ACCOUNTS - Final Accounts preparation

MHM Holding Investments Limited

Registered number: 15645289

Information for filing
with Registrar

For the period ended 31 December 2024

15645289

31 December 2024

MHM HOLDING INVESTMENTS LIMITED

REGISTERED NUMBER: 15645289

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024
Note		£

Fixed assets
Investments	4		2,550
			2,550
Current assets
Creditors: amounts falling due within one year	5	(22,768)
Net current liabilities			(22,768)
Total assets less current liabilities			(20,218)
Net liabilities			(20,218)

Capital and reserves
Called up share capital	6	100
Profit and loss account	7	(20,318)
Total deficit		(20,218)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

E S El Alam Hernandez

Director

Date: 13 January 2026

The notes on pages 2 to 8 form part of these financial statements.

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15645289

31 December 2024

MHM HOLDING INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

MHM Holding Investments Limited (the "Company") is a private company, limited by shares, and incorporated in the United Kingdom. The registered number of the Company is 15645289. The address of its registered office is 30 Old Bailey, London, United Kingdom, EC4M 7AU.
The Company was incorporated on 14 April 2024 and has prepared its accounts for the 9-month period ending 31 December 2024.
During this accounting period, the Company revised its accounting reference date, changing it from 30 April 2025 to 31 December 2024.
The principal activity of the Company is that of a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 have been presented in Pound Sterling which is also the Company's functional currency. This is the currency of the primary economic environment in which the Company operates and is rounded to the nearest pound.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts. The financial statements present information about the Company as an individual entity and not about its Group.

2.3

Going concern

The financial statements are prepared on a going concern basis. The Company remains assured of the financial support by the shareholders. The director has received confirmation that the shareholders will continue to support the Company and provide it with adequate funds when necessary to enable it to meet its debts as they fall due in the foreseeable future. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis

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15645289

31 December 2024

MHM HOLDING INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentation currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

All other foreign exchange gains and losses are presented in the Statement of comprehensive income within 'administrative expenses'.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.8

Creditors

Short-term creditors are measured at the transaction price.

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15645289

31 December 2024

MHM HOLDING INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position 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 are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial assets have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the assets original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Basic 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 the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate

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15645289

31 December 2024

MHM HOLDING INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.9

Financial instruments (continued)

method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Employees

The Company has no employees other than the director, who did not receive any remuneration.

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15645289

31 December 2024

MHM HOLDING INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

4.	Investments

		Investments in subsidiary companies
		£
	Cost
	At 14 April 2024	-
	Additions	2,550
	At 31 December 2024	2,550

	Net book value
	At 31 December 2024	2,550

Subsidiary undertaking
The following was a subsidiary undertaking of the Company:
Name	Registered office	Principal activity	Class of shares	Holding

MHM Mining Oil & Gas Developments Holding Group S.L

C/ CAN RABIA, No. 3,

4th Floor, SARRIÀ Forum Building,
Office 216,

08017 Barcelona, Spain

Consulting and developing mining projects

Ordinary

100%

During the year, the Company acquired 100% of the share capital of MHM Mining Oil & Gas Developments Holding Group S.L from its shareholders for a consideration of £2,550. The transaction was conducted at arm’s length.

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15645289

31 December 2024

MHM HOLDING INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

5.	Creditors: amounts falling due within one year
		2024
		£

	Trade creditors	4,281
	Amounts owed to group undertakings	2,706
	Other creditors	4,310
	Accruals	11,471
		22,768

Amounts owed to group undertakings are unsecured, interest free and repayable on demand.
Other creditors include £3,035 owed to the director and £1,275 owed to a shareholder of the Company.

6.	Share capital
		2024
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1 each	100

Ordinary shares have attached to them full voting, dividend and capital distribution (including upon winding up) rights; they do not confer any rights of redemption or fixed dividend entitlement
On 14 April 2024, the Company issued 100 Ordinary shares with a nominal value of £1 each, for consideration of £100.

Reserves

Profit and loss account

This reserve represents the losses of the Company.

8.	Related party transactions
	The Company has taken advantage of the exemption from disclosing related party transactions undertaken between wholly owned members of the group and transactions with other related parties concluded under normal market conditions.

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15645289

31 December 2024

MHM HOLDING INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

9.	Post balance sheet events

On 1 July 2025, the Company acquired a 100% equity interest in MHM Petrochemicals & Gas Developments BV for a consideration of £4,281.
There have been no other significant events affecting the Company since the period end.

10.	Controlling party

E S El Alam Hernandez is the ultimate controlling party of the Company, by virtue of his shareholding in the Company.

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