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REGISTERED NUMBER: 07005541 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

MDH BUSINESS ADVISERS LIMITED

MDH BUSINESS ADVISERS LIMITED (REGISTERED NUMBER: 07005541)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MDH BUSINESS ADVISERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: M D Hemme





REGISTERED OFFICE: 21 Stafford Road
Croydon
Surrey
CR0 4NG





REGISTERED NUMBER: 07005541 (England and Wales)






MDH BUSINESS ADVISERS LIMITED (REGISTERED NUMBER: 07005541)

BALANCE SHEET
31 AUGUST 2024

31/8/24 31/8/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,828 5,131
Tangible assets 5 119,424 122,826
122,252 127,957

CURRENT ASSETS
Work in progress 28,479 22,825
Debtors 6 95,053 79,773
Cash at bank 7,183 272
130,715 102,870
CREDITORS
Amounts falling due within one year 7 159,861 146,881
NET CURRENT LIABILITIES (29,146 ) (44,011 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,106

83,946

CREDITORS
Amounts falling due after more than one
year

8

(54,144

)

(66,952

)

PROVISIONS FOR LIABILITIES (16,573 ) (2,378 )
NET ASSETS 22,389 14,616

CAPITAL AND RESERVES
Called up share capital 9 9
Capital redemption reserve 1 1
Retained earnings 22,379 14,606
SHAREHOLDERS' FUNDS 22,389 14,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MDH BUSINESS ADVISERS LIMITED (REGISTERED NUMBER: 07005541)

BALANCE SHEET - continued
31 AUGUST 2024


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 director and authorised for issue on 17 October 2024 and were signed by:





M D Hemme - Director


MDH BUSINESS ADVISERS LIMITED (REGISTERED NUMBER: 07005541)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

MDH Business Advisers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 50% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing work in progress to their present location and condition.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

MDH BUSINESS ADVISERS LIMITED (REGISTERED NUMBER: 07005541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 8,160
AMORTISATION
At 1 September 2023 3,029
Charge for year 2,303
At 31 August 2024 5,332
NET BOOK VALUE
At 31 August 2024 2,828
At 31 August 2023 5,131

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023 1,984 176,758 17,589 196,331
Additions 15,467 - 7,992 23,459
Disposals (1,190 ) - (7,631 ) (8,821 )
At 31 August 2024 16,261 176,758 17,950 210,969
DEPRECIATION
At 1 September 2023 1,340 62,063 10,102 73,505
Charge for year 2,544 19,161 5,156 26,861
Eliminated on disposal (1,190 ) - (7,631 ) (8,821 )
At 31 August 2024 2,694 81,224 7,627 91,545
NET BOOK VALUE
At 31 August 2024 13,567 95,534 10,323 119,424
At 31 August 2023 644 114,695 7,487 122,826

MDH BUSINESS ADVISERS LIMITED (REGISTERED NUMBER: 07005541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Amounts owed by group undertakings - 356
Other debtors 95,053 79,417
95,053 79,773

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans and overdrafts 25,345 20,649
Trade creditors 29,003 8,980
Amounts owed to group undertakings 40 -
Taxation and social security 37,027 17,333
Other creditors 68,446 99,919
159,861 146,881

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/8/24 31/8/23
£    £   
Bank loans 39,508 -
Amounts owed to group undertakings 14,636 66,952
54,144 66,952

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31/8/24 31/8/23
£    £   
M D Hemme
Balance outstanding at start of year - -
Amounts repaid (1,559 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,559 ) -

10. RELATED PARTY DISCLOSURES

MDH Limited

Associated Company


31/8/24 31/8/23
£    £   
Amount due to related party at the balance sheet date 14,636 -

MDH BUSINESS ADVISERS LIMITED (REGISTERED NUMBER: 07005541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

10. RELATED PARTY DISCLOSURES - continued

MDH Small Business Limited

Associated Company


31/8/24 31/8/23
£    £   
Amount due to related party at the balance sheet date 40 -

11. ULTIMATE CONTROLLING PARTY

The controlling party is MDH Limited.

The ultimate controlling party is M D Hemme.