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REGISTERED NUMBER: 09737915 (England and Wales)












Unaudited Financial Statements

for the Year Ended 5 April 2023

for

CJ21 Properties Limited

CJ21 Properties Limited (Registered number: 09737915)






Contents of the Financial Statements
for the Year Ended 5 April 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CJ21 Properties Limited

Company Information
for the Year Ended 5 April 2023







DIRECTORS: C K C Phillips
J M Phillips





REGISTERED OFFICE: Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ





REGISTERED NUMBER: 09737915 (England and Wales)





ACCOUNTANTS: Johal & Company
Chartered Certified Accountants
& Registered Auditors
Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ

CJ21 Properties Limited (Registered number: 09737915)

Statement of Financial Position
5 April 2023

5.4.23 5.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,384 21,846
Investment property 5 1,194,418 1,134,534
1,210,802 1,156,380

CURRENT ASSETS
Debtors 6 178,687 249,592
Cash at bank 30,995 49,094
209,682 298,686
CREDITORS
Amounts falling due within one year 7 144,206 235,829
NET CURRENT ASSETS 65,476 62,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,276,278

1,219,237

CREDITORS
Amounts falling due after more than one
year

8

1,012,318

995,490
NET ASSETS 263,960 223,747

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 332,183 288,717
Retained earnings (68,323 ) (65,070 )
SHAREHOLDERS' FUNDS 263,960 223,747

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

CJ21 Properties Limited (Registered number: 09737915)

Statement of Financial Position - continued
5 April 2023


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by:




C K C Phillips - Director



J M Phillips - Director


CJ21 Properties Limited (Registered number: 09737915)

Notes to the Financial Statements
for the Year Ended 5 April 2023

1. STATUTORY INFORMATION

CJ21 Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

CJ21 Properties Limited (Registered number: 09737915)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 6 April 2022
and 5 April 2023 1,939 28,293 1,449 31,681
DEPRECIATION
At 6 April 2022 1,448 7,957 430 9,835
Charge for year 123 5,084 255 5,462
At 5 April 2023 1,571 13,041 685 15,297
NET BOOK VALUE
At 5 April 2023 368 15,252 764 16,384
At 5 April 2022 491 20,336 1,019 21,846

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2022 1,134,534
Revaluations 43,466
Capital Improvements 16,418
At 5 April 2023 1,194,418
NET BOOK VALUE
At 5 April 2023 1,194,418
At 5 April 2022 1,134,534

Fair value at 5 April 2023 is represented by:
£   
Valuation in 2023 1,194,418

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.23 5.4.22
£    £   
Trade debtors 162 162
Other debtors 178,525 249,430
178,687 249,592

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.23 5.4.22
£    £   
Hire purchase contracts 1,928 3,212
Other creditors 142,278 232,617
144,206 235,829

CJ21 Properties Limited (Registered number: 09737915)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
5.4.23 5.4.22
£    £   
Bank loans 732,871 680,090
Hire purchase contracts 17,040 18,158
Other creditors 262,407 297,242
1,012,318 995,490

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 732,871 680,090

9. RESERVES
Fair
value
reserve
£   
At 6 April 2022 288,717
Investment property 43,466

At 5 April 2023 332,183