| Registered number: 06973071 | ||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||
| Prepared By: | ||||||||
| Hope Jones | ||||||||
| Chartered Accountants | ||||||||
| Dunlop House | ||||||||
| 23a Spencer Road | ||||||||
| New Milton | ||||||||
| Hampshire | ||||||||
| BH25 6BZ | ||||||||
| M J T PAINTING LIMITED | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Hampshire | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 06973071 | ||||||||
| BANKERS | ||||||||
| HSBC PLC | ||||||||
| ACCOUNTANTS | ||||||||
| Hope Jones | ||||||||
| Chartered Accountants | ||||||||
| Dunlop House | ||||||||
| 23a Spencer Road | ||||||||
| New Milton | ||||||||
| Hampshire | ||||||||
| BH25 6BZ | ||||||||
| M J T PAINTING LIMITED | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 OCTOBER 2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| M J T PAINTING LIMITED | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 10,205 | 8,999 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 106 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 371 | 262 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| M J T PAINTING LIMITED | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Equipment | reducing balance 20% | |||||||
| Motor Cars | reducing balance 25% | |||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 1 | |||||
| 3. TANGIBLE FIXED ASSETS | ||||||
| Equipment | Motor Cars | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 1 November 2023 | 400 | 1,495 | 1,895 | |||
| At 31 October 2024 | 400 | 1,495 | 1,895 | |||
| Depreciation | ||||||
| At 1 November 2023 | 366 | 1,346 | 1,712 | |||
| For the year | 7 | 37 | 44 | |||
| At 31 October 2024 | 373 | 1,383 | 1,756 | |||
| Net Book Amounts | ||||||
| At 31 October 2024 | 139 | |||||
| At 31 October 2023 | 183 | |||||
| M J T PAINTING LIMITED | ||||||||
| 4. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Other debtors | 2,413 | - | ||||||
| Directors current account | 7,150 | 8,999 | ||||||
| 9,563 | 8,999 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| UK corporation tax | 5,268 | 4,579 | ||||||
| Bank loans and overdrafts | - | 198 | ||||||
| Other creditors | 4,704 | 4,116 | ||||||
| 9,972 | 8,893 | |||||||
| 6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Deferred taxation | - | 26 | ||||||
| - | 26 | |||||||
| 7. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 1 | 1 | |||||||
| 1 | 1 | |||||||
| 8. CONTROLLING PARTY | ||||||||
| During the year the company was under the control of the Director who owns all of the share capital. | ||||||||