M and J Exporters Ltd Accounts






M and J Exporters Ltd

	Company No. 07907181
		Information for Filing with The Registrar
		31 December 2025

The Directors present their report and the accounts for the year ended 31 December 2025.

Principal activities
The principal activity of the company during the year under review was trade and worldwide export of paper and board.




Directors

The Directors who served at any time during the year were as follows:

Y. Gabra
M.I. Klein












































Statement of directors' responsibilities
The Directors are responsible for preparing the Directors' report and the accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with united Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
*	select suitable accounting policies and then apply them consistently;
*	make judgments and estimates that are reasonable and prudent;
*	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.



















The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Y. Gabra
Director
07 September 2026

at	31 December 2025
Company No.		07907181	Notes	2025	2024
				$	$






Current assets

	Debtors		5	2,605,280	3,150,006

	Cash at bank and in hand			3,063,646	3,794,523
				5,668,926	6,944,529
Creditors: Amount falling due within one year			8	(2,515,017)	(4,836,019)
Net current assets				3,153,909	2,108,510
Total assets less current liabilities				3,153,909	2,108,510

Provisions for liabilities

	Other provisions		9	(269,683)	-
Net assets				2,884,226	2,108,510

Capital and reserves
	Called up share capital			148	148



	Profit and loss account		11	2,884,078	2,108,362

Total equity				2,884,226	2,108,510


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Director
07 September 2026

for the year ended 31 December 2025

General information and basis of preparation

M and J Exporters Ltd is a private company limited by shares and incorporated in England and Wales.

The company's registered number is: 07907181

The address of the company's registered office is:

201 Haverstock Hill

2nd Floor

London

NW3 4QG

The financial statements have been prepared under the historical cost convention, unless otherwise stated, and in accordance with FRS 102 Section 1A , the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements have been presented in US Dollars as this is the currency of the primary economic environment in which the company operates and is rounded to the nearest dollar.

Going concern

These financial statements have been prepared on a going concern basis. The director, having considered the financial position of the company for a period of at least twelve months from the date of signing these financial statements, has no reason to believe that a material uncertainty exists that may cast doubt about the ability of the company to continue as a going concern. Accordingly the director has a reasonable expectation that the company will continue in operational existence and therefore he continues to adopt the going concern basis of accounting to prepare the financial statements.

Accounting policies

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

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.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is US Dollar. The accounts are rounded to the nearest dollar.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Judgements and key sources of estimation uncertainty

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.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	$	$
		UK corporation tax	-	-
		Foreign tax charge	634,954	233,813

		Total corporation tax	634,954	233,813





		Tax on profit on ordinary activities	634,954	233,813

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2025	2024
		634954	$	$
		Profit on ordinary activities before tax	2,760,670	1,016,580



		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	-	-
		Profit on ordinary activities multiplied by standard rate of foreign corporation tax	634,954	233,813




		Tax on profit on ordinary activities	634,954	233,813

5	Debtors
			2025	2024
			$	$
		Trade debtors	1,537,120	2,481,295





		Other debtors	387,896	668,711
		Prepayments and accrued income	680,264	-
			2,605,280	3,150,006

Other Debtors

Other debtors included $387,748 (2024: $668,563) of restricted cash reserves relating to line of credit balances maturing after the year end.

Bank and Cash in Hand

Cash at bank and in hand consists of $1,813,646 (2024: $2,544,523) in current accounts and $1,250,000 (2024: $1,250,000) in deposit accounts.

8	Creditors:
		amounts falling due within one year
			2025	2024
			$	$




		Trade creditors	1,073,755	3,719,074

		Taxes and social security	791,236	381,020
		Loans from directors	181,925	181,925
		Other creditors	17,422	-
		Accruals and deferred income	450,679	554,000
			2,515,017	4,836,019

9	Provision for liabilities
	The company has recognised a provision of £269,683 for liabilities arising from the supply of defective goods. The estimate is based on the full amount being claimed by the customer due to the probable pay-out of compensation. The provision is expected to be settled within 12 months of the year-end.
			Other provisions	Total
			$	$

		Additions	269,683	269,683


		At 31 December 2025	269,683	269,683

Share Capital

100 Ordinary shares of £1 each, called up, unpaid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

12	Dividends
			2025	2024
			$	$
		Dividends for the period:
		Dividends paid in the period	1,350,000	632,692

			1,350,000	632,692

		Dividends by type:

		Equity dividends	1,350,000	632,692
			1,350,000	632,692