Company Registration No. NI674635 (Northern Ireland)
MAHHTECH ELECTRONICS LTD
Unaudited accounts
for the year ended 31 December 2023
MAHHTECH ELECTRONICS LTD
Unaudited accounts
Contents
MAHHTECH ELECTRONICS LTD
Company Information
for the year ended 31 December 2023
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
MAHHTECH ELECTRONICS LTD
Statement of financial position
as at 31 December 2023
Inventories
115,735
103,087
Cash at bank and in hand
5,093
3,137
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)
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
MAHHTECH ELECTRONICS LTD
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
87,658
66,414
Taxes and social security
2,347
1,972
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
23,923
32,765
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).