2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07590797 2023-05-01 2024-04-30 07590797 2024-04-30 07590797 2023-04-30 07590797 2022-05-01 2023-04-30 07590797 2023-04-30 07590797 2022-04-30 07590797 bus:Director1 2023-05-01 2024-04-30 07590797 core:WithinOneYear 2024-04-30 07590797 core:WithinOneYear 2023-04-30 07590797 core:AfterOneYear 2023-04-30 07590797 core:ShareCapital 2024-04-30 07590797 core:ShareCapital 2023-04-30 07590797 core:RetainedEarningsAccumulatedLosses 2024-04-30 07590797 core:RetainedEarningsAccumulatedLosses 2023-04-30 07590797 bus:SmallEntities 2023-05-01 2024-04-30 07590797 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07590797 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07590797 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07590797 bus:FullAccounts 2023-05-01 2024-04-30 07590797 core:AfterOneYear 2023-05-01 2024-04-30
COMPANY REGISTRATION NUMBER: 07590797
CJF Change Management Limited
Filleted Unaudited Financial Statements
For the year ended
30 April 2024
CJF Change Management Limited
Statement of Financial Position
30 April 2024
2024
2023
Note
£
£
Current assets
Debtors
5
82,029
58,915
Cash at bank and in hand
22,023
31,720
---------
--------
104,052
90,635
Creditors: amounts falling due within one year
6
37,805
38,338
---------
--------
Net current assets
66,247
52,297
--------
--------
Total assets less current liabilities
66,247
52,297
Creditors: amounts falling due after more than one year
7
15,750
--------
--------
Net assets
66,247
36,547
--------
--------
Capital and reserves
Called up share capital
2
2
Profit and loss account
66,245
36,545
--------
--------
Shareholders funds
66,247
36,547
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 23 October 2024 , and are signed on behalf of the board by:
C J Faulkner
Director
Company registration number: 07590797
CJF Change Management Limited
Notes to the Financial Statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford, MK44 3BZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for services rendered, stated net of discounts and of value added tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year with reference to the stage of completion.
Taxation
The taxation expense represents the amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Debtors
2024
2023
£
£
Trade debtors
15,960
22,680
Other debtors
66,069
36,235
--------
--------
82,029
58,915
--------
--------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
6,417
Social security and other taxes
35,419
30,302
Other creditors
2,386
1,619
--------
--------
37,805
38,338
--------
--------
The bank loan of £nil (2023 £6,471) was provided to the company under the government's Bounce Back Loan Scheme .
7. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
15,750
----
--------
The bank loan of £nil (2023 £15,750) was provided to the company under the government's Bounce Back Loan Scheme.
8. Directors' advances, credits and guarantees
The directors maintain a loan account with the company. At the start of the year the company owed the directors £35,826. During the year, the directors received advances of £96,254 and made repayments of £67,888. At the reporting date the directors owed the company £65,580. Interest was charged at 2% for a total of £1,388 (2023 £250).