REGISTERED NUMBER: 09094897 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

MNH Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S F Cranny

REGISTERED OFFICE:

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

REGISTERED NUMBER:

09094897 (England and Wales)

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Tangible assets

4

228

304

CURRENT ASSETS

Stocks

39,306

15,841

Debtors

5

76,756

104,446

Cash at bank

4,439

1,083

120,501

121,370

CREDITORS

Amounts falling due within one year

6

(2,142

)

(1,185

)

NET CURRENT ASSETS

118,359

120,185

TOTAL ASSETS LESS CURRENT LIABILITIES

118,587

120,489

CREDITORS

Amounts falling due after more than one year

7

(66,238

)

(65,747

)

NET ASSETS

52,349

54,742

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

52,249

54,642

SHAREHOLDERS' FUNDS

52,349

54,742

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 October 2025 and were signed by:

S F Cranny - Director

1.	STATUTORY INFORMATION

MNH Developments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

1,532

DEPRECIATION

At 1 April 2024

1,228

Charge for year

76

At 31 March 2025

1,304

NET BOOK VALUE

At 31 March 2025

228

At 31 March 2024

304

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

59,705

59,705

VAT

-

206

Prepayments and accrued income

17,051

44,535

76,756

104,446

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

333

465

Social security and other taxes

-

(30

)

VAT

1,034

-

Accruals and deferred income

775

750

2,142

1,185

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Directors' loan accounts

66,238

65,747

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the director £66,238 (2024 - £65,747).

9.	RELATED PARTY DISCLOSURES

During the year, monies were received from Homeview Developments Ltd, a company which Simon Cranny owns 50% of the shares, which was the repayment of some of the debtor owed for works completed in the previous year. At the year end MNH Developments Ltd was owed from Homeview Developments Ltd the amount of £59,705 (2023 - £59,705).