Registered Number:14257793 |
For the period 26 July 2022 to 31 July 2023
England and Wales
Unaudited Financial Statements
For the period 26 July 2022 to 31 July 2023
MJW Plant Services Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
MJW Plant Services Ltd
Statement of Financial Position
2023
Property, plant and equipment |
6,390
2
6,390
Trade and other receivables |
18,104
3
Cash and cash equivalents |
16,621
34,725
Trade and other payables: amounts falling due within one year |
(24,653)
4
10,072
Net current assets
Total assets less current liabilities |
16,462
(1,214)
Provisions for liabilities |
15,248
Net assets/liabilities
1
15,247
15,248
Shareholders' funds
For the period 26 July 2022 to 31 July 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 period 26 July 2022 to 31 July 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their 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. |
These financial statements were approved and authorised for issue by the Board on 18 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the period 26 July 2022 to 31 July 2023
MJW Plant Services Ltd
Notes to the Financial Statements
Statutory Information
MJW Plant Services Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
14257793. |
42 Sparch Hollow
Newcastle under Lyme
Staffordshire
ST5 9PE
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. |
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
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: |
Plant and Machinery
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. |
2. Property, plant and equipment |
Motor Vehicles
8,560
358
7,000
1,202
1,202
7,000
358
8,560
Provision for depreciation and impairment |
Charge for period
2,170
119
1,750
301
2,170
119
1,750
301
901
5,250
239
6,390
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For the period 26 July 2022 to 31 July 2023
MJW Plant Services Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
18,104
4. Trade and other payables: amounts falling due within one year |
2023
Taxation and social security |
13,733
10,920
24,653
5. Related party transactions |
Included within other creditors is the balance of £10,320 relating to the directors loan account. This loan is interest free with |
no fixed date of repayment. |
6. Average number of persons employed |
During the year the average number of employees was 2
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