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Company Registration No. 11387322 (England and Wales)
MJ Engineering & Surveying Ltd Unaudited accounts for the year ended 31 May 2024
MJ Engineering & Surveying Ltd Unaudited accounts Contents
Page
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MJ Engineering & Surveying Ltd Company Information for the year ended 31 May 2024
Directors
Mr. Stuart Bennett Mrs. Sarah Bennett
Secretary
Mrs. Sarah Bennett
Company Number
11387322 (England and Wales)
Registered Office
The Willows High Green Great Melton Norfolk NR9 3BQ England
Accountants
Together Accounting Limited 17-19 St Georges Street Norwich Norfolk NR3 1AB
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MJ Engineering & Surveying Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,027 
16,375 
Current assets
Debtors
118,103 
191,686 
Cash at bank and in hand
11,902 
24,836 
130,005 
216,522 
Creditors: amounts falling due within one year
(48,125)
(33,218)
Net current assets
81,880 
183,304 
Total assets less current liabilities
95,907 
199,679 
Creditors: amounts falling due after more than one year
(17,654)
(30,993)
Provisions for liabilities
Deferred tax
(2,665)
(5,418)
Net assets
75,588 
163,268 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
75,488 
163,168 
Shareholders' funds
75,588 
163,268 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by
Mr. Stuart Bennett Director Company Registration No. 11387322
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MJ Engineering & Surveying Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MJ Engineering & Surveying Ltd is a private company, limited by shares, registered in England and Wales, registration number 11387322. The registered office is The Willows, High Green, Great Melton, Norfolk, NR9 3BQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% - Reducing Balance Method
Motor vehicles
25% - Reducing Balance Method
Computer equipment
33% - Straight Line Method
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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MJ Engineering & Surveying Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
18,488 
25,990 
415 
44,893 
Additions
3,000 
- 
733 
3,733 
At 31 May 2024
21,488 
25,990 
1,148 
48,626 
Depreciation
At 1 June 2023
13,423 
15,026 
69 
28,518 
Charge for the year
1,641 
4,078 
362 
6,081 
At 31 May 2024
15,064 
19,104 
431 
34,599 
Net book value
At 31 May 2024
6,424 
6,886 
717 
14,027 
At 31 May 2023
5,065 
10,964 
346 
16,375 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
47,358 
29,080 
Accrued income and prepayments
508 
- 
Other debtors
70,237 
162,606 
118,103 
191,686 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,563 
12,991 
VAT
6,841 
2,619 
Trade creditors
10,899 
6,113 
Taxes and social security
16,822 
11,495 
48,125 
33,218 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,654 
30,993 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
The directors owed the company £ 71,921 as at the year end. Interest has been charged at a rate of 2.5%. This balance is reflected in other debtors in note 6.
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MJ Engineering & Surveying Ltd Notes to the Accounts for the year ended 31 May 2024
10
Controlling party
The Company is Controlled by the Directors who own 100% of the Called up Share Capital.
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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