REGISTERED NUMBER: 04924332

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Mayjeanne Sourcing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Rogerson

Mrs S V Rogerson

SECRETARY:

Mrs S V Rogerson

REGISTERED OFFICE:

108 Chapeltown Rd

Bromley Cross

Bolton

BL7 9AW

REGISTERED NUMBER:

04924332

ACCOUNTANTS:

Jonathan Ford & Co Limited

Chartered Accountants

Maxwell House

Liverpool Innovation Park

Liverpool

Merseyside

L7 9NJ

FIXED ASSETS

Tangible assets

4

2,517

5,266

CURRENT ASSETS

Stocks

13,469

22,846

Debtors

5

91,449

300,871

Cash at bank

535,935

337,985

640,853

661,702

CREDITORS

Amounts falling due within one year

6

132,658

189,962

NET CURRENT ASSETS

508,195

471,740

TOTAL ASSETS LESS CURRENT LIABILITIES

510,712

477,006

PROVISIONS FOR LIABILITIES

627

1,313

NET ASSETS

510,085

475,693

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

510,075

475,683

SHAREHOLDERS' FUNDS

510,085

475,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by:

N Rogerson - Director

1.	STATUTORY INFORMATION

Mayjeanne Sourcing Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax after applying discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,007

15,373

52,790

7,830

77,000

Additions

-

398

-

1,123

1,521

At 31 March 2025

1,007

15,771

52,790

8,953

78,521

DEPRECIATION

At 1 April 2024

813

12,801

50,590

7,530

71,734

Charge for year

73

1,655

2,200

342

4,270

At 31 March 2025

886

14,456

52,790

7,872

76,004

NET BOOK VALUE

At 31 March 2025

121

1,315

-

1,081

2,517

At 31 March 2024

194

2,572

2,200

300

5,266

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

53,565

79,967

Other debtors

12,000

12,000

Directors' current accounts

19,385

202,405

Tax

6,499

6,499

91,449

300,871

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

52,687

52,606

Tax

55,458

127,358

Social security and other taxes

2,231

2,163

VAT

21,245

7,835

Accrued expenses

1,037

-

132,658

189,962

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

N Rogerson and Mrs S V Rogerson

Balance outstanding at start of year

202,405

19,256

Amounts advanced

129

187,719

Amounts repaid

(183,149

)

(4,570

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,385

202,405

8.	ULTIMATE CONTROLLING PARTY

The company is under joint control of the directors by virtue that they jointly own the share capital of the company.