IRIS Accounts Production v24.3.0.553 04129453 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041294532023-03-31041294532024-03-31041294532023-04-012024-03-31041294532022-03-31041294532022-04-012023-03-31041294532023-03-3104129453ns15:EnglandWales2023-04-012024-03-3104129453ns14:PoundSterling2023-04-012024-03-3104129453ns10:Director12023-04-012024-03-3104129453ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104129453ns10:SmallEntities2023-04-012024-03-3104129453ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3104129453ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104129453ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104129453ns10:FullAccounts2023-04-012024-03-3104129453ns10:CompanySecretary12023-04-012024-03-3104129453ns10:RegisteredOffice2023-04-012024-03-3104129453ns5:CurrentFinancialInstruments2024-03-3104129453ns5:CurrentFinancialInstruments2023-03-3104129453ns5:Non-currentFinancialInstruments2024-03-3104129453ns5:Non-currentFinancialInstruments2023-03-3104129453ns5:ShareCapital2024-03-3104129453ns5:ShareCapital2023-03-3104129453ns5:RetainedEarningsAccumulatedLosses2024-03-3104129453ns5:RetainedEarningsAccumulatedLosses2023-03-3104129453ns5:PlantMachinery2023-04-012024-03-3104129453ns5:MotorVehicles2023-04-012024-03-3104129453ns5:ComputerEquipment2023-04-012024-03-3104129453ns5:LandBuildings2023-03-3104129453ns5:PlantMachinery2023-03-3104129453ns5:MotorVehicles2023-03-3104129453ns5:ComputerEquipment2023-03-3104129453ns5:LandBuildings2023-04-012024-03-3104129453ns5:LandBuildings2024-03-3104129453ns5:PlantMachinery2024-03-3104129453ns5:MotorVehicles2024-03-3104129453ns5:ComputerEquipment2024-03-3104129453ns5:LandBuildings2023-03-3104129453ns5:PlantMachinery2023-03-3104129453ns5:MotorVehicles2023-03-3104129453ns5:ComputerEquipment2023-03-3104129453ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104129453ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 04129453 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

M & R JOINERY SERVICES LIMITED

M & R JOINERY SERVICES LIMITED (REGISTERED NUMBER: 04129453)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


M & R JOINERY SERVICES LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr P Levenson





SECRETARY: Mr N Levenson





REGISTERED OFFICE: Butterworth Barlow House
10 Derby Street
Prescot
L34 3LG





REGISTERED NUMBER: 04129453 (England and Wales)





ACCOUNTANTS: Butterworth Barlow
Chartered Accountants
Butterworth Barlow House
10 Derby Street
Prescot
Liverpool
Merseyside
L34 3LG

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
M & R Joinery Services Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M & R Joinery Services Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of M & R Joinery Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M & R Joinery Services Limited and state those matters that we have agreed to state to the director of M & R Joinery Services Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M & R Joinery Services Limited and its director for our work or for this report.

It is your duty to ensure that M & R Joinery Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of M & R Joinery Services Limited. You consider that M & R Joinery Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M & R Joinery Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Butterworth Barlow
Butterworth Barlow House
10 Derby Street
Prescot
Merseyside
L34 3LG


20 January 2025

M & R JOINERY SERVICES LIMITED (REGISTERED NUMBER: 04129453)

Balance Sheet
31 March 2024

31.3.24 31.3.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 542,456 568,053

CURRENT ASSETS
Stocks 13,490 24,892
Debtors 5 36,163 78,153
Cash at bank 1,894 15,395
51,547 118,440
CREDITORS
Amounts falling due within one year 6 322,585 329,929
NET CURRENT LIABILITIES (271,038 ) (211,489 )
TOTAL ASSETS LESS CURRENT LIABILITIES 271,418 356,564

CREDITORS
Amounts falling due after more than one
year

7

(160,059

)

(179,944

)

PROVISIONS FOR LIABILITIES (36,918 ) (21,659 )
NET ASSETS 74,441 154,961

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 74,433 154,953
74,441 154,961

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

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

M & R JOINERY SERVICES LIMITED (REGISTERED NUMBER: 04129453)

Balance Sheet - continued
31 March 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 20 January 2025 and were signed by:





Mr P Levenson - Director


M & R JOINERY SERVICES LIMITED (REGISTERED NUMBER: 04129453)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

M & R Joinery 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 - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

M & R JOINERY SERVICES LIMITED (REGISTERED NUMBER: 04129453)

Notes to the Financial Statements - continued
for the Year Ended 31 March 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 13 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 394,783 400,996 45,067 3,494 844,340
Additions - 5,916 - - 5,916
At 31 March 2024 394,783 406,912 45,067 3,494 850,256
DEPRECIATION
At 1 April 2023 - 251,072 22,110 3,105 276,287
Charge for year - 25,580 5,739 194 31,513
At 31 March 2024 - 276,652 27,849 3,299 307,800
NET BOOK VALUE
At 31 March 2024 394,783 130,260 17,218 195 542,456
At 31 March 2023 394,783 149,924 22,957 389 568,053

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
as restated
£    £   
Trade debtors 22,024 34,271
Other debtors 14,139 43,882
36,163 78,153

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
as restated
£    £   
Bank loans and overdrafts 6,970 6,577
Trade creditors 39,834 38,831
Taxation and social security 86,176 42,555
Other creditors 189,605 241,966
322,585 329,929

M & R JOINERY SERVICES LIMITED (REGISTERED NUMBER: 04129453)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
as restated
£    £   
Bank loans 160,059 179,944

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 121,998 135,889