M H Developments Ltd - Accounts

M H Developments Ltd - Accounts

M H DEVELOPMENTS LTD - Company Information

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Registered Number: SC702098
Scotland

 

 

 

M H DEVELOPMENTS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 July 2022

End date: 30 June 2023
  2023   2022
    £ £   £ £
Fixed assets   23,545      21,521 
Current assets 52,799      36,245   
Creditors: amount falling due within one year (46,382)     (32,462)  
Net current assets   6,417      3,783 
Total assets less current liabilities   29,962      25,304 
Creditors: amount falling due after more than one year   (24,950)     (45,785)
Net assets   5,012      (20,481)
 

         
Capital and reserves   5,012      (20,481)
 
NOTES TO THE ACCOUNTS

General Information
M H Developments Ltd is a private company, limited by shares, registered in Scotland, registration number SC702098, registration address Unit 9, 1 Baird Road, Livingston, EH54 7AZ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 3 (2022 : 0).


For the year ended 30 June 2023 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 accounts for the year in question 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 accounts.

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 22 February 2024 and were signed on its behalf by:


--------------------------------
Martin Hood
Director
1