REGISTERED NUMBER: 04454470 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

M J Electronics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J I Brittle

M J Brittle

SECRETARY:

Mrs J I Brittle

REGISTERED OFFICE:

19 Warren Park Way

Enderby

Leicester

LE19 4SA

REGISTERED NUMBER:

04454470 (England and Wales)

ACCOUNTANTS:

Carter & Co.

Accountants & Taxation Advisors

19 Warren Park Way

The Warrens Business Park

Enderby

Leicester

LE19 4SA

FIXED ASSETS

Tangible assets

4

47,441

68,714

CURRENT ASSETS

Stocks

36,500

36,500

Debtors

5

231,536

147,137

Cash at bank

100,182

54,745

368,218

238,382

CREDITORS

Amounts falling due within one year

6

181,079

113,173

NET CURRENT ASSETS

187,139

125,209

TOTAL ASSETS LESS CURRENT LIABILITIES

234,580

193,923

PROVISIONS FOR LIABILITIES

4,223

5,338

NET ASSETS

230,357

188,585

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

230,355

188,583

SHAREHOLDERS' FUNDS

230,357

188,585

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 14 May 2026 and were signed on its behalf by:

M J Brittle - Director

Mrs J I Brittle - Director

1.	STATUTORY INFORMATION

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

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 etc

-

33% on cost, 25% on reducing balance, 20% on cost and 15% on reducing balance

Stocks

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

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.

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.

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 8 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

45,509

89,862

135,371

Disposals

(14,994

)

(14,073

)

(29,067

)

At 31 March 2026

30,515

75,789

106,304

DEPRECIATION

At 1 April 2025

-

66,657

66,657

Charge for year

-

6,205

6,205

Eliminated on disposal

-

(13,999

)

(13,999

)

At 31 March 2026

-

58,863

58,863

NET BOOK VALUE

At 31 March 2026

30,515

16,926

47,441

At 31 March 2025

45,509

23,205

68,714

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

226,775

142,908

Other debtors

42

96

Prepayments

4,719

4,133

231,536

147,137

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

37,234

41,179

Tax

55,955

27,472

Social security and other taxes

6,659

2,731

VAT

55,574

35,325

Other creditors

1,392

826

Directors' current accounts

22,340

3,840

Accrued expenses

1,925

1,800

181,079

113,173

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

2

Ordinary

£1.00

2

2

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £106,000 (2025 - £110,000) were paid to the directors .