Mulato 8 Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07468108

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		7,200		7,200
Tangible Assets	5		468,977		538,006
Investments	6		2		2

			476,179		545,208
CURRENT ASSETS
Debtors	7	143,357		126,942
Cash at bank and in hand		9,676		-

		153,033		126,942
Creditors: Amounts Falling Due Within One Year	8	56,700		41,136

NET CURRENT ASSETS (LIABILITIES)			209,733		168,078

TOTAL ASSETS LESS CURRENT LIABILITIES			685,912		713,286

Creditors: Amounts Falling Due After More Than One Year	9		(94,307 )		(93,707 )

NET ASSETS			591,605		619,579

CAPITAL AND RESERVES
Called up share capital	10		11,599		11,599
Share premium account			491,712		491,712
Capital redemption reserve			600		600
Profit and Loss Account			87,694		115,668

SHAREHOLDERS' FUNDS			591,605		619,579

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Mulato 8 Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Gabriel Gonzalez Flores

Director

30/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Mulato 8 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07468108 . The registered office is 31 Rathbone Place, London, W1T 1JH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	over the term of the lease
Plant & Machinery	over the term of the lease
Fixtures & Fittings	25% reducing balance
Computer Equipment	33% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	7,200

As at 31 December 2024	7,200

Net Book Value
As at 31 December 2024	7,200

As at 1 January 2024	7,200

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Mulato 8 Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Land & Property
	Leasehold	Investment Properties	Plant & Machinery	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2024	535,873	749,356	426,876	296,294
Additions	-	-	1,074	2,740

As at 31 December 2024	535,873	749,356	427,950	299,034

Depreciation
As at 1 January 2024	309,449	591,793	303,118	266,033
Provided during the period	19,743	28,284	16,566	8,250

As at 31 December 2024	329,192	620,077	319,684	274,283

Net Book Value
As at 31 December 2024	206,681	129,279	108,266	24,751

As at 1 January 2024	226,424	157,563	123,758	30,261


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2024	28,686	2,037,085
Additions	-	3,814

As at 31 December 2024	28,686	2,040,899

Depreciation
As at 1 January 2024	28,686	1,499,079
Provided during the period	-	72,843

As at 31 December 2024	28,686	1,571,922

Net Book Value
As at 31 December 2024	-	468,977

As at 1 January 2024	-	538,006

6. Investments

	Unlisted
	£
Cost
As at 1 January 2024	2

As at 31 December 2024	2

Provision
As at 1 January 2024	-

As at 31 December 2024	-

...CONTINUED

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Mulato 8 Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	2

As at 1 January 2024	2

7. Debtors

	2024	2023
	£	£
Due within one year
VAT	9,838	18,628
Amounts owed by group undertakings	35,599	10,394

	45,437	29,022
Due after more than one year
Other debtors	97,920	97,920

	143,357	126,942

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	17,189	47,435
Corporation tax	(69 )	(69 )
Amounts owed to group undertakings	(73,820 )	(88,502 )

	(56,700 )	(41,136 )

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	600	-
Other creditors (1)	93,707	93,707

	94,307	93,707

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	11,599	11,599

11. Other Commitments

At 31 December 2024 the Company had future minimum lease payments under non-cancellable

operating leases as follows:

	2024	2023
	£	£
Not later than one year	340,000	340,000
Later than one year and not later than five years	1,360,000	1,360,000
Later than five years	220,000	595,000

	1,920,000	2,295,000

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