REGISTERED NUMBER: 13175398 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

B R Mullin Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B R Mullin

REGISTERED OFFICE:

Leofric House

18B Binley Road

Coventry

West Midlands

CV3 1JN

REGISTERED NUMBER:

13175398 (England and Wales)

ACCOUNTANTS:

Leigh Christou Ltd

Chartered Certified Accountants

Leofric House

Binley Road

Coventry

CV3 1JN

FIXED ASSETS

Investments

4

507,182

2,425

CURRENT ASSETS

Debtors

5

1,165,373

1,087,709

Cash at bank

14,425

14,743

1,179,798

1,102,452

CREDITORS

Amounts falling due within one year

6

1,530,848

1,056,066

NET CURRENT (LIABILITIES)/ASSETS

(351,050

)

46,386

TOTAL ASSETS LESS CURRENT LIABILITIES

156,132

48,811

PROVISIONS FOR LIABILITIES

43,320

-

NET ASSETS

112,812

48,811

CAPITAL AND RESERVES

Called up share capital

200

200

Fair value reserve

7

112,402

-

Retained earnings

210

48,611

112,812

48,811

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 14 November 2025 and were signed by:

B R Mullin - Director

1.	STATUTORY INFORMATION

B R Mullin Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 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.

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.

Unlisted investments

Unlisted investments are carried at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

Unlisted

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 March 2024

2,425

-

2,425

Additions

-

484,043

484,043

Disposals

(2,125

)

(127,030

)

(129,155

)

Revaluations

-

149,869

149,869

At 28 February 2025

300

506,882

507,182

NET BOOK VALUE

At 28 February 2025

300

506,882

507,182

At 29 February 2024

2,425

-

2,425

Cost or valuation at 28 February 2025 is represented by:

Shares in

group

Unlisted

undertakings

investments

Totals

£

£

£

Valuation in 2025

-

149,869

149,869

Cost

300

357,013

357,313

300

506,882

507,182

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Amounts owed by group undertakings

1,111,401

1,039,963

Directors' current accounts

52,632

47,746

Prepayments

1,340

-

1,165,373

1,087,709

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

34

-

Amounts owed to group undertakings

1,527,213

1,054,356

Tax

1,687

-

Accrued expenses

1,914

1,710

1,530,848

1,056,066

7.

RESERVES

Fair

value

reserve

£

Non Distributable Reserves

112,402

At 28 February 2025

112,402

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25

29.2.24

£

£

B R Mullin

Balance outstanding at start of year

47,746

14,071

Amounts advanced

48,893

47,775

Amounts repaid

(44,007

)

(14,100

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

52,632

47,746

The above loan to Mr B R Mullin from the company is charged at HMRC official rate of interest and is repaid in full following the balance sheet date.

9.	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 wholly owned subsidiaries within the group.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B R Mullin by virtue of their 100% shareholding in the company.