Solution MHE Limited - Filleted accounts

Registered number

04081750

Solution MHE Limited

Filleted Accounts

30 June 2026

Solution MHE Limited
Registered number:		04081750
Balance Sheet
as at 30 June 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		270,494			175,309

Current assets
Stocks		97,246			107,935
Debtors	5	306,535			248,842
Cash at bank and in hand		21,005			169,594
		424,786			526,371

Creditors: amounts falling due within one year	6	(373,652)			(494,700)

Net current assets			51,134			31,671

Total assets less current liabilities			321,628			206,980

Creditors: amounts falling due after more than one year	7		(55,731)			(14,850)

Provisions for liabilities			(50,885)			(26,967)


Net assets			215,012			165,163

Capital and reserves
Called up share capital			86			86
Capital redemption reserve	8		90			90
Profit and loss account			214,836			164,987

Shareholder's funds			215,012			165,163

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




F Smith
Director
Approved by the board on 2 October 2026

Solution MHE Limited
Notes to the Accounts
for the year ended 30 June 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			2% straight line
	Hire fleet			15-100% straight line
	Plant and machinery etc			15-33% straight line
	Motor vehicles			25% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					13		14


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 July 2025							4,750
	At 30 June 2026							4,750

	Amortisation
	At 1 July 2025							4,750
	At 30 June 2026							4,750

	Net book value
	At 30 June 2026							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Leasehold property		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 July 2025	76,559		738,788		123,797		939,144
	Additions	8,775		150,191		38,000		196,966
	Disposals	-		(129,122)		(33,528)		(162,650)
	At 30 June 2026	85,334		759,857		128,269		973,460

	Depreciation
	At 1 July 2025	11,484		643,222		109,129		763,835
	Charge for the year	9,118		71,808		10,473		91,399
	On disposals	-		(121,553)		(30,715)		(152,268)
	At 30 June 2026	20,602		593,477		88,887		702,966

	Net book value
	At 30 June 2026	64,732		166,380		39,382		270,494
	At 30 June 2025	65,075		95,566		14,668		175,309


5	Debtors					2026		2025
£							£

	Trade debtors					293,047		235,384
	Other debtors					13,488		13,458
						306,535		248,842


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					9,264		3,194
	Obligations under finance lease and hire purchase contracts					55,670		52,895
	Trade creditors					164,025		146,661
	Related parties					15,199		77,199
	Taxation and social security costs					78,718		141,593
	Other creditors					50,776		73,158
						373,652		494,700


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Obligations under finance lease and hire purchase contracts					55,731		14,850


8	Capital redemption reserve					2026		2025
£							£

	At 1 July 2025					90		90

	At 30 June 2026					90		90


9	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					19,212		37,587


10	Related party transactions

	The director advanced a loan to the company during 2024. At the balance sheet date the loan balance was £Nil owing to the director (2025: £21,000).
	The director is a director of Joskin Holdings Limited who owns the property at 118B Burcott Road, which is leased to the Company. The amount of rent paid during the part year was £60,000 (2025: £60,000). At the balance sheet date £15,199 is owed to Joskin Holdings Limited (2025: £77,199).


11	Controlling party

	As at the balance sheet date, the company was under the control of Joskin Holdings Limited.


12	Other information

	Solution MHE Limited is a private company limited by shares and incorporated in England. Its registered office is:
	118B Burcott Road
	Avonmouth
	Bristol
	BS11 8AB