1 April 2022 false No description of principal activity Taxfiler 2023.9 SC299947business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC2999472022-03-31 SC2999472022-04-012023-03-31 SC299947business:AuditExemptWithAccountantsReport2022-04-012023-03-31 SC299947business:FilletedAccounts2022-04-012023-03-31 SC2999472023-03-31 SC299947business:Director12022-04-012023-03-31 SC299947business:CompanySecretary12022-04-012023-03-31 SC299947business:RegisteredOffice2022-04-012023-03-31 SC2999472022-03-31 SC299947core:WithinOneYear2023-03-31 SC299947core:WithinOneYear2022-03-31 SC299947core:AfterOneYear2023-03-31 SC299947core:AfterOneYear2022-03-31 SC299947core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC299947core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC299947core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC299947core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC299947core:PreviouslyStatedAmount2023-03-31 SC299947core:PreviouslyStatedAmount2022-03-31 SC299947business:SmallEntities2022-04-012023-03-31 SC299947countries:Scotland2022-04-012023-03-31 SC299947core:PlantMachinery2022-04-012023-03-31 SC299947core:MotorVehicles2022-04-012023-03-31 SC299947core:FurnitureFittings2022-04-012023-03-31 SC299947core:ComputerEquipment2022-04-012023-03-31 SC299947core:IntangibleAssetsOtherThanGoodwill2022-03-31 SC299947core:IntangibleAssetsOtherThanGoodwill2023-03-31 SC299947core:PlantMachinery2022-03-31 SC299947core:MotorVehicles2022-03-31 SC299947core:FurnitureFittings2022-03-31 SC299947core:PlantMachinery2023-03-31 SC299947core:MotorVehicles2023-03-31 SC299947core:FurnitureFittings2023-03-31 SC2999472021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC299947 (Scotland)
M H Leisure Limited Unaudited accounts for the year ended 31 March 2023
M H Leisure Limited Unaudited accounts Contents
Page
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M H Leisure Limited Company Information for the year ended 31 March 2023
Director
Michael Harrison
Secretary
Sharon Ross
Company Number
SC299947 (Scotland)
Registered Office
THE BARN OVERGLINNS FINTRY GLASGOW G63 0LP
Accountants
Braes Accountancy Limited Ironworks Business Centre Castlelaurie Industrial Estate Falkirk Stirlingshire FK2 7XE
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M H Leisure Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
372,047 
290,520 
Current assets
Debtors
15,398 
15,399 
Cash at bank and in hand
33,364 
40,607 
48,762 
56,006 
Creditors: amounts falling due within one year
(290,938)
(248,474)
Net current liabilities
(242,176)
(192,468)
Total assets less current liabilities
129,871 
98,052 
Creditors: amounts falling due after more than one year
(133,289)
(87,368)
Net (liabilities)/assets
(3,418)
10,684 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,419)
10,683 
Shareholders' funds
(3,418)
10,684 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 October 2023 and were signed on its behalf by
Michael Harrison Director Company Registration No. SC299947
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M H Leisure Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
M H Leisure Limited is a private company, limited by shares, registered in Scotland, registration number SC299947. The registered office is THE BARN OVERGLINNS, FINTRY, GLASGOW, G63 0LP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2022
22,873 
At 31 March 2023
22,873 
Amortisation
At 1 April 2022
22,873 
At 31 March 2023
22,873 
Net book value
At 31 March 2023
- 
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M H Leisure Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
639,317 
55,547 
1,735 
696,599 
Additions
146,072 
23,236 
- 
169,308 
Disposals
- 
(21,897)
- 
(21,897)
At 31 March 2023
785,389 
56,886 
1,735 
844,010 
Depreciation
At 1 April 2022
390,457 
13,887 
1,735 
406,079 
Charge for the year
59,240 
12,118 
- 
71,358 
On disposals
- 
(5,474)
- 
(5,474)
At 31 March 2023
449,697 
20,531 
1,735 
471,963 
Net book value
At 31 March 2023
335,692 
36,355 
- 
372,047 
At 31 March 2022
248,860 
41,660 
- 
290,520 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,072 
8,776 
Trade debtors
12,326 
2,723 
Other debtors
- 
3,900 
15,398 
15,399 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
49,052 
- 
Obligations under finance leases and hire purchase contracts
8,213 
8,213 
Trade creditors
20,049 
69,551 
Taxes and social security
1,743 
396 
Loans from directors
211,881 
170,314 
290,938 
248,474 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
102,829 
56,925 
Obligations under finance leases and hire purchase contracts
30,460 
30,443 
133,289 
87,368 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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