MJR Equine Supplies Ltd. SC354048 retailing equine supplies false 1 September 2023 SC354048 2023-09-01 2024-08-31 SC354048 2023-08-31 SC354048 2024-08-31 SC354048 2022-09-01 2023-08-31 SC354048 2022-08-31 SC354048 2023-08-31 SC354048 frs102-bus:FRS102 2023-09-01 2024-08-31 SC354048 frs102-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC354048 frs102-bus:FullAccounts 2023-09-01 2024-08-31 SC354048 frs102-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 SC354048 frs102-core:CurrentFinancialInstruments 2024-08-31 SC354048 frs102-core:CurrentFinancialInstruments 2023-08-31 SC354048 frs102-core:ShareCapital 2024-08-31 SC354048 frs102-core:ShareCapital 2023-08-31 SC354048 frs102-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC354048 frs102-core:RetainedEarningsAccumulatedLosses 2023-08-31 SC354048 frs102-bus:Director1 2023-09-01 2024-08-31 SC354048 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-09-01 2024-08-31 SC354048 frs102-core:OfficeEquipment 2023-09-01 2024-08-31 SC354048 frs102-core:Vehicles 2023-09-01 2024-08-31 SC354048 frs102-core:PlantMachinery 2023-09-01 2024-08-31 SC354048 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-08-31 SC354048 frs102-core:OfficeEquipment 2023-08-31 SC354048 frs102-core:Vehicles 2023-08-31 SC354048 frs102-core:PlantMachinery 2023-08-31 SC354048 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2024-08-31 SC354048 frs102-core:OfficeEquipment 2024-08-31 SC354048 frs102-core:Vehicles 2024-08-31 SC354048 frs102-core:PlantMachinery 2024-08-31 SC354048 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-08-31 SC354048 frs102-core:OfficeEquipment 2023-08-31 SC354048 frs102-core:Vehicles 2023-08-31 SC354048 frs102-core:PlantMachinery 2023-08-31 SC354048 frs102-bus:OrdinaryShareClass1 2024-08-31 SC354048 frs102-bus:OrdinaryShareClass1 2023-08-31 SC354048 frs102-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
SC354048
MJR Equine Supplies Ltd.
Unaudited Accounts
for the year ended
31 August 2024
MJR Equine Supplies Ltd.
Balance Sheet
as at 31 August 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 11,125 14,725
11,125 14,725
Current assets
Stocks 37,791 50,309
Cash at bank and in hand 2,197 653
39,988 50,962
Creditors: amounts falling due within one year 4 (73,806) (77,605)
Net current assets / (liabilities) (33,818) (26,643)
Total assets less current liabilities (22,693) (11,918)
Provisions for liabilities (4,282) (5,422)
Total net assets (liabilities) (26,975) (17,340)
Capital and reserves
Called up share capital 5 2 2
Profit and loss account (26,977) (17,342)
Shareholders' funds (26,975) (17,340)

MJR Equine Supplies Ltd.
Balance Sheet
as at 31 August 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 August 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.

Signed on behalf of the board of directors

...............................

Mrs K Rooney

Director


Approved by the board on 19 December 2024

Company Number: SC354048 (a Private Company Limited by Shares registered in Scotland)

Registered Office:

Unit 4 Old Mill Park
Kirkintilloch
Glasgow
G66 1SS

MJR Equine Supplies Ltd.
Notes to the Accounts
for the year ended 31 August 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures, fittings, tools & equipment 25% Reducing Balance
Office equipment 25% Reducing Balance
Vehicles 25% Reducing Balance
Plant & machinery 25% Reducing Balance
2. Employees
2024 2023
Average number of employees during the period 2 2

3. Tangible fixed assets
Fixtures, fittings, tools & equipment Office equipment Vehicles Plant & machinery Total
Cost or valuation £ £ £ £ £
At 1 September 2023 12,483 1,189 18,450 20,484 52,606
Additions 105 0 0 0 105
At 31 August 2024 12,588 1,189 18,450 20,484 52,711
Depreciation
At 1 September 2023 11,518 1,161 8,073 17,129 37,881
Charge for the period 266 7 2,594 838 3,705
At 31 August 2024 11,784 1,168 10,667 17,967 41,586
Net book value
At 31 August 2024 804 21 7,783 2,517 11,125
At 31 August 2023 965 28 10,377 3,355 14,725

4. Creditors: amounts falling due within one year
2024 2023
£ £
Bank Loans & Overdrafts 2,168 4,149
Trade creditors 18,857 20,745
Taxation & social security 333 964
Other creditors 52,448 51,747
73,806 77,605

5. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
2 (2023: 2) Ordinary shares of £1.00 each 2 2
2 2

6. Related party disclosures

During the period of accounts a transaction occurred between this company and a related party, Mr J Rooney. The relationship between the parties is Director. At the balance sheet date the company owed the related party £26,147 (2023 - £25,734).

During the period of accounts a transaction occurred between this company and a related party, Mr K Rooney. The relationship between the parties is Director. At the balance sheet date the company owed the related party £26,147 (2023 - £25,734).


Controlling party
Mr J Rooney and Mrs K Rooney are the ultimate controlling party.