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Company Registration No. 12090847 (England and Wales)
MHP FITNESS GROUP LIMITED Unaudited accounts for the year ended 30 November 2023
MHP FITNESS GROUP LIMITED Unaudited accounts Contents
Page
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MHP FITNESS GROUP LIMITED Company Information for the year ended 30 November 2023
Directors
Jasvir Kaur Bhambra Davinder Singh Johal
Company Number
12090847 (England and Wales)
Registered Office
SECOND FLOOR 26 GOODGE STREET LONDON W1T 2QG ENGLAND
Accountants
Accountingpreneur Limited Second Floor 26 Goodge Street Fitzrovia London W1T 2QG
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MHP FITNESS GROUP LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
13,411 
14,901 
Tangible assets
308,248 
267,986 
321,659 
282,887 
Current assets
Debtors
113,419 
80,862 
Cash at bank and in hand
16,706 
47,299 
130,125 
128,161 
Creditors: amounts falling due within one year
(422,042)
(313,762)
Net current liabilities
(291,917)
(185,601)
Total assets less current liabilities
29,742 
97,286 
Creditors: amounts falling due after more than one year
(257,050)
(317,801)
Net liabilities
(227,308)
(220,515)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(227,408)
(220,615)
Shareholders' funds
(227,308)
(220,515)
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
Jasvir Kaur Bhambra Director Company Registration No. 12090847
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MHP FITNESS GROUP LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
MHP FITNESS GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12090847. The registered office is SECOND FLOOR, 26 GOODGE STREET, LONDON, W1T 2QG, ENGLAND.
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:
Land & buildings
Depreciation @10%WDV
Plant & machinery
Depreciation @25%WDV
Fixtures & fittings
Depreciation @15%WDV
Computer equipment
Depreciation @33.33%WDV
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation @10%WDV
4
Intangible fixed assets
Other 
£ 
Cost
At 1 December 2022
30,000 
At 30 November 2023
30,000 
Amortisation
At 1 December 2022
15,099 
Charge for the year
1,490 
At 30 November 2023
16,589 
Net book value
At 30 November 2023
13,411 
At 30 November 2022
14,901 
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MHP FITNESS GROUP LIMITED Notes to the Accounts for the year ended 30 November 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
301,547 
61,521 
8,273 
9,296 
380,637 
Additions
- 
- 
74,807 
- 
74,807 
At 30 November 2023
301,547 
61,521 
83,080 
9,296 
455,444 
Depreciation
At 1 December 2022
78,459 
25,098 
4,499 
4,595 
112,651 
Charge for the year
22,309 
9,106 
1,563 
1,567 
34,545 
At 30 November 2023
100,768 
34,204 
6,062 
6,162 
147,196 
Net book value
At 30 November 2023
200,779 
27,317 
77,018 
3,134 
308,248 
At 30 November 2022
223,088 
36,423 
3,774 
4,701 
267,986 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,218 
Amounts due from group undertakings etc.
9,374 
- 
Accrued income and prepayments
7,034 
- 
Other debtors
94,743 
79,644 
111,151 
80,862 
Amounts falling due after more than one year
Other debtors
2,268 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
17,614 
18,947 
Trade creditors
116,212 
20,921 
Amounts owed to group undertakings and other participating interests
37,940 
- 
Taxes and social security
13,214 
9,114 
Other creditors
10,608 
10,353 
Loans from directors
226,454 
254,427 
422,042 
313,762 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
257,050 
317,801 
9
Average number of employees
During the year the average number of employees was 3 (2022: 5).
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