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Registration number: 00450900

Prepared for the registrar
M J H Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2025

M J H Limited

(Registration number: 00450900)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 565 | 587
Investment property | 5 | 2,002,000 | 2,007,000
|  | 2,002,565 | 2,007,587
Current assets |  |  |
Debtors | 6 | 1,811 | 1,602
Cash at bank and in hand |  | 214,014 | 172,463
|  | 215,825 | 174,065
Creditors: Amounts falling due within one year | 7 | (13,741) | (10,543)
Net current assets |  | 202,084 | 163,522
Total assets less current liabilities |  | 2,204,649 | 2,171,109
Deferred tax liabilities |  | (155,738) | (156,958)
Net assets |  | 2,048,911 | 2,014,151
Capital and reserves |  |  |
Called up share capital |  | 20,727 | 20,727
Share premium reserve |  | 727 | 727
Revaluation reserve |  | 858,815 | 862,565
Retained earnings |  | 1,168,642 | 1,130,132
Shareholders' funds |  | 2,048,911 | 2,014,151

For the financial year ending 31 December 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 and 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 3 February 2026 and signed on its behalf by:

C M Meadows
Director

M J H Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

| 1 | General information

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

The address of its registered office is:
Windsor House
Bayshill Road
Cheltenham
Gloucestershire
GL50 3AT

| 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 for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Revenue recognition

Turnover comprises the fair value of the rental income received or receivable. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit and loss account, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation 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 taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position 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.

M J H Limited

Notes to the Financial Statements for the Year Ended 31 December 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
Fixtures and fittings | 15% reducing balance

Investment property

The investment property was previously accounted for as property, plant and equipment and measured at cost less accumulated depreciation. It is now carried at fair value, as a reliable measure is available derived from current market prices for comparable real estate. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Impairment
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss.

| 3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

M J H Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

| 4 | Tangible assets

| Furniture, fittings and equipment £
Cost or valuation
At 1 January 2025 | 1,488
Additions | 151
Disposals | (179)
At 31 December 2025 | 1,460
Depreciation
At 1 January 2025 | 901
Charge for the year | 91
Eliminated on disposal | (97)
At 31 December 2025 | 895
Carrying amount
At 31 December 2025 | 565
At 31 December 2024 | 587

| 5 | Investment properties

| 2025 £
At 1 January 2025 | 2,007,000
Fair value adjustments | (5,000)
At 31 December 2025 | 2,002,000

Investment properties were valued on an open market basis on 31 December 2025 by the directors.

The historical cost of the freehold land and buildings included in investment properties above is £987,590 (2024: £987,590).

| 6 | Debtors

| 2025 £ | 2024 £
Prepayments | 1,811 | 1,602
| 1,811 | 1,602

| 7 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 11,531 | 8,463
Accruals and deferred income | 2,210 | 2,080
| 13,741 | 10,543