Registration number: 11610087

MHL Strategic Land Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

MHL Strategic Land Limited

Company Information

Directors

Mr S C Wynn Mr D C Gratton

Registered office

Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

MHL Strategic Land Limited

(Registration number: 11610087)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Other financial assets	5	4	4
Current assets
Stocks	6	316,718	316,220
Debtors	7	84,794	84,794
Cash at bank and in hand		1,056	4,930
		402,568	405,944
Creditors: Amounts falling due within one year	8	(490,496)	(491,819)
Net current liabilities		(87,928)	(85,875)
Net liabilities		(87,924)	(85,871)
Capital and reserves
Called up share capital	9	8	8
Retained earnings		(87,932)	(85,879)
Shareholders' deficit		(87,924)	(85,871)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

MHL Strategic Land Limited

(Registration number: 11610087)
Balance Sheet as at 31 March 2025

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 November 2025 and signed on its behalf by:
 

Mr S C Wynn Director

Mr D C Gratton Director

MHL Strategic Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

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.

Going concern

The financial statements have been prepared on a going concern basis. The directors will continue to support the company to ensure all liabilities are met as they fall due.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

MHL Strategic Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	4 Years Straight Line

Investments

Long term investments are held at cost less impairment.

Current investments are held at fair value with adjustment taken through the profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

MHL Strategic Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	2,518	2,518
At 31 March 2025	2,518	2,518
Depreciation
At 1 April 2024	2,518	2,518
At 31 March 2025	2,518	2,518
Carrying amount
At 31 March 2025	-	-

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 April 2024	4	4
At 31 March 2025	4	4
Carrying amount
At 31 March 2025	4	4
At 31 March 2024	4	4

6

Stocks

	2025 £	2024 £
Work in progress	316,718	316,220

MHL Strategic Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Debtors

	2025 £	2024 £
Other debtors	84,794	84,794
	84,794	84,794

8

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	10	414,508	414,528
Accruals and deferred income		1,630	1,630
Other creditors		74,358	75,661
		490,496	491,819

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	8	8	8	8

10	Related party transactions

At 31 March 2025 the company owed a balance of £350,805 (2024 - £350,805) to Clay Pit Street Whitchurch Limited, a company which has the same directors.

At 31 March 2025 the company owed £62,261 (2024 - £62,261) to the directors, which is included in Other creditors.

At 31 March 2025 the company owed a balance of £63,702 (2024 - £63,722) to Oaklands Hooton Limited, a company which has the same directors.