IRIS Accounts Production v24.2.0.383 04605040 director 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046050402022-12-31046050402023-12-31046050402023-01-012023-12-31046050402021-12-31046050402022-01-012022-12-31046050402022-12-3104605040ns15:EnglandWales2023-01-012023-12-3104605040ns14:PoundSterling2023-01-012023-12-3104605040ns10:Director12023-01-012023-12-3104605040ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104605040ns10:SmallEntities2023-01-012023-12-3104605040ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104605040ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104605040ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104605040ns10:FullAccounts2023-01-012023-12-3104605040ns10:OrdinaryShareClass12023-01-012023-12-3104605040ns10:CompanySecretary12023-01-012023-12-3104605040ns10:RegisteredOffice2023-01-012023-12-3104605040ns5:CurrentFinancialInstruments2023-12-3104605040ns5:CurrentFinancialInstruments2022-12-3104605040ns5:ShareCapital2023-12-3104605040ns5:ShareCapital2022-12-3104605040ns5:RetainedEarningsAccumulatedLosses2023-12-3104605040ns5:RetainedEarningsAccumulatedLosses2022-12-3104605040ns5:PlantMachinery2023-01-012023-12-3104605040ns5:MotorVehicles2023-01-012023-12-3104605040ns5:ComputerEquipment2023-01-012023-12-3104605040ns5:PlantMachinery2022-12-3104605040ns5:MotorVehicles2022-12-3104605040ns5:ComputerEquipment2022-12-3104605040ns5:PlantMachinery2023-12-3104605040ns5:MotorVehicles2023-12-3104605040ns5:ComputerEquipment2023-12-3104605040ns5:PlantMachinery2022-12-3104605040ns5:MotorVehicles2022-12-3104605040ns5:ComputerEquipment2022-12-3104605040ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104605040ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3104605040ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 04605040 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 December 2023

for

M. James Mobile Auto Electrical Services
Limited

M. James Mobile Auto Electrical Services
Limited (Registered number: 04605040)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


M. James Mobile Auto Electrical Services
Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M K James



SECRETARY: Mrs R James



REGISTERED OFFICE: North Lodge
Upwoods Road
Doveridge
Ashbourne
Derbyshire
DE6 5LL



REGISTERED NUMBER: 04605040 (England and Wales)



ACCOUNTANTS: The Profit Key Limited
Prince William House
10 Lower Church Street
Ashby de la Zouch
Leicestershire
LE65 1AB



BANKERS: HSBC
Victoria Road
Derby
Derbyshire
DE24 9HX

M. James Mobile Auto Electrical Services
Limited (Registered number: 04605040)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,188 8,962

CURRENT ASSETS
Debtors 5 10,017 23,388
Cash at bank 25,661 25,530
35,678 48,918
CREDITORS
Amounts falling due within one year 6 10,069 11,617
NET CURRENT ASSETS 25,609 37,301
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,797

46,263

PROVISIONS FOR LIABILITIES 1,366 1,703
NET ASSETS 31,431 44,560

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 31,331 44,460
SHAREHOLDERS' FUNDS 31,431 44,560

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.

M. James Mobile Auto Electrical Services
Limited (Registered number: 04605040)

Statement of Financial Position - 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 8 September 2024 and were signed by:





M K James - Director


M. James Mobile Auto Electrical Services
Limited (Registered number: 04605040)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

M. James Mobile Auto Electrical Services 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 - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Loans from directors
Any loans from the director's to the company are interest free and repayable on demand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

M. James Mobile Auto Electrical Services
Limited (Registered number: 04605040)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 1,955 21,000 448 23,403
DEPRECIATION
At 1 January 2023 1,595 12,398 448 14,441
Charge for year 54 1,720 - 1,774
At 31 December 2023 1,649 14,118 448 16,215
NET BOOK VALUE
At 31 December 2023 306 6,882 - 7,188
At 31 December 2022 360 8,602 - 8,962

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,316 18,727
Other debtors 4,500 4,500
Prepayments 201 161
10,017 23,388

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 5,568 7,032
Directors' current accounts 3,031 3,313
Accrued expenses 1,470 1,272
10,069 11,617

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100