2023-09-01 2024-08-31 false Capium Accounts Production 1.1 07335869 2023-09-01 2024-08-31 07335869 bus:AbridgedAccounts 2023-09-01 2024-08-31 07335869 bus:FRS102 2023-09-01 2024-08-31 07335869 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07335869 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07335869 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07335869 2023-09-01 2024-08-31 07335869 2024-08-31 07335869 bus:RegisteredOffice 2023-09-01 2024-08-31 07335869 core:WithinOneYear 2024-08-31 07335869 core:AfterOneYear 2024-08-31 07335869 1 2023-09-01 2024-08-31 07335869 bus:Director1 2023-09-01 2024-08-31 07335869 bus:Director1 2024-08-31 07335869 bus:Director1 2022-09-01 2023-08-31 07335869 bus:Director2 2023-09-01 2024-08-31 07335869 bus:Director2 2024-08-31 07335869 bus:Director2 2022-09-01 2023-08-31 07335869 bus:Director3 2023-09-01 2024-08-31 07335869 bus:Director3 2024-08-31 07335869 bus:Director3 2022-09-01 2023-08-31 07335869 2022-09-01 07335869 bus:LeadAgentIfApplicable 2023-09-01 2024-08-31 07335869 2022-09-01 2023-08-31 07335869 2023-08-31 07335869 core:WithinOneYear 2023-08-31 07335869 core:AfterOneYear 2023-08-31 07335869 bus:EntityAccountantsOrAuditors 2022-09-01 2023-08-31 07335869 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 07335869 bus:OrdinaryShareClass1 2024-08-31 07335869 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 07335869 bus:OrdinaryShareClass1 2023-08-31 07335869 core:FurnitureFittings 2023-09-01 2024-08-31 07335869 core:FurnitureFittings 2024-08-31 07335869 core:FurnitureFittings 2023-08-31 07335869 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-08-31 07335869 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 07335869 core:OtherResidualIntangibleAssets 2023-09-01 2024-08-31 07335869 core:OtherResidualIntangibleAssets 2024-08-31 07335869 core:OtherResidualIntangibleAssets 2023-08-31 07335869 core:CostValuation core:Non-currentFinancialInstruments 2024-08-31 07335869 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 07335869 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-08-31 07335869 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 07335869 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 07335869 core:Non-currentFinancialInstruments 2024-08-31 07335869 core:Non-currentFinancialInstruments 2023-08-31 07335869 core:ShareCapital 2024-08-31 07335869 core:ShareCapital 2023-08-31 07335869 core:RetainedEarningsAccumulatedLosses 2024-08-31 07335869 core:RetainedEarningsAccumulatedLosses 2023-08-31 07335869 dpl:Item1 2023-09-01 07335869 dpl:Item1 2024-08-31 07335869 dpl:Item1 2022-09-01 07335869 dpl:Item1 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07335869
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 August 2024

for

MAHI COMMERCE LTD

 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 4 361    796 
361    796 
Current assets      
Debtors: amounts falling due within one year 496,540    501,275 
Cash at bank and in hand 167,091    261,577 
663,631    762,852 
Creditors: amount falling due within one year (47,656)   (66,090)
Net current assets 615,975    696,762 
 
Total assets less current liabilities 616,336    697,558 
Net assets 616,336    697,558 
 

Capital and reserves
     
Called up share capital 5 2    2 
Profit and loss account 616,334    697,556 
Shareholders' funds 616,336    697,558 
 


For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 18 February 2025 and were signed on its behalf by:


-------------------------------
Adam OHara
Director
1
General Information
MAHI Commerce Ltd is a private company, limited by shares, registered in England and Wales, registration number 07335869, registration address 13 St Mary's Street, Stamford, PE9 2DE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 25% Straight Line
2.

Average number of employees

Average number of employees during the year was 4 (2023 : 2).
3.

Intangible fixed assets

Cost Other   Total
  £   £
At 01 September 2023 2,440    2,440 
Additions  
Disposals  
At 31 August 2024 2,440    2,440 
Amortisation
At 01 September 2023 2,440    2,440 
Charge for year  
On disposals  
At 31 August 2024 2,440    2,440 
Net book values
At 31 August 2024  
At 31 August 2023  


4.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Total
  £   £
At 01 September 2023 1,737    1,737 
Additions  
Disposals  
At 31 August 2024 1,737    1,737 
Depreciation
At 01 September 2023 941    941 
Charge for year 435    435 
On disposals  
At 31 August 2024 1,376    1,376 
Net book values
Closing balance as at 31 August 2024 361    361 
Opening balance as at 01 September 2023 796    796 


5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
2 Class A shares of £1.00 each  
 

2