MUSTARD GROUP LIMITED - Filleted accounts

Registered number

11263224

MUSTARD GROUP LIMITED

Filleted Accounts

31 October 2025

MUSTARD GROUP LIMITED
Registered number:		11263224
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		350,000			-
Investments	4		115			115
			350,115			115

Current assets
Debtors	5	42,000			24,284
Cash at bank and in hand		5,225			2,917
		47,225			27,201

Creditors: amounts falling due within one year	6	(34,956)			(27,091)

Net current assets			12,269			110

Net assets			362,384			225

Capital and reserves
Called up share capital			200			200
Retained Profits - Unrealised	7		350,000			-
Profit and loss account			12,184			25

Shareholders' funds			362,384			225

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R E Masterson
Director
Approved by the board on 3 December 2025

MUSTARD GROUP LIMITED
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	-		-


3	Intangible fixed assets			£
	Intellectual Property Brand

	Cost
	Additions			350,000
	At 31 October 2025			350,000

	Amortisation
	At 31 October 2025			-

	Net book value
	At 31 October 2025			350,000

	The "Mustard" brand has steadily been building its value over the last two years as a result of developing software and processes for use in the business development and future client business, but which had not previously been accounted for in the books of the company. Therefore, it was decided to enter a prudent & cautious value of the Brand into the Company's balance sheet, whilst also stating this beneficial value as Unrealised Profits.


4	Investments

Other
investments
£
	Cost
	At 1 November 2024			115

	At 31 October 2025			115


5	Debtors	2025		2024
£			£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest	25,000		19,188
	Prepayments	17,000		5,096
		42,000		24,284


6	Creditors: amounts falling due within one year	2025		2024
£			£

	Amounts owed to group undertakings and undertakings in which the company has a participating interest	30,903		-
	Taxation and social security costs	4,053		27,091
		34,956		27,091


7	Revaluation reserve	2025		2024
£			£

	Retained Profits - Unrealised	350,000		-

	At 31 October 2025	350,000		-


8	Controlling party

	The company is controlled by Robert Masterson Esq, and Edward Norris Esq.


9	Other information

	MUSTARD GROUP LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Colony
	One Silk Street
	Ancoats
	Manchester
	M4 6LZ