IRIS Accounts Production v23.3.0.418 09350776 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093507762022-03-31093507762023-03-31093507762022-04-012023-03-31093507762021-03-31093507762021-04-012022-03-31093507762022-03-3109350776ns10:Originalns15:EnglandWales2022-04-012023-03-3109350776ns14:PoundSterlingns10:Original2022-04-012023-03-3109350776ns10:Originalns10:Director12022-04-012023-03-3109350776ns10:Original2022-04-012023-03-3109350776ns10:Original2023-03-3109350776ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109350776ns10:Originalns10:SmallEntities2022-04-012023-03-3109350776ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109350776ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109350776ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109350776ns10:Originalns10:FullAccounts2022-04-012023-03-3109350776ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109350776ns10:Original2022-03-3109350776ns10:Originalns5:CurrentFinancialInstruments2023-03-3109350776ns10:Originalns5:CurrentFinancialInstruments2022-03-3109350776ns5:ShareCapitalns10:Original2023-03-3109350776ns5:ShareCapitalns10:Original2022-03-3109350776ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109350776ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109350776ns10:Originalns5:PlantMachinery2022-04-012023-03-3109350776ns10:Originalns5:MotorVehicles2022-04-012023-03-3109350776ns10:Originalns5:ComputerEquipment2022-04-012023-03-3109350776ns10:Original2021-04-012022-03-3109350776ns10:Originalns5:PlantMachinery2022-03-3109350776ns10:Originalns5:MotorVehicles2022-03-3109350776ns10:Originalns5:ComputerEquipment2022-03-3109350776ns10:Original2022-03-3109350776ns10:Originalns5:PlantMachinery2023-03-3109350776ns10:Originalns5:MotorVehicles2023-03-3109350776ns10:Originalns5:ComputerEquipment2023-03-3109350776ns10:Originalns5:PlantMachinery2022-03-3109350776ns10:Originalns5:MotorVehicles2022-03-3109350776ns10:Originalns5:ComputerEquipment2022-03-3109350776ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109350776ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3109350776ns10:Originalns5:DeferredTaxation2022-03-3109350776ns10:Originalns5:DeferredTaxation2022-04-012023-03-3109350776ns10:Originalns5:DeferredTaxation2023-03-31
REGISTERED NUMBER: 09350776 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

MJ Midlands Services Ltd

MJ Midlands Services Ltd (Registered number: 09350776)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MJ Midlands Services Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs J A Chance





REGISTERED OFFICE: Unit 4, Varney Business Park
Varney Avenue
West Bromwich
West Midlands
B70 6AE





REGISTERED NUMBER: 09350776 (England and Wales)





ACCOUNTANTS: S R Higgs
Accountant
101 Dixons Green Road
Dudley
West Midlands
DY2 7DJ

MJ Midlands Services Ltd (Registered number: 09350776)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,054 14,072

CURRENT ASSETS
Debtors 5 30,759 42,602
Cash at bank 34,708 23,391
65,467 65,993
CREDITORS
Amounts falling due within one year 6 74,257 76,312
NET CURRENT LIABILITIES (8,790 ) (10,319 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,264

3,753

PROVISIONS FOR LIABILITIES 7 2,290 2,674
NET ASSETS 974 1,079

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 874 979
SHAREHOLDERS' FUNDS 974 1,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MJ Midlands Services Ltd (Registered number: 09350776)

Balance Sheet - continued
31 March 2023


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 20 October 2023 and were signed by:





Mrs J A Chance - Director


MJ Midlands Services Ltd (Registered number: 09350776)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

MJ Midlands Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, 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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 15% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MJ Midlands Services Ltd (Registered number: 09350776)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 14,576 38,726 9,113 62,415
Additions - - 799 799
At 31 March 2023 14,576 38,726 9,912 63,214
DEPRECIATION
At 1 April 2022 9,519 32,866 5,958 48,343
Charge for year 759 1,465 593 2,817
At 31 March 2023 10,278 34,331 6,551 51,160
NET BOOK VALUE
At 31 March 2023 4,298 4,395 3,361 12,054
At 31 March 2022 5,057 5,860 3,155 14,072

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 9,759 21,602
Other debtors 21,000 21,000
30,759 42,602

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 5,632 1,578
Taxation and social security 7,504 4,859
Other creditors 61,121 69,875
74,257 76,312

7. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 2,290 2,674

MJ Midlands Services Ltd (Registered number: 09350776)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 2,674
Provided during year (384 )
Balance at 31 March 2023 2,290

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.