2023-01-01 2023-12-31 false Capium Accounts Production 1.1 04489559 bus:FullAccounts 2023-01-01 2023-12-31 04489559 bus:FRS102 2023-01-01 2023-12-31 04489559 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04489559 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04489559 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04489559 2023-01-01 2023-12-31 04489559 2023-12-31 04489559 bus:RegisteredOffice 2023-01-01 2023-12-31 04489559 core:WithinOneYear 2023-12-31 04489559 core:AfterOneYear 2023-12-31 04489559 bus:Director1 2023-01-01 2023-12-31 04489559 bus:Director1 2023-12-31 04489559 bus:Director1 2021-09-01 2022-12-31 04489559 bus:Director2 2023-01-01 2023-12-31 04489559 bus:Director2 2023-12-31 04489559 bus:Director2 2021-09-01 2022-12-31 04489559 bus:Director3 2023-01-01 2023-12-31 04489559 bus:Director3 2023-12-31 04489559 bus:Director3 2021-09-01 2022-12-31 04489559 bus:Director4 2023-01-01 2023-12-31 04489559 bus:Director4 2023-12-31 04489559 bus:Director4 2021-09-01 2022-12-31 04489559 2021-09-01 04489559 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 04489559 2021-09-01 2022-12-31 04489559 2022-12-31 04489559 core:WithinOneYear 2022-12-31 04489559 core:AfterOneYear 2022-12-31 04489559 bus:EntityAccountantsOrAuditors 2021-09-01 2022-12-31 04489559 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 04489559 bus:OrdinaryShareClass1 2023-12-31 04489559 bus:OrdinaryShareClass1 2021-09-01 2022-12-31 04489559 bus:OrdinaryShareClass1 2022-12-31 04489559 bus:OrdinaryShareClass2 2023-01-01 2023-12-31 04489559 bus:OrdinaryShareClass2 2023-12-31 04489559 bus:OrdinaryShareClass2 2021-09-01 2022-12-31 04489559 bus:OrdinaryShareClass2 2022-12-31 04489559 bus:OrdinaryShareClass3 2023-01-01 2023-12-31 04489559 bus:OrdinaryShareClass3 2023-12-31 04489559 bus:OrdinaryShareClass3 2021-09-01 2022-12-31 04489559 bus:OrdinaryShareClass3 2022-12-31 04489559 bus:OrdinaryShareClass4 2023-01-01 2023-12-31 04489559 bus:OrdinaryShareClass4 2023-12-31 04489559 bus:OrdinaryShareClass4 2021-09-01 2022-12-31 04489559 bus:OrdinaryShareClass4 2022-12-31 04489559 core:PlantMachinery 2023-01-01 2023-12-31 04489559 core:PlantMachinery 2023-12-31 04489559 core:PlantMachinery 2022-12-31 04489559 core:FurnitureFittings 2023-01-01 2023-12-31 04489559 core:FurnitureFittings 2023-12-31 04489559 core:FurnitureFittings 2022-12-31 04489559 core:ComputerEquipment 2023-01-01 2023-12-31 04489559 core:ComputerEquipment 2023-12-31 04489559 core:ComputerEquipment 2022-12-31 04489559 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 04489559 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-12-31 04489559 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 04489559 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 04489559 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 04489559 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 04489559 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 04489559 core:Non-currentFinancialInstruments 2023-12-31 04489559 core:Non-currentFinancialInstruments 2022-12-31 04489559 core:ShareCapital 2023-12-31 04489559 core:ShareCapital 2022-12-31 04489559 core:RetainedEarningsAccumulatedLosses 2023-12-31 04489559 core:RetainedEarningsAccumulatedLosses 2022-12-31 04489559 dpl:Item1 2023-01-01 04489559 dpl:Item1 2023-12-31 04489559 dpl:Item1 2021-09-01 04489559 dpl:Item1 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 04489559
England and Wales

 

 

 

MPH ENTERPRISES LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2023

End date: 31 December 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 27,813    33,918 
27,813    33,918 
Current assets      
Stocks 4 269,308    249,955 
Debtors 5 893,892    1,011,999 
Cash at bank and in hand 1,052    87,609 
1,164,252    1,349,563 
Creditors: amount falling due within one year 6 (702,581)   (895,120)
Net current assets 461,671    454,443 
 
Total assets less current liabilities 489,484    488,361 
Creditors: amount falling due after more than one year 7 (18,394)   (29,167)
Provisions for liabilities 8 (6,378)   (6,444)
Net assets 464,712    452,750 
 

Capital and reserves
     
Called up share capital 9 100    100 
Profit and loss account 464,612    452,650 
Shareholders' funds 464,712    452,750 
 


For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 26 September 2024 and were signed on its behalf by:


-------------------------------
Mr M P E Harvey
Director
1
General Information
MPH Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 04489559, registration address c/o 2 Manor Court, Manor Mill Lane, Leeds, LS11 8LQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 18% Reducing Balance
Fixtures and Fittings 18% Reducing Balance
Computer Equipment 18% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 12 (2022 : 17).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 January 2023 19,622    29,013    30,628    79,263 
Additions      
Disposals      
At 31 December 2023 19,622    29,013    30,628    79,263 
Depreciation
At 01 January 2023 5,123    16,101    24,120    45,344 
Charge for year 2,610    2,324    1,172    6,106 
On disposals      
At 31 December 2023 7,733    18,425    25,292    51,450 
Net book values
Closing balance as at 31 December 2023 11,889    10,588    5,336    27,813 
Opening balance as at 01 January 2023 14,498    12,912    6,508    33,918 


4.

Stocks

2023
£
  2022
£
Stocks 269,308    249,955 
269,308    249,955 

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 283,629    448,559 
Other Debtors 610,263    563,440 
893,892    1,011,999 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 276,346    502,531 
Bank Loans & Overdrafts 311,748    205,987 
Other Creditors 114,487    186,602 
702,581    895,120 

7.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts 18,394    29,167 
18,394    29,167 

8.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 5,284    6,444 
Pension Provisions 1,094   
6,378    6,444 

9.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
50 Class A shares of £1.00 each 50    50 
18 Class B shares of £1.00 each 18    18 
17 Class C shares of £1.00 each 17    17 
15 Class D shares of £1.00 each 15    15 
100    100 

10.

Controlling Party

The company was under the control of its directors throughout this and the previous year.
11.

Directors' Loan Account

Particulars   b/forward
£
  advances
£
  credits
£
  c/forward
£
M Harvey (2,131) 7,540  (30,000) (24,561)
S Isaacs (7,567) 996  (6,571)

12.

Shares

All classes of shares rank equally for voting rights, dividends and capital distribution.
2