IRIS Accounts Production v25.1.4.42 SC139387 Board of Directors 30.10.23 27.10.24 27.10.24 27.7.25 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1393872023-10-29SC1393872024-10-27SC1393872023-10-302024-10-27SC1393872022-10-30SC1393872022-10-312023-10-29SC1393872023-10-29SC139387ns15:Scotland2023-10-302024-10-27SC139387ns14:PoundSterling2023-10-302024-10-27SC139387ns10:Director12023-10-302024-10-27SC139387ns10:PrivateLimitedCompanyLtd2023-10-302024-10-27SC139387ns10:SmallEntities2023-10-302024-10-27SC139387ns10:Audited2023-10-302024-10-27SC139387ns10:SmallCompaniesRegimeForDirectorsReport2023-10-302024-10-27SC139387ns10:SmallCompaniesRegimeForAccounts2023-10-302024-10-27SC139387ns10:FullAccounts2023-10-302024-10-27SC139387ns10:Director22023-10-302024-10-27SC139387ns10:Director32023-10-302024-10-27SC139387ns10:Director42023-10-302024-10-27SC139387ns10:CompanySecretary12023-10-302024-10-27SC139387ns10:RegisteredOffice2023-10-302024-10-27SC139387ns5:CurrentFinancialInstruments2024-10-27SC139387ns5:CurrentFinancialInstruments2023-10-29SC139387ns5:ShareCapital2024-10-27SC139387ns5:ShareCapital2023-10-29SC139387ns5:FurtherSpecificReserve1ComponentTotalEquity2024-10-27SC139387ns5:FurtherSpecificReserve1ComponentTotalEquity2023-10-29SC139387ns5:RetainedEarningsAccumulatedLosses2024-10-27SC139387ns5:RetainedEarningsAccumulatedLosses2023-10-29SC139387ns5:LandBuildings2023-10-29SC139387ns5:FurnitureFittings2023-10-29SC139387ns5:MotorVehicles2023-10-29SC139387ns5:LandBuildings2023-10-302024-10-27SC139387ns5:FurnitureFittings2023-10-302024-10-27SC139387ns5:MotorVehicles2023-10-302024-10-27SC139387ns5:LandBuildings2024-10-27SC139387ns5:FurnitureFittings2024-10-27SC139387ns5:MotorVehicles2024-10-27SC139387ns5:LandBuildings2023-10-29SC139387ns5:FurnitureFittings2023-10-29SC139387ns5:MotorVehicles2023-10-29SC139387ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-27SC139387ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-29
REGISTERED NUMBER: SC139387 (Scotland)









Financial Statements

for the Period 30 October 2023 to 27 October 2024

for

MULL HALL CARE LTD

MULL HALL CARE LTD (REGISTERED NUMBER: SC139387)

Contents of the Financial Statements
FOR THE PERIOD 30 OCTOBER 2023 TO 27 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MULL HALL CARE LTD

Company Information
FOR THE PERIOD 30 OCTOBER 2023 TO 27 OCTOBER 2024







DIRECTORS: L Blackwood
S Clarke-Kuehn
C J Moule
N Seymour





SECRETARY: N Seymour





REGISTERED OFFICE: Sanctuary House
7 Freeland Drive
Glasgow
G53 6PG





REGISTERED NUMBER: SC139387 (Scotland)





AUDITORS: Gravita Audit Western Limited
Chartered Accountants and Statutory Auditors
Bath House
6 - 8 Bath Street
Bristol
BS1 6HL

MULL HALL CARE LTD (REGISTERED NUMBER: SC139387)

Balance Sheet
27 OCTOBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,404,671 1,413,514

CURRENT ASSETS
Debtors 5 215,070 136,060
Cash at bank and in hand 608,017 522,806
823,087 658,866
CREDITORS
Amounts falling due within one year 6 (275,217 ) (252,452 )
NET CURRENT ASSETS 547,870 406,414
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,952,541

1,819,928

PROVISIONS FOR LIABILITIES (35,367 ) (43,523 )
NET ASSETS 1,917,174 1,776,405

CAPITAL AND RESERVES
Called up share capital 400,000 400,000
Capital contribution reserve 466,112 466,112
Retained earnings 1,051,062 910,293
1,917,174 1,776,405

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 and authorised for issue by the Board of Directors and authorised for issue on 27 July 2025 and were signed on its behalf by:





N Seymour - Director


MULL HALL CARE LTD (REGISTERED NUMBER: SC139387)

Notes to the Financial Statements
FOR THE PERIOD 30 OCTOBER 2023 TO 27 OCTOBER 2024


1. COMPANY INFORMATION

Mull Hall Care Ltd 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.

The company's principal activities and nature of its operations are disclosed in the Directors' Report.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

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

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
The financial statements have been prepared on a going concern basis. The directors have reviewed and considered relevant information including annual budgets and future cash-flows in making their assessment on their business. Based on these assessments, given the measures that could be undertaken to mitigate any adverse conditions, and the current resources available, the directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Significant judgements and estimates
In the application of the company's accounting policies, management are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below.

The amount of debts which are provided for is based on a percentage basis. Factors to determine this percentage include the funding source and the customer payment history. At 27 October 2024, £6 was provided for in respect of bad debts (2023 - £1,149).

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services provided in the normal course of business and is recognised on a time apportioned basis.

MULL HALL CARE LTD (REGISTERED NUMBER: SC139387)

Notes to the Financial Statements - continued
FOR THE PERIOD 30 OCTOBER 2023 TO 27 OCTOBER 2024


2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold landNil
Freehold propertyStraight line over 30 years and 10% straight line on additions in the
year
Furniture, plant & equipmentStraight line over 4-8 years
Motor vehiclesStraight line over 2 years

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Financial assets
Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Financial liabilities
Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.


MULL HALL CARE LTD (REGISTERED NUMBER: SC139387)

Notes to the Financial Statements - continued
FOR THE PERIOD 30 OCTOBER 2023 TO 27 OCTOBER 2024


2. 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 64 (2023 - 64 ) .

4. TANGIBLE FIXED ASSETS
Furniture,
Freehold plant & Motor
property equipment vehicles Totals
£    £    £    £   
COST
At 30 October 2023 1,337,214 689,706 17,140 2,044,060
Additions 49,185 21,475 - 70,660
At 27 October 2024 1,386,399 711,181 17,140 2,114,720
DEPRECIATION
At 30 October 2023 114,475 498,931 17,140 630,546
Charge for period 36,316 43,187 - 79,503
At 27 October 2024 150,791 542,118 17,140 710,049
NET BOOK VALUE
At 27 October 2024 1,235,608 169,063 - 1,404,671
At 29 October 2023 1,222,739 190,775 - 1,413,514

Included in cost of land and buildings is freehold land of £250,000 which is not depreciated.

MULL HALL CARE LTD (REGISTERED NUMBER: SC139387)

Notes to the Financial Statements - continued
FOR THE PERIOD 30 OCTOBER 2023 TO 27 OCTOBER 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,919 11,684
Amounts owed by group undertakings 182,873 107,699
Prepayments and accrued income 18,278 16,677
215,070 136,060

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,137 6,895
VAT - 205
Other creditors 14,299 13,108
Deferred income 65,687 66,163
Accrued expenses 194,094 166,081
275,217 252,452

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Bracher BSc FCA (Senior Statutory Auditor)
for and on behalf of Gravita Audit Western Limited

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with the parent company or wholly owned members within the group.

9. PARENT COMPANY

The company is a wholly owned subsidiary of Sanctuary Housing Association, a registered society incorporated in England and Wales. Group accounts may be obtained from the registered office at Chamber Court, Castle Street, Worcester, WR1 3ZQ.

The company's immediate parent company is Mull Hall Holdings Ltd whose registered office is Sanctuary House, 7 Freeland Drive, Glasgow, Scotland, G53 6PG.