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MJ INDUSTRIAL SERVICES LIMITED - Company Information

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MJ INDUSTRIAL SERVICES LIMITED

Registered Number:05693592

For the year ended 28 February 2020

England and Wales

Unaudited Financial Statements

For the year ended 28 February 2020

MJ INDUSTRIAL SERVICES LIMITED

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 28 February 2020

MJ INDUSTRIAL SERVICES LIMITED

Statement of Financial Position

Registered Number :

05693592

2019

2020

Notes

Fixed assets

Property, plant and equipment

7,531

6,825

7,531

6,825

Current assets

Trade and other receivables

4,686

5,483

3,565

Cash and cash equivalents

9,490

14,973

8,251

Trade and other payables: amounts falling due within one

year

(14,356)

(19,503)

(6,105)

(4,530)

Net current liabilities

Total assets less current liabilities

3,001

720

(105)

Provisions for liabilities

3,001

Net assets

615

Capital and reserves

Called up share capital

Retained earnings

3,000

614

3,001

615

Shareholders' funds

For the year ended 28 February 2020 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 of its financial statements for the year ended 28 February 2020 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr M P Johns Director

These financial statements were approved and authorised for issue by the Board on 02 May 2020 and were signed by:

The notes form part of these financial statements

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For the year ended 28 February 2020

MJ INDUSTRIAL SERVICES LIMITED

Notes to the Financial Statements

Statutory Information

MJ INDUSTRIAL SERVICES LIMITED is a private limited company, limited by shares, domiciled in England and

Wales, registration number 05693592.

Principal place of business:

20 Hoarwithy Road

Putson

Hereford

HR2 6HA

Registered address:

4 The Sheepcote Lumber Lane

Lugwardine

Hereford

HR1 4AG

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

20% Reducing balance

Computer equipment

2. Property, plant and equipment

Total

Computer

equipment

Fixtures and

fittings

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 March 2019

16,304

300

798

14,750

456

2,300

Additions

At 28 February 2020

14,750

798

300

18,604

2,756

Provision for depreciation and impairment

At 01 March 2019

9,479

108

798

8,350

223

Charge for year

1,594

1,280

276

At 28 February 2020

11,073

146

798

9,630

499

At 28 February 2020

Net book value

2,257

5,120

154

7,531

At 28 February 2019

233

6,400

192

6,825

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For the year ended 28 February 2020

MJ INDUSTRIAL SERVICES LIMITED

Notes to the Financial Statements Continued

3. Trade and other receivables

2019

2020

Trade debtors

3,959

4,686

Other debtors

1,524

4,686

5,483

4. Trade and other payables: amounts falling due within one year

2019

2020

Trade creditors

172

Taxation and social security

6,562

4,558

Other creditors

12,769

9,752

19,503

14,356

5. Directors advances and guarantees

During the year the director, Mr M P Johns, made withdrawals from, and deposits to his director's current account.

The balance due to him by the company at 28 February 2020 was £11,854.65. The loan is repayable on demand.

No interest is being charged.

Dividends totalling £26,400 were paid during the year.

The company was under the control of Mr M P Johns, sole director and shareholder, throughout the current year.

6. Average number of persons employed

During the year the average number of employees was 1 (2019 : 1)

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