IRIS Accounts Production v24.3.0.553 14479997 director 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh144799972023-11-30144799972024-11-30144799972023-12-012024-11-30144799972022-11-10144799972022-11-112023-11-30144799972023-11-3014479997ns15:EnglandWales2023-12-012024-11-3014479997ns14:PoundSterling2023-12-012024-11-3014479997ns10:Director12023-12-012024-11-3014479997ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3014479997ns10:SmallEntities2023-12-012024-11-3014479997ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3014479997ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3014479997ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3014479997ns10:FullAccounts2023-12-012024-11-3014479997ns10:RegisteredOffice2023-12-012024-11-3014479997ns5:CurrentFinancialInstruments2024-11-3014479997ns5:CurrentFinancialInstruments2023-11-3014479997ns5:ShareCapital2024-11-3014479997ns5:ShareCapital2023-11-3014479997ns5:RetainedEarningsAccumulatedLosses2024-11-3014479997ns5:RetainedEarningsAccumulatedLosses2023-11-3014479997ns5:PlantMachinery2023-12-012024-11-3014479997ns5:PlantMachinery2023-11-3014479997ns5:PlantMachinery2024-11-3014479997ns5:PlantMachinery2023-11-3014479997ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3014479997ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-30
REGISTERED NUMBER: 14479997 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

MJC Industrial Limited

MJC Industrial Limited (Registered number: 14479997)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MJC Industrial Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: Mr M Collitor





REGISTERED OFFICE: 3B Lockheed Court
Stockton on Tees
TS18 3SH





REGISTERED NUMBER: 14479997 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

MJC Industrial Limited (Registered number: 14479997)

Balance Sheet
30 November 2024

30/11/24 30/11/23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,309 1,019

CURRENT ASSETS
Debtors 5 20,687 20,374
Cash at bank 4,092 19,868
24,779 40,242
CREDITORS
Amounts falling due within one year 6 15,247 14,157
NET CURRENT ASSETS 9,532 26,085
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,841

27,104

PROVISIONS FOR LIABILITIES 249 194
NET ASSETS 10,592 26,910

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 10,582 26,900
10,592 26,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 March 2025 and were signed by:




Mr M Collitor - Director


MJC Industrial Limited (Registered number: 14479997)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

MJC Industrial 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 etc - 25% on cost and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MJC Industrial Limited (Registered number: 14479997)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 December 2023 1,274
Additions 659
At 30 November 2024 1,933
DEPRECIATION
At 1 December 2023 255
Charge for year 369
At 30 November 2024 624
NET BOOK VALUE
At 30 November 2024 1,309
At 30 November 2023 1,019

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£ £
Trade debtors - 960
Other debtors 20,687 19,414
20,687 20,374

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£ £
Trade creditors 106 875
Taxation and social security 9,333 9,519
Other creditors 5,808 3,763
15,247 14,157