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Company Registration No. 08369068 (England and Wales)
MJH Ventures Limited Unaudited accounts for the year ended 31 January 2024
MJH Ventures Limited Unaudited accounts Contents
Page
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MJH Ventures Limited Company Information for the year ended 31 January 2024
Directors
Alison Holt Martin Holt
Company Number
08369068 (England and Wales)
Registered Office
54 Guildford Road HORSHAM West Sussex RH12 1LX England
Accountants
AGL Tax Solutions LLP 2A Station Yard Haddington East Lothian EH41 3PP
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MJH Ventures Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,213 
2,432 
Current assets
Inventories
20,000 
- 
Debtors
6,052 
- 
Cash at bank and in hand
17,244 
21,627 
43,296 
21,627 
Creditors: amounts falling due within one year
(25,390)
(390)
Net current assets
17,906 
21,237 
Net assets
19,119 
23,669 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
19,118 
23,668 
Shareholders' funds
19,119 
23,669 
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 directors acknowledge their 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 of Directors and authorised for issue on 26 October 2024 and were signed on its behalf by
Martin Holt Director Company Registration No. 08369068
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MJH Ventures Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
MJH Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 08369068. The registered office is 54 Guildford Road, , HORSHAM, West Sussex, RH12 1LX, 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
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue. The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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:
Computer equipment
33% straight line
Presentation currency
The accounts are presented in £ sterling.
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MJH Ventures Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
8,853 
At 31 January 2024
8,853 
Depreciation
At 1 February 2023
6,421 
Charge for the year
1,219 
At 31 January 2024
7,640 
Net book value
At 31 January 2024
1,213 
At 31 January 2023
2,432 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
1,052 
Other debtors
5,000 
- 
6,052 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
25,000 
- 
Accruals
390 
390 
25,390 
390 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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