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Company Registration No. 12120736 (England and Wales)
MJS RECOVERY & SON (SCUNTHORPE) LTD Unaudited accounts for the year ended 31 July 2025
MJS RECOVERY & SON (SCUNTHORPE) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MJS RECOVERY & SON (SCUNTHORPE) LTD Company Information for the year ended 31 July 2025
Director
Matthew John Smith
Company Number
12120736 (England and Wales)
Registered Office
Unit 5 Colliery Road Pinxton NG16 6JF UNITED KINGDOM
Accountants
BFS Accountants Ltd Ransom Hall, Ransom Wood Business Park Southwell Road West Mansfield Nottinghamshire NG21 0HJ
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MJS RECOVERY & SON (SCUNTHORPE) LTD Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
248,082 
238,754 
Current assets
Inventories
20,000 
20,000 
Debtors
5
7,290 
10,006 
Cash at bank and in hand
31,359 
52,699 
58,649 
82,705 
Creditors: amounts falling due within one year
6
(254,366)
(362,874)
Net current liabilities
(195,717)
(280,169)
Total assets less current liabilities
52,365 
(41,415)
Creditors: amounts falling due after more than one year
7
(392,291)
(231,997)
Net liabilities
(339,926)
(273,412)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(339,927)
(273,413)
Shareholders' funds
(339,926)
(273,412)
For the year ending 31 July 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 9 March 2026 and were signed on its behalf by
Matthew John Smith Director Company Registration No. 12120736
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MJS RECOVERY & SON (SCUNTHORPE) LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
MJS RECOVERY & SON (SCUNTHORPE) LTD is a private company, limited by shares, registered in England and Wales, registration number 12120736. The registered office is Unit 5, Colliery Road, Pinxton, NG16 6JF, 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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2024
231,004 
191,254 
9,631 
4,109 
435,998 
Additions
73,825 
27,578 
- 
- 
101,403 
Disposals
(7,000)
- 
- 
- 
(7,000)
At 31 July 2025
297,829 
218,832 
9,631 
4,109 
530,401 
Depreciation
At 1 August 2024
97,410 
84,584 
11,756 
3,494 
197,244 
Charge for the year
46,209 
38,251 
- 
615 
85,075 
At 31 July 2025
143,619 
122,835 
11,756 
4,109 
282,319 
Net book value
At 31 July 2025
154,210 
95,997 
(2,125)
- 
248,082 
At 31 July 2024
133,594 
106,670 
(2,125)
615 
238,754 
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MJS RECOVERY & SON (SCUNTHORPE) LTD Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,260 
8,916 
Accrued income and prepayments
30 
1,090 
7,290 
10,006 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
13,842 
16,529 
VAT
15,423 
32,485 
Obligations under finance leases and hire purchase contracts
14,017 
14,017 
Trade creditors
44,791 
31,927 
Amounts owed to group undertakings and other participating interests
5,000 
- 
Loans from directors
161,293 
267,916 
254,366 
362,874 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
392,291 
231,997 
8
Average number of employees
During the year the average number of employees was 11 (2024: 11).
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