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REGISTERED NUMBER: 04054082 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

MH Coms Limited

MH Coms Limited (Registered number: 04054082)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MH Coms Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr M R Holden





REGISTERED OFFICE: 5 Heath Road
Langley
Maidstone
Kent
ME17 3LH





REGISTERED NUMBER: 04054082 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

MH Coms Limited (Registered number: 04054082)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,989 27,292

CURRENT ASSETS
Debtors 5 338,418 56,604
Cash at bank 46,383 111,378
384,801 167,982
CREDITORS
Amounts falling due within one year 6 227,160 79,202
NET CURRENT ASSETS 157,641 88,780
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,630

116,072

CREDITORS
Amounts falling due after more than one year 7 (17,608 ) (18,226 )

PROVISIONS FOR LIABILITIES (6,247 ) -
NET ASSETS 158,775 97,846

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 158,774 97,845
158,775 97,846

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2025 and were signed by:



Mr M R Holden - Director


MH Coms Limited (Registered number: 04054082)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

MH Coms 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.

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 - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 5 (2023 - 4 ) .

MH Coms Limited (Registered number: 04054082)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 45,363 1,055 15,061 3,102 64,581
Additions 226 - - 4,010 4,236
Disposals (287 ) - - - (287 )
At 31 August 2024 45,302 1,055 15,061 7,112 68,530
DEPRECIATION
At 1 September 2023 29,019 117 7,295 858 37,289
Charge for year 2,472 234 1,942 1,891 6,539
Eliminated on disposal (287 ) - - - (287 )
At 31 August 2024 31,204 351 9,237 2,749 43,541
NET BOOK VALUE
At 31 August 2024 14,098 704 5,824 4,363 24,989
At 31 August 2023 16,344 938 7,766 2,244 27,292

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 336,870 55,200
Other debtors 1,548 1,404
338,418 56,604

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 91,402 10,064
Hire purchase contracts - 8,877
Trade creditors 15,012 32,187
Taxation and social security 116,337 27,338
Other creditors 4,409 736
227,160 79,202

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 17,608 18,226