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REGISTERED NUMBER: 09704123 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MYTTON MILL DEVELOPMENTS LIMITED

MYTTON MILL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09704123)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MYTTON MILL DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: J R Davies
A W Onions





REGISTERED OFFICE: C/O W R Davies Motor Group
Haughmond View
Sitka Drive, Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG





REGISTERED NUMBER: 09704123 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
Chartered Accountants
Kingsland House
39 Abbey Foregate
Shrewsbury
Shropshire
SY2 6BL

MYTTON MILL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09704123)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
as restated
Notes £    £   
CURRENT ASSETS
Stocks 5 502,000 740,000
Debtors 6 33,757 7,881
Cash at bank 248,596 17,972
784,353 765,853
CREDITORS
Amounts falling due within one year 7 26,948 33,593
NET CURRENT ASSETS 757,405 732,260
TOTAL ASSETS LESS CURRENT
LIABILITIES

757,405

732,260

CREDITORS
Amounts falling due after more than one
year

8

618,134

617,766
NET ASSETS 139,271 114,494

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 139,171 114,394
SHAREHOLDERS' FUNDS 139,271 114,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

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

MYTTON MILL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09704123)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 20 May 2025 and were signed on its behalf by:





J R Davies - Director


MYTTON MILL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09704123)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Mytton Mill Developments 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements are for the individual entity only.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

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

Stocks
Work in progress is valued at the lower of cost and net realisable value and a prudent estimate of profit attributable to work completed is recognised once the outcome of the project can be assessed with reasonable certainty.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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.


MYTTON MILL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09704123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. STOCKS
30.9.24 30.9.23
as restated
£    £   
Work-in-progress 502,000 740,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
as restated
£    £   
Amounts owed by related parties 40 -
Tax 33,300 -
VAT - 2,190
Prepayments 417 5,691
33,757 7,881

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
as restated
£    £   
Trade creditors 20,408 7,386
Amounts owed to related parties - 15,802
VAT 1,985 -
Other creditors 555 555
Accruals and deferred income 4,000 9,850
26,948 33,593

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
as restated
£    £   
Amounts owed to related parties 618,134 617,766

MYTTON MILL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09704123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. RELATED PARTY DISCLOSURES

Entities with control, joint control or significant influence over the entity

30.09.24 3.09.23
£ £
Purchases 0 16,364
Interest charged from 599 6,624
Amounts due to related parties 638,002 617,776

Interest was charged at 3.5% per annum on all outstanding loans from related parties.

Other related parties

30.09.24 30.09.23
£ £
Amounts due to related parties 381 15,802

The company is owned equally by JJRA investments Limited and Capital Construction Holdings Limited. There is no overall controlling party.