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REGISTERED NUMBER: SC777706 (Scotland)













Unaudited Financial Statements

for the Period 1 August 2023 to 31 August 2024

for

Mulsanne Investments (UK) Limited

Mulsanne Investments (UK) Limited (Registered number: SC777706)






Contents of the Financial Statements
for the Period 1 August 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mulsanne Investments (UK) Limited

Company Information
for the Period 1 August 2023 to 31 August 2024







DIRECTORS: Dr B I Wood
W H Paterson





SECRETARY: A I Armstrong





REGISTERED OFFICE: Laigh Brownmuir House
Glassford
Strathhaven
ML10 6TX





REGISTERED NUMBER: SC777706 (Scotland)





ACCOUNTANTS: Gerber Landa & Gee
Chartered Accountants
Pavilion 1
Finnieston Business Park
Minerva Way
GLASGOW
G3 8AU

Mulsanne Investments (UK) Limited (Registered number: SC777706)

Balance Sheet
31 August 2024

Notes £   
CURRENT ASSETS
Debtors 4 7,000
Cash at bank 58,000
65,000
CREDITORS
Amounts falling due within one year 5 102,129
NET CURRENT LIABILITIES (37,129 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(37,129

)

CAPITAL AND RESERVES
Called up share capital 103
Retained earnings (37,232 )
(37,129 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 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.

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 25 April 2025 and were signed on its behalf by:





Dr B I Wood - Director


Mulsanne Investments (UK) Limited (Registered number: SC777706)

Notes to the Financial Statements
for the Period 1 August 2023 to 31 August 2024

1. STATUTORY INFORMATION

Mulsanne Investments (UK) Limited is a private company, limited by shares , registered in Scotland. 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.

The financial statements have been prepared in sterling, which is the functional currency of the company. Monetary amounts in these accounts are rounded to the nearest £.

The financial statements have been prepared on the going concern basis which assumes the company will continue to trade for the foreseeable future. Despite liabilities exceeding assets at the balance sheet date, the directors are confident that the company can continue trading for the foreseeable future and will be able to continue trading at least 12 months from the balance sheet date. Should the company be unable to continue trading, adjustments would have to be made to reduce the balance sheet values to their recoverable amounts, and to reclassify fixed assets and long term liabilities as current assets and current liabilities.

Taxation
Taxation for the period 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 period 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 period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 7,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 102,129

Mulsanne Investments (UK) Limited (Registered number: SC777706)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 31 August 2024

6. FINANCIAL INSTRUMENTS

Debtors
Short term debtors are measured at transaction price, less any impairments. 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.

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

7. RELATED PARTY DISCLOSURES

Included in creditors are £49,947 and £49,950 due from the company to directors Barry Wood and William Paterson respectively. No interest has been charged on the outstanding amounts and there is no fixed repayment date.