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REGISTERED NUMBER: 11117479 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

CEJ Investments Ltd

CEJ Investments Ltd (Registered number: 11117479)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CEJ Investments Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs C E J Johnson
C E Johnson



REGISTERED OFFICE: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
GL3 3RS



REGISTERED NUMBER: 11117479 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Santander
Bootle
Merseyside
L30 4GB

CEJ Investments Ltd (Registered number: 11117479)

Statement of Financial Position
31 December 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 883,897 620,374

CURRENT ASSETS
Debtors 5 526 1,389
Cash at bank 7,996 4,607
8,522 5,996
CREDITORS
Amounts falling due within one year 6 116,700 50,361
NET CURRENT LIABILITIES (108,178 ) (44,365 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

775,719

576,009

CREDITORS
Amounts falling due after more than one
year

7

(645,459

)

(468,022

)

PROVISIONS FOR LIABILITIES (18,122 ) (11,891 )
NET ASSETS 112,138 96,096

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 61,809 39,811
Retained earnings 50,229 56,185
SHAREHOLDERS' FUNDS 112,138 96,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

CEJ Investments Ltd (Registered number: 11117479)

Statement of Financial Position - continued
31 December 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 23 February 2024 and were signed on its behalf by:





Mrs C E J Johnson - Director


CEJ Investments Ltd (Registered number: 11117479)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

CEJ Investments Ltd 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 represents rental income due for the accounting period from the investment property.

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

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.

Going concern
Despite net current liabilities of £108,178 at the 31 December 2023 (2022 - £44,365) the accounts have been prepared on a going concern basis. The directors have reviewed the future cashflows of the company and have expressed their willingness to financially support the company for the foreseeable future, deeming the going concern basis of preparation to be appropriate.

3. EMPLOYEES AND DIRECTORS

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

CEJ Investments Ltd (Registered number: 11117479)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


4. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 January 2023 620,374
Additions 233,897
Revaluations 29,626
At 31 December 2023 883,897
Net book value
At 31 December 2023 883,897
At 31 December 2022 620,374

If investment property had not been revalued it would have been included at the historical cost of £802,569 (2022 - £568,672)

The directors have reviewed the local property market and made enquiries with local agents. Based on this review they have revalued the properties as reflected above.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors - 887
Other debtors 526 502
526 1,389

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Taxation and social security - 7,888
Other creditors 116,700 42,473
116,700 50,361

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/12/22
£    £   
Bank loans 645,459 468,022

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 645,459 468,022

CEJ Investments Ltd (Registered number: 11117479)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

31/12/23 31/12/22
£    £   
Bank loans 645,459 468,022

The bank loans are secured by fixed charges over the company's investment properties.

9. RELATED PARTY DISCLOSURES

Mrs C E J Johnson & C E Johnson
Directors

The directors have loaned funds to the company to assist with the purchase of the investment properties. At 31 December 2023 the loan balance outstanding was £50,980 (2022 - £41,753). The loan is interest free and is considered repayable on demand as it has no fixed repayment terms.

Delta 4 Electrical Ltd
A company under common control

Delta 4 Electrical Ltd has loaned £65,000 to the company. At 31 December 2023 the loan balance outstanding was £65,000. The loan is interest free and is considered repayable on demand as it has no fixed repayment terms.