xbrl

1e. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.


Registered number: 06409772






MHS Radiators (Holdings) Limited


UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024
























Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024





DIRECTORS
I P Bradley
K P Mainstone
A K Bradley



SECRETARY
Martin J Smith


REGISTERED OFFICE
Unit 4 Genesis
Endeavour Drive
Basildon
Essex
SS14 3WF


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06409772



ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 December 2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Investment Assets	3		500		500

CURRENT ASSETS
Debtors	4	27,680		27,680
		27,680		27,680
CREDITORS: Amounts falling due within one year	5	27,000		27,000
NET CURRENT ASSETS			680		680
TOTAL ASSETS LESS CURRENT LIABILITIES			1,180		1,180

CAPITAL AND RESERVES

Called up share capital	6		350		350
Capital redemption reserve	7		150		150
Profit and loss account			680		680
SHAREHOLDERS' FUNDS			1,180		1,180

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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 15 September 2025 and signed on their behalf by



.............................
K P Mainstone
Director




2. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	-	2




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Investments
Fixed asset investments are shown at cost less impairments.




1c. Exemption From Preparing Consolidated Financial Statements
The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.




1d. Statutory Information
MHS Radiators (Holdings) Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 06409772 and registered office address is Unit 4 Genesis, Endeavour Drive, Basildon, Essex, SS14 3WF.




3. FINANCIAL ASSETS

	Shares in group companies
	and participating interests	Total
	£	£
Cost
At 1 January 2024	500	500
At 31 December 2024	500	500
Amortisation
Net Book Amounts
At 31 December 2024	500	500
At 31 December 2023	500	500




4. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Amounts due from group companies	27,680	27,680
	27,680	27,680

Amounts owed by group undertakings are unsecured, interest free and repayable on demand.




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
Other creditors	27,000	27,000
	27,000	27,000




6. SHARE CAPITAL	2024	2023
	£	£
Allotted, issued and fully paid:
17,500 Ordinary A shares of £0.01 each	175	175
17,500 Ordinary B shares of £0.01 each	175	175
	350	350




7. OTHER RESERVES	2024	2023
	£	£
Capital redemption reserve	150	150
	150	150




9. CONTROLLING PARTY
The company is equally controlled by the directors I P Bradley and K P Mainstone by virtue of their shareholding in the company.