2022-04-01 12802391 2023-03-31 12802391 2022-04-01 2023-03-31 12802391 2022-03-31 12802391 2021-04-01 2022-03-31 12802391 uk-core:WithinOneYear 2022-03-31 12802391 uk-core:WithinOneYear 2023-03-31 12802391 uk-core:AfterOneYear 2022-03-31 12802391 uk-core:AfterOneYear 2023-03-31 12802391 uk-core:ShareCapital 2023-03-31 12802391 uk-core:ShareCapital 2022-03-31 12802391 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 12802391 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 12802391 uk-bus:Director1 2022-04-01 2023-03-31 12802391 uk-core:ComputerEquipment 2022-04-01 2023-03-31 12802391 uk-core:CommercialMotorVehicles 2022-04-01 2023-03-31 12802391 uk-core:ComputerEquipment 2022-03-31 12802391 uk-core:CommercialMotorVehicles 2022-03-31 12802391 uk-core:CommercialMotorVehicles 2023-03-31 12802391 uk-core:ComputerEquipment 2023-03-31 12802391 uk-core:WithinOneYear 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure 12802391 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 12802391 uk-bus:FRS102 2022-04-01 2023-03-31 12802391 uk-bus:FullAccounts 2022-04-01 2023-03-31 12802391 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
MJP Electrical Contractors Ltd
Registered Number:12802391
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
MJP Electrical Contractors Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
12802391
As at 31 March 2023
MJP Electrical Contractors Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
17,962
285
2
17,962
285
Current assets
Trade and other receivables
3,844
11,288
3
18,093
Cash and cash equivalents
18,160
29,448
21,937
Trade and other payables: amounts falling due within one
year
(21,971)
(17,462)
4
(34)
11,986
Net current assets
Total assets less current liabilities
29,948
251
Trade and other payables: amounts falling due after more
than one year
-
(13,132)
(4,491)
-
Provisions for liabilities
12,325
Net assets
251
Capital and reserves
Called up share capital
100
100
Retained earnings
12,225
151
12,325
251
Shareholders' funds
For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Michael John Plater Director
These financial statements were approved and authorised for issue by the Board on 01 November 2023 and were signed by:
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4
Registered Number :
12802391
For the year ended 31 March 2023
MJP Electrical Contractors Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2023
MJP Electrical Contractors Ltd
Notes to the Financial Statements
Statutory Information
MJP Electrical Contractors Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12802391.
Registered address:
41 Rook Way
Horsham
West Sussex
RH12 5FR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'', including the disclosure and
presentation requirements of Section 1A, and the Companies Act 2006. These financial statements have been
prepared under the historical cost convention.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer Equipment
25% Reducing balance
Motor Vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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6
For the year ended 31 March 2023
MJP Electrical Contractors Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 April 2022
860
860
-
23,950
-
23,950
Additions
At 31 March 2023
23,950
860
24,810
Provision for depreciation and impairment
At 01 April 2022
575
575
-
Charge for year
6,273
285
5,988
At 31 March 2023
6,848
860
5,988
At 31 March 2023
Net book value
17,962
-
17,962
At 31 March 2022
-
285
285
3. Trade and other receivables
2022
2023
£
£
Trade debtors
3,252
1,044
Other debtors
8,036
2,800
3,844
11,288
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
4,205
9,477
Taxation and social security
8,486
5,063
Other creditors
4,771
7,431
17,462
21,971
Other creditors comprises of a hire purchase obligation. The loan is secured against the related asset.
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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