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REGISTERED NUMBER: 11562587 (England and Wales)














Unaudited Financial Statements

for the Period 1 October 2021 to 31 December 2022

for

MHAF Management Limited

MHAF Management Limited (Registered number: 11562587)






Contents of the Financial Statements
for the Period 1 October 2021 to 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MHAF Management Limited

Company Information
for the Period 1 October 2021 to 31 December 2022







DIRECTOR: Ms L Shields





REGISTERED OFFICE: FFT
Reedham House
31 King Street West
Manchester
Greater Manchester
M3 2PJ





BUSINESS ADDRESS: The Exchange
2 Malt Street
Knutsford
Cheshire
WA16 6ES





REGISTERED NUMBER: 11562587 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

MHAF Management Limited (Registered number: 11562587)

Balance Sheet
31 December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,808 360

CURRENT ASSETS
Debtors 5 283,829 308,459
Cash at bank and in hand 33,421 27,319
317,250 335,778
CREDITORS
Amounts falling due within one year 6 261,973 302,633
NET CURRENT ASSETS 55,277 33,145
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,085

33,505

CREDITORS
Amounts falling due after more than one
year

7

31,786

-
NET ASSETS 71,299 33,505

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 71,199 33,405
71,299 33,505

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MHAF Management Limited (Registered number: 11562587)

Balance Sheet - continued
31 December 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 director and authorised for issue on 16 February 2024 and were signed by:





Ms L Shields - Director


MHAF Management Limited (Registered number: 11562587)

Notes to the Financial Statements
for the Period 1 October 2021 to 31 December 2022

1. STATUTORY INFORMATION

MHAF Management 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles - 25% reducing balance
Computer equipment - 25% on cost

Tangible fixed assets are initially recorded at cost less accumulated depreciation and accumulated impairment losses.

Taxation
Taxation for the period 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 period 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MHAF Management Limited (Registered number: 11562587)

Notes to the Financial Statements - continued
for the Period 1 October 2021 to 31 December 2022

2. ACCOUNTING POLICIES - continued

Going concern
The company's financial statements for the period ended 31 December 2022 have been prepared on a going concern basis as, after making appropriate enquiries, the directrors have a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2021 - 540 540
Additions 56,990 - 56,990
At 31 December 2022 56,990 540 57,530
DEPRECIATION
At 1 October 2021 - 180 180
Charge for period 9,373 169 9,542
At 31 December 2022 9,373 349 9,722
NET BOOK VALUE
At 31 December 2022 47,617 191 47,808
At 30 September 2021 - 360 360

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 56,990
At 31 December 2022 56,990
DEPRECIATION
Charge for period 9,373
At 31 December 2022 9,373
NET BOOK VALUE
At 31 December 2022 47,617

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 283,829 308,459

MHAF Management Limited (Registered number: 11562587)

Notes to the Financial Statements - continued
for the Period 1 October 2021 to 31 December 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 674 630
Hire purchase contracts 12,244 -
Trade creditors 108,864 22,038
Taxation and social security 11,474 7,997
Other creditors 128,717 271,968
261,973 302,633

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Hire purchase contracts 31,786 -

8. RELATED PARTY DISCLOSURES

Entities over which the entity has control, joint control or significant influence:

2022 2021
£ £
Amounts due to related party 264,542 301,952

There are no fixed repayment terms and no interest is chargeable in respect of these balances.