REGISTERED NUMBER: 03356368 (England and Wales)

MJT Enterprises Limited

Unaudited Financial Statements

for the Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J Tilbrook

M P Edwards

SECRETARY:

M P Edwards

REGISTERED OFFICE:

26 Beatrice Road

Bodmin

Cornwall

PL31 1RD

REGISTERED NUMBER:

03356368 (England and Wales)

ACCOUNTANTS:

ATC Advisors

Chartered Accountants

26 Beatrice Road

Bodmin

Cornwall

PL31 1RD

FIXED ASSETS

Tangible assets

4

1,749,286

1,696,624

Investments

5

180,495

166,230

1,929,781

1,862,854

CURRENT ASSETS

Stocks

57,324

64,288

Debtors

6

16,251

16,157

Cash at bank and in hand

155,986

155,208

229,561

235,653

CREDITORS

Amounts falling due within one year

7

544,273

437,560

NET CURRENT LIABILITIES

(314,712

)

(201,907

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,615,069

1,660,947

CAPITAL AND RESERVES

Called up share capital

1,750,000

1,750,000

Fair value reserve

8

(20,420

)

(81,466

)

Retained earnings

(114,511

)

(7,587

)

1,615,069

1,660,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 12 June 2026 and were signed on its behalf by:

M J Tilbrook - Director

1.	STATUTORY INFORMATION

MJT Enterprises 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 as modified by the revaluation of certain assets.

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.

Freehold property

-

not provided for on Land

Plant and machinery

-

25% on reducing balance and 5% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Share portfolio

The share portfolio is valued at market value as per asset management company statement as at year end.

Any differences between market value and actual costs have been written off to fair value reserves.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 October 2024

1,615,275

495,260

51,448

16,184

2,178,167

Additions

42,709

32,647

3,000

-

78,356

At 30 September 2025

1,657,984

527,907

54,448

16,184

2,256,523

DEPRECIATION

At 1 October 2024

134,167

284,065

50,493

12,818

481,543

Charge for year

-

24,782

239

673

25,694

At 30 September 2025

134,167

308,847

50,732

13,491

507,237

NET BOOK VALUE

At 30 September 2025

1,523,817

219,060

3,716

2,693

1,749,286

At 30 September 2024

1,481,108

211,195

955

3,366

1,696,624

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 October 2024

166,230

Additions

24,542

Disposals

(10,965

)

Revaluations

688

At 30 September 2025

180,495

NET BOOK VALUE

At 30 September 2025

180,495

At 30 September 2024

166,230

Cost or valuation at 30 September 2025 is represented by:

Other

investments

£

Valuation in 2021

(44,682

)

Valuation in 2022

(87,162

)

Valuation in 2023

5,665

Valuation in 2024

44,713

Valuation in 2025

61,046

Cost

200,915

180,495

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

200,915

247,696

Aggregate provisions

(20,420

)

(81,466

)

Fixed asset investments were valued on an open market basis on 30 September 2025 by Capital Financial Movements .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,923

3,940

Other debtors

13,328

12,217

16,251

16,157

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

30,486

41,870

Other creditors

513,787

395,690

544,273

437,560

8.

RESERVES

Fair

value

reserve

£

At 1 October 2024

(81,466

)

Movement

61,046

At 30 September 2025

(20,420

)