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REGISTERED NUMBER: 13618776 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

MH Web Group Investments Ltd

MH Web Group Investments Ltd (Registered number: 13618776)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


MH Web Group Investments Ltd (Registered number: 13618776)

Statement of Financial Position
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 132,674 -

CURRENT ASSETS
Debtors 5 - 3,510
Cash at bank 77 40,931
77 44,441
CREDITORS
Amounts falling due within one year 6 79,586 51,586
NET CURRENT LIABILITIES (79,509 ) (7,145 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,165

(7,145

)

CREDITORS
Amounts falling due after more than
one year

7

71,000

-
NET LIABILITIES (17,835 ) (7,145 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (17,935 ) (7,245 )
SHAREHOLDERS' FUNDS (17,835 ) (7,145 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MH Web Group Investments Ltd (Registered number: 13618776)

Statement of Financial Position - continued
30 September 2023


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 Board of Directors and authorised for issue on 22 September 2024 and were signed on its behalf by:





Mr L W L M Mulders - Director


MH Web Group Investments Ltd (Registered number: 13618776)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

MH Web Group Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13618776

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

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.

Investment property
The investment property has been stated at cost as the property is still under refurbishment as at balance sheet date therefore the market value cannot be estimated.

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

MH Web Group Investments Ltd (Registered number: 13618776)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued

Going concern
The company has net liabilities of £17,835. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 132,674
At 30 September 2023 132,674
NET BOOK VALUE
At 30 September 2023 132,674

Investment property situated at Unit 203, Glovers Court, Preston, Lancashire, PR1 3LS is under a charge from Bridgeco Limited. The charge was created on 10th March 2023.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors - 3,510

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other creditors 79,586 51,586

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans 71,000 -

MH Web Group Investments Ltd (Registered number: 13618776)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

8. SECURED DEBTS

The loan amounting to £71,000 is secured by the way of charge on the property situated at Unit 203, Glovers Court, Preston, Lancashire, PR1 3LS (disclosed as investment property). The charge was created in the name of Bridgeco Limited on 10th March 2023.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

The company owes £38,848 to its director, Mr L W L M Mulders who is also a 50% shareholder of the company as at accounting year end date.

The company owes £38,848 to its director, Mr J P M Heyms who is also a 50% shareholder of the company as at accounting year end date.