Company Registration No. 14301117 (England and Wales)
MIHANSH HANDICRAFTS LTD
Unaudited accounts
for the year ended 31 August 2024
MIHANSH HANDICRAFTS LTD
Unaudited accounts
Contents
MIHANSH HANDICRAFTS LTD
Company Information
for the year ended 31 August 2024
Company Number
14301117 (England and Wales)
Registered Office
174 LOWER HILLMORTON ROAD
RUGBY
CV21 3TW
ENGLAND
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD
51 HEATHER ROAD
BINLEY WOODS
COVENTRY
CV3 2DE
MIHANSH HANDICRAFTS LTD
Statement of financial position
as at 31 August 2024
Tangible assets
4,697
5,525
Cash at bank and in hand
19,053
25,664
Creditors: amounts falling due within one year
(12,162)
(20,341)
Net current assets
92,680
38,169
Total assets less current liabilities
97,377
43,694
Creditors: amounts falling due after more than one year
(89,683)
(36,542)
Called up share capital
1,000
1,000
Profit and loss account
6,694
6,152
Shareholders' funds
7,694
7,152
For the year ending 31 August 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 31 May 2025 and were signed on its behalf by
Misha GUPTA
Director
Company Registration No. 14301117
MIHANSH HANDICRAFTS LTD
Notes to the Accounts
for the year ended 31 August 2024
MIHANSH HANDICRAFTS LTD is a private company, limited by shares, registered in England and Wales, registration number 14301117. The registered office is 174 LOWER HILLMORTON ROAD, RUGBY, CV21 3TW, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
14,831
20,299
MIHANSH HANDICRAFTS LTD
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
390
11,003
Taxes and social security
2,479
2,543
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
89,683
36,542
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).