MCJOSEPH & SONS (DP) LTD.

Company Registration Number:
04597559 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

MCJOSEPH & SONS (DP) LTD.

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Notes

MCJOSEPH & SONS (DP) LTD.

Balance sheet

As at 30 April 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 49,110 49,110
Tangible assets: 4 236,594 252,029
Total fixed assets: 285,704 301,139
Current assets
Stocks: 6,500 5,000
Debtors:   164,258 138,394
Cash at bank and in hand: 356,061 447,639
Total current assets: 526,819 591,033
Creditors: amounts falling due within one year:   (115,454) (103,461)
Net current assets (liabilities): 411,365 487,572
Total assets less current liabilities: 697,069 788,711
Creditors: amounts falling due after more than one year:   (137,497) (185,367)
Total net assets (liabilities): 559,572 603,344
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 559,472 603,244
Shareholders funds: 559,572 603,344

The notes form part of these financial statements

MCJOSEPH & SONS (DP) LTD.

Balance sheet statements

For the year ending 30 April 2023 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 25 July 2023
and signed on behalf of the board by:

Name: Mr Soosaipillai Ravi
Status: Director

The notes form part of these financial statements

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2023

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 for goods suppliedand services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer (usually on despatch of the goods); the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:Plant and machinery - 25% reducing balanceFittings fixtures and equipment - 25% reducing balanceMotor vehicles - 25% reducing balanceIf there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Valuation and information policy

StocksStocks are measured at the lower of cost and estimated selling price less costs to complete and sell.Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocksto their present location and condition.

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2023

2. Employees

2023 2022
Average number of employees during the period 54 60

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Intangible Assets

Total
Cost £
At 01 May 2022 49,110
At 30 April 2023 49,110
Net book value
At 30 April 2023 49,110
At 30 April 2022 49,110

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Tangible Assets

Total
Cost £
At 01 May 2022 784,803
Additions 7,420
At 30 April 2023 792,223
Depreciation
At 01 May 2022 532,774
Charge for year 22,855
At 30 April 2023 555,629
Net book value
At 30 April 2023 236,594
At 30 April 2022 252,029