MCJOSEPH & SONS (DP) LTD.

Company Registration Number:
04597559 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

MCJOSEPH & SONS (DP) LTD.

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

MCJOSEPH & SONS (DP) LTD.

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 49,110 49,110
Tangible assets: 4 227,590 236,594
Total fixed assets: 276,700 285,704
Current assets
Stocks: 7,500 6,500
Debtors:   141,214 164,258
Cash at bank and in hand: 314,995 356,061
Total current assets: 463,709 526,819
Creditors: amounts falling due within one year:   (109,310) (115,454)
Net current assets (liabilities): 354,399 411,365
Total assets less current liabilities: 631,099 697,069
Creditors: amounts falling due after more than one year:   (105,134) (137,497)
Total net assets (liabilities): 525,965 559,572
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 525,865 559,472
Shareholders funds: 525,965 559,572

The notes form part of these financial statements

MCJOSEPH & SONS (DP) LTD.

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 September 2024
and signed on behalf of the board by:

Name: Mr Soosaipillai Ravi
Status: Director

The notes form part of these financial statements

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery - 25% reducing balance Fittings fixtures and equipment - 25% reducing balance Motor vehicles - 25% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 53 54

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 49,110
At 30 April 2024 49,110
Net book value
At 30 April 2024 49,110
At 30 April 2023 49,110

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 792,223
Additions 9,300
At 30 April 2024 801,523
Depreciation
At 01 May 2023 555,629
Charge for year 18,304
At 30 April 2024 573,933
Net book value
At 30 April 2024 227,590
At 30 April 2023 236,594