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REGISTERED NUMBER: 05746135













Unaudited Financial Statements

for the Year Ended 28 February 2023

for

M J Blinds Limited

M J Blinds Limited (Registered number: 05746135)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M J Blinds Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mr Simon Johnson
Mrs Claire Johnson





REGISTERED OFFICE: 45 Castle Street
Tyldesley
Manchester
M29 8FB





REGISTERED NUMBER: 05746135





ACCOUNTANTS: Mike Egan & Co Limited
Chartered Accountants
168 Lee Lane
Horwich
Bolton
Lancashire
BL6 7AF

M J Blinds Limited (Registered number: 05746135)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 27,949 24,996
27,949 24,996

CURRENT ASSETS
Cash at bank 28,139 53,336

CREDITORS
Amounts falling due within one year 6 (27,611 ) (35,432 )
NET CURRENT ASSETS 528 17,904
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,477

42,900

CREDITORS
Amounts falling due after more than one
year

7

(10,000

)

(19,795

)
NET ASSETS 18,477 23,105

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 18,475 23,103
SHAREHOLDERS' FUNDS 18,477 23,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

M J Blinds Limited (Registered number: 05746135)

Balance Sheet - continued
28 February 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 Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





Mr Simon Johnson - Director


M J Blinds Limited (Registered number: 05746135)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

M J Blinds Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 60,000
AMORTISATION
At 1 March 2022
and 28 February 2023 60,000
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 -

M J Blinds Limited (Registered number: 05746135)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 March 2022 14,080 350 982 23,707 39,119
Additions 12,729 - 821 - 13,550
Disposals - - - (13,695 ) (13,695 )
At 28 February 2023 26,809 350 1,803 10,012 38,974
DEPRECIATION
At 1 March 2022 - 88 763 13,272 14,123
Charge for year - 66 260 - 326
Eliminated on disposal - - - (3,424 ) (3,424 )
At 28 February 2023 - 154 1,023 9,848 11,025
NET BOOK VALUE
At 28 February 2023 26,809 196 780 164 27,949
At 28 February 2022 14,080 262 219 10,435 24,996

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 15,489 18,857
Tax 4,026 9,618
Social security and other taxes 364 486
VAT 7,732 6,471
27,611 35,432

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans more 5 yr by instal 10,000 10,000
Hire purchase contracts - 9,795
10,000 19,795

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,000 10,000