REGISTERED NUMBER: 12789975 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

MJS Locks and Carpentry Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M J Spedding

REGISTERED OFFICE:

Charles House

46 Station Road

Waltham Abbey

Essex

EN9 1FP

REGISTERED NUMBER:

12789975 (England and Wales)

ACCOUNTANTS:

CHARLES PETER

Charles House

46 Station Road

Waltham Abbey

Essex

EN9 1FP

FIXED ASSETS

Tangible assets

4

32,231

42,974

CURRENT ASSETS

Stocks

31,500

-

Debtors

5

70,902

52,797

Cash at bank and in hand

42,988

175,605

145,390

228,402

CREDITORS

Amounts falling due within one year

6

58,123

115,412

NET CURRENT ASSETS

87,267

112,990

TOTAL ASSETS LESS CURRENT LIABILITIES

119,498

155,964

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

119,497

155,963

SHAREHOLDERS' FUNDS

119,498

155,964

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

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

The director acknowledges his 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 director and authorised for issue on 19 May 2026 and were signed by:

M J Spedding - Director

1.	STATUTORY INFORMATION

MJS Locks and Carpentry 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.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

3,016

69,610

72,626

DEPRECIATION

At 1 September 2024

1,723

27,929

29,652

Charge for year

323

10,420

10,743

At 31 August 2025

2,046

38,349

40,395

NET BOOK VALUE

At 31 August 2025

970

31,261

32,231

At 31 August 2024

1,293

41,681

42,974

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

70,902

52,797

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

834

4,501

Taxation and social security

3,816

32,983

Other creditors

53,473

77,928

58,123

115,412