Company Registration No. 11750884 (England and Wales)
MICHAELJOHN LONDON LTD
Unaudited accounts
for the year ended 31 January 2023
MICHAELJOHN LONDON LTD
Unaudited accounts
Contents
MICHAELJOHN LONDON LTD
Company Information
for the year ended 31 January 2023
Director
Christine Lynne Warrington
Company Number
11750884 (England and Wales)
Registered Office
FLAT 5 34 HARRINGTON GARDENS
SOUTH KENSINGTON
LONDON
SW7 4LT
ENGLAND
MICHAELJOHN LONDON LTD
Statement of financial position
as at 31 January 2023
Intangible assets
7,171
8,195
Tangible assets
28,930
35,970
Cash at bank and in hand
231,424
251,297
Creditors: amounts falling due within one year
(141,141)
(125,170)
Net current assets
154,410
131,686
Total assets less current liabilities
190,511
175,851
Creditors: amounts falling due after more than one year
(112,657)
(117,035)
Called up share capital
100
100
Profit and loss account
77,754
58,716
Shareholders' funds
77,854
58,816
For the year ending 31 January 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 October 2023 and were signed on its behalf by
Christine Lynne Warrington
Director
Company Registration No. 11750884
MICHAELJOHN LONDON LTD
Notes to the Accounts
for the year ended 31 January 2023
MICHAELJOHN LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 11750884. The registered office is FLAT 5 34 HARRINGTON GARDENS, SOUTH KENSINGTON, LONDON, SW7 4LT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Reducing Balance
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
MICHAELJOHN LONDON LTD
Notes to the Accounts
for the year ended 31 January 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2022
2,119
405
50,424
19,412
72,360
At 31 January 2023
2,119
405
50,424
19,412
72,360
At 1 February 2022
579
198
26,119
9,494
36,390
Charge for the year
154
41
4,861
1,984
7,040
At 31 January 2023
733
239
30,980
11,478
43,430
At 31 January 2023
1,386
166
19,444
7,934
28,930
At 31 January 2022
1,540
207
24,305
9,918
35,970
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
102,585
98,059
Taxes and social security
26,550
22,070
Other creditors
12,006
5,041
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
112,657
117,035
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 10 (2022: 10).