MJNL Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11617513 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

MJNL Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M J Batchelor

REGISTERED OFFICE:

C/O Haines Watts Wolverhampton Limited

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

REGISTERED NUMBER:

11617513 (England and Wales)

ACCOUNTANTS:

Haines Watts Wolverhampton Limited

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

FIXED ASSETS

Tangible assets

4

53,805

3,070

CURRENT ASSETS

Stocks

34,075

15,870

Debtors

5

27,445

31,271

Cash at bank and in hand

3,705

24,222

65,225

71,363

CREDITORS

Amounts falling due within one year

6

77,555

55,023

NET CURRENT (LIABILITIES)/ASSETS

(12,330

)

16,340

TOTAL ASSETS LESS CURRENT
LIABILITIES

41,475

19,410

CREDITORS

Amounts falling due after more than one
year

7

(39,622

)

(5,867

)

PROVISIONS FOR LIABILITIES

(1,794

)

(767

)

NET ASSETS

59

12,776

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

57

12,774

SHAREHOLDERS' FUNDS

59

12,776

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

Mr M J Batchelor - Director

1.	STATUTORY INFORMATION

MJNL Services 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and

assumptions that affect the amounts reported. These estimates and judgements are continually

reviewed and are based on experience and other factors, including expectations of future events that

are believed to be reasonable under the circumstances.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

4 yrs straight line less residual value

Computer equipment

-

33% 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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 November 2024

-

6,745

Additions

48,990

6,281

55,271

Disposals

-

(1,832

)

(1,832

)

At 31 October 2025

48,990

11,194

60,184

DEPRECIATION

At 1 November 2024

-

3,675

Charge for year

2,361

1,187

3,548

Eliminated on disposal

-

(844

)

(844

)

At 31 October 2025

2,361

4,018

6,379

NET BOOK VALUE

At 31 October 2025

46,629

7,176

53,805

At 31 October 2024

-

3,070

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

48,990

At 31 October 2025

48,990

DEPRECIATION

Charge for year

2,361

At 31 October 2025

2,361

NET BOOK VALUE

At 31 October 2025

46,629

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

9,238

31,085

Other debtors

18,207

186

27,445

31,271

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

-

8,800

Hire purchase contracts

7,110

-

Trade creditors

57,456

19,233

Taxation and social security

11,564

25,063

Other creditors

1,425

1,927

77,555

55,023

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

-

5,867

Hire purchase contracts

39,622

-

39,622

5,867

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

-

14,667

Hire purchase contracts

46,732

-

46,732

14,667

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2

Ordinary

1

2

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £29,500 were paid to the director .

During the year, the company made interest-free advances to a director amounting to £4,665 (2024: £22,734). These were repayable on demand.

The company received repayments of £Nil (2024: £22,734).

At 31 October 2025 the company had outstanding loans due to the directors of £Nil (2024: £342) included within other creditors.

At 31 October 2025 the company had outstanding loans due from the directors of £4,665 (2024: £Nil) included within other debtors. Also included within other debtors is a loan to a shareholder of £5,008 (2024: £Nil)

All related party loans are interest-free and repayable on demand.