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Registration number: 03753828

MJ & MS LIMITED
trading as Cash Generator
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

MJ & MS LIMITED
trading as Cash Generator

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

MJ & MS LIMITED
trading as Cash Generator

Company Information

Director | Michael James Hesketh Mr Michael Sean Hesketh Mrs B Hesketh

Company secretary | Mrs B Hesketh

Registered office | Units 13 & 14 The Palantine Strand Shopping Centre Bootle L20 4SW

Accountants | Smart Accountants (Small Business Centre) Limited 113-115 Belvoir Road Coalville Leicestershire LE67 3PH

MJ & MS LIMITED
trading as Cash Generator

(Registration number: 03753828)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 1,104 | 1,299
Current assets |  |  |
Stocks | 6 | 97,015 | 98,274
Debtors | 7 | 8,778 | 5,013
Cash at bank and in hand |  | 13,596 | 14,047
|  | 119,389 | 117,334
Creditors: Amounts falling due within one year | 8 | (198,955) | (198,847)
Net current liabilities |  | (79,566) | (81,513)
Net liabilities |  | (78,462) | (80,214)
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Retained earnings |  | (78,562) | (80,314)
Shareholders' deficit |  | (78,462) | (80,214)

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 January 2025

MJ & MS LIMITED
trading as Cash Generator

(Registration number: 03753828)
Balance Sheet as at 30 April 2025

......................................... Mr Michael Sean Hesketh Director

MJ & MS LIMITED
trading as Cash Generator

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Units 13 & 14
The Palantine
Strand Shopping Centre
Bootle
L20 4SW

These financial statements were authorised for issue by the director on 9 January 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

MJ & MS LIMITED
trading as Cash Generator

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Plant and Machinery

Asset class | Depreciation method and rate
Plant and Machinery | 15% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | evenly over their estimated useful life

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

MJ & MS LIMITED
trading as Cash Generator

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 3).

MJ & MS LIMITED
trading as Cash Generator

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 May 2024 | 17,458 | 17,458
At 30 April 2025 | 17,458 | 17,458
Amortisation
At 1 May 2024 | 17,458 | 17,458
At 30 April 2025 | 17,458 | 17,458
Carrying amount
At 30 April 2025 | - | -

5 | Tangible assets

| Fixtures and fittings £ | Total £
Cost or valuation
At 1 May 2024 | 75,777 | 75,777
At 30 April 2025 | 75,777 | 75,777
Depreciation
At 1 May 2024 | 74,478 | 74,478
Charge for the year | 195 | 195
At 30 April 2025 | 74,673 | 74,673
Carrying amount
At 30 April 2025 | 1,104 | 1,104
At 30 April 2024 | 1,299 | 1,299

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 97,015 | 98,274

MJ & MS LIMITED
trading as Cash Generator

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 5,013 | 5,013
Other debtors | 3,765 | -
| 8,778 | 5,013

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 10,173 | 18,949
Taxation and social security | 4,070 | 3,650
Accruals and deferred income | 106 | 394
Other creditors | 184,606 | 175,854
| 198,955 | 198,847

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100