Company Registration No. 13487543 (England and Wales)
M JAY CARS LIMITED
Unaudited accounts
for the year ended 31 December 2023
M JAY CARS LIMITED
Unaudited accounts
Contents
M JAY CARS LIMITED
Company Information
for the year ended 31 December 2023
Company Number
13487543 (England and Wales)
Registered Office
367 CALEDONIAN ROAD
LONDON
N7 9DQ
ENGLAND
Accountants
Allen Robyn & Associates Limited
367 Caledonian Road
London
N7 9DQ
M JAY CARS LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
7,000
9,500
Cash at bank and in hand
34
902
Creditors: amounts falling due within one year
(19,701)
(21,312)
Net current liabilities
(14,167)
(14,910)
Net liabilities
(7,167)
(5,410)
Called up share capital
1,000
1,000
Profit and loss account
(8,167)
(6,410)
Shareholders' funds
(7,167)
(5,410)
For the year ending 31 December 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2024 and were signed on its behalf by
MICHAEL JAISINGH
Director
Company Registration No. 13487543
M JAY CARS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
M JAY CARS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13487543. The registered office is 367 CALEDONIAN ROAD , LONDON, N7 9DQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
1,000
10,000
1,000
12,000
At 31 December 2023
1,000
10,000
1,000
12,000
At 1 January 2023
250
2,000
250
2,500
Charge for the year
250
2,000
250
2,500
At 31 December 2023
500
4,000
500
5,000
At 31 December 2023
500
6,000
500
7,000
At 31 December 2022
750
8,000
750
9,500
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
18,801
20,412
M JAY CARS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).