MH Intelligence (UK) Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09354791

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets			-		19,452
Tangible Assets	4		3,881		2,294

			3,881		21,746
CURRENT ASSETS
Debtors		1,634,611		183,895
Investments		-		500,395
Cash at bank		493,518		243,070

		2,128,129		927,360
Creditors: Amounts Falling Due Within One Year		(340,684 )		(178,466 )

NET CURRENT ASSETS (LIABILITIES)			1,787,445		748,894

TOTAL ASSETS LESS CURRENT LIABILITIES			1,791,326		770,640

NET ASSETS			1,791,326		770,640

CAPITAL AND RESERVES
Called up share capital	5		600,000		600,000
Profit and Loss Account			1,191,326		170,640

SHAREHOLDERS' FUNDS			1,791,326		770,640

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MH Intelligence (UK) Ltd.

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 19 August 2025 and were signed on its behalf by: -

Mrs Alisa Gourley

Director

The notes on pages 3 to 4 form part of these financial statements.

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MH Intelligence (UK) Ltd.

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

MH Intelligence (UK) Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09354791 . The registered office is 13 Clifton Villas, London, W9 2PH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Straight Line Method
Computer Equipment	20% Straight Line Method

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

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MH Intelligence (UK) Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Pensions

The company operates a defined pension contribution scheme.

A defined contribution scheme is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2.7. Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 3)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	3,955	3,455	7,410
Additions	-	2,319	2,319

As at 31 December 2024	3,955	5,774	9,729

Depreciation
As at 1 January 2024	3,955	1,161	5,116
Provided during the period	-	732	732

As at 31 December 2024	3,955	1,893	5,848

Net Book Value
As at 31 December 2024	-	3,881	3,881

As at 1 January 2024	-	2,294	2,294

5. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	600,000	600,000

6. Controlling Party

The company's controlling party is Mrs Alisa Gourley by virtue of her ownership of 66.7% of the issued share capital in the company.

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