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Company Registration No. 10093753 (England and Wales)
MJ CARPET & FURNITURES LTD Unaudited accounts for the year ended 31 March 2025
MJ CARPET & FURNITURES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MJ CARPET & FURNITURES LTD Company Information for the year ended 31 March 2025
Director
Mohammad Jawad Malik Zada
Company Number
10093753 (England and Wales)
Accountants
SAMI & CO ACCOUNTANTS 48 BILTON ROAD PERIVALE MIDDLESEX UB6 7DH
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MJ CARPET & FURNITURES LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
347,976 
349,970 
Current assets
Inventories
89,211 
60,530 
Cash at bank and in hand
11,387 
26,789 
100,598 
87,319 
Creditors: amounts falling due within one year
5
(225,190)
(213,480)
Net current liabilities
(124,592)
(126,161)
Total assets less current liabilities
223,384 
223,809 
Creditors: amounts falling due after more than one year
6
(199,397)
(207,643)
Net assets
23,987 
16,166 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
22,987 
15,166 
Shareholders' funds
23,987 
16,166 
For the year ending 31 March 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 21 October 2025 and were signed on its behalf by
Mohammad Jawad Malik Zada Director Company Registration No. 10093753
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MJ CARPET & FURNITURES LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MJ CARPET & FURNITURES LTD is a private company, limited by shares, registered in England and Wales, registration number 10093753.
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
20% Reducing balance
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
340,000 
12,462 
352,462 
At 31 March 2025
340,000 
12,462 
352,462 
Depreciation
At 1 April 2024
- 
2,492 
2,492 
Charge for the year
- 
1,994 
1,994 
At 31 March 2025
- 
4,486 
4,486 
Net book value
At 31 March 2025
340,000 
7,976 
347,976 
At 31 March 2024
340,000 
9,970 
349,970 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
1,531 
2,409 
Trade creditors
22,341 
9,500 
Taxes and social security
8,908 
9,161 
Loans from directors
192,410 
192,410 
225,190 
213,480 
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MJ CARPET & FURNITURES LTD Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
199,397 
207,643 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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