REGISTERED NUMBER: 10796307 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MUSTANG GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Downes

S Downes

REGISTERED OFFICE:

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

REGISTERED NUMBER:

10796307 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

FIXED ASSETS

Investments

4

200

200

Investment property

5

543,688

784,399

543,888

784,599

CURRENT ASSETS

Debtors

6

640,711

530,060

Cash at bank and in hand

261,765

307,353

902,476

837,413

CREDITORS

Amounts falling due within one year

7

(135,818

)

(380,336

)

NET CURRENT ASSETS

766,658

457,077

TOTAL ASSETS LESS CURRENT LIABILITIES

1,310,546

1,241,676

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,310,446

1,241,576

1,310,546

1,241,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by:

P Downes - Director

1.	STATUTORY INFORMATION

Mustang Group Ltd 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2025 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

200

NET BOOK VALUE

At 31 March 2026

200

At 31 March 2025

200

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

784,399

Additions

204,863

Disposals

(445,574

)

At 31 March 2026

543,688

NET BOOK VALUE

At 31 March 2026

543,688

At 31 March 2025

784,399

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

-

507,638

Other debtors

-

22,422

-

530,060

Amounts falling due after more than one year:

Other debtors

640,711

-

Aggregate amounts

640,711

530,060

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

(1

)

Amounts owed to group undertakings

20,737

-

Taxation and social security

12,075

11,129

Other creditors

103,006

369,208

135,818

380,336

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

P Downes

Balance outstanding at start of year

-

217,835

Amounts repaid

-

(217,835

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-