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REGISTERED NUMBER: 13060274 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

AMJ Group Property Ltd

AMJ Group Property Ltd (Registered number: 13060274)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMJ Group Property Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: A M James
M J James
P M James





REGISTERED OFFICE: Unit H1 Anlaby Trade Park
Springfield Way
Anlaby
Hull
East Yorkshire
HU10 6RJ





REGISTERED NUMBER: 13060274 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

AMJ Group Property Ltd (Registered number: 13060274)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 550,510 448,285

CURRENT ASSETS
Debtors 5 3 3
Cash at bank 2,293 3,383
2,296 3,386
CREDITORS
Amounts falling due within one year 6 228,863 193,681
NET CURRENT LIABILITIES (226,567 ) (190,295 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

323,943

257,990

CREDITORS
Amounts falling due after more than one
year

7

356,641

298,618
NET LIABILITIES (32,698 ) (40,628 )

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings (32,701 ) (40,631 )
(32,698 ) (40,628 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

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

AMJ Group Property Ltd (Registered number: 13060274)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





P M James - Director


AMJ Group Property Ltd (Registered number: 13060274)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

AMJ Group Property Ltd 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. 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.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

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.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2023 - NIL).

AMJ Group Property Ltd (Registered number: 13060274)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 448,285
Additions 102,225
At 30 June 2024 550,510
NET BOOK VALUE
At 30 June 2024 550,510
At 30 June 2023 448,285

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3 3

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 15,908 12,416
Trade creditors 67 66
Taxation and social security 1,824 2,135
Other creditors 211,064 179,064
228,863 193,681

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 356,641 298,618

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 285,809 243,154

8. RELATED PARTY DISCLOSURES

Included in Other Creditors are the following inter-company balances: -
AMJ Group Holdings Ltd £89,069 a company owned by and controlled by all 3 directors.
AMJ Maintenance Ltd £95,995 a company owned by AMJ Group Holdings Ltd.
AMJ Modular Ltd £26,000 a company owned by AMJ Group Holdings Ltd.

AMJ Group Property Ltd (Registered number: 13060274)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is AMJ Group Holdings Ltd.

The directors regard the ultimate controlling party as AMJ Group Holdings Ltd which owns 100% of the share capital. All three directors are the sole directors and sole shareholders of AMJ Group Holdings Ltd.