Company Registration No. 11271427 (England and Wales)
MH CAPITAL LIMITED
Unaudited accounts
for the year ended 31 December 2024
MH CAPITAL LIMITED
Unaudited accounts
Contents
MH CAPITAL LIMITED
Company Information
for the year ended 31 December 2024
Company Number
11271427 (England and Wales)
Registered Office
UNIT 2 BURLEY HOUSE
ROWDITCH PLACE
DERBY
DERBYSHIRE
DE22 3LR
UNITED KINGDOM
MH CAPITAL LIMITED
Statement of financial position
as at 31 December 2024
Investment property
3,491,253
3,491,253
Cash at bank and in hand
53,124
21,114
Creditors: amounts falling due within one year
(914,364)
(838,721)
Net current liabilities
(519,286)
(498,600)
Total assets less current liabilities
2,993,130
2,992,653
Creditors: amounts falling due after more than one year
(2,469,931)
(2,469,931)
Net assets
523,199
522,722
Called up share capital
10
10
Revaluation reserve
512,253
512,253
Profit and loss account
10,936
10,459
Shareholders' funds
523,199
522,722
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 December 2025 and were signed on its behalf by
Simon Ming Li
Director
Company Registration No. 11271427
MH CAPITAL LIMITED
Notes to the Accounts
for the year ended 31 December 2024
MH CAPITAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11271427. The registered office is UNIT 2 BURLEY HOUSE, ROWDITCH PLACE, DERBY, DERBYSHIRE, DE22 3LR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
At 31 December 2024
26,454
At 31 December 2024
21,163
Fair value at 1 January 2024
3,491,253
At 31 December 2024
3,491,253
MH CAPITAL LIMITED
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
50,519
26,072
Other debtors
291,435
292,935
7
Creditors: amounts falling due within one year
2024
2023
Other creditors
341,744
235,663
Loans from directors
570,739
601,198
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
2,469,931
2,469,931
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).