1 August 2022 v2023.22.2 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activityxbrli:purexbrli:sharesiso4217:GBP114466202022-08-012023-04-30114466202023-04-3011446620bus:Director12022-08-012023-04-3011446620bus:RegisteredOffice2022-08-012023-04-30114466202021-08-012022-07-3111446620core:RetainedEarningsAccumulatedLosses2022-08-0111446620core:RetainedEarningsAccumulatedLosses2021-08-0111446620core:RetainedEarningsAccumulatedLosses2022-08-012023-04-3011446620core:RetainedEarningsAccumulatedLosses2021-08-012022-07-3111446620core:RetainedEarningsAccumulatedLosses2023-04-3011446620core:RetainedEarningsAccumulatedLosses2022-07-31114466202022-07-3111446620core:WithinOneYear2023-04-3011446620core:WithinOneYear2022-07-3111446620core:ShareCapital2023-04-3011446620core:ShareCapital2022-07-311144662012022-08-012023-04-3011446620countries:EnglandWales2022-08-012023-04-3011446620bus:AuditExempt-NoAccountantsReport2022-08-012023-04-3011446620bus:PrivateLimitedCompanyLtd2022-08-012023-04-3011446620bus:SmallEntities2022-08-012023-04-3011446620bus:FullAccounts2022-08-012023-04-30
Company registration number:
11446620
MAH SERVICES GROUP LIMITED
Unaudited Financial Statements for the period ended
30 April 2023
MAH SERVICES GROUP LIMITED
Officers and Professional Advisers
Period ended
30 April 2023
Director
Mohamad Hassan SHEHADE
Registered office
20a Sapcote Trading Centre
374 Willesden High Road
London
NW10 2DH
United Kingdom
MAH SERVICES GROUP LIMITED
Director's Report
Period ended
30 April 2023
The director presents the report and the unaudited
financial statements
of the company for the period from 1 August 2022 to 30 April 2023.

Directors

The director who served the company during the period was as follows:
Mohamad Hassan SHEHADE

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
2 October 2023
and signed on behalf of the board by:
Mohamad Hassan SHEHADE
Director
MAH SERVICES GROUP LIMITED
Report to the board of directors on the preparation of the unaudited statutory financial statements of MAH SERVICES GROUP LIMITED
Period ended
30 April 2023
As described on the statement of financial position, the Board of Directors of
MAH SERVICES GROUP LIMITED
are responsible for the preparation of the
financial statements
for the period ended
30 April 2023
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
MAH SERVICES GROUP LIMITED
Income Statement
Period ended
30 April 2023
Period from 1 Aug 2022 to 30 Apr 2023Year to 31 Jul 2022
££
Turnover
483,419
 
547,979
 
Cost of sales
(280,822
) (322,078 )
Gross profit
202,597
 
225,901
 
Administrative expenses
(169,810
)
(199,008
)
Operating profit
32,787
 
26,893
 
Profit before tax
32,787
 
26,893
 
Tax on profit
(6,230
)
(5,110
)
Profit for the financial period
26,557
 
21,783
 
The company has no other recognised items of income or expense other than the results for the period as set out above.
MAH SERVICES GROUP LIMITED
Statement of Income and Retained Earnings
Period ended
30 April 2023
Period from 1 Aug 2022 to 30 Apr 2023Year to 31 Jul 2022
££
Retained earnings at the start of the period
11,016
 
19,233
 
Profit for the financial period
26,557
 
21,783
 
Dividends declared and paid or payable during the period
(30,000
)
(30,000
)
Retained earnings at the end of the period
7,573
 
11,016
 
MAH SERVICES GROUP LIMITED
Statement of Financial Position
30 April 2023
30 Apr 202331 Jul 2022
Note££
Current assets    
Debtors 5
550,530
 
556,940
 
Cash at bank and in hand
4,863
 
7,957
 
555,393
 
564,897
 
Creditors: amounts falling due within one year 6
(47,820
)
(53,881
)
Net current assets
507,573
 
511,016
 
Total assets less current liabilities 507,573   511,016  
Capital and reserves    
Called up share capital
500,000
 
500,000
 
Profit and loss account
7,573
 
11,016
 
Shareholders funds
507,573
 
511,016
 
For the period ending
30 April 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
2 October 2023
, and are signed on behalf of the board by:
Mohamad Hassan SHEHADE
Director
Company registration number:
11446620
MAH SERVICES GROUP LIMITED
Notes to the Financial Statements
Period ended
30 April 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
20a Sapcote Trading Centre
,
374 Willesden High Road
,
London
,
NW10 2DH
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the period was
11
(2022:
11.00
).

5 Debtors

30 Apr 202331 Jul 2022
££
Trade debtors
50,530
 
56,940
 
Other debtors
500,000
 
500,000
 
550,530
 
556,940
 

6 Creditors: amounts falling due within one year

30 Apr 202331 Jul 2022
££
Bank loans and overdrafts
35,828
 
46,400
 
Taxation and social security
10,992
 
6,481
 
Other creditors
1,000
 
1,000
 
47,820
 
53,881