MJA (London) Limited Filleted Accounts Cover
MJA (London) Limited
Company No. 07509616
Information for Filing with The Registrar
31 October 2024
MJA (London) Limited Directors Report Registrar
The Director presents his report and the accounts for the year ended 31 October 2024.
Principal activities
The principal activity of the company during the year under review was temporary employment agency activities.
Director
The Director who served at any time during the year was as follows:
A. Wynbourne
Statement of directors' responsibilities
The Director is responsible for preparing the Director's report and the accounts in accordance with applicable law and regulations.

Company law requires the director to prepare accounts for each financial year. Under that law the director has elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the accounts unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgments and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
A. Wynbourne
Director
06 February 2025
MJA (London) Limited Balance Sheet Registrar
at
31 October 2024
Company No.
07509616
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
5,8157,436
5,8157,436
Current assets
Debtors
5
919,621719,290
Cash at bank and in hand
843,826421,127
1,763,4471,140,417
Creditors: Amount falling due within one year
6
(1,287,562)
(1,146,633)
Net current assets/(liabilities)
475,885
(6,216)
Total assets less current liabilities
481,7001,220
Net assets
481,7001,220
Capital and reserves
Called up share capital
1,0001,000
Profit and loss account
8
480,700220
Total equity
481,7001,220
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 October 2024 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 06 February 2025 and signed on its behalf by:
A. Wynbourne
Director
06 February 2025
MJA (London) Limited Notes to the Accounts Registrar
for the year ended 31 October 2024
1
General information
MJA (London) Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 07509616
Its registered office is:
201 Haverstock Hill
Second Floor
London
NW3 4QG
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Revenue for provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured using a percentage of completion method.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
25% straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
Leased assets
Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
64
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 November 2023
15,18715,187
Additions
1,9001,900
At 31 October 2024
17,08717,087
Depreciation
At 1 November 2023
7,7517,751
Charge for the year
3,5213,521
At 31 October 2024
11,27211,272
Net book values
At 31 October 2024
5,8155,815
At 31 October 2023
7,436
7,436
5
Debtors
2024
2023
£
£
Trade debtors
917,628701,459
Other debtors
1,99317,831
919,621719,290
6
Creditors:
amounts falling due within one year
2024
2023
£
£
Trade creditors
241,46293,155
Taxes and social security
374,297
233,107
Loans from directors
667,912816,572
Other creditors
391299
Accruals and deferred income
3,5003,500
1,287,5621,146,633
7
Share Capital
Ordinary
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
9
Guarantees and commitments
2024
2023
£
£
Total of guarantees and commitments
19,47628,826
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