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REGISTERED NUMBER: 05331960 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CAJ HOLDINGS LIMITED

CAJ HOLDINGS LIMITED (REGISTERED NUMBER: 05331960)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAJ HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 March 2024







DIRECTORS: O Georgiou
Ms A Joannou





REGISTERED OFFICE: 12 Gateway Mews
Ring Way
London
N11 2UT





REGISTERED NUMBER: 05331960 (England and Wales)





ACCOUNTANTS: G. George Associates Limited
Chartered Certified Accountants
12 Gateway Mews
Ring Way
London
N11 2UT

CAJ HOLDINGS LIMITED (REGISTERED NUMBER: 05331960)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 894,607 894,607

CURRENT ASSETS
Debtors 5 11,100 28,297
Cash at bank 13,017 1,188
24,117 29,485
CREDITORS
Amounts falling due within one year 6 7,602 96,761
NET CURRENT ASSETS/(LIABILITIES) 16,515 (67,276 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

911,122

827,331

CREDITORS
Amounts falling due after more than one year 7 (517,170 ) (440,971 )

PROVISIONS FOR LIABILITIES (59,223 ) (59,223 )
NET ASSETS 334,729 327,137

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 215,240 215,240
Retained earnings 119,389 111,797
SHAREHOLDERS' FUNDS 334,729 327,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

CAJ HOLDINGS LIMITED (REGISTERED NUMBER: 05331960)

BALANCE SHEET - continued
31 March 2024


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 24 July 2024 and were signed on its behalf by:





O Georgiou - Director


CAJ HOLDINGS LIMITED (REGISTERED NUMBER: 05331960)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024

1. STATUTORY INFORMATION

CAJ Holdings Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. Deferred taxation is provided on such surplus or deficit at the rate expected to apply when the property is sold.

The fair value profits on investment property is not a realised profit available for distribution. In order to differentiate the non-distributable profits with the distributable profits of the company, any fair value movements on investment property less the deferred tax on such movements is transferred from retained earnings to fair value reserves, which is a non-distributable reserve.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

CAJ HOLDINGS LIMITED (REGISTERED NUMBER: 05331960)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 894,607
NET BOOK VALUE
At 31 March 2024 894,607
At 31 March 2023 894,607

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2011 207,079
Valuation in 2012 (59,304 )
Valuation in 2014 126,688
Cost 620,144
894,607

If investment property had not been revalued it would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 620,144 620,144

Investment property was valued on an open market basis on 31 March 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 11,100 28,297

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 1,782 2,141
Other creditors 5,820 94,620
7,602 96,761

CAJ HOLDINGS LIMITED (REGISTERED NUMBER: 05331960)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 420,000 411,504
Other creditors 97,170 29,467
517,170 440,971

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 420,000 411,504

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 215,240