REGISTERED NUMBER: |
CJRJ PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JANUARY 2023 |
REGISTERED NUMBER: |
CJRJ PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JANUARY 2023 |
CJRJ PROPERTIES LIMITED (REGISTERED NUMBER: 08657126) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JANUARY 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 | to | 3 |
CJRJ PROPERTIES LIMITED (REGISTERED NUMBER: 08657126) |
BALANCE SHEET |
31ST JANUARY 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
CJRJ PROPERTIES LIMITED (REGISTERED NUMBER: 08657126) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JANUARY 2023 |
1. | STATUTORY INFORMATION |
CJRJ Properties Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These accounts have been prepared on the going concern basis, on the understanding that the directors, shareholders and the bank will continue to financially support the company. |
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. |
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 balance sheet date. |
Debtors and creditors receivable / payable within one year |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Taxation and social security |
Other creditors |
CJRJ PROPERTIES LIMITED (REGISTERED NUMBER: 08657126) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST JANUARY 2023 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
7. | RELATED PARTY DISCLOSURES |
During the year the company entered into the following transactions with related parties: |
Transaction Value | Balance owed by/(owed to) |
2023 | 2022 | 2023 | 2022 |
£ | £ | £ | £ |
Share of members profits from joint venture | - | - | 5,528 | 5,528 |
Loan to company with Aloa C Ltd | - | - | 872,300 | 984,563 |
Loan to company with Jack Gomersall Properties Limited |
(8,000 |
) |
(8,000 |
) |
305,795 |
222,795 |
The loan to Jack Gommersall Properties Limited accrues interest at 4% per annum generating interest of £8,000 (2022: £8,000). Together with an additional advance of £75,000 in the year the aggregate amount of loan advances and accrued interest was £305,795 at 31st January 2023 (2022: £222,795). |
A receipt of £112,263 in the year reduced the loan owing from Aloa C limited to £872,300 at 31st January 2023 (2022: £954,563). |