M & H OPTICAL LTD

Company Registration Number:
13705421 (England and Wales)

Unaudited abridged accounts for the year ended 30 October 2024

Period of accounts

Start date: 01 November 2023

End date: 30 October 2024

M & H OPTICAL LTD

Contents of the Financial Statements

for the Period Ended 30 October 2024

Balance sheet
Notes

M & H OPTICAL LTD

Balance sheet

As at 30 October 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 3,675 4,200
Tangible assets: 4 47,795 977
Total fixed assets: 51,470 5,177
Current assets
Stocks: 28,811 19,193
Debtors:   692 7,576
Cash at bank and in hand: 67 70
Total current assets: 29,570 26,839
Creditors: amounts falling due within one year:   (89,286) (35,505)
Net current assets (liabilities): (59,716) (8,666)
Total assets less current liabilities: (8,246) (3,489)
Total net assets (liabilities): (8,246) (3,489)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (8,346) (3,589)
Shareholders funds: (8,246) (3,489)

The notes form part of these financial statements

M & H OPTICAL LTD

Balance sheet statements

For the year ending 30 October 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 May 2026
and signed on behalf of the board by:

Name: A Frangouli
Status: Director

The notes form part of these financial statements

M & H OPTICAL LTD

Notes to the Financial Statements

for the Period Ended 30 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 25% reducing balance Computer Equipment 25% reducing balance

Intangible fixed assets and amortisation policy

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

M & H OPTICAL LTD

Notes to the Financial Statements

for the Period Ended 30 October 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

M & H OPTICAL LTD

Notes to the Financial Statements

for the Period Ended 30 October 2024

3. Intangible Assets

Total
Cost £
At 01 November 2023 5,250
At 30 October 2024 5,250
Amortisation
At 01 November 2023 1,050
Charge for year 525
At 30 October 2024 1,575
Net book value
At 30 October 2024 3,675
At 31 October 2023 4,200

M & H OPTICAL LTD

Notes to the Financial Statements

for the Period Ended 30 October 2024

4. Tangible Assets

Total
Cost £
At 01 November 2023 1,302
Additions 62,750
At 30 October 2024 64,052
Depreciation
At 01 November 2023 325
Charge for year 15,932
At 30 October 2024 16,257
Net book value
At 30 October 2024 47,795
At 31 October 2023 977