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MASH STAFFING HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Mash Staffing Holdings Limited is a private company limited by shares and incorporated in England and Wales, registration number 11178043. The registered office is 1 Claydon Business Park, Ipswich, Suffolk, IP6 0NL
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
Over the course of the past couple of years, the client base from the Company's subsidiary, Mash Staffing Limited, has been transferred over to Stellar Global Limited and Mash Staffing Limited ceased trading at 31 March 2023.
On this basis the director has prepared the financial statements on the basis other than that of the going concern basis. This basis includes, where applicable, writing down the company's net assets down to net realisable value. No provision has been made for the future costs of ceasing the trade unless such costs were committed at the reporting date.
Investments in subsidiaries are measured at cost less accumulated impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
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