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REGISTERED NUMBER: 08600941 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

MJW Systems Limited

MJW Systems Limited (Registered number: 08600941)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MJW Systems Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: M J Walsh





REGISTERED OFFICE: 2 Colliers Barn
Whalley Old Road
Billington
Clitheroe
BB7 9LF





REGISTERED NUMBER: 08600941 (England and Wales)





ACCOUNTANTS: Len Entwistle Chartered Accountants
Suite 12
Blackburn Business Centre
Davyfield Road
Blackburn
Lancashire
BB1 2QY

MJW Systems Limited (Registered number: 08600941)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £   
CURRENT ASSETS
Cash at bank 119,764 149,522

CREDITORS
Amounts falling due within one year 5 2,959 6,100
NET CURRENT ASSETS 116,805 143,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

116,805

143,422

PROVISIONS FOR LIABILITIES - 28
NET ASSETS 116,805 143,394

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 116,795 143,384
SHAREHOLDERS' FUNDS 116,805 143,394

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

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

The director acknowledges his 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.

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 9 April 2024 and were signed by:





M J Walsh - Director


MJW Systems Limited (Registered number: 08600941)

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

1. STATUTORY INFORMATION

MJW Systems 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 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 etc - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

MJW Systems Limited (Registered number: 08600941)

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

4. TANGIBLE FIXED ASSETS
Office
equipmt
£   
COST
At 1 August 2022
and 31 July 2023 1,746
DEPRECIATION
At 1 August 2022
and 31 July 2023 1,746
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Taxation and social security 2,359 5,500
Other creditors 600 600
2,959 6,100