1 September 2024 false No description of principal activity Taxfiler 2024.6 14301117business:PrivateLimitedCompanyLtd2024-09-012025-08-31 143011172024-08-31 143011172024-09-012025-08-31 14301117business:AuditExempt-NoAccountantsReport2024-09-012025-08-31 14301117business:FilletedAccounts2024-09-012025-08-31 143011172025-08-31 14301117business:Director12024-09-012025-08-31 14301117business:RegisteredOffice2024-09-012025-08-31 143011172024-08-31 14301117core:WithinOneYear2025-08-31 14301117core:WithinOneYear2024-08-31 14301117core:AfterOneYear2025-08-31 14301117core:AfterOneYear2024-08-31 14301117core:ShareCapitalcore:PreviouslyStatedAmount2025-08-31 14301117core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 14301117core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-08-31 14301117core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 14301117core:PreviouslyStatedAmount2025-08-31 14301117core:PreviouslyStatedAmount2024-08-31 14301117business:SmallEntities2024-09-012025-08-31 14301117countries:EnglandWales2024-09-012025-08-31 14301117core:FurnitureFittings2024-09-012025-08-31 14301117core:FurnitureFittings2024-08-31 14301117core:FurnitureFittings2025-08-31 143011172023-09-012024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 14301117 (England and Wales)
MIHANSH HANDICRAFTS LTD Unaudited accounts for the year ended 31 August 2025
MIHANSH HANDICRAFTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MIHANSH HANDICRAFTS LTD Company Information for the year ended 31 August 2025
Director
Misha GUPTA
Company Number
14301117 (England and Wales)
Registered Office
174 LOWER HILLMORTON ROAD RUGBY CV21 3TW ENGLAND
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD 51 HEATHER ROAD BINLEY WOODS COVENTRY CV3 2DE
- 3 -
MIHANSH HANDICRAFTS LTD Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,335 
4,697 
Current assets
Inventories
33,487 
70,958 
Debtors
5
70,568 
14,831 
Cash at bank and in hand
18,588 
19,053 
122,643 
104,842 
Creditors: amounts falling due within one year
6
(26,414)
(12,162)
Net current assets
96,229 
92,680 
Total assets less current liabilities
103,564 
97,377 
Creditors: amounts falling due after more than one year
7
(100,720)
(89,683)
Net assets
2,844 
7,694 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
1,844 
6,694 
Shareholders' funds
2,844 
7,694 
For the year ending 31 August 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 28 May 2026 and were signed on its behalf by
Misha GUPTA Director Company Registration No. 14301117
- 4 -
MIHANSH HANDICRAFTS LTD Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
MIHANSH HANDICRAFTS LTD is a private company, limited by shares, registered in England and Wales, registration number 14301117. The registered office is 174 LOWER HILLMORTON ROAD, RUGBY, CV21 3TW, 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:
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2024
6,500 
Additions
4,239 
At 31 August 2025
10,739 
Depreciation
At 1 September 2024
1,803 
Charge for the year
1,601 
At 31 August 2025
3,404 
Net book value
At 31 August 2025
7,335 
At 31 August 2024
4,697 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,450 
14,831 
Other debtors
43,118 
- 
70,568 
14,831 
- 5 -
MIHANSH HANDICRAFTS LTD Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
(282)
9,293 
Trade creditors
22,985 
390 
Taxes and social security
3,711 
2,479 
26,414 
12,162 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
100,720 
89,683 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -