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REGISTERED NUMBER: 08687267 (England and Wales)




















Financial Statements

for the Year Ended 30 September 2024

for

MUNIMENT LIMITED

MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)






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


MUNIMENT LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Ms L H Seto
T I Walker





REGISTERED OFFICE: 143 Station Road
Hampton
Middlesex
TW12 2AL





REGISTERED NUMBER: 08687267 (England and Wales)





ACCOUNTANTS: Alvis & Company (Accountants) Limited
143 Station Road
Hampton
Middlesex
TW12 2AL

MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,187 4,374
Investments 6 1,308 1,163
Investment property 7 364,392 364,392
367,887 369,929

CURRENT ASSETS
Debtors 8 11,276,945 11,366,523
Cash at bank 113,314 254,237
11,390,259 11,620,760
CREDITORS
Amounts falling due within one year 9 (117,431 ) (560,557 )
NET CURRENT ASSETS 11,272,828 11,060,203
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,640,715

11,430,132

CREDITORS
Amounts falling due after more than one
year

10

(10,947,894

)

(11,371,712

)
NET ASSETS 692,821 58,420

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 692,721 58,320
SHAREHOLDERS' FUNDS 692,821 58,420

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.

MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)

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 27 June 2025 and were signed on its behalf by:





T I Walker - Director


MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Muniment 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 as modified by the revaluation of certain assets.

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

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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - Straight line over 3 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

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

MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 13,856
AMORTISATION
At 1 October 2023
and 30 September 2024 13,856
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 19,131 2,705 21,836
Disposals (8,196 ) (1,476 ) (9,672 )
At 30 September 2024 10,935 1,229 12,164
DEPRECIATION
At 1 October 2023 14,757 2,705 17,462
Charge for year 2,187 - 2,187
Eliminated on disposal (8,196 ) (1,476 ) (9,672 )
At 30 September 2024 8,748 1,229 9,977
NET BOOK VALUE
At 30 September 2024 2,187 - 2,187
At 30 September 2023 4,374 - 4,374

MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023 1,163
Additions 145
At 30 September 2024 1,308
NET BOOK VALUE
At 30 September 2024 1,308
At 30 September 2023 1,163

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 364,392
NET BOOK VALUE
At 30 September 2024 364,392
At 30 September 2023 364,392

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2023 (28,122 )
Cost 392,514
364,392

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 5,076 3,024
Amounts owed by group undertakings 9,773,566 9,915,078
Amounts owed by associates 176,224 175,519
Other debtors 1,322,079 1,272,902
11,276,945 11,366,523

MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 5,026 14,680
Amounts owed to group undertakings 35,701 446,234
Amounts owed to associates 69,679 76,949
Taxation and social security - 13,284
Other creditors 7,025 9,410
117,431 560,557

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 57,984 208,239
Other creditors 10,889,910 11,163,473
10,947,894 11,371,712

Amounts falling due in more than five years:

Repayable by instalments
C&C mortgage 57,984 208,239

11. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Mortgage 57,984 208,239

The mortgage provided by Cambridge and Counties Bank Ltd is secured against the freehold interest in the land and property known as 8 Broughton Drive by way of a fixed and floating charge.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the end of the year the company owed the following amounts to the directors:

30.9.2430.9.23
££

Mrs L H Seto3,853,4573,853,457
Mr T I Walker7,036,4527,310,016

The loans are made to the company interest free and have no fixed date of maturity.

14. RELATED PARTY DISCLOSURES

Muniment Bradford Developments Ltd

100% subsidiary


Remaining 30% shareholding transferred from Priestley Homes Ltd to Muniment Ltd on 3 October 2023. (2023: 70%).

30.9.24 30.9.23
£    £   
Amount due to related party at the balance sheet date 4,819 415,334

Muniment Property Developments Ltd

76% subsidiary


This company was previously known as VR 1844 Limited. Interest of £32,110 was charged in the year. (2023: £52,707)

30.9.24 30.9.23
£    £   
Amount due from related party at the balance sheet date 357,545 350,435

Brigstock Campsite Ltd

75% Subsidiary


30.9.24 30.9.23
£    £   
Amount due from related party at the balance sheet date 2,241,086 1,625,228

MUNIMENT LIMITED (REGISTERED NUMBER: 08687267)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

14. RELATED PARTY DISCLOSURES - continued

Brigstock Secure Services Ltd

75% Subsidiary


30.9.24 30.9.23
£    £   
Amount due from related party at the balance sheet date 117,688 88,197

Burton Waterloo Ltd

75% Subsidiary


Interest of £108,000 was charged in the year. (2023: £108,000). Interest of £49,000 was repaid during the year.

30.9.24 30.9.23
£    £   
Amount due from related party at the balance sheet date 1,291,818 1,232,818

Muniment Warrington Ltd

50% associate


30.9.24 30.9.23
£    £   
Amount due to related party at the balance sheet date 69,679 76,949

Scouts Apartments Ltd

50% associate


30.9.24 30.9.23
£    £   
Amount due from related party at the balance sheet date 176,224 175,519