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REGISTERED NUMBER: 13737877 (England and Wales)


















MAJ Plumbing and Electrical Ltd

Unaudited Financial Statements

for the Year Ended 30th November 2023






MAJ Plumbing and Electrical Ltd (Registered number: 13737877)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAJ Plumbing and Electrical Ltd

Company Information
for the Year Ended 30th November 2023







DIRECTORS: M A Gray
J Lawson





REGISTERED OFFICE: 14 Florence Crescent
Gedling
Nottingham
NG4 2QJ





REGISTERED NUMBER: 13737877 (England and Wales)





ACCOUNTANTS: Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB

MAJ Plumbing and Electrical Ltd (Registered number: 13737877)

Balance Sheet
30th November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 6,129 6,062

CURRENT ASSETS
Debtors 6 11,218 4,150
Cash at bank 7,817 10,418
19,035 14,568
CREDITORS
Amounts falling due within one year 7 (16,588 ) (12,921 )
NET CURRENT ASSETS 2,447 1,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,576

7,709

CREDITORS
Amounts falling due after more than one
year

8

(4,282

)

(6,167

)

PROVISIONS FOR LIABILITIES (203 ) (1,152 )
NET ASSETS 4,091 390

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 4,089 388
SHAREHOLDERS' FUNDS 4,091 390

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

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

MAJ Plumbing and Electrical Ltd (Registered number: 13737877)

Balance Sheet - continued
30th 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th August 2024 and were signed on its behalf by:




M A Gray - Director



J Lawson - Director


MAJ Plumbing and Electrical Ltd (Registered number: 13737877)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

MAJ Plumbing and Electrical 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Long leasehold - 10% on reducing balance
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

MAJ Plumbing and Electrical Ltd (Registered number: 13737877)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

5. TANGIBLE FIXED ASSETS
Long Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1st December 2022 407 2,106 5,488 8,001
Additions - 2,037 - 2,037
At 30th November 2023 407 4,143 5,488 10,038
DEPRECIATION
At 1st December 2022 41 526 1,372 1,939
Charge for year 36 905 1,029 1,970
At 30th November 2023 77 1,431 2,401 3,909
NET BOOK VALUE
At 30th November 2023 330 2,712 3,087 6,129
At 30th November 2022 366 1,580 4,116 6,062

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,610 3,280
Other debtors 608 870
11,218 4,150

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 9,318 8,706
Other creditors 7,270 4,215
16,588 12,921

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 4,282 6,167

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary 1 2 2