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REGISTERED NUMBER: 11257186 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Manchesterhgc Limited

Manchesterhgc Limited (Registered number: 11257186)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Manchesterhgc Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A P Kumar





REGISTERED OFFICE: 158-160 Kenton Road
Harrow
United Kingdom
Middlesex
HA3 8AZ





REGISTERED NUMBER: 11257186 (England and Wales)





ACCOUNTANTS: Preston Accountants Limited.
Chartered Certified Accountants
1 Carlton Parade
Preston Road
Wembley
Middlesex
HA9 8NE

Manchesterhgc Limited (Registered number: 11257186)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 47,495 51,159

CURRENT ASSETS
Debtors 5 84,238 110,791
Cash at bank and in hand 91,627 44,118
175,865 154,909
CREDITORS
Amounts falling due within one year 6 29,197 37,782
NET CURRENT ASSETS 146,668 117,127
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,163

168,286

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 194,063 168,186
SHAREHOLDERS' FUNDS 194,163 168,286

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 March 2025 and were signed by:





A P Kumar - Director


Manchesterhgc Limited (Registered number: 11257186)

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

1. STATUTORY INFORMATION

Manchesterhgc 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
Revenue 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.
Improvements to property - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 4 (2023 - 6 ) .

Manchesterhgc Limited (Registered number: 11257186)

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

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 29,679 1,169 91,873 122,721
Additions 25,000 1,101 - 26,101
At 31 March 2024 54,679 2,270 91,873 148,822
DEPRECIATION
At 1 April 2023 11,872 234 59,456 71,562
Charge for year 10,936 454 18,375 29,765
At 31 March 2024 22,808 688 77,831 101,327
NET BOOK VALUE
At 31 March 2024 31,871 1,582 14,042 47,495
At 31 March 2023 17,807 935 32,417 51,159

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 23,557 10,671
Other debtors 10,681 40,120
Prepayments and accrued income 50,000 60,000
84,238 110,791

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 7,091 27,200
Social security and other taxes 1,592 -
Accrued expenses 20,514 10,582
29,197 37,782

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary shares 1 100 100