Company Registration No. SC680960 (Scotland)
Mull Let Limited
Unaudited accounts
for the year ended 30 November 2025
Mull Let Limited
Unaudited accounts
Contents
Mull Let Limited
Company Information
for the year ended 30 November 2025
Company Number
SC680960 (Scotland)
Registered Office
Kilspindie House
38 Market Street
Haddington
East Lothian
EH41 3JE
Scotland
Accountants
Green Shoots Accountancy Services Ltd
Kilspindie House
38 Market Street
Haddington
East Lothian
EH41 3JE
Mull Let Limited
Statement of financial position
as at 30 November 2025
Tangible assets
129,719
129,363
Cash at bank and in hand
10,227
13,018
Creditors: amounts falling due within one year
(1,500)
(995)
Net current assets
38,727
12,023
Total assets less current liabilities
168,446
141,386
Creditors: amounts falling due after more than one year
(354,763)
(353,708)
Net liabilities
(186,317)
(212,322)
Called up share capital
2
2
Profit and loss account
(186,319)
(212,324)
Shareholders' funds
(186,317)
(212,322)
For the year ending 30 November 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2026 and were signed on its behalf by
James Marcus Lee
Director
Company Registration No. SC680960
Mull Let Limited
Notes to the Accounts
for the year ended 30 November 2025
Mull Let Limited is a private company, limited by shares, registered in Scotland, registration number SC680960. The registered office is Kilspindie House, 38 Market Street, Haddington, East Lothian, EH41 3JE, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 years straight line basis
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements.
The Company is supported through a loan from the directors who are also shareholders and they confirm that they will not seek repayment of the loan until all other creditors have been met.
Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Mull Let Limited
Notes to the Accounts
for the year ended 30 November 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
127,163
-
11,000
138,163
At 30 November 2025
127,163
3,195
11,000
141,358
At 1 December 2024
-
-
8,800
8,800
Charge for the year
-
639
2,200
2,839
At 30 November 2025
-
639
11,000
11,639
At 30 November 2025
127,163
2,556
-
129,719
At 30 November 2024
127,163
-
2,200
129,363
Amounts falling due within one year
Accrued income and prepayments
30,000
-
6
Creditors: amounts falling due within one year
2025
2024
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
354,763
353,708
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).