Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03470515 2024-01-01 2024-12-31 03470515 2023-01-01 2023-12-31 03470515 2024-12-31 03470515 2023-12-31 03470515 c:Director1 2024-01-01 2024-12-31 03470515 d:MotorVehicles 2024-01-01 2024-12-31 03470515 d:MotorVehicles 2024-12-31 03470515 d:MotorVehicles 2023-12-31 03470515 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03470515 d:FurnitureFittings 2024-01-01 2024-12-31 03470515 d:FurnitureFittings 2024-12-31 03470515 d:FurnitureFittings 2023-12-31 03470515 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03470515 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03470515 d:CurrentFinancialInstruments 2024-12-31 03470515 d:CurrentFinancialInstruments 2023-12-31 03470515 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 03470515 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03470515 d:ShareCapital 2024-12-31 03470515 d:ShareCapital 2023-12-31 03470515 d:RetainedEarningsAccumulatedLosses 2024-12-31 03470515 d:RetainedEarningsAccumulatedLosses 2023-12-31 03470515 c:FRS102 2024-01-01 2024-12-31 03470515 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03470515 c:FullAccounts 2024-01-01 2024-12-31 03470515 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03470515 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 03470515









MJG PROPERTY MAINTENANCE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
MJG PROPERTY MAINTENANCE LIMITED
REGISTERED NUMBER: 03470515

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
21,865
8,699

  
21,865
8,699

Current assets
  

Debtors: amounts falling due within one year
 6 
275,090
343,779

Cash at bank and in hand
 7 
232,243
239,928

  
507,333
583,707

Creditors: amounts falling due within one year
 8 
(155,865)
(174,948)

Net current assets
  
 
 
351,468
 
 
408,759

Total assets less current liabilities
  
373,333
417,458

Provisions for liabilities
  

Deferred tax
  
(3,431)
(1,014)

  
 
 
(3,431)
 
 
(1,014)

Net assets
  
369,902
416,444


Capital and reserves
  

Called up share capital 
  
500
500

Profit and loss account
  
369,402
415,944

  
369,902
416,444


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
Page 1

 
MJG PROPERTY MAINTENANCE LIMITED
REGISTERED NUMBER: 03470515
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024





M Gay
Director

Date: 22 July 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MJG PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

MJG Property Maintenance Limited is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

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 payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
MJG PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Fixtures & fittings
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
MJG PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

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.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates. 


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
MJG PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Tangible fixed assets





Motor vehicles
Fixtures & fittings
Total

£
£
£



Cost or valuation


At 1 January 2024
67,597
1,815
69,412


Additions
18,750
-
18,750


Disposals
(26,727)
-
(26,727)



At 31 December 2024

59,620
1,815
61,435



Depreciation


At 1 January 2024
58,898
1,815
60,713


Charge for the year on owned assets
2,016
-
2,016


Disposals
(23,159)
-
(23,159)



At 31 December 2024

37,755
1,815
39,570



Net book value



At 31 December 2024
21,865
-
21,865



At 31 December 2023
8,699
-
8,699


6.


Debtors

2024
2023
£
£


Trade debtors
246,864
267,482

Other debtors
2,000
52,955

Prepayments and accrued income
9,659
6,878

Tax recoverable
16,567
16,464

275,090
343,779


Page 6

 
MJG PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
232,243
239,928

232,243
239,928



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
28,845
27,222

Corporation tax
2,497
25,999

Other taxation and social security
121,054
116,817

Other creditors
319
1,910

Accruals and deferred income
3,150
3,000

155,865
174,948



9.


Pension commitments

The Company contributes to a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £100,012 (2023: £62,064).


10.


Related party transactions

In others creditors there is a loan due to the director of £319 (2023 Debtor: £48,766). This is interest free and repayable on demand.
In trade creditors, an amount of £8,771 (2023: £12,316) was due to a company under common control. Purchases of £646 (2023: £8,364) and sales of £82,249 (2023: £8,364) were conducted on an arm's length basis.

 
Page 7