Company registration number 10912764 (England and Wales)
MJB VENTURE LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
MJB VENTURE LTD
COMPANY INFORMATION
Director
Mr M B Blackshaw
Company number
10912764
Registered office
Create Business Hub
5 Rayleigh Road
Shenfield
Brentwood
Essex
England
CM13 1AB
Accountants
Xeinadin South East Limited
Create Business Hub
5 Rayleigh Road
Shenfield
Brentwood
Essex
England
CM13 1AB
MJB VENTURE LTD
CONTENTS
Page
Director's report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Notes to the financial statements
5 - 7
MJB VENTURE LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 JULY 2025
- 1 -

The director presents his annual report and financial statements for the year ended 31 July 2025.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr M B Blackshaw
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr M B Blackshaw
Director
5 May 2026
MJB VENTURE LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF MJB VENTURE LTD
- 2 -

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 July 2025.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Xeinadin South East Limited
Create Business Hub
5 Rayleigh Road
Shenfield
Brentwood
Essex
CM13 1AB
England
5 May 2026
MJB VENTURE LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2025
- 3 -
2025
2024
£
£
Turnover
1,875,040
794,627
Cost of sales
(1,727,686)
(662,910)
Gross profit
147,354
131,717
Administrative expenses
(28,241)
(25,107)
Other operating income
27,600
28,470
Operating profit
146,713
135,080
Interest payable and similar expenses
(140,194)
(128,480)
Profit before taxation
6,519
6,600
Tax on profit
(1,239)
(1,254)
Profit for the financial year
5,280
5,346

The profit and loss account has been prepared on the basis that all operations are continuing operations.

MJB VENTURE LTD
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 4 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
498,750
498,750
Current assets
Stocks
7,289,192
6,623,699
Debtors
4
17,600
(2,300)
Cash at bank and in hand
44,363
58,859
7,351,155
6,680,258
Creditors: amounts falling due within one year
5
(7,439,535)
(6,766,574)
Net current liabilities
(88,380)
(86,316)
Total assets less current liabilities
410,370
412,434
Creditors: amounts falling due after more than one year
6
(386,604)
(393,948)
Net assets
23,766
18,486
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
23,666
18,386
Total equity
23,766
18,486

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

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The financial statements were approved and signed by the director and authorised for issue on 5 May 2026
Mr M B Blackshaw
Director
Company registration number 10912764 (England and Wales)
MJB VENTURE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
1
Accounting policies
Company information

MJB Venture Ltd 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.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue from the following major sources:

- Sale of services

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.3
Tangible fixed assets

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

Freehold land and buildings
no dep rate
1.4
Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

MJB VENTURE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 6 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 August 2024 and 31 July 2025
498,750
Depreciation and impairment
At 1 August 2024 and 31 July 2025
-
0
Carrying amount
At 31 July 2025
498,750
At 31 July 2024
498,750
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
17,600
(2,300)
MJB VENTURE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 7 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,288,766
1,251,077
Corporation tax
2,493
1,254
Other creditors
6,148,276
5,514,243
7,439,535
6,766,574
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
386,604
393,948
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