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Company Registration No. 14572465 (England and Wales)
Mh Recovery Service Ltd Unaudited accounts for the year ended 31 January 2025
Mh Recovery Service Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Mh Recovery Service Ltd Company Information for the year ended 31 January 2025
Director
Mhtab Khan
Company Number
14572465 (England and Wales)
Registered Office
11 Coupe Road Sheffield South Yorkshire S3 9DP England
Accountants
SM Tax Solutions Ltd 115A Albert Road Sheffield S8 9QX
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Mh Recovery Service Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
10,880
13,600
Current assets
Cash at bank and in hand
142
659
Creditors: amounts falling due within one year
5
(17,847)
(19,483)
Net current liabilities
(17,705)
(18,824)
Net liabilities
(6,825)
(5,224)
Capital and reserves
Called up share capital
6
1
1
Profit and loss account
(6,826)
(5,225)
Shareholders' funds
(6,825)
(5,224)
For the year ending 31 January 2025 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 16 January 2026 and were signed on its behalf by
Mhtab Khan Director Company Registration No. 14572465
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Mh Recovery Service Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Mh Recovery Service Ltd is a private company, limited by shares, registered in England and Wales, registration number 14572465. The registered office is 11 Coupe Road, Sheffield, South Yorkshire, S3 9DP, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
20% Reducing balance method
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 February 2024
17,000
At 31 January 2025
17,000
Depreciation
At 1 February 2024
3,400
Charge for the year
2,720
At 31 January 2025
6,120
Net book value
At 31 January 2025
10,880
At 31 January 2024
13,600
2025
2024
£
£
Carrying amount of motor vehicles on cost basis
-
15,200
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Mh Recovery Service Ltd Notes to the Accounts for the year ended 31 January 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
17,117
18,883
Accruals
730
600
17,847
19,483
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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