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Company Registration No. 14763188 (England and Wales)
M & H Stores (bodmin) Ltd Unaudited accounts for the period from 28 March 2023 to 31 March 2024
M & H Stores (bodmin) Ltd Unaudited accounts Contents
Page
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M & H Stores (bodmin) Ltd Company Information for the period from 28 March 2023 to 31 March 2024
Director
Mr M Harris
Company Number
14763188 (England and Wales)
Registered Office
C/O On Target Accounting Ltd 105 Chineway Gardens Ottery St Mary Ottery St. Mary EX11 1JJ United Kingdom
Accountants
On Target Accounting Ltd 105 Chineway Gardens Ottery St Mary Devon EX11 1JJ
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M & H Stores (bodmin) Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
378,000 
Tangible assets
29,947 
407,947 
Current assets
Inventories
79,373 
Debtors
12,731 
Cash at bank and in hand
50,047 
142,151 
Creditors: amounts falling due within one year
(158,805)
Net current liabilities
(16,654)
Total assets less current liabilities
391,293 
Creditors: amounts falling due after more than one year
(167,421)
Net assets
223,872 
Capital and reserves
Called up share capital
110 
Share premium
209,890 
Profit and loss account
13,872 
Shareholders' funds
223,872 
For the period 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 9 October 2024 and were signed on its behalf by
Mr M Harris Director Company Registration No. 14763188
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M & H Stores (bodmin) Ltd Notes to the Accounts for the period from 28 March 2023 to 31 March 2024
1
Statutory information
M & H Stores (bodmin) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14763188. The registered office is C/O On Target Accounting Ltd, 105 Chineway Gardens, Ottery St Mary, Ottery St. Mary, EX11 1JJ, United Kingdom.
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 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Land & buildings
10% straight line
Fixtures & fittings
10% straight line
Computer equipment
20% straight line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 28 March 2023
- 
Additions
420,000 
At 31 March 2024
420,000 
Amortisation
At 28 March 2023
- 
Charge for the period
42,000 
At 31 March 2024
42,000 
Net book value
At 31 March 2024
378,000 
Goodwill is accounted for under the historical cost convention and amortised over it's estimated useful life of 10 years.
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M & H Stores (bodmin) Ltd Notes to the Accounts for the period from 28 March 2023 to 31 March 2024
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 28 March 2023
- 
- 
- 
- 
Additions
641 
32,146 
549 
33,336 
At 31 March 2024
641 
32,146 
549 
33,336 
Depreciation
Charge for the period
64 
3,215 
110 
3,389 
At 31 March 2024
64 
3,215 
110 
3,389 
Net book value
At 31 March 2024
577 
28,931 
439 
29,947 
6
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
12,731 
7
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
25,998 
VAT
3,600 
Trade creditors
108,164 
Taxes and social security
2,733 
Other creditors
16,605 
Loans from directors
312 
Accruals
1,393 
158,805 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
64,519 
Loans from directors
102,902 
167,421 
Other creditors includes an amount owed to the director of £102,902. This amount is interest free with no specified repayment date.
9
Average number of employees
During the period the average number of employees was 15.
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