MU SERVICES LIMITED

Company Registration Number:
11044539 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

MU SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MU SERVICES LIMITED

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal activities of the company

The principal activity of the company is the provision of long term staffing services exclusively to Middlesex University.

Political and charitable donations

During the year the company made a gift aid payment of £251,158 (2023: £113,412) to Middlesex University representing the profits chargeable to corporation tax for the year ended 31 July 2023. The company intends to make a £430,382 gift aid payment to Middlesex University within nine months of the year end representing the profits chargeable to corporation tax for the year ended 31 July 2024.



Directors

The directors shown below have held office during the whole of the period from
1 August 2023 to 31 July 2024

Andrew Corti
John McGuinness
Janet Jones
James Smith


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 March 2025

And signed on behalf of the board by:
Name: Janet Jones
Status: Director

MU SERVICES LIMITED

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 8,663,233 5,660,019
Cost of sales: ( 7,911,578 ) ( 5,125,010 )
Gross profit(or loss): 751,655 535,009
Administrative expenses: ( 337,127 ) ( 263,829 )
Operating profit(or loss): 414,528 271,180
Interest receivable and similar income: 15,854 3,004
Profit(or loss) before tax: 430,382 274,184
Tax: ( 4,375 )
Profit(or loss) for the financial year: 430,382 269,809

MU SERVICES LIMITED

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 109,583 56,291
Cash at bank and in hand: 550,534 372,623
Total current assets: 660,117 428,914
Creditors: amounts falling due within one year: 4 ( 211,083 ) ( 159,104 )
Net current assets (liabilities): 449,034 269,810
Total assets less current liabilities: 449,034 269,810
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 449,034 269,810
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 449,033 269,809
Total Shareholders' funds: 449,034 269,810

The notes form part of these financial statements

MU SERVICES LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 March 2025
and signed on behalf of the board by:

Name: Janet Jones
Status: Director

The notes form part of these financial statements

MU SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Revenue Recognition, Taxation, Foreign Currency, Financial Assets, Financial Liabilities.

MU SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 152 106

MU SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Debtors

2024 2023
£ £
Prepayments and accrued income 5,291 6,661
Other debtors 104,292 49,630
Total 109,583 56,291

MU SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 198,892 151,553
Accruals and deferred income 11,433 7,273
Other creditors 758 278
Total 211,083 159,104