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REGISTERED NUMBER: 07977006 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

HJFM Limited

HJFM Limited (Registered number: 07977006)






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


HJFM Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs H Turnbull





REGISTERED OFFICE: 117-119 Cleethorpe Road
Grimsby
North East Lincs
DN31 3ET





REGISTERED NUMBER: 07977006 (England and Wales)






HJFM Limited (Registered number: 07977006)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 293,225 298,516
Investments 5 195,902 94,763
489,127 393,279

CURRENT ASSETS
Cash at bank 5,166 6,208

CREDITORS
Amounts falling due within one year 6 148,996 94,503
NET CURRENT LIABILITIES (143,830 ) (88,295 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

345,297

304,984

CREDITORS
Amounts falling due after more than one
year

7

(11,335

)

(13,940

)

PROVISIONS FOR LIABILITIES (7,720 ) -
NET ASSETS 326,242 291,044

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 326,142 290,944
SHAREHOLDERS' FUNDS 326,242 291,044

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 director acknowledges her 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.

HJFM Limited (Registered number: 07977006)

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 director and authorised for issue on 22 August 2024 and were signed by:





Mrs H Turnbull - Director


HJFM Limited (Registered number: 07977006)

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

1. STATUTORY INFORMATION

HJFM 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.

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 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 rares in order to write off each asset over its estimated useful life.
Land and buildings - Not provided on freehold land
Motor vehicles - 20% 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 balance sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Investments
Investments held as fixed assets are shown at the current market value. The surplus or deficit on the revaluation is charged to the income statement in the period to which it relates.

3. EMPLOYEES AND DIRECTORS

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

HJFM Limited (Registered number: 07977006)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 280,000 26,451 306,451
DEPRECIATION
At 1 April 2023 - 7,935 7,935
Charge for year - 5,291 5,291
At 31 March 2024 - 13,226 13,226
NET BOOK VALUE
At 31 March 2024 280,000 13,225 293,225
At 31 March 2023 280,000 18,516 298,516

The freehold land of £280,000 is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 26,451
DEPRECIATION
At 1 April 2023 7,935
Charge for year 5,291
At 31 March 2024 13,226
NET BOOK VALUE
At 31 March 2024 13,225
At 31 March 2023 18,516

HJFM Limited (Registered number: 07977006)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 94,763
Additions 84,500
Revaluations 16,639
At 31 March 2024 195,902
NET BOOK VALUE
At 31 March 2024 195,902
At 31 March 2023 94,763

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2021 2,729
Valuation in 2022 (152 )
Valuation in 2023 (1,562 )
Valuation in 2024 16,639
Cost 178,248
195,902

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 2,605 2,605
Taxation and social security 14,102 -
Other creditors 132,289 91,898
148,996 94,503

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 11,335 13,940

8. SECURED DEBTS

Hire purchase contracts are secured against the assets to which they relate.

9. ULTIMATE CONTROLLING PARTY

The director is the ultimate controlling party.