MHKH Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08511637 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2021

for

MHKH Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Manirul Haque

REGISTERED OFFICE:

SKN Business Centre

1 Guildford Street

Birmingham

West Midlands

B19 2HN

REGISTERED NUMBER:

08511637 (England and Wales)

ACCOUNTANTS:

SKN Services Ltd

Chartered Accountants

SKN Business Centre

1 Guildford Street

Birmingham

West Midlands

B19 2HN

FIXED ASSETS

Tangible assets

4

117,254

CURRENT ASSETS

Cash at bank

2,771

34,440

CREDITORS

Amounts falling due within one year

5

2,515

44,552

NET CURRENT ASSETS/(LIABILITIES)

256

(10,112

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

117,510

107,142

CREDITORS

Amounts falling due after more than one
year

6

110,632

89,191

NET ASSETS

6,878

17,951

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

6,778

17,851

SHAREHOLDERS' FUNDS

6,878

17,951

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 April 2022 and were signed by:

Mr Manirul Haque - Director

1.	STATUTORY INFORMATION

MHKH 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not depreciated

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 (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 June 2020

and 31 May 2021

117,254

NET BOOK VALUE

At 31 May 2021

117,254

At 31 May 2020

117,254

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.21

31.5.20

£

Trade creditors

1,060

540

Taxation and social security

1,441

Other creditors

14

42,571

2,515

44,552

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.5.21

31.5.20

£

Bank loans

67,882

46,441

Other creditors

42,750

110,632

89,191

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 yr

42,882

46,441

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Manirul Haque.

MHKH Ltd - Accounts to registrar (filleted) - small 18.2

MHKH Ltd - Accounts to registrar (filleted) - small 18.2