MFH SERVICE QUALITY MANAGEMENT LIMITED

Company Registration Number:
SC450706 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2022

Period of accounts

Start date: 01 July 2021

End date: 30 June 2022

MFH SERVICE QUALITY MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2022

Balance sheet
Notes

MFH SERVICE QUALITY MANAGEMENT LIMITED

Balance sheet

As at 30 June 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 12,899 22,073
Total fixed assets: 12,899 22,073
Current assets
Debtors: 4 11,633 30,328
Cash at bank and in hand: 277,747 227,399
Total current assets: 289,380 257,727
Creditors: amounts falling due within one year: 5 (40,338) (25,826)
Net current assets (liabilities): 249,042 231,901
Total assets less current liabilities: 261,941 253,974
Creditors: amounts falling due after more than one year: 6 (60,238) (73,027)
Total net assets (liabilities): 201,703 180,947
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 201,701 180,945
Shareholders funds: 201,703 180,947

The notes form part of these financial statements

MFH SERVICE QUALITY MANAGEMENT LIMITED

Balance sheet statements

For the year ending 30 June 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 September 2022
and signed on behalf of the board by:

Name: C Travers
Status: Director

The notes form part of these financial statements

MFH SERVICE QUALITY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MFH SERVICE QUALITY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

2. Employees

2022 2021
Average number of employees during the period 2 2

MFH SERVICE QUALITY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

3. Tangible Assets

Total
Cost £
At 01 July 2021 46,591
Additions 2,478
At 30 June 2022 49,069
Depreciation
At 01 July 2021 24,518
Charge for year 11,652
At 30 June 2022 36,170
Net book value
At 30 June 2022 12,899
At 30 June 2021 22,073

MFH SERVICE QUALITY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Debtors

Trade Debtors - £11,633 (2021 - £30,328)

MFH SERVICE QUALITY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

5. Creditors: amounts falling due within one year note

Hire purchase contracts - £6,039 (2021 - £6,039)Taxation and social security - £31,185 (2021 - £17,592)Other creditors - £3,115 (2021 - £2,195)

MFH SERVICE QUALITY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

6. Creditors: amounts falling due after more than one year note

Bank loans - £38,250 (2021 - £45,000)Hire purchase contracts - £21,988 (2021 - £28,027)