REGISTERED NUMBER: 12009968 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

Mococo Mold Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

T J Scott

R A C Higham

Registered office:

The Whitehouse

Wilderspool Park

Greenalls Avenue

Warrington

WA4 6HL

Registered number:

12009968 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

39,535

19,963

Current assets

Stocks

307,581

290,483

Debtors

5

14,801

27,742

Cash at bank and in hand

17,823

42,326

340,205

360,551

Creditors

Amounts falling due within one year

6

238,731

353,368

Net current assets

101,474

7,183

Total assets less current liabilities

141,009

27,146

Creditors

Amounts falling due after more than one year

7

6,616

16,616

Net assets

134,393

10,530

Capital and reserves

Called up share capital

2

2

Retained earnings

134,391

10,528

134,393

10,530

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

T J Scott - Director

R A C Higham - Director

1.	Statutory information

Mococo Mold 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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

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

Fixtures, fittings & equipment

-

25% 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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Operating leases

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

3.	Employees and directors

The average number of employees during the year was 13 (2023 - 5 ) .

4.	Tangible fixed assets

Fixtures,

fittings

& equipment

£

Cost

At 1 November 2023

21,650

Additions

31,989

At 31 October 2024

53,639

Depreciation

At 1 November 2023

1,687

Charge for year

12,417

At 31 October 2024

14,104

Net book value

At 31 October 2024

39,535

At 31 October 2023

19,963

5.

Debtors: amounts falling due within one year

31/10/24

31/10/23

£

£

Other debtors

14,801

27,742

6.

Creditors: amounts falling due within one year

31/10/24

31/10/23

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

142,780

160,276

Taxation and social security

4,409

1,894

Other creditors

81,542

181,198

238,731

353,368

7.

Creditors: amounts falling due after more than one year

31/10/24

31/10/23

£

£

Bank loans

6,616

16,616

8.	Leasing agreements

At 31 October 2024 the company had commitments under non-cancellable operating leases over the remaining life of these leases of £35,000. The amount payable within one year in respect of these leases was £20,000.

9.	Related party disclosures

During the year, a company controlled by the directors agreed to write off a loan of £363,505.