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REGISTERED NUMBER: 07042405 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

MDJ Manufacturing Limited

MDJ Manufacturing Limited (Registered number: 07042405)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MDJ Manufacturing Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: D A Trow
Mrs C L Trow
D T Dean





REGISTERED OFFICE: The Mills
Canal Street
Derby
DE1 2RJ





REGISTERED NUMBER: 07042405 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

MDJ Manufacturing Limited (Registered number: 07042405)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,650,628 1,364,896
1,650,628 1,364,896

CURRENT ASSETS
Stocks 243,788 287,032
Debtors 6 554,795 823,555
Cash at bank and in hand 988,142 754,110
1,786,725 1,864,697
CREDITORS
Amounts falling due within one year 7 404,195 432,329
NET CURRENT ASSETS 1,382,530 1,432,368
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,033,158

2,797,264

CREDITORS
Amounts falling due after more than one
year

8

(460,178

)

(425,972

)

PROVISIONS FOR LIABILITIES (412,657 ) (307,506 )
NET ASSETS 2,160,323 2,063,786

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,160,223 2,063,686
2,160,323 2,063,786

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

MDJ Manufacturing Limited (Registered number: 07042405)

Balance Sheet - continued
31 January 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2025 and were signed on its behalf by:





D A Trow - Director


MDJ Manufacturing Limited (Registered number: 07042405)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

MDJ Manufacturing 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.

Turnover represents the net invoiced value of goods and services, excluding value added tax and is recognised in the period which the goods and services were provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011 has been fully amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - 15% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost represents purchase invoice value on a first in first out basis.

Work in progress includes the invoiced cost of materials on a first in first out basis and the cost of direct labour.

Net realisable value is based on estimated selling price less further costs expected to be incurred in completion.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MDJ Manufacturing Limited (Registered number: 07042405)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2024 - 30 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 10,000
AMORTISATION
At 1 February 2024
and 31 January 2025 10,000
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 February 2024 14,491 1,757,500 58,902 134,861 1,965,754
Additions - 552,067 6,380 - 558,447
At 31 January 2025 14,491 2,309,567 65,282 134,861 2,524,201
DEPRECIATION
At 1 February 2024 12,661 483,753 30,966 73,478 600,858
Charge for year 274 252,234 4,861 15,346 272,715
At 31 January 2025 12,935 735,987 35,827 88,824 873,573
NET BOOK VALUE
At 31 January 2025 1,556 1,573,580 29,455 46,037 1,650,628
At 31 January 2024 1,830 1,273,747 27,936 61,383 1,364,896

The net book value of tangible fixed assets includes £ 768,526 (2024 - £ 879,652 ) in respect of assets held under hire purchase contracts.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 376,217 639,832
Other debtors 4,000 4,000
Directors' current accounts 172,601 132,501
Prepayments 1,977 47,222
554,795 823,555

MDJ Manufacturing Limited (Registered number: 07042405)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 9) 154,224 132,000
Trade creditors 159,099 207,718
Tax 27,615 -
Social security and other taxes 57,798 81,389
Other creditors - 4,931
Accrued expenses 5,459 6,291
404,195 432,329

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts (see note 9) 460,178 425,972

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£    £   
Net obligations repayable:
Within one year 154,224 132,000
Between one and five years 460,178 425,972
614,402 557,972

Non-cancellable operating leases
2025 2024
£    £   
Within one year 148,800 132,000
Between one and five years 347,200 44,000
496,000 176,000

10. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 614,402 557,972

Assets held under hire purchase contracts are secured against the assets to which they relate to.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors maintain a loan account with the company. At the balance sheet date, the amount owing from the directors is shown in the debtors note. The amount is interest free and repayable upon demand.