MJMC Electrical Contractors Ltd

Registered number

12888398

Filleted Accounts

30 September 2025

MJMC Electrical Contractors Ltd
Registered number:		12888398
Balance Sheet
as at 30 September 2025


	Notes		2025		2024
			£		£
Fixed assets
Tangible assets	3		4,066		5,421

Current assets
Stocks		7,655		2,776
Debtors	4	121,864		53,349
Cash at bank and in hand		15,334		12,627
		144,853		68,752

Creditors: amounts falling due within one year	5	(147,736)		(52,325)

Net current (liabilities)/assets			(2,883)		16,427

Total assets less current liabilities			1,183		21,848

Provisions for liabilities			(1,077)		(1,437)

Net assets			106		20,411

Capital and reserves
Called up share capital			100		100
Profit and loss account			6		20,311

Shareholder's funds			106		20,411


The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Matthew McCullagh
Director
Approved by the board on 18 September 2026

MJMC Electrical Contractors Ltd
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Motor vehicles	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees		2025	2024
			Number	Number

	Average number of persons employed by the company		1	1


3	Tangible fixed assets
		Plant and machinery etc	Motor vehicles	Total
		£	£	£
	Cost
	At 1 October 2024	3,920	4,500	8,420
	At 30 September 2025	3,920	4,500	8,420

	Depreciation
	At 1 October 2024	2,355	644	2,999
	Charge for the year	391	964	1,355
	At 30 September 2025	2,746	1,608	4,354

	Net book value
	At 30 September 2025	1,174	2,892	4,066
	At 30 September 2024	1,565	3,856	5,421


4	Debtors		2025	2024
			£	£

	Trade debtors		15,070	14,818
	Other debtors		106,794	38,531
			121,864	53,349


5	Creditors: amounts falling due within one year		2025	2024
			£	£

	Trade creditors		13,857	5,632
	Taxation and social security costs		45,246	29,031
	Other creditors		88,633	17,662
			147,736	52,325


6	Other financial commitments		2025	2024
			£	£

	Total future minimum payments under non-cancellable operating leases		10,417	13,639


7	Other information

	MJMC Electrical Contractors Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	53 Manton Road
	Hitchin
	SG4 9NP