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Company Registration No. NI674635 (Northern Ireland)
MAHHTECH ELECTRONICS LTD Unaudited accounts for the year ended 31 December 2023
MAHHTECH ELECTRONICS LTD Unaudited accounts Contents
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MAHHTECH ELECTRONICS LTD Company Information for the year ended 31 December 2023
Director
Shaukat Ali
Company Number
NI674635 (Northern Ireland)
Registered Office
2 CASTLE STREET LISBURN ANTRIM BT27 4XD NORTHERN IRELAND
Accountants
Caldwell House Consulting 44 Caldwell Road Birmingham West Midlands B9 5TQ
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MAHHTECH ELECTRONICS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
115,735 
103,087 
Debtors
374 
235 
Cash at bank and in hand
5,093 
3,137 
121,202 
106,459 
Creditors: amounts falling due within one year
(92,913)
(69,285)
Net current assets
28,289 
37,174 
Total assets less current liabilities
28,289 
37,174 
Creditors: amounts falling due after more than one year
(23,923)
(32,765)
Net assets
4,366 
4,409 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,365 
4,408 
Shareholders' funds
4,366 
4,409 
For the year ending 31 December 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 18 September 2024 and were signed on its behalf by
Shaukat Ali Director Company Registration No. NI674635
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MAHHTECH ELECTRONICS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
MAHHTECH ELECTRONICS LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI674635. The registered office is 2 CASTLE STREET, LISBURN, ANTRIM, BT27 4XD, NORTHERN IRELAND.
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
374 
235 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,908 
899 
Trade creditors
87,658 
66,414 
Taxes and social security
2,347 
1,972 
92,913 
69,285 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
23,923 
32,765 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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