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REGISTERED NUMBER: 04924332








Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Mayjeanne Sourcing Limited

Mayjeanne Sourcing Limited (Registered number: 04924332)






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


Mayjeanne Sourcing Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: N Rogerson
Mrs S V Rogerson





SECRETARY: Mrs S V Rogerson





REGISTERED OFFICE: 132 Turton Road
Bradshaw
Bolton
BL2 3DY





REGISTERED NUMBER: 04924332





ACCOUNTANTS: Jonathan Ford & Co Limited
Chartered Accountants
Maxwell House
Liverpool Innovation Park
Liverpool
Merseyside
L7 9NJ

Mayjeanne Sourcing Limited (Registered number: 04924332)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,314 35,815

CURRENT ASSETS
Stocks 54,537 24,633
Debtors 5 238,597 224,600
Cash at bank 354,467 674,024
647,601 923,257
CREDITORS
Amounts falling due within one year 6 215,293 333,448
NET CURRENT ASSETS 432,308 589,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

452,622

625,624

PROVISIONS FOR LIABILITIES 5,074 6,800
NET ASSETS 447,548 618,824

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 447,538 618,814
SHAREHOLDERS' FUNDS 447,548 618,824

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 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.

Mayjeanne Sourcing Limited (Registered number: 04924332)

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 Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





N Rogerson - Director


Mayjeanne Sourcing Limited (Registered number: 04924332)

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

1. STATUTORY INFORMATION

Mayjeanne Sourcing Limited 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.

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 represents net invoiced sales of goods, excluding value added tax after applying discounts.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Mayjeanne Sourcing Limited (Registered number: 04924332)

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

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2022 - 1 ) .

Mayjeanne Sourcing Limited (Registered number: 04924332)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 716 14,252 52,790 7,514 75,272
Additions 291 650 - - 941
At 31 March 2023 1,007 14,902 52,790 7,514 76,213
DEPRECIATION
At 1 April 2022 716 8,599 24,195 5,947 39,457
Charge for year 24 2,145 13,198 1,075 16,442
At 31 March 2023 740 10,744 37,393 7,022 55,899
NET BOOK VALUE
At 31 March 2023 267 4,158 15,397 492 20,314
At 31 March 2022 - 5,653 28,595 1,567 35,815

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.23 31.3.22
£    £   
Trade debtors 200,842 212,600
Other debtors 12,000 12,000
Directors' current accounts 19,256 -
Tax 6,499 -
238,597 224,600

Mayjeanne Sourcing Limited (Registered number: 04924332)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.23 31.3.22
£    £   
Trade creditors 57,838 66,519
Tax 114,719 113,225
Social security and other taxes 3,469 2,697
VAT 39,260 61,203
Other creditors 7 -
Directors' current accounts - 89,804
215,293 333,448

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
N Rogerson and Mrs S V Rogerson
Balance outstanding at start of year - 357
Amounts advanced 19,256 -
Amounts repaid - (357 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,256 -

8. ULTIMATE CONTROLLING PARTY

The company is under joint control of the directors by virtue that they jointly own the share capital of the company.