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Registration number: 12476622

MH Hospitality Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 28 February 2025

MH Hospitality Limited

Contents

Company Information | 1
Director's Report | 2
Accountants' Report | 3
Profit and Loss Account | 4
Statement of Comprehensive Income | 5
Balance Sheet | 6
Statement of Changes in Equity | 7
Notes to the Unaudited Financial Statements | 8 to 10
Detailed Profit and Loss Account | 11 to 12

MH Hospitality Limited

Company Information

Director | B Kofman

Registered office | 590 Green Lanes Palmers Green London N13 5RY

Accountants | Thomas Alexander & Co Ltd 590 Green Lanes Palmers Green London N13 5RY

MH Hospitality Limited

Director's Report for the Year Ended 28 February 2025

The director presents his report and the financial statements for the year ended 28 February 2025.

Director of the company

The director who held office during the year was as follows:

B Kofman

Principal activity

The principal activity of the company is that of a holding company

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 8 October 2025

......................................... B Kofman Director

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
MH Hospitality Limited
for the Year Ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MH Hospitality Limited for the year ended 28 February 2025 as set out on pages 4 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of MH Hospitality Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of MH Hospitality Limited and state those matters that we have agreed to state to the Board of Directors of MH Hospitality Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MH Hospitality Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that MH Hospitality Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of MH Hospitality Limited. You consider that MH Hospitality Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of MH Hospitality Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Thomas Alexander & Co Ltd
590 Green Lanes
Palmers Green
London
N13 5RY

8 October 2025

MH Hospitality Limited

Profit and Loss Account for the Year Ended 28 February 2025

| Note | 2025 £ | 2024 £
Turnover |  | - | -
Gross profit/(loss) |  | - | -
Administrative expenses |  | - | (138)
Operating loss |  | - | (138)
Loss before tax |  | - | (138)
Loss for the financial year |  | - | (138)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

MH Hospitality Limited

Statement of Comprehensive Income for the Year Ended 28 February 2025

| 2025 £ | 2024 £
Loss for the year | - | (138)
Total comprehensive income for the year | - | (138)

MH Hospitality Limited

(Registration number: 12476622)
Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 1,816 | 1,816
Current assets |  |  |
Cash at bank and in hand |  | 100 | 100
Creditors: Amounts falling due within one year | 5 | (1,816) | (1,816)
Net current liabilities |  | (1,716) | (1,716)
Net assets |  | 100 | 100
Capital and reserves |  |  |
Called up share capital | 6 | 100 | 100
Shareholders' funds |  | 100 | 100

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 8 October 2025

......................................... B Kofman Director

MH Hospitality Limited

Statement of Changes in Equity for the Year Ended 28 February 2025

| Share capital £ | Total £
At 1 March 2024 | 100 | 100
At 28 February 2025 | 100 | 100

| Share capital £ | Retained earnings £ | Total £
At 1 March 2023 | 100 | 49,638 | 49,738
Loss for the year | - | (138) | (138)
Dividends | - | (49,500) | (49,500)
At 29 February 2024 | 100 | - | 100

MH Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
590 Green Lanes
Palmers Green
London
N13 5RY

These financial statements were authorised for issue by the director on 8 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

MH Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Investments

| 2025 £ | 2024 £
Investments in associates | 1,816 | 1,816

Associates | £
Cost
At 1 March 2024 | 1,816
Provision
Carrying amount
At 28 February 2025 | 1,816
At 29 February 2024 | 1,816

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

MH Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Associates
Mnky Hse Holdings Limited | Queensgate, Queen Street, Castletown, Isle of Man, IM9 1PB | Ordinary shares | 25% | 25%
| Nevis |  |  |

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 8 | 1,816 | 1,816

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

7 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £Nil (2024 - £495.00) per ordinary share |  | - |  | 49,500

8 | Related party transactions

Included in creditors is an amount of £1,816 (2024: £1,816) owed to Mnky Hse Holdings Ltd, a company in which MH Hospitality Ltd holds a 25% interest.

MH Hospitality Limited

Detailed Profit and Loss Account for the Year Ended 28 February 2025

| 2025 £ | 2024 £
Turnover (analysed below) | - | -
Administrative expenses |  |
General administrative expenses (analysed below) | - | (30)
Finance charges (analysed below) | - | (108)
| - | (138)
Operating loss | - | (138)
Loss before tax | - | (138)

MH Hospitality Limited

Detailed Profit and Loss Account for the Year Ended 28 February 2025

| 2025 £ | 2024 £

General administrative expenses |  |
Accountancy fees | - | (30)

Finance charges |  |
Bank charges | - | (108)