1 March 2024 false No description of principal activity Taxfiler 2024.6 07956589 business:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07956589 2024-02-29 07956589 2024-03-01 2025-02-28 07956589 business:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 07956589 business:FilletedAccounts 2024-03-01 2025-02-28 07956589 2025-02-28 07956589 business:Director1 2024-03-01 2025-02-28 07956589 business:RegisteredOffice 2024-03-01 2025-02-28 07956589 2024-02-29 07956589 core:WithinOneYear 2025-02-28 07956589 core:WithinOneYear 2024-02-29 07956589 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 07956589 core:ShareCapital core:PreviouslyStatedAmount 2024-02-29 07956589 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 07956589 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-29 07956589 core:PreviouslyStatedAmount 2025-02-28 07956589 core:PreviouslyStatedAmount 2024-02-29 07956589 business:SmallEntities 2024-03-01 2025-02-28 07956589 countries:EnglandWales 2024-03-01 2025-02-28 07956589 core:MotorVehicles 2024-03-01 2025-02-28 07956589 core:FurnitureFittings 2024-03-01 2025-02-28 07956589 core:ComputerEquipment 2024-03-01 2025-02-28 07956589 core:MotorVehicles 2024-02-29 07956589 core:FurnitureFittings 2024-02-29 07956589 core:ComputerEquipment 2024-02-29 07956589 core:MotorVehicles 2025-02-28 07956589 core:FurnitureFittings 2025-02-28 07956589 core:ComputerEquipment 2025-02-28 07956589 core:RevaluationsIncreaseDecreaseInInvestments 2025-02-28 07956589 core:AfterOneYear 2025-02-28 07956589 core:AfterOneYear 2024-02-29 07956589 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 07956589 (England and Wales)
MSJ Insurance Consulting Ltd Unaudited accounts for the year ended 28 February 2025
MSJ Insurance Consulting Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MSJ Insurance Consulting Ltd Company Information for the year ended 28 February 2025
Director
Mark Johnson
Company Number
07956589 (England and Wales)
Registered Office
Suite A 82 James Carter Road Mildenhall Bury St. Edmunds Suffolk IP28 7DE United Kingdom
- 3 -
MSJ Insurance Consulting Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
27,818
37,091
Investments
5
261,330
269,071
289,148
306,162
Current assets
Debtors
6
44,840
64,689
Cash at bank and in hand
24,545
52,347
69,385
117,036
Creditors: amounts falling due within one year
7
(47,194)
(119,349)
Net current assets/(liabilities)
22,191
(2,313)
Net assets
311,339
303,849
Capital and reserves
Called up share capital
10
10
Profit and loss account
311,329
303,839
Shareholders' funds
311,339
303,849
For the year ending 28 February 2025 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 October 2025 and were signed on its behalf by
Mark Johnson Director Company Registration No. 07956589
- 4 -
MSJ Insurance Consulting Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
MSJ Insurance Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 07956589. The registered office is Suite A, 82 James Carter Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 7DE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
57,490
6,602
6,096
70,188
At 28 February 2025
57,490
6,602
6,096
70,188
Depreciation
At 1 March 2024
25,152
5,393
2,552
33,097
Charge for the year
8,085
302
886
9,273
At 28 February 2025
33,237
5,695
3,438
42,370
Net book value
At 28 February 2025
24,253
907
2,658
27,818
At 29 February 2024
32,338
1,209
3,544
37,091
- 5 -
MSJ Insurance Consulting Ltd Notes to the Accounts for the year ended 28 February 2025
5
Investments
Other investments
£
Valuation at 1 March 2024
269,071
Fair value adjustments
(7,741)
Valuation at 28 February 2025
261,330
6
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
44,840
64,689
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
2,513
6,248
Taxes and social security
10,709
20,672
Loans from directors
33,187
91,779
Accruals
785
650
47,194
119,349
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -