Registration number:
MJO Holdings Limited
for the Year Ended 31 December 2023
MJO Holdings Limited
(Registration number: 11866245)
Balance Sheet as at 31 December 2023
Note |
2023 |
2022 |
|
Fixed assets |
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Investments |
1,424,451 |
1,424,451 |
|
Current assets |
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Debtors |
|
|
|
Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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|
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Capital and reserves |
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Called up share capital |
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Share premium reserve |
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|
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Profit and loss account |
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Total equity |
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MJO Holdings Limited
(Registration number: 11866245)
Balance Sheet as at 31 December 2023
For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the
.........................................
Director
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Director
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Director
MJO Holdings Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Accounting policies |
MJO Holdings Limited is a private company, limited by shares, domiciled in England and Wales, company number 11866245. The registered office is at
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Financial instruments
Classification
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
MJO Holdings Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Investments |
Investment |
Total |
|
Cost |
||
At 1 January 2023 |
1,424,451 |
1,424,451 |
At 31 December 2023 |
1,424,451 |
1,424,451 |
Carrying amount |
||
At 31 December 2023 |
|
1,424,451 |
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Country of Incorporation |
Holding |
Proportion of voting rights and shares held 2020 |
Subsidiary undertakings |
|||
Martin Johnson Opticians Limited |
England |
Ordinary |
100% |
Debtors |
2023 |
2022 |
|
Other debtors |
|
|
|
|
MJO Holdings Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
|
Due within one year |
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Bank loans |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Directors loan account |
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Creditors: amounts falling due after more than one year
2023 |
2022 |
|
Due after one year |
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Bank loans |
|
|
Directors loan account |
- |
|
136,923 |
331,917 |
The bank loan totalling £198,355 is secured by way of guarantee from the directors.
Parent and ultimate parent undertaking |
The ultimate controlling party of the company is the directors through their 100% shareholding in the company.