MCJOSEPH & SONS (DP) LTD.

MCJOSEPH & SONS (DP) LTD.

MCJOSEPH & SONS (DP) LTD. - Company Information

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MCJOSEPH & SONS (DP) LTD.

Company Registration Number:
04597559 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2022

Period of accounts

Start date: 01 May 2021

End date: 30 April 2022

MCJOSEPH & SONS (DP) LTD.

Contents of the Financial Statements

for the Period Ended 30 April 2022

Balance sheet
Notes

MCJOSEPH & SONS (DP) LTD.

Balance sheet

As at 30 April 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 49,110 49,110
Tangible assets: 4 252,029 271,998
Total fixed assets: 301,139 321,108
Current assets
Stocks: 5,000 10,000
Debtors:   138,394 138,394
Cash at bank and in hand: 447,639 289,149
Total current assets: 591,033 437,543
Creditors: amounts falling due within one year:   (103,461) (61,555)
Net current assets (liabilities): 487,572 375,988
Total assets less current liabilities: 788,711 697,096
Creditors: amounts falling due after more than one year:   (185,367) (218,389)
Total net assets (liabilities): 603,344 478,707
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 603,244 478,607
Shareholders funds: 603,344 478,707

The notes form part of these financial statements

MCJOSEPH & SONS (DP) LTD.

Balance sheet statements

For the year ending 30 April 2022 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 August 2022
and signed on behalf of the board by:

Name: Soosaipillai Ravi
Status: Director

The notes form part of these financial statements

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.Plant and machinery 25 perc reducing balanceFittings fixtures and equipment 25 perc reducing balanceMotor vehicles 25 perc reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Intangible fixed assets and amortisation policy

Cost At 1 May 2021 and 30 April 2022 49,110Amortisation At 1 May 2021 and 30 April 2022 NilCarrying amountAt 30 April 2022 49,110At 30 April 2021 49,110

Valuation and information policy

StocksStocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2022

2. Employees

2022 2021
Average number of employees during the period 60 70

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Intangible Assets

Total
Cost £
At 01 May 2021 49,110
At 30 April 2022 49,110
Amortisation
At 01 May 2021 0
At 30 April 2022 0
Net book value
At 30 April 2022 49,110
At 30 April 2021 49,110

MCJOSEPH & SONS (DP) LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2022

4. Tangible Assets

Total
Cost £
At 01 May 2021 776,771
Additions 8,032
At 30 April 2022 784,803
Depreciation
At 01 May 2021 504,773
Charge for year 28,001
At 30 April 2022 532,774
Net book value
At 30 April 2022 252,029
At 30 April 2021 271,998