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REGISTERED NUMBER: 12205445 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MHG TRADING LIMITED

MHG TRADING LIMITED (REGISTERED NUMBER: 12205445)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MHG TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: A C Sufrin





REGISTERED OFFICE: 74 Brent Street
London
NW4 2ES





REGISTERED NUMBER: 12205445 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

MHG TRADING LIMITED (REGISTERED NUMBER: 12205445)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
CURRENT ASSETS
Debtors 5 526,197 668,923
Cash at bank 600 2,052
526,797 670,975
CREDITORS
Amounts falling due within one year 6 (497,128 ) (634,322 )
NET CURRENT ASSETS 29,669 36,653
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,669

36,653

CREDITORS
Amounts falling due after more than one
year

7

(34,744

)

(39,709

)
NET LIABILITIES (5,075 ) (3,056 )

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 (5,076 ) (3,057 )
SHAREHOLDERS' FUNDS (5,075 ) (3,056 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





A C Sufrin - Director


MHG TRADING LIMITED (REGISTERED NUMBER: 12205445)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

MHG Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023
and 30 September 2024 695
DEPRECIATION
At 1 October 2023
and 30 September 2024 695
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 526,197 668,923

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 283,801 398,224
Other creditors 212,907 235,258
Accrued expenses 420 840
497,128 634,322

MHG TRADING LIMITED (REGISTERED NUMBER: 12205445)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Other loans more 5yrs instal 34,744 39,709

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 34,744 39,709

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Other loans 34,744 39,709

Under the bank loan, £34,744 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 October 2023 (3,057 )
Deficit for the year (2,019 )
At 30 September 2024 (5,076 )

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A C Sufrin.