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REGISTERED NUMBER: 05745553 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

MS Joinery & Cabinet Makers Limited

MS Joinery & Cabinet Makers Limited (Registered number: 05745553)






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

Report of the Accountants 7

MS Joinery & Cabinet Makers Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: S Pinch
M Staines
A S Fluker





SECRETARY: S Pinch





REGISTERED OFFICE: 2 High Street
Burnham on Crouch
Essex
CM0 8AA





REGISTERED NUMBER: 05745553 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
2 High Street
Burnham on Crouch
Essex
CM0 8AA

MS Joinery & Cabinet Makers Limited (Registered number: 05745553)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5 5

CURRENT ASSETS
Debtors 5 23,243 3,584
Cash at bank 76,283 91,323
99,526 94,907
CREDITORS
Amounts falling due within one year 6 62,977 46,110
NET CURRENT ASSETS 36,549 48,797
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,554

48,802

CREDITORS
Amounts falling due after more than one
year

7

11,882

20,882
NET ASSETS 24,672 27,920

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 24,670 27,918
SHAREHOLDERS' FUNDS 24,672 27,920

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 directors acknowledge their 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.

MS Joinery & Cabinet Makers Limited (Registered number: 05745553)

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





S Pinch - Director


MS Joinery & Cabinet Makers Limited (Registered number: 05745553)

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

1. STATUTORY INFORMATION

MS Joinery & Cabinet Makers 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 - 20% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

MS Joinery & Cabinet Makers Limited (Registered number: 05745553)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 40,068
DEPRECIATION
At 1 August 2023
and 31 July 2024 40,063
NET BOOK VALUE
At 31 July 2024 5
At 31 July 2023 5

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 23,243 3,410
Other debtors - 174
23,243 3,584

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 15,451 9,444
Trade creditors 9,592 3,239
Taxation and social security 15,655 28,362
Other creditors 22,279 5,065
62,977 46,110

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 7,500 16,500
Hire purchase contracts 4,382 4,382
11,882 20,882

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
2 ordinary £1 2 2

MS Joinery & Cabinet Makers Limited (Registered number: 05745553)

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

9. RESERVES
Retained
earnings
£   

At 1 August 2023 27,918
Profit for the year 36,752
Dividends (40,000 )
At 31 July 2024 24,670

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £40,000 (2023 - £26,000) were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

The company is under the common control of S Pinch & M Staines by virtue of their shareholdings and directorship.

MS Joinery & Cabinet Makers Limited

Report of the Accountants to the Directors of
MS Joinery & Cabinet Makers Limited

The following reproduces the text of the report prepared for the directors 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 Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Xeinadin South East Limited
2 High Street
Burnham on Crouch
Essex
CM0 8AA


25 April 2025