Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31false1true2023-06-011trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10428803 2023-06-01 2024-05-31 10428803 2022-06-01 2023-05-31 10428803 2024-05-31 10428803 2023-05-31 10428803 c:Director1 2023-06-01 2024-05-31 10428803 d:CurrentFinancialInstruments 2024-05-31 10428803 d:CurrentFinancialInstruments 2023-05-31 10428803 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10428803 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 10428803 d:ShareCapital 2024-05-31 10428803 d:ShareCapital 2023-05-31 10428803 c:FRS102 2023-06-01 2024-05-31 10428803 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10428803 c:FullAccounts 2023-06-01 2024-05-31 10428803 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10428803 d:Subsidiary1 2023-06-01 2024-05-31 10428803 d:Subsidiary1 1 2023-06-01 2024-05-31 10428803 6 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 10428803










MMH HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
MMH HOLDINGS LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 3


 
MMH HOLDINGS LIMITED
REGISTERED NUMBER: 10428803

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,187,726
1,187,726

Current assets
  

Cash at bank and in hand
  
7,199
7,187

Creditors: amounts falling due within one year
 5 
(1,194,915)
(1,194,903)

Net current liabilities
  
 
 
(1,187,716)
 
 
(1,187,716)

  

Net assets
  
10
10


Capital and reserves
  

Called up share capital 
  
10
10

  
10
10


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 September 2024.




R.L. Hinton
Director


The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
MMH HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

MMH Holdings Limited (the Company) is a private company limited by shares incorporated in England. The address of the registered office is Rutland House, 148 Edmund Street, Birmingham, B3 2FD. The principal place of business is Units 17 & 18 Maple Leaf Industrial Estate, Walsall, WS2 8TF. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented  in Sterling (£).

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 2

 
MMH HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Fixed asset investments





Investment in subsidiary company

£



Cost


At 1 June 2023
1,187,726



At 31 May 2024
1,187,726





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Principal activity

Class of shares

Holding

Midland Materials Handling Co. Limited
Hire and repair of mechanical handling equipment.
Ordinary
100%


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
144,925
144,913

Other creditors
1,049,990
1,049,990

1,194,915
1,194,903



6.


Related party transactions

At the balance sheet date key management had provided loans of £1,049,990 (2023: £1,049,990).

Page 3