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REGISTERED NUMBER: 10528888 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

MJCForkRentUK Limited

MJCForkRentUK Limited (Registered number: 10528888)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

MJCForkRentUK Limited

Company Information
for the year ended 31 December 2023







DIRECTOR: Mr M J Crossley





SECRETARY: Mrs S C Crossley





REGISTERED OFFICE: Westell Accountants
3 Bradfield Court Drayton Mill
Milton Road Drayton
Abingdon
Oxfordshire
OX14 4EF





REGISTERED NUMBER: 10528888 (England and Wales)





ACCOUNTANTS: Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF

MJCForkRentUK Limited (Registered number: 10528888)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,756,537 1,660,868

CURRENT ASSETS
Debtors 5 103,600 98,424
Cash at bank 211,504 108,399
315,104 206,823
CREDITORS
Amounts falling due within one year 6 1,422,627 1,231,771
NET CURRENT LIABILITIES (1,107,523 ) (1,024,948 )
TOTAL ASSETS LESS CURRENT LIABILITIES 649,014 635,920

CREDITORS
Amounts falling due after more than one
year

7

423,020

495,355
NET ASSETS 225,994 140,565

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 225,993 140,564
SHAREHOLDERS' FUNDS 225,994 140,565

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

MJCForkRentUK Limited (Registered number: 10528888)

Balance Sheet - continued
31 December 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 director and authorised for issue on 10 July 2024 and were signed by:





Mr M J Crossley - Director


MJCForkRentUK Limited (Registered number: 10528888)

Notes to the Financial Statements
for the year ended 31 December 2023


1. STATUTORY INFORMATION

MJCForkRentUK 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 reducing balance and 20% on reducing balance

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 2 (2022 - 2 ) .

MJCForkRentUK Limited (Registered number: 10528888)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 3,129,379
Additions 1,000,186
Disposals (869,317 )
At 31 December 2023 3,260,248
DEPRECIATION
At 1 January 2023 1,468,511
Charge for year 444,919
Eliminated on disposal (409,719 )
At 31 December 2023 1,503,711
NET BOOK VALUE
At 31 December 2023 1,756,537
At 31 December 2022 1,660,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 103,600 94,090
Other debtors - 4,334
103,600 98,424

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,333 8,333
Hire purchase contracts 486,645 344,337
Trade creditors 6,551 49,100
Taxation and social security 14,747 -
Other creditors 906,351 830,001
1,422,627 1,231,771

MJCForkRentUK Limited (Registered number: 10528888)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 19,282 29,162
Hire purchase contracts 403,738 466,193
423,020 495,355

MJCForkRentUK Limited

Report of the Accountants to the Director of
MJCForkRentUK Limited


The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF


Date: .............................................