IRIS Accounts Production v22.2.0.402 08140290 Board of Directors 1.8.21 31.7.22 31.7.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure081402902021-07-31081402902022-07-31081402902021-08-012022-07-31081402902020-07-31081402902020-08-012021-07-31081402902021-07-3108140290ns16:EnglandWales2021-08-012022-07-3108140290ns15:PoundSterling2021-08-012022-07-3108140290ns11:Director12021-08-012022-07-3108140290ns11:PrivateLimitedCompanyLtd2021-08-012022-07-3108140290ns11:SmallEntities2021-08-012022-07-3108140290ns11:AuditExempt-NoAccountantsReport2021-08-012022-07-3108140290ns11:SmallCompaniesRegimeForDirectorsReport2021-08-012022-07-3108140290ns11:SmallCompaniesRegimeForAccounts2021-08-012022-07-3108140290ns11:FullAccounts2021-08-012022-07-3108140290ns11:Director22021-08-012022-07-3108140290ns11:RegisteredOffice2021-08-012022-07-3108140290ns6:CurrentFinancialInstruments2022-07-3108140290ns6:CurrentFinancialInstruments2021-07-3108140290ns6:Non-currentFinancialInstruments2022-07-3108140290ns6:Non-currentFinancialInstruments2021-07-3108140290ns6:ShareCapital2022-07-3108140290ns6:ShareCapital2021-07-3108140290ns6:RetainedEarningsAccumulatedLosses2022-07-3108140290ns6:RetainedEarningsAccumulatedLosses2021-07-3108140290ns6:PlantMachinery2021-08-012022-07-3108140290ns6:PlantMachinery2021-07-3108140290ns6:PlantMachinery2022-07-3108140290ns6:PlantMachinery2021-07-3108140290ns6:WithinOneYearns6:CurrentFinancialInstruments2022-07-3108140290ns6:WithinOneYearns6:CurrentFinancialInstruments2021-07-31
















MSH PARTNERSHIP (UK) LIMITED

Unaudited Financial Statements

for the Year Ended 31st July 2022






MSH PARTNERSHIP (UK) LIMITED (REGISTERED NUMBER: 08140290)






Contents of the Financial Statements
for the year ended 31st July 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MSH PARTNERSHIP (UK) LIMITED

Company Information
for the year ended 31st July 2022







DIRECTORS: Ms S J Henry
S O'Loughlin





REGISTERED OFFICE: 1 Abbots Quay
Monks Ferry
Birkenhead
Merseyside
CH41 5LH





REGISTERED NUMBER: 08140290 (England and Wales)






MSH PARTNERSHIP (UK) LIMITED (REGISTERED NUMBER: 08140290)

Balance Sheet
31st July 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 112

CURRENT ASSETS
Debtors 5 782 1,562
Cash at bank 20,245 25,503
21,027 27,065
CREDITORS
Amounts falling due within one year 6 38,340 35,999
NET CURRENT LIABILITIES (17,313 ) (8,934 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,313 ) (8,822 )

CREDITORS
Amounts falling due after more than one
year

7

3,333

4,333
NET LIABILITIES (20,646 ) (13,155 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (20,648 ) (13,157 )
SHAREHOLDERS' FUNDS (20,646 ) (13,155 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

MSH PARTNERSHIP (UK) LIMITED (REGISTERED NUMBER: 08140290)

Balance Sheet - continued
31st July 2022


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 1st September 2022 and were signed on its behalf by:





Ms S J Henry - Director


MSH PARTNERSHIP (UK) LIMITED (REGISTERED NUMBER: 08140290)

Notes to the Financial Statements
for the year ended 31st July 2022

1. STATUTORY INFORMATION

MSH Partnership (UK) 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.

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.
Plant and machinery etc - 25% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

MSH PARTNERSHIP (UK) LIMITED (REGISTERED NUMBER: 08140290)

Notes to the Financial Statements - continued
for the year ended 31st July 2022

2. ACCOUNTING POLICIES - continued

Significant judgement & estimates
Preparation of the financial statements requires management to make significant judgements and estimates. The areas in the financial statements where these judgements and estimates have been made include:

- The useful economic lives of tangible fixed assets.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from banks and other third parties.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs.

Going concern
These financial statements have been prepared on a going concern basis. The directors have reviewed future cash flows and will continue to support the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st August 2021
and 31st July 2022 1,444
DEPRECIATION
At 1st August 2021 1,332
Charge for year 112
At 31st July 2022 1,444
NET BOOK VALUE
At 31st July 2022 -
At 31st July 2021 112

MSH PARTNERSHIP (UK) LIMITED (REGISTERED NUMBER: 08140290)

Notes to the Financial Statements - continued
for the year ended 31st July 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 782 1,562

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 1,000 667
Other creditors 37,340 35,332
38,340 35,999

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 3,333 4,333

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 333

8. RELATED PARTY DISCLOSURES

Included in other creditors at 31st July 2022 is an amount of £37,339 (2021 - £35,332) owed to the directors, Ms S J Henry and Mr S O'Loughlin.