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REGISTERED NUMBER: 04975528 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Moulvern Limited

Moulvern Limited (Registered number: 04975528)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Moulvern Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mrs S Marks-Prior





SECRETARY:





REGISTERED OFFICE: 85 Bourne Street
London
SW1 8HF





REGISTERED NUMBER: 04975528 (England and Wales)





ACCOUNTANTS: MSS Accountancy Services Ltd
341 Garratt Lane
Wandsworth
London
SW18 4DX

Moulvern Limited (Registered number: 04975528)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 253,215 267,283
Tangible assets 5 12,752 18,048
265,967 285,331

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 6 20,503 24,277
Cash at bank 93,286 62,788
114,789 88,065
CREDITORS
Amounts falling due within one year 7 138,792 151,199
NET CURRENT LIABILITIES (24,003 ) (63,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

241,964

222,197

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 241,864 222,097
SHAREHOLDERS' FUNDS 241,964 222,197

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 28 May 2025 and were signed by:




Mrs S Marks-Prior - Director


Moulvern Limited (Registered number: 04975528)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Moulvern Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Fixtures and fittings - 33% on cost

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

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.

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.

Moulvern Limited (Registered number: 04975528)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 281,351
AMORTISATION
At 1 January 2024 14,068
Charge for year 14,068
At 31 December 2024 28,136
NET BOOK VALUE
At 31 December 2024 253,215
At 31 December 2023 267,283

5. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2024 145,122 48,424 193,546
Additions - 5,592 5,592
At 31 December 2024 145,122 54,016 199,138
DEPRECIATION
At 1 January 2024 145,122 30,376 175,498
Charge for year - 10,888 10,888
At 31 December 2024 145,122 41,264 186,386
NET BOOK VALUE
At 31 December 2024 - 12,752 12,752
At 31 December 2023 - 18,048 18,048

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 4,934 7,584
Other debtors - 9,147
Prepayments 15,569 7,546
20,503 24,277

Moulvern Limited (Registered number: 04975528)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Tax 22,213 23,715
Social security and other taxes - 2,591
VAT 16,086 14,416
Other creditors 100,493 110,477
138,792 151,199