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Company Registration No. 11750884 (England and Wales)
MICHAELJOHN LONDON LTD Unaudited accounts for the year ended 31 January 2024
MICHAELJOHN LONDON LTD Unaudited accounts Contents
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MICHAELJOHN LONDON LTD Company Information for the year ended 31 January 2024
Director
Christine Lynne Warrington
Company Number
11750884 (England and Wales)
Registered Office
FLAT 5 34 HARRINGTON GARDENS SOUTH KENSINGTON LONDON SW7 4LT ENGLAND
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MICHAELJOHN LONDON LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,147 
7,171 
Tangible assets
23,282 
28,930 
29,429 
36,101 
Current assets
Inventories
25,000 
31,236 
Debtors
133,343 
32,891 
Cash at bank and in hand
122,466 
231,424 
280,809 
295,551 
Creditors: amounts falling due within one year
(107,633)
(141,141)
Net current assets
173,176 
154,410 
Total assets less current liabilities
202,605 
190,511 
Creditors: amounts falling due after more than one year
(88,834)
(112,657)
Net assets
113,771 
77,854 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
113,671 
77,754 
Shareholders' funds
113,771 
77,854 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2024 and were signed on its behalf by
Christine Lynne Warrington Director Company Registration No. 11750884
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MICHAELJOHN LONDON LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
MICHAELJOHN LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 11750884. The registered office is FLAT 5 34 HARRINGTON GARDENS, SOUTH KENSINGTON, LONDON, SW7 4LT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Reducing Balance
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
10,243 
At 31 January 2024
10,243 
Amortisation
At 1 February 2023
3,072 
Charge for the year
1,024 
At 31 January 2024
4,096 
Net book value
At 31 January 2024
6,147 
At 31 January 2023
7,171 
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MICHAELJOHN LONDON LTD Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
2,119 
405 
50,424 
19,412 
72,360 
At 31 January 2024
2,119 
405 
50,424 
19,412 
72,360 
Depreciation
At 1 February 2023
733 
239 
30,980 
11,478 
43,430 
Charge for the year
139 
33 
3,889 
1,587 
5,648 
At 31 January 2024
872 
272 
34,869 
13,065 
49,078 
Net book value
At 31 January 2024
1,247 
133 
15,555 
6,347 
23,282 
At 31 January 2023
1,386 
166 
19,444 
7,934 
28,930 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,994 
7,211 
Other debtors
131,349 
25,680 
133,343 
32,891 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
66,616 
102,585 
Taxes and social security
26,213 
26,550 
Other creditors
14,804 
12,006 
107,633 
141,141 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
88,834 
112,657 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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