germany. 

 
Page 5