Registered number
13765888
MJ Agri Contracting Limited
Filleted Abridged Accounts
30 November 2023
MJ Agri Contracting Limited
Registered number: 13765888
Abridged Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 176,808 -
Current assets
Debtors 1,808 100
Cash at bank and in hand 29,784 -
31,592 100
Creditors: amounts falling due within one year (268,588) -
Net current (liabilities)/assets (236,996) 100
Net (liabilities)/assets (60,188) 100
Capital and reserves
Called up share capital 100 100
Profit and loss account (60,288) -
Shareholder's funds (60,188) 100
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
Mark James
Director
Approved by the board on 21 August 2024
MJ Agri Contracting Limited
Notes to the Abridged Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Reducing Balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Total
£
Cost
Additions 235,745
At 30 November 2023 235,745
Depreciation
Charge for the year 58,937
At 30 November 2023 58,937
Net book value
At 30 November 2023 176,808
4 Going concern
After making enquiries, I have formed a judgment, at the time of approving the financial statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, I adopt the going concern basis in preparing the financial statements.
5 Other information
MJ Agri Contracting Limited is a private company limited by shares and incorporated in England. Its registered office is:
23 Kings Newnham Road
Church Lawford
Rugby
CV23 9EP
MJ Agri Contracting Limited 13765888 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 Mark James No description of principal activity 13765888 2021-12-01 2022-11-30 13765888 core:WithinOneYear 2022-11-30 13765888 core:ShareCapital 2022-11-30 13765888 core:RetainedEarningsAccumulatedLosses 2022-11-30 13765888 2022-12-01 2023-11-30 13765888 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13765888 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13765888 bus:Director40 2022-12-01 2023-11-30 13765888 2 2022-12-01 2023-11-30 13765888 countries:England 2022-12-01 2023-11-30 13765888 bus:FRS102 2022-12-01 2023-11-30 13765888 bus:AbridgedAccounts 2022-12-01 2023-11-30 13765888 2023-11-30 13765888 core:WithinOneYear 2023-11-30 13765888 core:ShareCapital 2023-11-30 13765888 core:RetainedEarningsAccumulatedLosses 2023-11-30 13765888 2022-11-30 iso4217:GBP xbrli:pure