REGISTERED NUMBER: 06412092 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

STAN MULLIN FIXINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Mullin

REGISTERED OFFICE:

Kings Chambers

Queens Cross

High Street

Dudley

West Midlands

DY1 1QT

REGISTERED NUMBER:

06412092 (England and Wales)

ACCOUNTANTS:

Saxon & Co Accountants Ltd

Chartered Certified Accountants

Kings Chambers

Queens Cross

High Street

Dudley

West Midlands

DY1 1QT

FIXED ASSETS

Tangible assets

4

4,766

3,414

CURRENT ASSETS

Stocks

5

39,800

49,600

Debtors

6

36,579

32,802

Cash at bank

675

2,418

77,054

84,820

CREDITORS

Amounts falling due within one year

7

54,588

45,104

NET CURRENT ASSETS

22,466

39,716

TOTAL ASSETS LESS CURRENT LIABILITIES

27,232

43,130

PROVISIONS FOR LIABILITIES

905

648

NET ASSETS

26,327

42,482

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

26,324

42,479

SHAREHOLDERS' FUNDS

26,327

42,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

S J Mullin - Director

1.	STATUTORY INFORMATION

Stan Mullin Fixings 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 February 2024

7,593

1,250

8,843

Additions

1,200

1,500

2,700

At 31 January 2025

8,793

2,750

11,543

DEPRECIATION

At 1 February 2024

5,179

250

5,429

Charge for year

723

625

1,348

At 31 January 2025

5,902

875

6,777

NET BOOK VALUE

At 31 January 2025

2,891

1,875

4,766

At 31 January 2024

2,414

1,000

3,414

5.

STOCKS

2025

2024

£

£

Stocks

39,800

49,600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

17,814

17,814

Rent deposits

362

362

Tax

704

-

Trade debtors

17,699

14,626

36,579

32,802

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

29,765

9,576

Trade creditors

22,180

28,389

Tax

-

1,644

VAT

947

2,533

Director's current account

21

1,287

Accruals

1,675

1,675

54,588

45,104

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S J Mullin.