Silverfin false false 30/06/2025 01/07/2024 30/06/2025 Mr A J Saitch 20/03/2020 Mr M J Tracey 30/03/2020 24 March 2026 The principal activity of the company is that of a holding company. 12539733 2025-06-30 12539733 bus:Director1 2025-06-30 12539733 bus:Director2 2025-06-30 12539733 2024-06-30 12539733 core:CurrentFinancialInstruments 2025-06-30 12539733 core:CurrentFinancialInstruments 2024-06-30 12539733 core:ShareCapital 2025-06-30 12539733 core:ShareCapital 2024-06-30 12539733 core:RetainedEarningsAccumulatedLosses 2025-06-30 12539733 core:RetainedEarningsAccumulatedLosses 2024-06-30 12539733 core:LandBuildings 2024-06-30 12539733 core:LandBuildings 2025-06-30 12539733 core:CostValuation 2024-06-30 12539733 core:CostValuation 2025-06-30 12539733 core:ProvisionsForImpairmentInvestments 2024-06-30 12539733 core:ImpairmentLossProvisionsForImpairmentInvestments 2025-06-30 12539733 core:ProvisionsForImpairmentInvestments 2025-06-30 12539733 bus:OrdinaryShareClass1 2025-06-30 12539733 2024-07-01 2025-06-30 12539733 bus:FilletedAccounts 2024-07-01 2025-06-30 12539733 bus:SmallEntities 2024-07-01 2025-06-30 12539733 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 12539733 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 12539733 bus:Director1 2024-07-01 2025-06-30 12539733 bus:Director2 2024-07-01 2025-06-30 12539733 core:LandBuildings core:TopRangeValue 2024-07-01 2025-06-30 12539733 2023-07-01 2024-06-30 12539733 core:LandBuildings 2024-07-01 2025-06-30 12539733 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 12539733 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 12539733 1 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 12539733 (England and Wales)

# MH JOINERY HOLDINGS LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH THE REGISTRAR

MH JOINERY HOLDINGS LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2025

Contents

MH JOINERY HOLDINGS LIMITED

## BALANCE SHEET

AS AT 30 JUNE 2025
MH JOINERY HOLDINGS LIMITED

## BALANCE SHEET (continued)

AS AT 30 JUNE 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 1,375,182 |  | 1,385,371
Investments | 4 | 0 |  | 62,320
|  | 1,375,182 |  | 1,447,691
Current assets |  |  |  |
Debtors | 5 | 1 |  | 1
Cash at bank and in hand |  | 1,000 |  | 1,000
|  | 1,001 |  | 1,001
Creditors: amounts falling due within one year | 6 | ( 5,200) |  | ( 1,000)
Net current (liabilities)/assets |  | (4,199) |  | 1
Total assets less current liabilities |  | 1,370,983 |  | 1,447,692
Net assets |  | 1,370,983 |  | 1,447,692
Capital and reserves |  |  |  |
Called-up share capital | 7 | 62,321 |  | 62,321
Profit and loss account |  | 1,308,662 |  | 1,385,371
Total shareholders' funds |  | 1,370,983 |  | 1,447,692

For the financial year ending 30 June 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 financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of MH Joinery Holdings Limited (registered number: 12539733) were approved and authorised for issue by the Board of Directors on 24 March 2026. They were signed on its behalf by:

Mr A J Saitch Director |

MH JOINERY HOLDINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2025
MH JOINERY HOLDINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

MH Joinery Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 11 Parrett Way, Colley Lane Industrial Estate, Bridgwater,, Somerset, TA6 5LD, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

Following the year end the directors made the decision that the Company would cease trading and sell the property. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 50 years straight line

##### Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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 deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year. | 0 |  | 0

#### 3. Tangible assets

| Land and buildings |  | Total
| £ |  | £
Cost |  |  |
At 01 July 2024 | 1,400,655 |  | 1,400,655
At 30 June 2025 | 1,400,655 |  | 1,400,655
Accumulated depreciation |  |  |
At 01 July 2024 | 15,284 |  | 15,284
Charge for the financial year | 10,189 |  | 10,189
At 30 June 2025 | 25,473 |  | 25,473
Net book value |  |  |
At 30 June 2025 | 1,375,182 |  | 1,375,182
At 30 June 2024 | 1,385,371 |  | 1,385,371

#### 4. Fixed asset investments

Investments in subsidiaries

| 2025
| £
Cost |
At 01 July 2024 | 62,320
At 30 June 2025 | 62,320
Provisions for impairment |
At 01 July 2024 | 0
Impairment | 62,320
At 30 June 2025 | 62,320
Carrying value at 30 June 2025 | 0
Carrying value at 30 June 2024 | 62,320

During the year the company has recognised an impairment loss of £62,320 regarding the investment in M H Joinery Products Limited. This was recognised as M H Joinery Products Limited is in liquidation.

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Other debtors | 1 |  | 1

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to Group undertakings | 1,000 |  | 1,000
Other creditors | 4,200 |  | 0
| 5,200 |  | 1,000

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
62,321 Ordinary shares of £ 1.00 each | 62,321 |  | 62,321

#### 8. Related party transactions

The freehold property is secured by way of a fixed and floating charge over the company's assets. The property was transferred under a cross guarantee arrangement with M H Joinery Products Limited.
At the period end the company owed £1,000 (2024: £1,000) to M H Joinery Products Limited.

#### 9. Events after the Balance Sheet date

Following the year end the company disposed of the property.