IRIS Accounts Production v24.2.0.383 07527847 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075278472023-02-28075278472024-02-29075278472023-03-012024-02-29075278472022-02-28075278472022-03-012023-02-28075278472023-02-2807527847ns15:EnglandWales2023-03-012024-02-2907527847ns14:PoundSterling2023-03-012024-02-2907527847ns10:Director12023-03-012024-02-2907527847ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2907527847ns10:SmallEntities2023-03-012024-02-2907527847ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2907527847ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2907527847ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2907527847ns10:FullAccounts2023-03-012024-02-2907527847ns10:Director22023-03-012024-02-2907527847ns10:RegisteredOffice2023-03-012024-02-2907527847ns5:CurrentFinancialInstruments2024-02-2907527847ns5:CurrentFinancialInstruments2023-02-2807527847ns5:ShareCapital2024-02-2907527847ns5:ShareCapital2023-02-2807527847ns5:CapitalRedemptionReserve2024-02-2907527847ns5:CapitalRedemptionReserve2023-02-2807527847ns5:RetainedEarningsAccumulatedLosses2024-02-2907527847ns5:RetainedEarningsAccumulatedLosses2023-02-2807527847ns5:PlantMachinery2023-03-012024-02-2907527847ns5:FurnitureFittings2023-03-012024-02-2907527847ns5:ComputerEquipment2023-03-012024-02-2907527847ns5:PlantMachinery2023-02-2807527847ns5:FurnitureFittings2023-02-2807527847ns5:MotorVehicles2023-02-2807527847ns5:ComputerEquipment2023-02-2807527847ns5:MotorVehicles2023-03-012024-02-2907527847ns5:PlantMachinery2024-02-2907527847ns5:FurnitureFittings2024-02-2907527847ns5:MotorVehicles2024-02-2907527847ns5:ComputerEquipment2024-02-2907527847ns5:PlantMachinery2023-02-2807527847ns5:FurnitureFittings2023-02-2807527847ns5:MotorVehicles2023-02-2807527847ns5:ComputerEquipment2023-02-2807527847ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2907527847ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28075278471ns10:Director12023-02-28075278471ns10:Director12022-02-28075278471ns10:Director12023-03-012024-02-29075278471ns10:Director12022-03-012023-02-28075278471ns10:Director12024-02-29075278471ns10:Director12023-02-28
REGISTERED NUMBER: 07527847 (England and Wales)















MH MEDIA GLOBAL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






MH MEDIA GLOBAL LTD (REGISTERED NUMBER: 07527847)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MH MEDIA GLOBAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: M W Holmes
Mrs A Holmes





REGISTERED OFFICE: 424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ





REGISTERED NUMBER: 07527847 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

MH MEDIA GLOBAL LTD (REGISTERED NUMBER: 07527847)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 45,403 6,668

CURRENT ASSETS
Debtors 5 83,409 55,457
Cash at bank 56,360 172,156
139,769 227,613
CREDITORS
Amounts falling due within one year 6 (159,929 ) (125,502 )
NET CURRENT (LIABILITIES)/ASSETS (20,160 ) 102,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,243

108,779

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 1,220 1,220
Retained earnings 23,973 107,509
SHAREHOLDERS' FUNDS 25,243 108,779

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

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 3 September 2024 and were signed on its behalf by:





M W Holmes - Director


MH MEDIA GLOBAL LTD (REGISTERED NUMBER: 07527847)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

MH Media Global Ltd 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.

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 - 25% on reducing balance
Fixture & Fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 15 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and Fixture & Motor Computer
machinery Fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 23,838 5,018 - 18,438 47,294
Additions - 109 52,400 1,360 53,869
At 29 February 2024 23,838 5,127 52,400 19,798 101,163
DEPRECIATION
At 1 March 2023 22,983 3,162 - 14,481 40,626
Charge for year 214 491 13,100 1,329 15,134
At 29 February 2024 23,197 3,653 13,100 15,810 55,760
NET BOOK VALUE
At 29 February 2024 641 1,474 39,300 3,988 45,403
At 28 February 2023 855 1,856 - 3,957 6,668

MH MEDIA GLOBAL LTD (REGISTERED NUMBER: 07527847)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 67,460 50,694
Other debtors 15,949 4,763
83,409 55,457

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 20,236 14,772
Taxation and social security 112,555 81,047
Other creditors 27,138 29,683
159,929 125,502

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
M W Holmes
Balance outstanding at start of year - -
Amounts advanced 995 506
Amounts repaid (995 ) (506 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -