MHC AND Co Ltd - Accounts

MHC AND Co Ltd
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

MHC AND Co Ltd Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. MHC & CO 31 March 2025 .................................................... MHC & CO 54 Gloucester Road North Bristol BS7 0SJ 31 December 2025 1

MHC AND Co Ltd
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
MHC & CO
31 March 2025

....................................................

MHC & CO
54 Gloucester Road North

Bristol
BS7 0SJ
31 December 2025

1

MHC AND Co Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	19,979	21,419
		19,979	21,419
Current assets
Debtors: amounts falling due within one year		36,161	36,197
Cash at bank and in hand		2,115	1,015
		38,276	37,212
Creditors: amount falling due within one year		(36,753)	(40,270)
Net current assets		1,523	(3,058)

Total assets less current liabilities		21,502	18,361
Creditors: amount falling due after more than one year		(16,973)	(16,507)
Net assets		4,529	1,854

Capital and reserves
Called up share capital		4	4
Profit and loss account		4,525	1,850
Shareholders' funds		4,529	1,854

For the year ended 31 March 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 31 December 2025 and were signed by:

-------------------------------
Mubashar Chaudhry
Director

2

MHC AND Co Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

MHC AND Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 06794663, registration address 54 Gloucester Road North,, Bristol, BS7 0SJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Motor Vehicles	6% Reducing Balance

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 April 2024	8,732	27,000	35,732
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	8,732	27,000	35,732
Depreciation
At 01 April 2024	7,443	6,870	14,313
Charge for year	232	1,208	1,440
On disposals	-	-	-
At 31 March 2025	7,675	8,078	15,753
Net book values
Closing balance as at 31 March 2025	1,057	18,922	19,979
Opening balance as at 01 April 2024	1,289	20,130	21,419

3

Registered Number: 06794663
England and Wales
MHC AND CO LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025