Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06034163 Mr Martin MacDonald Mrs Rosemarie MacDonald Mrs Rosemarie MacDonald the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06034163 2023-03-31 06034163 2024-03-31 06034163 2023-04-01 2024-03-31 06034163 frs-core:CurrentFinancialInstruments 2024-03-31 06034163 frs-core:Non-currentFinancialInstruments 2024-03-31 06034163 frs-core:ComputerEquipment 2024-03-31 06034163 frs-core:ComputerEquipment 2023-04-01 2024-03-31 06034163 frs-core:ComputerEquipment 2023-03-31 06034163 frs-core:FurnitureFittings 2024-03-31 06034163 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06034163 frs-core:FurnitureFittings 2023-03-31 06034163 frs-core:PlantMachinery 2024-03-31 06034163 frs-core:PlantMachinery 2023-04-01 2024-03-31 06034163 frs-core:PlantMachinery 2023-03-31 06034163 frs-core:ShareCapital 2024-03-31 06034163 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06034163 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06034163 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06034163 frs-bus:SmallEntities 2023-04-01 2024-03-31 06034163 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06034163 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06034163 1 2023-04-01 2024-03-31 06034163 frs-bus:Director1 2023-04-01 2024-03-31 06034163 frs-bus:Director2 2023-04-01 2024-03-31 06034163 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06034163 frs-countries:EnglandWales 2023-04-01 2024-03-31 06034163 2022-03-31 06034163 2023-03-31 06034163 2022-04-01 2023-03-31 06034163 frs-core:CurrentFinancialInstruments 2023-03-31 06034163 frs-core:Non-currentFinancialInstruments 2023-03-31 06034163 frs-core:ShareCapital 2023-03-31 06034163 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 06034163 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 06034163
MJM Building Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Graver & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06034163
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,447 3,679
3,447 3,679
CURRENT ASSETS
Stocks 5 7,035 850
Debtors 6 30,431 1,627
Cash at bank and in hand 14,084 60,789
51,550 63,266
Creditors: Amounts Falling Due Within One Year 7 (7,306 ) (5,705 )
NET CURRENT ASSETS (LIABILITIES) 44,244 57,561
TOTAL ASSETS LESS CURRENT LIABILITIES 47,691 61,240
Creditors: Amounts Falling Due After More Than One Year 8 (47,679 ) (61,080 )
NET ASSETS 12 160
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (88 ) 60
SHAREHOLDERS' FUNDS 12 160
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For the year ending 31 March 2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Martin MacDonald
Director
Mrs Rosemarie MacDonald
Director
7th August 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
MJM Building Services Ltd Registered number 06034163 is a limited by shares company incorporated in England & Wales. The Registered Office is 2 Station Road, Brundall, Norwich, NR13 5LA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance basis
Fixtures & Fittings 25% Reducing balance basis
Computer Equipment 25% Reducing balance basis
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 7,925 428 8,943 17,296
Additions - 917 - 917
As at 31 March 2024 7,925 1,345 8,943 18,213
Depreciation
As at 1 April 2023 7,743 247 5,627 13,617
Provided during the period 45 275 829 1,149
As at 31 March 2024 7,788 522 6,456 14,766
Net Book Value
As at 31 March 2024 137 823 2,487 3,447
As at 1 April 2023 182 181 3,316 3,679
5. Stocks
2024 2023
£ £
Materials 450 850
Work in progress 6,585 -
7,035 850
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,041 1,627
Due after more than one year
Other debtors 29,390 -
30,431 1,627
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,366 4,042
Corporation tax 2,940 1,254
Other creditors - 9
Other creditors (1) - 400
7,306 5,705
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 401 774
Directors loan account 47,278 60,306
47,679 61,080
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Martin MacDonald 12,000 8,500
Mrs Rosemarie MacDonald - 8,500
11. Ultimate Controlling Party
The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.
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