MHOL Construction Ltd

Unaudited Financial Statements for the Year Ended 31 May 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R P Spencer

REGISTERED OFFICE:

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

REGISTERED NUMBER:

14861358 (England and Wales)

ACCOUNTANTS:

Matthews Sutton & Co Ltd

Chartered Certified Accountants

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

FIXED ASSETS

Tangible assets

4

26,844

32,475

Investment property

5

1,855,000

1,544,795

1,881,844

1,577,270

CURRENT ASSETS

Debtors

6

105,675

19,200

Cash at bank

-

31,009

105,675

50,209

CREDITORS

Amounts falling due within one year

7

1,608,522

1,574,553

NET CURRENT LIABILITIES

(1,502,847

)

(1,524,344

)

TOTAL ASSETS LESS CURRENT LIABILITIES

378,997

52,926

PROVISIONS FOR LIABILITIES

64,918

6,170

NET ASSETS

314,079

46,756

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

8

174,620

-

Retained earnings

139,458

46,755

314,079

46,756

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2026 and were signed by:

R P Spencer - Director

1.	STATUTORY INFORMATION

MHOL Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rents and management charges received or receivable, excluding value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2025

40,594

Additions

1,080

At 31 May 2026

41,674

DEPRECIATION

At 1 June 2025

8,119

Charge for year

6,711

At 31 May 2026

14,830

NET BOOK VALUE

At 31 May 2026

26,844

At 31 May 2025

32,475

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

1,544,795

Additions

77,379

Revaluations

232,826

At 31 May 2026

1,855,000

NET BOOK VALUE

At 31 May 2026

1,855,000

At 31 May 2025

1,544,795

Fair value at 31 May 2026 is represented by:

£

Valuation in 2026

1,855,000

Investment properties were valued using market data by the director on the 31/05/2026.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

14,400

-

Amounts owed by group undertakings

76,200

19,200

Other debtors

15,075

-

105,675

19,200

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

8

-

Taxation and social security

42,398

8,664

Other creditors

1,566,116

1,565,889

1,608,522

1,574,553

8.

RESERVES

Fair

value

reserve

£

Fair value reserve

174,620

At 31 May 2026

174,620