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REGISTERED NUMBER: 05051707 (England and Wales)




















Financial Statements

for the Year Ended 30 March 2022

for

MHE RETAIL LIMITED

MHE RETAIL LIMITED (REGISTERED NUMBER: 05051707)






Contents of the Financial Statements
for the Year Ended 30 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MHE RETAIL LIMITED

Company Information
for the Year Ended 30 March 2022







DIRECTORS: W E Grant
G F Wallace





SECRETARY: C N Courtney





REGISTERED OFFICE: 143 Station Road
Hampton
Middlesex
TW12 2AL





REGISTERED NUMBER: 05051707 (England and Wales)





ACCOUNTANTS: Alvis & Company (Accountants) Limited
143 Station Road
Hampton
Middlesex
TW12 2AL

MHE RETAIL LIMITED (REGISTERED NUMBER: 05051707)

Balance Sheet
30 March 2022

30.3.22 30.3.21
Notes £    £   
CURRENT ASSETS
Cash at bank and in hand 24,416 36,514

CREDITORS
Amounts falling due within one year 6 (900 ) (1,020 )
NET CURRENT ASSETS 23,516 35,494
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,516

35,494

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 23,514 35,492
SHAREHOLDERS' FUNDS 23,516 35,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 August 2022 and were signed on its behalf by:




G F Wallace - Director



W E Grant - Director


MHE RETAIL LIMITED (REGISTERED NUMBER: 05051707)

Notes to the Financial Statements
for the Year Ended 30 March 2022

1. STATUTORY INFORMATION

MHE Retail 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.

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

Intellectual property - 50% on cost

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 cost
Computer equipment - Straight line over 3 years

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Intellectual
Property
£   
COST
At 31 March 2021
and 30 March 2022 3,500
AMORTISATION
At 31 March 2021
and 30 March 2022 3,500
NET BOOK VALUE
At 30 March 2022 -
At 30 March 2021 -

MHE RETAIL LIMITED (REGISTERED NUMBER: 05051707)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2022

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 31 March 2021
and 30 March 2022 450 2,213 2,663
DEPRECIATION
At 31 March 2021
and 30 March 2022 450 2,213 2,663
NET BOOK VALUE
At 30 March 2022 - - -
At 30 March 2021 - - -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.22 30.3.21
£    £   
Other creditors 900 1,020

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.3.22 30.3.21
value: £    £   
2 Ordinary £1 2 2