M N JENKS & CO LIMITED

Company Registration Number:
04489188 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

M N JENKS & CO LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

M N JENKS & CO LIMITED

Directors' report period ended 31 August 2024

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

Principal activities of the company

The principal activity of the Company in the year under review was that of chartered accountancy services.



Directors

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

M N Jenks
T Lane


Secretary C E Jenks

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
15 May 2025

And signed on behalf of the board by:
Name: T Lane
Status: Director

M N JENKS & CO LIMITED

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 4,763 6,012
Total fixed assets: 4,763 6,012
Current assets
Stocks: 4 65,777 59,800
Debtors: 5 41,775 49,234
Cash at bank and in hand: 655,279 657,266
Total current assets: 762,831 766,300
Creditors: amounts falling due within one year: 6 ( 60,381 ) ( 58,890 )
Net current assets (liabilities): 702,450 707,410
Total assets less current liabilities: 707,213 713,422
Provision for liabilities: ( 1,082 ) ( 1,460 )
Total net assets (liabilities): 706,131 711,962
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 706,031 711,862
Total Shareholders' funds: 706,131 711,962

The notes form part of these financial statements

M N JENKS & CO LIMITED

Balance sheet statements

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 15 May 2025
and signed on behalf of the board by:

Name: M N Jenks
Status: Director

The notes form part of these financial statements

M N JENKS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 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

    Turnover policy

    Turnover represents invoiced value of services rendered during the year, adjusted for the value of work -in-progress at the beginning and end of the year.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Office Equipment and Fixtures-25% on reducing balance

    Valuation information and policy

    Work in progress is valued on the basis of amounts recoverable in respect of the time spent on clients' affairs at the end of the year.

    Other accounting policies

    Taxation: Taxation represents the sum of tax currently payable and deferred tax. 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 tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current rates and laws. 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. Pension Costs: Contributions in respect of the company's defined contribution scheme are charged to the profit and loss account in the year in which they are payable to the scheme. Operating Leases : Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain within the lessor are charged against profit as incurred. Debtors and creditors receivable/payable within one year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price . Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

M N JENKS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 10

M N JENKS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 54,641 54,641
Additions 339 339
Disposals
Revaluations
Transfers
At 31 August 2024 54,980 54,980
Depreciation
At 1 September 2023 48,629 48,629
Charge for year 1,588 1,588
On disposals
Other adjustments
At 31 August 2024 50,217 50,217
Net book value
At 31 August 2024 4,763 4,763
At 31 August 2023 6,012 6,012

M N JENKS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Stocks

2024 2023
£ £
Stocks 65,777 59,800
Total 65,777 59,800

M N JENKS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

2024 2023
£ £
Trade debtors 36,924 44,945
Other debtors 4,851 4,289
Total 41,775 49,234

M N JENKS & CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 4,531 1,975
Taxation and social security 50,728 49,773
Other creditors 5,122 7,142
Total 60,381 58,890

There are no secured creditors.