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REGISTERED NUMBER: 08154302 (England and Wales)















MJN GARDENING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






MJN GARDENING LIMITED (REGISTERED NUMBER: 08154302)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MJN GARDENING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: M J Newbury





REGISTERED OFFICE: 8 Millfield
Ashford
Kent
TN23 4GW





REGISTERED NUMBER: 08154302 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

MJN GARDENING LIMITED (REGISTERED NUMBER: 08154302)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 23,652 20,969

CURRENT ASSETS
Debtors 5 31,219 31,275
Cash at bank 16,732 7,475
47,951 38,750
CREDITORS
Amounts falling due within one year 6 (39,713 ) (41,456 )
NET CURRENT ASSETS/(LIABILITIES) 8,238 (2,706 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,890

18,263

CREDITORS
Amounts falling due after more than one year 7 (8,265 ) (9,202 )

PROVISIONS FOR LIABILITIES (4,494 ) (3,984 )
NET ASSETS 19,131 5,077

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 19,130 5,076
SHAREHOLDERS' FUNDS 19,131 5,077

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

MJN GARDENING LIMITED (REGISTERED NUMBER: 08154302)

BALANCE SHEET - continued
31 JULY 2024


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 9 January 2025 and were signed by:





M J Newbury - Director


MJN GARDENING LIMITED (REGISTERED NUMBER: 08154302)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

MJN Gardening 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 - 25% on cost
Fixture & Fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - Straight line over 3 years

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

MJN GARDENING LIMITED (REGISTERED NUMBER: 08154302)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Fixture & Motor Computer
machinery Fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 29,683 3,197 31,644 - 64,524
Additions 4,358 - 11,412 395 16,165
At 31 July 2024 34,041 3,197 43,056 395 80,689
DEPRECIATION
At 1 August 2023 21,416 1,834 20,305 - 43,555
Charge for year 6,289 640 6,421 132 13,482
At 31 July 2024 27,705 2,474 26,726 132 57,037
NET BOOK VALUE
At 31 July 2024 6,336 723 16,330 263 23,652
At 31 July 2023 8,267 1,363 11,339 - 20,969

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 30,678 30,735
Sundry debtors 541 540
31,219 31,275

MJN GARDENING LIMITED (REGISTERED NUMBER: 08154302)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,065 4,837
Other loans 2,400 2,400
Corporation Tax 8,338 7,466
Social security and other taxes 1,210 852
VAT 11,216 9,856
Sundry creditors 9,450 7,397
Directors' current accounts 34 6,648
Accrued expenses 2,000 2,000
39,713 41,456

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,065 3,602
Other loans - 1-2 years 2,400 2,400
Other loans - 2-5 years 800 3,200
8,265 9,202

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
1 Share capital 1 1 1 1
(2023 - NIL)

1 Ordinary share of 1 was issued during the year for cash of £ 1 .

9. RESERVES
Retained
earnings
£   

At 1 August 2023 5,076
Profit for the year 36,554
Dividends (22,500 )
At 31 July 2024 19,130