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REGISTERED NUMBER: 04174813 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2024

FOR

MOHC LTD

MOHC LTD (REGISTERED NUMBER: 04174813)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOHC LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: M F Olive
R A P Barton
Mrs C M Barton
Mrs H Olive





SECRETARY: Mrs H Olive





REGISTERED OFFICE: Forest Links Road
Ferndown
Dorset
BH22 9PH





REGISTERED NUMBER: 04174813 (England and Wales)





ACCOUNTANTS: Elson Geaves Accountants
Chartered Certified Accountants
Elson Geaves
Forest Links Road
Ferndown
Dorset
BH22 9PH

MOHC LTD (REGISTERED NUMBER: 04174813)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,030 21,489

CURRENT ASSETS
Debtors 5 242,136 366,034
Prepayments and accrued income 5,707 5,121
Cash at bank 953,246 884,530
1,201,089 1,255,685
CREDITORS
Amounts falling due within one year 6 410,625 399,136
NET CURRENT ASSETS 790,464 856,549
TOTAL ASSETS LESS CURRENT
LIABILITIES

809,494

878,038

CAPITAL AND RESERVES
Called up share capital 15,020 15,020
Retained earnings 7 794,474 863,018
SHAREHOLDERS' FUNDS 809,494 878,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

MOHC LTD (REGISTERED NUMBER: 04174813)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by:





M F Olive - Director


MOHC LTD (REGISTERED NUMBER: 04174813)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

MOHC 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.

Preparation of consolidated financial statements
The financial statements contain information about MOHC Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 etc - 25% on reducing balance

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.

Employee ownership trust
The company established OHC (EOT) Ltd on 17 October 2022 to enable shares in the company to be held by the trustees for the benefit of the company's employees.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 30 ) .

MOHC LTD (REGISTERED NUMBER: 04174813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 July 2023 101,134
Additions 3,885
At 30 June 2024 105,019
DEPRECIATION
At 1 July 2023 79,645
Charge for year 6,344
At 30 June 2024 85,989
NET BOOK VALUE
At 30 June 2024 19,030
At 30 June 2023 21,489

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 235,915 356,063
Other debtors 6,167 9,917
Directors' current accounts 54 54
242,136 366,034

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,669 15,467
Tax 183,822 177,707
Social security and other taxes 41,378 44,083
VAT 166,902 158,906
Credit cards 4,568 1,561
Directors' current accounts 41 42
Accrued expenses 1,245 1,370
410,625 399,136

MOHC LTD (REGISTERED NUMBER: 04174813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. RESERVES
Retained
earnings
£   

At 1 July 2023 863,018
Profit for the year 710,456
Contribution to the EOT (779,000 )
At 30 June 2024 794,474

8. CONTINGENT LIABILITIES

A charge has been raised over the company's assets providing a guarantee for the payment of £3,800,000 to Mr & Mrs M F Olive and Mr & Mrs R A P Barton following the sale of their 100% ownership in the company on 15 December 2022. At the year end on 30 June 2024 the liability to Mr & Mrs M F Olive and Mr & Mrs R A P Barton was £1,801,000. (2023: £2,580,000)

9. ULTIMATE CONTROLLING PARTY

The controlling party is OHC (EOT) Ltd as corporate trustee for MOHC Employee Owned Trust.

The ultimate controlling party is OHC (EOT) Ltd as corporate trustee for MOHC Employee Owned Trust.