1 September 2022 false No description of principal activity Taxfiler 2023.10 10902647business:PrivateLimitedCompanyLtd2022-09-012023-08-31 109026472022-08-31 109026472022-09-012023-08-31 10902647business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 10902647business:FilletedAccounts2022-09-012023-08-31 109026472023-08-31 10902647business:Director12022-09-012023-08-31 10902647business:Director32022-09-012023-08-31 10902647business:RegisteredOffice2022-09-012023-08-31 109026472022-08-31 10902647core:WithinOneYear2023-08-31 10902647core:WithinOneYear2022-08-31 10902647core:AfterOneYear2023-08-31 10902647core:AfterOneYear2022-08-31 10902647core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 10902647core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 10902647core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10902647core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 10902647core:PreviouslyStatedAmount2023-08-31 10902647core:PreviouslyStatedAmount2022-08-31 10902647business:SmallEntities2022-09-012023-08-31 10902647countries:EnglandWales2022-09-012023-08-31 10902647core:LandBuildings2022-09-012023-08-31 10902647core:LandBuildings2022-08-31 10902647core:LandBuildings2023-08-31 109026472021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10902647 (England and Wales)
M&J PROPERTY HOLDINGS LIMITED Unaudited accounts for the year ended 31 August 2023
M&J PROPERTY HOLDINGS LIMITED Unaudited accounts Contents
Page
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M&J PROPERTY HOLDINGS LIMITED Company Information for the year ended 31 August 2023
Directors
Michael Smith Geoffrey Smith
Company Number
10902647 (England and Wales)
Registered Office
UNIT 8 THE QUAD, MERCURY COURT CHESTER CH1 4QP UNITED KINGDOM
Accountants
KLAS ACCOUNTANTS LTD Eastham Hall 109, Eastham Village Road Eastham Wirral CH62 0AF
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M&J PROPERTY HOLDINGS LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
570,421 
67,181 
Current assets
Debtors
1,679 
- 
Cash at bank and in hand
4,264 
5,026 
5,943 
5,026 
Creditors: amounts falling due within one year
(565,359)
(53,705)
Net current liabilities
(559,416)
(48,679)
Total assets less current liabilities
11,005 
18,502 
Creditors: amounts falling due after more than one year
(42,524)
- 
Net (liabilities)/assets
(31,519)
18,502 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(31,521)
18,500 
Shareholders' funds
(31,519)
18,502 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by
Michael Smith Director Company Registration No. 10902647
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M&J PROPERTY HOLDINGS LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
M&J PROPERTY HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10902647. The registered office is UNIT 8, THE QUAD, MERCURY COURT, CHESTER, CH1 4QP, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
2% Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 September 2022
73,021 
Additions
515,000 
At 31 August 2023
588,021 
Depreciation
At 1 September 2022
5,840 
Charge for the year
11,760 
At 31 August 2023
17,600 
Net book value
At 31 August 2023
570,421 
At 31 August 2022
67,181 
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M&J PROPERTY HOLDINGS LIMITED Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,679 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
49,248 
Amounts owed to group undertakings and other participating interests
196,000 
- 
Taxes and social security
- 
1,679 
Loans from directors
367,819 
1,238 
Accruals
1,540 
1,540 
565,359 
53,705 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
42,524 
- 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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