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REGISTERED NUMBER: 10942391














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2023

FOR

BJM INVESTMENTS LTD

BJM INVESTMENTS LTD (REGISTERED NUMBER: 10942391)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BJM INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: Mr B Precious
Mrs J Lawler
Mr M Precious
Mr B J Precious





REGISTERED OFFICE: The Bungalow,
Mott Street
London
E4 7RW





REGISTERED NUMBER: 10942391





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

BJM INVESTMENTS LTD (REGISTERED NUMBER: 10942391)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,994 2,994
Investment property 5 486,279 264,389
489,273 267,383

CURRENT ASSETS
Debtors 6 3,727 3,206
Cash at bank and in hand 4,095 45,941
7,822 49,147
CREDITORS
Amounts falling due within one year 7 298,050 270,533
NET CURRENT LIABILITIES (290,228 ) (221,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,045

45,997

PROVISIONS FOR LIABILITIES 28,723 2,377
NET ASSETS 170,322 43,620

CAPITAL AND RESERVES
Called up share capital 400 400
Non distributable reserves 8 151,547 19,528
Retained earnings 18,375 23,692
SHAREHOLDERS' FUNDS 170,322 43,620

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 20 August 2024 and were signed on its behalf by:





Mr B Precious - Director


BJM INVESTMENTS LTD (REGISTERED NUMBER: 10942391)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

BJM Investments Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

In the opinion of the director the fair value of the investment properties as at 30 September 2023 is not significantly different to that stated above.

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.

3. EMPLOYEES AND DIRECTORS

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

BJM INVESTMENTS LTD (REGISTERED NUMBER: 10942391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 3,844
DEPRECIATION
At 1 October 2022
and 30 September 2023 850
NET BOOK VALUE
At 30 September 2023 2,994
At 30 September 2022 2,994

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022 264,389
Additions 77,663
Revaluations 144,227
At 30 September 2023 486,279
NET BOOK VALUE
At 30 September 2023 486,279
At 30 September 2022 264,389

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2021 7,320
Valuation in 2023 144,226
Cost 334,733
486,279

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,727 3,206

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 4,538 1,716
Other creditors 293,512 268,817
298,050 270,533

BJM INVESTMENTS LTD (REGISTERED NUMBER: 10942391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8. RESERVES
Non
distributable
reserves
£   
At 1 October 2022 19,528
Transfer 132,019

At 30 September 2023 151,547