Company Registration No. 12439729 (England and Wales)
MBJ Construction Limited
Unaudited accounts
for the year ended 28 February 2022
MBJ Construction Limited
Unaudited accounts
Contents
MBJ Construction Limited
Company Information
for the year ended 28 February 2022
Company Number
12439729 (England and Wales)
Registered Office
3 NUNNERY CLOSE
OXFORD
OX4 6EG
ENGLAND
MBJ Construction Limited
Statement of financial position
as at 28 February 2022
Tangible assets
42,851
8,000
Cash at bank and in hand
5,172
52,189
Creditors: amounts falling due within one year
(27,571)
(37,299)
Net current assets
50,106
43,445
Called up share capital
1
1
Profit and loss account
92,956
51,444
Shareholders' funds
92,957
51,445
For the year ending 28 February 2022 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 5 July 2022 and were signed on its behalf by
Martin Byrne
Director
Company Registration No. 12439729
MBJ Construction Limited
Notes to the Accounts
for the year ended 28 February 2022
MBJ Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 12439729. The registered office is 3 NUNNERY CLOSE, OXFORD, OX4 6EG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
MBJ Construction Limited
Notes to the Accounts
for the year ended 28 February 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2021
-
10,000
10,000
Additions
30,000
23,563
53,563
Disposals
-
(10,000)
(10,000)
At 28 February 2022
30,000
23,563
53,563
At 1 March 2021
-
2,000
2,000
Charge for the year
6,000
4,712
10,712
On disposals
-
(2,000)
(2,000)
At 28 February 2022
6,000
4,712
10,712
At 28 February 2022
24,000
18,851
42,851
At 28 February 2021
-
8,000
8,000
5
Debtors: amounts falling due within one year
2022
2021
Other debtors
18,395
20,861
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
4,551
13,610
Loans from directors
23,020
15,964
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).