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REGISTERED NUMBER: 09883313 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

MARK JIBSON MECHANICAL ENGINEERING LTD.

MARK JIBSON MECHANICAL ENGINEERING LTD. (REGISTERED NUMBER: 09883313)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARK JIBSON MECHANICAL ENGINEERING LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: M A Jibson
Mrs A J Jibson





REGISTERED OFFICE: 18 Burdale Close
Driffield
East Yorkshire
YO25 6SG





REGISTERED NUMBER: 09883313 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

MARK JIBSON MECHANICAL ENGINEERING LTD. (REGISTERED NUMBER: 09883313)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,532 57,054

CURRENT ASSETS
Stocks 9,500 1,600
Debtors 5 31,329 34,608
Cash at bank 24,857 18,052
65,686 54,260
CREDITORS
Amounts falling due within one year 6 16,662 20,798
NET CURRENT ASSETS 49,024 33,462
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,556

90,516

PROVISIONS FOR LIABILITIES 8,651 10,840
NET ASSETS 85,905 79,676

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 85,805 79,576
SHAREHOLDERS' FUNDS 85,905 79,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

MARK JIBSON MECHANICAL ENGINEERING LTD. (REGISTERED NUMBER: 09883313)

BALANCE SHEET - continued
30 NOVEMBER 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 11 March 2024 and were signed on its behalf by:




M A Jibson - Director



Mrs A J Jibson - Director


MARK JIBSON MECHANICAL ENGINEERING LTD. (REGISTERED NUMBER: 09883313)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Mark Jibson Mechanical Engineering Ltd. 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 reducing balance and 15% on reducing balance

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

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 2 (2022 - 2 ) .

MARK JIBSON MECHANICAL ENGINEERING LTD. (REGISTERED NUMBER: 09883313)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 98,873
Additions 470
At 30 November 2023 99,343
DEPRECIATION
At 1 December 2022 41,819
Charge for year 11,992
At 30 November 2023 53,811
NET BOOK VALUE
At 30 November 2023 45,532
At 30 November 2022 57,054

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 30,127 33,444
Other debtors 1,202 1,164
31,329 34,608

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,608 788
Taxation and social security 12,386 6,869
Other creditors 1,668 13,141
16,662 20,798

7. RESERVES
Retained
earnings
£   

At 1 December 2022 79,576
Profit for the year 26,229
Dividends (20,000 )
At 30 November 2023 85,805

MARK JIBSON MECHANICAL ENGINEERING LTD. (REGISTERED NUMBER: 09883313)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. RELATED PARTY DISCLOSURES

As at 30th November 2022 the company owed the director's £12,124.

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.