Company No: 07222002 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	A A Musto
	L E Musto

REGISTERED OFFICE	Malt Mill House 159
	Low Street Collingham
	Newark
	NG23 7NL
	United Kingdom

COMPANY NUMBER

07222002 (England and Wales)

ACCOUNTANT	Duncan & Toplis Limited
	14 London Road
	Newark
	NG24 1TW

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	10,846		975
		10,846		975
Current assets
Debtors	4	6,888		6,547
Cash at bank and in hand	5	2,062		10,319
		8,950		16,866
Creditors: amounts falling due within one year	6	( 8,638)		( 13,527)
Net current assets		312		3,339
Total assets less current liabilities		11,158		4,314
Creditors: amounts falling due after more than one year	7	( 5,899)		0
Provision for liabilities		( 2,061)		( 244)
Net assets		3,198		4,070
Capital and reserves
Called-up share capital	8	2		2
Profit and loss account		3,196		4,068
Total shareholders' funds		3,198		4,070

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Musto Energy Limited (registered number: 07222002) were approved and authorised for issue by the Board of Directors on 25 August 2026. They were signed on its behalf by:

A A Musto Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Musto Energy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Malt Mill House 159, Low Street Collingham, Newark, NG23 7NL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Fixtures and fittings	3 years straight line
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Computer equipment		Total
	£		£		£		£
Cost
At 01 May 2025	0		1,494		5,146		6,640
Additions	13,250		0		0		13,250
At 30 April 2026	13,250		1,494		5,146		19,890
Accumulated depreciation
At 01 May 2025	0		1,250		4,415		5,665
Charge for the financial year	2,760		245		374		3,379
At 30 April 2026	2,760		1,495		4,789		9,044
Net book value
At 30 April 2026	10,490		(1)		357		10,846
At 30 April 2025	0		244		731		975

4. Debtors

	2026		2025
	£		£
Trade debtors	6,150		6,075
VAT recoverable	738		472
	6,888		6,547

5. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	2,062		10,319

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	4,064		0
Amounts owed to directors	8		771
Accruals	3,321		3,179
Taxation and social security	1,245		9,577
	8,638		13,527

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	5,899		0

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
200 Ordinary shares of £ 0.01 each	2		2