MCHD Investments Limited 31/03/2025 iXBRL

Company registration number: 07959682

MCHD Investments Limited

Unaudited filleted financial statements

31 March 2025

MCHD Investments Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

MCHD Investments Limited

Directors and other information


	Directors	Mr C Williams
		Mrs R Williams


	Company number	07959682


	Registered office	9 Ridge Avenue
		Harpenden
		AL5 3LU


	Accountants	Hicks and Company
		Chartered Accountants
		Vaughan Chambers
		Vaughan Road
		Harpenden
		AL5 4EE

MCHD Investments Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of MCHD Investments Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MCHD Investments Limited for the year ended 31 March 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of MCHD Investments Limited, as a body, in accordance with the terms of our engagement letter dated 26 July 2024. Our work has been undertaken solely to prepare for your approval the financial statements of MCHD Investments Limited and state those matters that we have agreed to state to the board of directors of MCHD Investments Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MCHD Investments Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that MCHD Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MCHD Investments Limited. You consider that MCHD Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MCHD Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

AL5 4EE

29 August 2025

MCHD Investments Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	1		1
Tangible assets	6	1,255		711
		________		________
			1,256		712

Current assets
Debtors	7	16,870		8,455
Investments	8	1,204,542		1,282,430
Cash at bank and in hand		600,821		541,932
		________		________
		1,822,233		1,832,817
Creditors: amounts falling due
within one year	9	( 373,278)		( 370,946)
		________		________
Net current assets			1,448,955		1,461,871
			________		________
Total assets less current liabilities			1,450,211		1,462,583


Provisions for liabilities			( 20,600)		( 45,000)

			________		________
Net assets			1,429,611		1,417,583
			________		________

Capital and reserves
Called up share capital			100		100
Profit and loss account	10		1,429,511		1,417,483
			________		________
Shareholders funds			1,429,611		1,417,583
			________		________

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 29 August 2025 , and are signed on behalf of the board by:

Mr C Williams

Director

Company registration number: 07959682

MCHD Investments Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Ridge Avenue, Harpenden, AL5 3LU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	Straight line over three years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	Straight line over three years

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	79,539	79,539
	________	________
Amortisation
At 1 April 2024 and 31 March 2025	79,538	79,538
	________	________
Carrying amount
At 31 March 2025	1	1
	________	________
At 31 March 2024	1	1
	________	________

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2024	1,163	1,163
Additions	1,083	1,083
	________	________
At 31 March 2025	2,246	2,246
	________	________
Depreciation
At 1 April 2024	452	452
Charge for the year	539	539
	________	________
At 31 March 2025	991	991
	________	________
Carrying amount
At 31 March 2025	1,255	1,255
	________	________
At 31 March 2024	711	711
	________	________

7. Debtors

	2025	2024
	£	£
Trade debtors	16,870	8,455
	________	________

8. Investments

	2025	2024
	£	£
Other investments	1,204,542	1,282,430
	________	________

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	14,547	14,005
Social security and other taxes	4,036	3,964
Other creditors	354,695	352,977
	________	________
	373,278	370,946
	________	________

10. Reserves

The profit and loss account reserve includes £135,647 of non-distributable reserves as a result of the fair value adjustment to the current asset investments.

11. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr C Williams	( 235,699)	( 854)	( 236,553)
	Mrs R Williams	( 115,838)	( 794)	( 116,632)
		________	________	________
		( 351,537)	( 1,648)	( 353,185)
		________	________	________

2024
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr C Williams	( 235,466)	( 233)	( 235,699)
	Mrs R Williams	( 115,082)	( 756)	( 115,838)
		________	________	________
		( 350,548)	( 989)	( 351,537)
		________	________	________

12. Related party transactions

During the year ended 31 March 2025, the company sold consultancy services and related costs with a value of £24,000 (2024 - £24,000) to Van Diest Beer Company Ltd, a company in which C Williams is a director and shareholder. At 31 March 2025, the balance due from Van Diest Beer Company Ltd to MCHD Investments Ltd was £nil (2024 - £nil).