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REGISTERED NUMBER: 01713587 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

M J CARTER ASSOCIATES LIMITED

M J CARTER ASSOCIATES LIMITED (REGISTERED NUMBER: 01713587)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

M J CARTER ASSOCIATES LIMITED

COMPANY INFORMATION
for the Year Ended 31 May 2023







DIRECTORS: Ms L Heasman
Mr G Titman
Dr M J Carter





REGISTERED OFFICE: Baddesley Colliery Offices
Main Road
Baxterley
Atherstone
Warwickshire
CV9 2LE





REGISTERED NUMBER: 01713587 (England and Wales)





ACCOUNTANTS: SFB Group Limited
Chartered Accountants
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU

M J CARTER ASSOCIATES LIMITED (REGISTERED NUMBER: 01713587)

BALANCE SHEET
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,483 82,396
Investments 5 297 297
80,780 82,693

CURRENT ASSETS
Stocks 3,270 3,270
Debtors 6 808,176 782,384
Cash at bank and in hand 31,155 31,438
842,601 817,092
CREDITORS
Amounts falling due within one year 7 834,315 804,403
NET CURRENT ASSETS 8,286 12,689
TOTAL ASSETS LESS CURRENT LIABILITIES 89,066 95,382

PROVISIONS FOR LIABILITIES 15,034 15,340
NET ASSETS 74,032 80,042

CAPITAL AND RESERVES
Called up share capital 8 5,700 5,700
Capital redemption reserve 9 43 43
Retained earnings 9 68,289 74,299
SHAREHOLDERS' FUNDS 74,032 80,042

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 CARTER ASSOCIATES LIMITED (REGISTERED NUMBER: 01713587)

BALANCE SHEET - continued
31 May 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2024 and were signed on its behalf by:





Ms L Heasman - Director


M J CARTER ASSOCIATES LIMITED (REGISTERED NUMBER: 01713587)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

M J Carter Associates 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 - 20% on cost
Fixtures and fittings - 20% on cost and 15% on cost
Motor vehicles - 25% 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 Profit and Loss Account, 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

M J CARTER ASSOCIATES LIMITED (REGISTERED NUMBER: 01713587)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2022 - 37 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2022 211,644 236,746 14,351 462,741
Additions 28,090 - - 28,090
At 31 May 2023 239,734 236,746 14,351 490,831
DEPRECIATION
At 1 June 2022 141,587 224,407 14,351 380,345
Charge for year 25,731 4,272 - 30,003
At 31 May 2023 167,318 228,679 14,351 410,348
NET BOOK VALUE
At 31 May 2023 72,416 8,067 - 80,483
At 31 May 2022 70,057 12,339 - 82,396

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2022
and 31 May 2023 297
NET BOOK VALUE
At 31 May 2023 297
At 31 May 2022 297

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 446,730 446,230
Other debtors 29,968 29,928
Amounts recoverable on
contracts 225,971 209,146
Prepayments 105,507 97,080
808,176 782,384

M J CARTER ASSOCIATES LIMITED (REGISTERED NUMBER: 01713587)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 157,935 165,063
Trade creditors 238,998 234,683
Taxation 23,902 34,539
Social security and other taxes 11,619 11,215
VAT 230,481 94,227
Other creditors 31,917 31,441
Amounts owed to group undertakings 17,390 17,390
Accrued expenses 122,073 215,845
834,315 804,403

Included within Other creditors are the following amounts owing to individuals that are directors of the company:-

20222021
££

Dr. M. J. CarterNIL1
Mrs. L. Heasman 33,949 33,949

The bank hold as security a cross guarantee and debenture between M J Carter Associates Limited, MWM Planning Limited, and Contaminated Land Consultants Limited.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
5,700 Ordinary £1 5,700 5,700

9. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 June 2022 74,299 43 74,342
Profit for the year 67,862 67,862
Dividends (73,872 ) (73,872 )
At 31 May 2023 68,289 43 68,332

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
M J CARTER ASSOCIATES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M J Carter Associates Limited for the year ended 31 May 2023 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of M J Carter Associates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M J Carter Associates Limited and state those matters that we have agreed to state to the Board of Directors of M J Carter Associates Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M J Carter Associates Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M J Carter Associates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of M J Carter Associates Limited. You consider that M J Carter Associates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M J Carter Associates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






SFB Group Limited
Chartered Accountants
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU


22 January 2024