1 January 2024 false No description of principal activity Taxfiler 2024.6 SO301155business:LimitedLiabilityPartnershipLLP2024-01-012024-12-31 SO3011552023-12-31 SO3011552024-01-012024-12-31 SO301155business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 SO301155business:FilletedAccounts2024-01-012024-12-31 SO3011552024-12-31 SO301155business:PartnerLLP12024-01-012024-12-31 SO301155business:PartnerLLP22024-01-012024-12-31 SO301155business:RegisteredOffice2024-01-012024-12-31 SO3011552023-12-31 SO301155core:WithinOneYear2024-12-31 SO301155core:WithinOneYear2023-12-31 SO301155business:SmallEntities2024-01-012024-12-31 SO301155countries:Scotland2024-01-012024-12-31 SO301155core:LandBuildings2023-12-31 SO301155core:LandBuildings2024-12-31 SO3011552023-01-012023-12-31 iso4217:GBP xbrli:pure
Registered No. SO301155 (Scotland)
M H Developments Scotland LLP Unaudited accounts for the year ended 31 December 2024
M H Developments Scotland LLP LLP Information for the year ended 31 December 2024
Designated members
Mr Louis Hart
Mr Michael Hart
Registered Number
SO301155 (Scotland)
Registered Office
47 DRYDEN TERRACE LOANHEAD MIDLOTHIAN EH20 9JL
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M H Developments Scotland LLP Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
597,751 
597,751 
Current assets
Debtors
128,750 
128,750 
Cash at bank and in hand
253,698 
175,899 
382,448 
304,649 
Creditors: amounts falling due within one year
4
(3,573)
(4,129)
Net current assets
378,875 
300,520 
Net assets attributable to members
976,626 
898,271 
Represented by:
Loans and other debts due to members
5
976,626 
898,271 
976,626 
898,271 
Total members' interests
Loans and other debts due to members
976,626 
898,271 
976,626 
898,271 
For the year ending 31 December 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 30 September 2025.
Mr Michael Hart Designated member Limited Liability Partnership Registration No. SO301155
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M H Developments Scotland LLP Notes to the Accounts for the year ended 31 December 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
f the assets over their estimated useful lives: Depreciation is applied @ 4% commensurate with Industrial Buildings Allowance set by HMRC
2
Statutory information
M H Developments Scotland LLP is a limited liability partnership, incorporated in Scotland, registration number SO301155. Its registered office is 47 DRYDEN TERRACE, LOANHEAD, MIDLOTHIAN, EH20 9JL.
3
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
1,111,676 
At 31 December 2024
1,111,676 
Depreciation
At 1 January 2024
513,925 
At 31 December 2024
513,925 
Net book value
At 31 December 2024
597,751 
At 31 December 2023
597,751 
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security costs
3,213 
3,769 
Accruals
360 
360 
3,573 
4,129 
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M H Developments Scotland LLP Notes to the Accounts for the year ended 31 December 2024
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Loans from members
942,521 
942,521 
Amounts due to members in respect of profits
34,105 
(44,250)
976,626 
898,271 
Amounts falling due within one year
976,626 
898,271 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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