MJP Electrical Contractors Ltd |
Registered Number:12802391 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
MJP Electrical Contractors Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
MJP Electrical Contractors Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
17,962
285
2
17,962
285
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
100
100
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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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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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. |
41 Rook Way
Horsham
West Sussex
RH12 5FR
The presentation currency is £ sterling. |
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: |
Computer Equipment
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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For the year ended 31 March 2023
MJP Electrical Contractors Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
860
860
-
23,950
-
23,950
23,950
860
24,810
Provision for depreciation and impairment |
575
575
-
Charge for year
6,273
285
5,988
6,848
860
5,988
17,962
-
17,962
-
285
285
3. Trade and other receivables |
2022
2023
3,252
1,044
8,036
2,800
3,844
11,288
4. Trade and other payables: amounts falling due within one year |
2022
2023
4,205
9,477
Taxation and social security |
8,486
5,063
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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