Joseph McManniman Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05666757

Joseph McManniman Limited

Filleted Unaudited Financial Statements

For the year ended

31 January 2025

Joseph McManniman Limited

Statement of Financial Position

31 January 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		7,068		9,789

Current assets

Debtors	6	122,497	109,532
Cash at bank and in hand		199,983	207,743
		---------	---------
		322,480	317,275

Creditors: amounts falling due within one year	7	92,185		62,171
		---------		---------
Net current assets			230,295		255,104
			---------		---------
Total assets less current liabilities			237,363		264,893

Provisions

Taxation including deferred tax	1,265	752
	---------	---------
Net assets	236,098	264,141
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	235,998	264,041
	---------	---------
Shareholders funds	236,098	264,141
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Joseph McManniman Limited

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 13 October 2025 , and are signed on behalf of the board by:

Mr G Timms
Director

Company registration number: 05666757

Joseph McManniman Limited

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is South Stable 2 Francis Court, High Ditch Road, Fen Ditton, Cambridge, CB5 8TE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents work done during the year, exclusive of Value Added Tax. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% reducing balance
Equipment	-	25% straight line

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 February 2024	63,853	27,076	90,929
Additions	–	426	426
	--------	--------	--------
At 31 January 2025	63,853	27,502	91,355
	--------	--------	--------
Depreciation
At 1 February 2024	57,497	23,643	81,140
Charge for the year	1,587	1,560	3,147
	--------	--------	--------
At 31 January 2025	59,084	25,203	84,287
	--------	--------	--------
Carrying amount
At 31 January 2025	4,769	2,299	7,068
	--------	--------	--------
At 31 January 2024	6,356	3,433	9,789
	--------	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	105,239	71,670
Other debtors	17,258	37,862
	---------	---------
	122,497	109,532
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	53,870	23,684
Social security and other taxes	26,302	26,300
Other creditors	12,013	12,187
	--------	--------
	92,185	62,171
	--------	--------