1 April 2023 false No description of principal activity Taxfiler 2024.5 SC299947business:PrivateLimitedCompanyLtd2023-04-012024-03-31 SC2999472023-03-31 SC2999472023-04-012024-03-31 SC299947business:AuditExemptWithAccountantsReport2023-04-012024-03-31 SC299947business:FilletedAccounts2023-04-012024-03-31 SC2999472024-03-31 SC299947business:Director12023-04-012024-03-31 SC299947business:CompanySecretary12023-04-012024-03-31 SC299947business:RegisteredOffice2023-04-012024-03-31 SC2999472023-03-31 SC299947core:WithinOneYear2024-03-31 SC299947core:WithinOneYear2023-03-31 SC299947core:AfterOneYear2024-03-31 SC299947core:AfterOneYear2023-03-31 SC299947core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 SC299947core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC299947core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 SC299947core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC299947core:PreviouslyStatedAmount2024-03-31 SC299947core:PreviouslyStatedAmount2023-03-31 SC299947business:SmallEntities2023-04-012024-03-31 SC299947countries:Scotland2023-04-012024-03-31 SC299947core:PlantMachinery2023-04-012024-03-31 SC299947core:MotorVehicles2023-04-012024-03-31 SC299947core:FurnitureFittings2023-04-012024-03-31 SC299947core:ComputerEquipment2023-04-012024-03-31 SC299947core:IntangibleAssetsOtherThanGoodwill2023-03-31 SC299947core:IntangibleAssetsOtherThanGoodwill2024-03-31 SC299947core:PlantMachinery2023-03-31 SC299947core:MotorVehicles2023-03-31 SC299947core:FurnitureFittings2023-03-31 SC299947core:PlantMachinery2024-03-31 SC299947core:MotorVehicles2024-03-31 SC299947core:FurnitureFittings2024-03-31 SC2999472022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC299947 (Scotland)
MH Leisure Limited Unaudited accounts for the year ended 31 March 2024
MH Leisure Limited Unaudited accounts Contents
Page
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MH Leisure Limited Company Information for the year ended 31 March 2024
Director
Michael Harrison
Secretary
Sharon Ross
Company Number
SC299947 (Scotland)
Registered Office
THE BARN OVERGLINNS FINTRY GLASGOW G63 0LP
Accountants
Braes Accountancy Limited Ironworks Business Centre Castlelaurie Industrial Estate Falkirk Stirlingshire FK2 7XE
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MH Leisure Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
468,268 
372,047 
Current assets
Debtors
3,219 
15,398 
Cash at bank and in hand
72,494 
33,364 
75,713 
48,762 
Creditors: amounts falling due within one year
(234,800)
(290,938)
Net current liabilities
(159,087)
(242,176)
Total assets less current liabilities
309,181 
129,871 
Creditors: amounts falling due after more than one year
(389,488)
(133,289)
Net liabilities
(80,307)
(3,418)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(80,308)
(3,419)
Shareholders' funds
(80,307)
(3,418)
For the year ending 31 March 2024 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 2 August 2024 and were signed on its behalf by
Michael Harrison Director Company Registration No. SC299947
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MH Leisure Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MH Leisure Limited is a private company, limited by shares, registered in Scotland, registration number SC299947. The registered office is THE BARN OVERGLINNS, FINTRY, GLASGOW, G63 0LP.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
22,873 
At 31 March 2024
22,873 
Amortisation
At 1 April 2023
22,873 
At 31 March 2024
22,873 
Net book value
At 31 March 2024
- 
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MH Leisure Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
785,389 
56,886 
1,735 
844,010 
Additions
159,037 
27,308 
- 
186,345 
At 31 March 2024
944,426 
84,194 
1,735 
1,030,355 
Depreciation
At 1 April 2023
449,697 
20,531 
1,735 
471,963 
Charge for the year
74,209 
15,915 
- 
90,124 
At 31 March 2024
523,906 
36,446 
1,735 
562,087 
Net book value
At 31 March 2024
420,520 
47,748 
- 
468,268 
At 31 March 2023
335,692 
36,355 
- 
372,047 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,219 
3,072 
Trade debtors
- 
12,326 
3,219 
15,398 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
30,405 
49,052 
Obligations under finance leases and hire purchase contracts
7,829 
8,213 
Trade creditors
2,820 
20,049 
Taxes and social security
2,342 
1,743 
Other creditors
426 
- 
Loans from directors
190,978 
211,881 
234,800 
290,938 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
164,791 
102,829 
Obligations under finance leases and hire purchase contracts
24,697 
30,460 
Loans from directors
200,000 
- 
389,488 
133,289 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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