Company Registration No. 09706960 (England and Wales)
M P James Limited
Unaudited accounts
for the year ended 31 July 2024
M P James Limited
Unaudited accounts
Contents
M P James Limited
Company Information
for the year ended 31 July 2024
Company Number
09706960 (England and Wales)
Registered Office
46 Headlands
Fenstanton
Cambs
PE28 9LW
United Kingdom
Accountants
Richard Kenny Ltd
7 Salon Way
Huntingdon
Cambs
PE29 6UG
M P James Limited
Statement of financial position
as at 31 July 2024
Tangible assets
20,271
20,393
Cash at bank and in hand
1,916
11,459
Creditors: amounts falling due within one year
(8,320)
(13,013)
Net current liabilities
(3,412)
(1,232)
Total assets less current liabilities
16,859
19,161
Creditors: amounts falling due after more than one year
(12,333)
(14,667)
Called up share capital
100
100
Profit and loss account
4,426
4,394
Shareholders' funds
4,526
4,494
For the year ending 31 July 2024 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 October 2024 and were signed on its behalf by
Martin James
Director
Company Registration No. 09706960
M P James Limited
Notes to the Accounts
for the year ended 31 July 2024
M P James Limited is a private company, limited by shares, registered in England and Wales, registration number 09706960. The registered office is 46 Headlands, Fenstanton, Cambs, PE28 9LW, United Kingdom.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
0% Straight Line
Computer equipment
20% Staight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
8,522
20,107
2,087
30,716
At 31 July 2024
8,620
20,107
2,087
30,814
At 1 August 2023
8,053
201
2,069
10,323
Charge for the year
202
-
18
220
At 31 July 2024
8,255
201
2,087
10,543
At 31 July 2024
365
19,906
-
20,271
At 31 July 2023
469
19,906
18
20,393
M P James Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Accrued income and prepayments
14
209
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,106
2,630
Taxes and social security
6,475
7,433
Loans from directors
-
201
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).