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REGISTERED NUMBER: 07269143 (England and Wales)















CJ Systems Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






CJ Systems Limited (Registered number: 07269143)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


CJ Systems Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C A Stilton
J J Sealby



REGISTERED OFFICE: Unit 4J
Westpark 26
Chelston
WELLINGTON
Somerset
TA21 9AD



REGISTERED NUMBER: 07269143 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Barclays Bank plc
16 High Street
Bridgwater
Somerset
TA6 3DX

CJ Systems Limited (Registered number: 07269143)

Abridged Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 26,607 26,947

CURRENT ASSETS
Debtors 77,221 80,866
Cash at bank 93,314 81,835
170,535 162,701
CREDITORS
Amounts falling due within one year 76,617 56,108
NET CURRENT ASSETS 93,918 106,593
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,525

133,540

PROVISIONS FOR LIABILITIES 6,386 514
NET ASSETS 114,139 133,026

CAPITAL AND RESERVES
Called up share capital 202 202
Retained earnings 113,937 132,824
SHAREHOLDERS' FUNDS 114,139 133,026

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.

CJ Systems Limited (Registered number: 07269143)

Abridged Statement of Financial Position - 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 July 2024 and were signed on its behalf by:





J J Sealby - Director


CJ Systems Limited (Registered number: 07269143)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

CJ Systems 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 etc - 33% on reducing balance and 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

CJ Systems Limited (Registered number: 07269143)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 35,939
Additions 340
At 31 March 2024 36,279
DEPRECIATION
At 1 April 2023 8,992
Charge for year 680
At 31 March 2024 9,672
NET BOOK VALUE
At 31 March 2024 26,607
At 31 March 2023 26,947

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 1,756 1,756
Between one and five years 1,171 2,927
2,927 4,683

7. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current and previous year by its directors, JJ Sealby and CA Stilton, by virtue of the fact that between them they own a majority of the company's issued share capital.