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REGISTERED NUMBER: 15285063 (England and Wales)

MH (CBS) Limited

Financial Statements

for the Period 14 November 2023 to 31 March 2025

| MH (CBS) Limited (Registered number: 15285063) |

Contents of the Financial Statements

for the Period 14 November 2023 to 31 March 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| MH (CBS) Limited |

Company Information

for the Period 14 November 2023 to 31 March 2025

| DIRECTOR: | B M Hepburn

| REGISTERED OFFICE: | Suite 3 Middlesex House

| Rutherford Close

| Stevenage

| Hertfordshire

| SG1 2EF

| REGISTERED NUMBER: | 15285063 (England and Wales)

| AUDITORS: | SKS Baker Watkin Audit

| Statutory Auditor

| Middlesex House

| Rutherford Close

| Stevenage

| Hertfordshire

| SG1 2EF

| MH (CBS) Limited (Registered number: 15285063) |

Abridged Balance Sheet

31 March 2025

| Notes | £ |

| CURRENT ASSETS

| Debtors | 1,310,975 |  |

| Cash at bank | 1,828 |  |

1,312,803 |  |

| CREDITORS

| Amounts falling due within one year | (528,338 | ) |

| NET CURRENT ASSETS | 784,465 |  |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 784,465 |  |

| CAPITAL AND RESERVES

| Called up share capital | 3 | 10 |  |

| Retained earnings | 784,455 |  |

| SHAREHOLDERS' FUNDS | 784,465 |  |

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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit And Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2025 and were signed by:

B M Hepburn - Director

| MH (CBS) Limited (Registered number: 15285063) |

Notes to the Financial Statements

for the Period 14 November 2023 to 31 March 2025

1. | ACCOUNTING POLICIES

| COMPANY INFORMATION

| MH (CBS) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 3 Middlesex House, Rutherford Close, Stevenage, Hertfordshire, SG1 2EF.

| ACCOUNTING CONVENTION

| These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

| The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

| TURNOVER

| Turnover represents amounts receivable for goods and services net of VAT and trade discounts as well as amounts for the partial recognition of contracts.

| REVENUE RECOGNITION

| Fee income represents revenue earned under a wide variety of contracts to provide professional services. Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, including expenses and disbursements but excluding value added tax.

| Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

| Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.

| CASH AND CASH EQUIVALENTS

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| FINANCIAL INSTRUMENTS

| The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| MH (CBS) Limited (Registered number: 15285063) |

Notes to the Financial Statements - continued

for the Period 14 November 2023 to 31 March 2025

1. | ACCOUNTING POLICIES - continued

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares and convertible loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| EQUITY INSTRUMENTS

| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

| TAXATION

| The tax expense represents the sum of the tax currently payable and deferred tax.

| CURRENT TAX

| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

| DEFERRED TAX

| Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the director, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future. The deferred tax balance has not been discounted.

| EMPLOYEE BENEFITS

| The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

| The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

| Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

| RETIREMENT BENEFITS

| Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

| SHARE-BASED PAYMENTS

| Equity-settled share-based payments are measured at fair value at the date of grant by reference to the fair value of the equity instruments granted. Where material to the accounts the fair value determined at the grant date is expensed over the vesting period, based on the estimate of shares that will eventually vest. A corresponding adjustment is made to equity.

| FOREIGN EXCHANGE

| Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 1 .

| MH (CBS) Limited (Registered number: 15285063) |

Notes to the Financial Statements - continued

for the Period 14 November 2023 to 31 March 2025

3. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal

| value: | £ |

| 100 | Ordinary shares | 10p | 10 |  |

4. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Moganarden Chelvanaigum (Senior Statutory Auditor)

| for and on behalf of SKS Baker Watkin Audit

5. | RELATED PARTY TRANSACTIONS

| During the year company owed £315,488 to its parent MH (GB) Limited.

6. | ULTIMATE CONTROLLING PARTY

| The company's parent company is MH (GB) Limited.

| The parent's registered office is Suite 3 Middlesex House, Rutherford Close, Stevenage, Hertfordshire, SG1

| 2EF.

| The ultimate controlling party is Bruce Mactavish Hepburn which is by virtue of his voting rights.