1 August 2023 false No description of principal activity Taxfiler 2024.6 10850651business:PrivateLimitedCompanyLtd2023-08-012024-12-31 108506512023-07-31 108506512023-08-012024-12-31 10850651business:AuditExempt-NoAccountantsReport2023-08-012024-12-31 10850651business:FilletedAccounts2023-08-012024-12-31 108506512024-12-31 10850651business:Director12023-08-012024-12-31 10850651business:Director22023-08-012024-12-31 10850651business:Director32023-08-012024-12-31 10850651business:Director42023-08-012024-12-31 108506512023-07-31 10850651core:WithinOneYear2024-12-31 10850651core:WithinOneYear2023-07-31 10850651core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 10850651core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 10850651core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 10850651core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 10850651core:PreviouslyStatedAmount2024-12-31 10850651core:PreviouslyStatedAmount2023-07-31 10850651business:SmallEntities2023-08-012024-12-31 10850651countries:EnglandWales2023-08-012024-12-31 10850651core:PlantMachinery2023-08-012024-12-31 10850651core:PlantMachinery2023-07-31 10850651core:PlantMachinery2024-12-31 108506512022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10850651 (England and Wales)
MHM Recycling Materials Ltd Unaudited accounts for the period from 1 August 2023 to 31 December 2024
MHM Recycling Materials Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MHM Recycling Materials Ltd Company Information for the period from 1 August 2023 to 31 December 2024
Directors
David Brash James Brash DJ Brask Michael Cece
Company Number
10850651 (England and Wales)
- 3 -
MHM Recycling Materials Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
95,963 
- 
Current assets
Inventories
- 
116,824 
Debtors
5
12,575 
30,540 
Cash at bank and in hand
5,275 
30,229 
17,850 
177,593 
Creditors: amounts falling due within one year
6
(25,483)
(101,331)
Net current (liabilities)/assets
(7,633)
76,262 
Net assets
88,330 
76,262 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
88,328 
76,260 
Shareholders' funds
88,330 
76,262 
For the period 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 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 of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by
David Brash Director Company Registration No. 10850651
- 4 -
MHM Recycling Materials Ltd Notes to the Accounts for the period from 1 August 2023 to 31 December 2024
1
Statutory information
MHM Recycling Materials Ltd is a private company, limited by shares, registered in England and Wales, registration number 10850651.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
Depreciation written off over seven years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
- 
Additions
116,824 
At 31 December 2024
116,824 
Depreciation
Charge for the period
20,861 
At 31 December 2024
20,861 
Net book value
At 31 December 2024
95,963 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,408 
30,540 
Other debtors
167 
- 
12,575 
30,540 
- 5 -
MHM Recycling Materials Ltd Notes to the Accounts for the period from 1 August 2023 to 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,907 
38,269 
Trade creditors
8,527 
25,409 
Amounts owed to group undertakings and other participating interests
- 
29,791 
Taxes and social security
11,173 
4,609 
Other creditors
1,876 
3,253 
25,483 
101,331 
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).
- 6 -