Acorah Software Products - Accounts Production 15.0.600 false true false 17 April 2023 30 April 2024 30 April 2024 14809798 Mr Stephen Burrows iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14809798 2023-04-16 14809798 2024-04-30 14809798 2023-04-17 2024-04-30 14809798 frs-core:CurrentFinancialInstruments 2024-04-30 14809798 frs-core:ShareCapital 2024-04-30 14809798 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14809798 frs-bus:PrivateLimitedCompanyLtd 2023-04-17 2024-04-30 14809798 frs-bus:FilletedAccounts 2023-04-17 2024-04-30 14809798 frs-bus:SmallEntities 2023-04-17 2024-04-30 14809798 frs-bus:AuditExempt-NoAccountantsReport 2023-04-17 2024-04-30 14809798 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-17 2024-04-30 14809798 frs-core:CostValuation 2023-04-16 14809798 frs-core:AdditionsToInvestments 2024-04-30 14809798 frs-core:CostValuation 2024-04-30 14809798 frs-core:ProvisionsForImpairmentInvestments 2023-04-16 14809798 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 14809798 frs-bus:Director1 2023-04-17 2024-04-30 14809798 frs-countries:EnglandWales 2023-04-17 2024-04-30
Registered number: 14809798
Minerals Marketing SJB Holdings Limited
Unaudited Financial Statements
For the Period 17 April 2023 to 30 April 2024
Sempar Accountancy and Tax Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14809798
30 April 2024
Notes £ £
FIXED ASSETS
Investments 4 8,695
8,695
CURRENT ASSETS
Debtors 5 10,914
Cash at bank and in hand 512,278
523,192
Creditors: Amounts Falling Due Within One Year 6 (11,069 )
NET CURRENT ASSETS (LIABILITIES) 512,123
TOTAL ASSETS LESS CURRENT LIABILITIES 520,818
NET ASSETS 520,818
CAPITAL AND RESERVES
Called up share capital 7 300
Profit and Loss Account 520,518
SHAREHOLDERS' FUNDS 520,818
For the period ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Stephen Burrows
Director
10 October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Minerals Marketing SJB Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14809798 . The registered office is 8 Talbot Way, Nantwich, Cheshire, CW5 7RQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.3. Investements
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. They are measured at fair value through profit and loss if the investments are publically traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investments
Joint Ventures
£
Cost
As at 17 April 2023 -
Additions 8,695
As at 30 April 2024 8,695
Provision
As at 17 April 2023 -
As at 30 April 2024 -
...CONTINUED
Page 2
Page 3
Net Book Value
As at 30 April 2024 8,695
As at 17 April 2023 -
5. Debtors
30 April 2024
£
Due within one year
Prepayments and accrued income 10,614
Other debtors 300
10,914
6. Creditors: Amounts Falling Due Within One Year
30 April 2024
£
Trade creditors 103
Corporation tax 2,271
Other creditors 15
Director's loan account 135
Amounts owed to joint ventures 8,545
11,069
7. Share Capital
30 April 2024
£
Allotted, Called up and fully paid 300
8. Directors Advances, Credits and Guarantees
Dividends paid to director and close family £336,398
9. Related Party Transactions
Dividends received from joint venture £850,103.
Page 3