No principal activity declared 16/07/2024 31/07/2025 31/07/2025 false Taxpad 26.507.1336.23 158402372024-07-162025-07-31 158402372024-07-15 158402372025-07-31 15840237business:SmallEntities2024-07-162025-07-31 15840237business:FullAccounts2024-07-162025-07-31 15840237business:CompanyLimitedByGuarantee2024-07-162025-07-31 15840237countries:EnglandWales2024-07-162025-07-31 15840237core:WithinOneYear2025-07-31 15840237core:RetainedEarningsAccumulatedLosses2025-07-31 15840237business:AuditExempt-NoAccountantsReport2024-07-162025-07-31 15840237business:Director12024-07-162025-07-31 15840237business:RegisteredOffice2024-07-162025-07-31 15840237core:PlantMachinery2024-07-162025-07-31 15840237core:PlantMachinery2024-07-15 15840237core:PlantMachinery2025-07-31 iso4217:GBP xbrli:pure
Company registration number: 15840237 (England and Wales)
 
MH GARAGE AND MOT CENTRE LTD Unaudited financial statements For the period ended 31 July 2025
 
— 1 —
MH GARAGE AND MOT CENTRE LTDCompany No. 15840237
Unaudited financial statements for the period ended 31 July 2025
 
CONTENTS
 
Balance sheet3
Notes4-6
 
— 2 —
MH GARAGE AND MOT CENTRE LTDCompany No. 15840237
Balance sheet as at 31 July 2025
31/07/2025
Note£
Fixed assets
Tangible assets547,383
47,383
Current assets
Stocks750
Debtors6103
Cash at bank and in hand7,410
8,263
Creditors: amounts falling due within one year7(55,690)
Net current liabilities(47,427)
Total assets less current liabilities(44)
Deferred tax(9,003)
Net liabilities(9,047)
Reserves9
Profit and loss account(9,047)
Members' funds(9,047)
 
For the period ending 31 July 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 directors acknowledge their 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.
 
These accounts were approved by the board of directors on 10 May 2026 and were signed on its behalf by: __________________________________________________ Mohammad Abdullah Habib
 
— 3 —
MH GARAGE AND MOT CENTRE LTDCompany No. 15840237
Notes to the accounts
 
1 Statutory information
 
The company is a private company, limited by guarantee and is registered in England and Wales. The address of the registered office is Unit 3 16 Morris Road, Leicester, LE2 6BR.
 
2 Accounting policies
 
2.1 Basis of preparation
 
The accounts have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities and the Companies Act 2006.
 
2.2 Turnover
 
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
 
2.3 Tangible fixed assets
 
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided to write down the cost of tangible fixed assets, on a straight line basis, to their residual values over their estimated useful lives as follows:  
Plant and machinery20% Straight Line
 
2.4 Stocks and work in progress
 
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
 
3 Average number of employees
 
The average number of employees during the period was: 1.
 
— 4 —
MH GARAGE AND MOT CENTRE LTDCompany No. 15840237
Notes to the accounts
 
4 Tax on profit
 
£
31/07/2025
Deferred tax9,003
9,003
Income tax expense represents the sum of the tax currently payable and deferred tax.  The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.  Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.  Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.  Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
 
5 Tangible Assets
 
Plant and machineryTotal
££
Cost or valuation
As at 16 July 2024--
Additions59,22959,229
As at 31 July 202559,22959,229
Depreciation
As at 16 July 2024--
Charged in year11,84611,846
As at 31 July 202511,84611,846
Net book value
As at 31 July 202547,38347,383
As at 16 July 2024--
 
31/07/2025
£
 
— 5 —
MH GARAGE AND MOT CENTRE LTDCompany No. 15840237
Notes to the accounts
 
6 Debtors
31/07/2025
£
Accrued income and prepayments103
103
 
7 Creditors: amounts falling due within one year
31/07/2025
£
Other taxes and social security payable139
Net wages unpaid1,132
Loans from directors53,419
Accruals and deferred income1,000
55,690
 
8 Loans to directors
 
At the year end, the company owed £53,419 to the director. The loan is interest-free and repayable on demand.
 
9 Company limited by guarantee
 
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
 
— 6 —