Company No: 11033108 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	J J Gallagher
	M T Gallagher
	R J Gallagher
	S Gallagher

REGISTERED OFFICE	230 Moston Lane
	Manchester
	M40 9NS
	United Kingdom

COMPANY NUMBER

11033108 (England and Wales)

ACCOUNTANT	S&W Partners (Leeds) Limited
	3rd Floor, 56 Wellington Street
	Leeds
	LS1 2EE

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	141,328		58,554
		141,328		58,554
Current assets
Debtors	4	733,214		760,462
Cash at bank and in hand		123,079		98,812
		856,293		859,274
Creditors: amounts falling due within one year	5	( 103,133)		( 263,176)
Net current assets		753,160		596,098
Total assets less current liabilities		894,488		654,652
Creditors: amounts falling due after more than one year	6	( 109,702)		( 77,632)
Net assets		784,786		577,020
Capital and reserves
Called-up share capital		100		100
Profit and loss account		784,686		576,920
Total shareholders' funds		784,786		577,020

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of MJ Rental LTD (registered number: 11033108) were approved and authorised for issue by the Board of Directors on 31 July 2026. They were signed on its behalf by:

J J Gallagher Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

MJ Rental LTD (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 230 Moston Lane, Manchester, M40 9NS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of MJ Rental LTD is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Revenue arising from the provision of services is recognised by reference to the stage of completion as follows:
[include details of the specific recognition and measurement policies for each significant type of service provided]
When the stage of completion cannot be measured reliably revenue is recognised up to the extent of recoverable expenses and accordingly no profit is recognised.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 November 2024	11,087		135,626		338		147,051
Additions	1,496		140,416		0		141,912
Disposals	0		( 135,626)		0		( 135,626)
At 31 October 2025	12,583		140,416		338		153,337
Accumulated depreciation
At 01 November 2024	6,081		82,185		231		88,497
Charge for the financial year	1,291		14,592		27		15,910
Disposals	0		( 92,398)		0		( 92,398)
At 31 October 2025	7,372		4,379		258		12,009
Net book value
At 31 October 2025	5,211		136,037		80		141,328
At 31 October 2024	5,006		53,441		107		58,554

4. Debtors

	2025		2024
	£		£
Trade debtors	( 34)		82,374
Amounts owed by related parties	675,580		678,088
Other debtors	57,668		0
	733,214		760,462

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	5,000		9,335
Trade creditors	0		7,349
Taxation and social security	39,945		94,047
Obligations under finance leases and hire purchase contracts	10,638		0
Other creditors	47,550		152,445
	103,133		263,176

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		4,193
Obligations under finance leases and hire purchase contracts	109,702		73,439
	109,702		77,632

There are no amounts included above in respect of which any security has been given by the small entity.