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Company Registration No. 13135426 (England and Wales)
The MH Collective Ltd Unaudited accounts for the year ended 31 January 2025
The MH Collective Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
The MH Collective Ltd Company Information for the year ended 31 January 2025
Directors
W Anderson T Travers
Company Number
13135426 (England and Wales)
Registered Office
82 UNIT A, JAMES CARTER ROAD MILDENHALL SUFFOLK IP28 7DE ENGLAND
Accountants
The Thrive Hub Suite A 82 James Carter Road Mildenhall IP28 7DE
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The MH Collective Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
40,000
-
Tangible assets
5
22,150
31,120
62,150
31,120
Current assets
Debtors
6
-
1
Cash at bank and in hand
8,370
5
8,370
6
Creditors: amounts falling due within one year
7
(2,622)
-
Net current assets
5,748
6
Total assets less current liabilities
67,898
31,126
Creditors: amounts falling due after more than one year
8
(28,190)
(40,126)
Net assets/(liabilities)
39,708
(9,000)
Capital and reserves
Called up share capital
40,000
-
Profit and loss account
(292)
(9,000)
Shareholders' funds
39,708
(9,000)
For the year ending 31 January 2025 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 1 October 2025 and were signed on its behalf by
T Travers Director Company Registration No. 13135426
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The MH Collective Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
The MH Collective Ltd is a private company, limited by shares, registered in England and Wales, registration number 13135426. The registered office is 82 UNIT A, JAMES CARTER ROAD, MILDENHALL, SUFFOLK, IP28 7DE, ENGLAND.
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 year, 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
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
Other tangible fixed assets
25%
Intangible fixed assets
Ordinary shares were issued during the year in exchange for consideration other than cash.
4
Intangible fixed assets
Other
£
Cost
At 1 February 2024
-
Additions
40,000
At 31 January 2025
40,000
Amortisation
At 1 February 2024
-
At 31 January 2025
-
Net book value
At 31 January 2025
40,000
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The MH Collective Ltd Notes to the Accounts for the year ended 31 January 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
2,610
37,480
40,090
At 31 January 2025
2,610
37,480
40,090
Depreciation
At 1 February 2024
381
8,589
8,970
Charge for the year
381
8,589
8,970
At 31 January 2025
762
17,178
17,940
Net book value
At 31 January 2025
1,848
20,302
22,150
At 31 January 2024
2,229
28,891
31,120
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
1
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
2,622
-
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
28,190
40,126
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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