Company registration number 11716835 (England and Wales)
MJB-IT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
MJB-IT LTD
COMPANY INFORMATION
Director
Mr M Barker
Company number
11716835
Registered office
Gautam House
1 - 3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
Accountants
Koshal Associates (Chartered Accountants)
1-3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
MJB-IT LTD
CONTENTS
Page
Balance sheet
2
Notes to the financial statements
3 - 4
MJB-IT LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MJB-IT LTD FOR THE YEAR ENDED 31 DECEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MJB-IT Ltd for the year ended 31 December 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

It is your duty to ensure that MJB-IT Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MJB-IT Ltd. You consider that MJB-IT Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MJB-IT Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Koshal Associates (Chartered Accountants)
16 June 2025
Gautam House
1-3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
MJB-IT LTD
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,531
4,708
Current assets
Debtors
4
15,944
13,009
Cash at bank and in hand
3,300
2,093
19,244
15,102
Creditors: amounts falling due within one year
5
(22,667)
(19,695)
Net current liabilities
(3,423)
(4,593)
Net assets
108
115
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
8
15
Total equity
108
115

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 16 June 2025
Mr M Barker
Director
MJB-IT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

MJB-IT Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Gautam House, 1 - 3 Shenley Avenue, Ruislip Manor, Middlesex, HA4 6BP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
25% on reducing balance
1.4
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
MJB-IT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 January 2024 and 31 December 2024
11,723
Depreciation and impairment
At 1 January 2024
7,015
Depreciation charged in the year
1,177
At 31 December 2024
8,192
Carrying amount
At 31 December 2024
3,531
At 31 December 2023
4,708
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
15,583
-
0
Other debtors
361
13,009
15,944
13,009
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
9,974
11,223
Corporation tax
9,377
6,347
Other taxation and social security
941
1,945
Other creditors
2,375
180
22,667
19,695
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