M H Associates Surveyors & Project Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04664888 (England and Wales)

M H ASSOCIATES SURVEYORS &

PROJECT MANAGERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2023

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Chartered accountants' report

5

DIRECTOR:

M J Hemming

SECRETARY:

Mrs T J Bryan

REGISTERED OFFICE:

The Old Bakery

139 Half Moon Lane

London

SE24 9JY

REGISTERED NUMBER:

04664888 (England and Wales)

ACCOUNTANTS:

Berringers LLP

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

FIXED ASSETS

Tangible assets

4

5,330

4,747

CURRENT ASSETS

Debtors

5

92,278

89,650

Cash at bank and in hand

19,444

19,774

111,722

109,424

CREDITORS

Amounts falling due within one year

6

182,831

115,819

NET CURRENT LIABILITIES

(71,109

)

(6,395

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(65,779

)

(1,648

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(65,781

)

(1,650

)

SHAREHOLDERS' FUNDS

(65,779

)

(1,648

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 March 2024 and were signed by:

M J Hemming - Director

1.	STATUTORY INFORMATION

M H Associates Surveyors & Project Managers Limited 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenditures during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Management do not consider that there is a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period.

Going concern

The directors have considered the trading performance of the company with reference to financial projections, the fact the company will continue to be supported by the shareholders (who will not seek repayments of loan until such time the company has the resource available) and have deemed it appropriate for the accounts to be prepared on a going concern basis.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Debtors

Short term debtors are measures at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks. Bank overdrafts, when applicable are shown within borrowings in current liabilities.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2022

1,950

113

11,068

13,131

Additions

-

-

1,710

1,710

At 30 September 2023

1,950

113

12,778

14,841

DEPRECIATION

At 1 October 2022

-

102

8,282

8,384

Charge for year

-

3

1,124

1,127

At 30 September 2023

-

105

9,406

9,511

NET BOOK VALUE

At 30 September 2023

1,950

8

3,372

5,330

At 30 September 2022

1,950

11

2,786

4,747

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

83,251

84,467

Other debtors

9,027

5,183

92,278

89,650

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

2,858

3,967

Taxation and social security

18,857

20,906

Other creditors

161,116

90,946

182,831

115,819

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M H Associates Surveyors & Project Managers Limited for the year ended 30 September 2023 which comprise the Statement of income and retained earnings, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of M H Associates Surveyors & Project Managers Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M H Associates Surveyors & Project Managers Limited and state those matters that we have agreed to state to the director of M H Associates Surveyors & Project Managers Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M H Associates Surveyors & Project Managers Limited and its director for our work or for this report.

It is your duty to ensure that M H Associates Surveyors & Project Managers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of M H Associates Surveyors & Project Managers Limited. You consider that M H Associates Surveyors & Project Managers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M H Associates Surveyors & Project Managers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Berringers LLP

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

15 March 2024