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REGISTERED NUMBER: 07238115 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

DEMJ Ltd

DEMJ Ltd (Registered number: 07238115)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

DEMJ Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: D K Stainforth





REGISTERED OFFICE: 29 Walnut Walk
Lichfield
Staffordshire
WS13 8FA





REGISTERED NUMBER: 07238115 (England and Wales)





ACCOUNTANTS: Tomkinson Teal Limited
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

DEMJ Ltd (Registered number: 07238115)

Balance Sheet
30 June 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 7,513

CURRENT ASSETS
Stocks - 59,557
Debtors 5 - 14,814
Cash at bank 50,222 4,718
50,222 79,089
CREDITORS
Amounts falling due within one year 6 (59,212 ) (106,198 )
NET CURRENT LIABILITIES (8,990 ) (27,109 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,990

)

(19,596

)

CREDITORS
Amounts falling due after more than one
year

7

(28,752

)

(32,683

)
NET LIABILITIES (37,742 ) (52,279 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (37,842 ) (52,379 )
SHAREHOLDERS' FUNDS (37,742 ) (52,279 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DEMJ Ltd (Registered number: 07238115)

Balance Sheet - continued
30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 January 2024 and were signed by:





D K Stainforth - Director


DEMJ Ltd (Registered number: 07238115)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

DEMJ 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.

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.
Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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
The financial statements have been prepared on a going concern basis, which places reliance on the continued support of the company's director and shareholder.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

DEMJ Ltd (Registered number: 07238115)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2022 - 500 9,800 2,797 13,097
Additions 230,735 - - 358 231,093
Disposals (230,735 ) (500 ) (9,800 ) (3,155 ) (244,190 )
At 30 June 2023 - - - - -
DEPRECIATION
At 1 July 2022 - 198 2,756 2,630 5,584
Eliminated on disposal - (198 ) (2,756 ) (2,630 ) (5,584 )
At 30 June 2023 - - - - -
NET BOOK VALUE
At 30 June 2023 - - - - -
At 30 June 2022 - 302 7,044 167 7,513

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 1,450
Other debtors - 13,364
- 14,814

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,695 17,443
Trade creditors 2,219 18,954
Taxation and social security 9,302 2,832
Other creditors 39,996 66,969
59,212 106,198

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 28,752 32,683

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 8,991

DEMJ Ltd (Registered number: 07238115)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

Included within other creditors due within one year is a loan from the director amounting to £36,744 (2022: £66,004). This loan is repayable on demand but has no specific terms regarding the payment of interest. The company has received assurances that repayment of this loan will not be sought until such time as the company can afford to do so without detriment to its cash flow or payment of other creditors.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
DEMJ Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DEMJ Ltd for the year ended 30 June 2023 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of DEMJ Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DEMJ Ltd and state those matters that we have agreed to state to the director of DEMJ Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DEMJ Ltd and its director for our work or for this report.

It is your duty to ensure that DEMJ Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DEMJ Ltd. You consider that DEMJ Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DEMJ Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal Limited
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


16 January 2024