IRIS Accounts Production v24.3.0.553 08357527 director 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083575272023-01-31083575272024-01-31083575272023-02-012024-01-31083575272022-01-31083575272022-02-012023-01-31083575272023-01-3108357527ns15:EnglandWales2023-02-012024-01-3108357527ns14:PoundSterling2023-02-012024-01-3108357527ns10:Director12023-02-012024-01-3108357527ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108357527ns10:SmallEntities2023-02-012024-01-3108357527ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108357527ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108357527ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108357527ns10:FullAccounts2023-02-012024-01-3108357527ns10:OrdinaryShareClass12023-02-012024-01-3108357527ns10:CompanySecretary12023-02-012024-01-3108357527ns10:RegisteredOffice2023-02-012024-01-3108357527ns5:CurrentFinancialInstruments2024-01-3108357527ns5:CurrentFinancialInstruments2023-01-3108357527ns5:Non-currentFinancialInstruments2024-01-3108357527ns5:Non-currentFinancialInstruments2023-01-3108357527ns5:ShareCapital2024-01-3108357527ns5:ShareCapital2023-01-3108357527ns5:RetainedEarningsAccumulatedLosses2024-01-3108357527ns5:RetainedEarningsAccumulatedLosses2023-01-3108357527ns5:FurnitureFittings2023-02-012024-01-3108357527ns5:PlantMachinery2023-01-3108357527ns5:PlantMachinery2023-02-012024-01-3108357527ns5:PlantMachinery2024-01-3108357527ns5:PlantMachinery2023-01-3108357527ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3108357527ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3108357527ns5:DeferredTaxation2023-01-3108357527ns5:DeferredTaxation2024-01-3108357527ns10:OrdinaryShareClass12024-01-31083575271ns10:Director12023-01-31083575271ns10:Director12022-01-31083575271ns10:Director12023-02-012024-01-31083575271ns10:Director12022-02-012023-01-31083575271ns10:Director12024-01-31083575271ns10:Director12023-01-31
REGISTERED NUMBER: 08357527 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 January 2024

for

JMJ Planning Limited

JMJ Planning Limited (Registered number: 08357527)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JMJ Planning Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: J A Stewart





SECRETARY: J A Stewart





REGISTERED OFFICE: Eldo House
Kempson Way
Bury St Edmunds
Suffolk
IP32 7AR





REGISTERED NUMBER: 08357527 (England and Wales)





ACCOUNTANTS: Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

JMJ Planning Limited (Registered number: 08357527)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,133 1,868

CURRENT ASSETS
Debtors 5 68,319 69,521
Cash at bank 7,347 1
75,666 69,522
CREDITORS
Amounts falling due within one year 6 74,100 64,608
NET CURRENT ASSETS 1,566 4,914
TOTAL ASSETS LESS CURRENT LIABILITIES 4,699 6,782

CREDITORS
Amounts falling due after more than one
year

7

(3,599

)

(6,299

)

PROVISIONS FOR LIABILITIES 8 (595 ) (355 )
NET ASSETS 505 128

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 405 28
SHAREHOLDERS' FUNDS 505 128

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

JMJ Planning Limited (Registered number: 08357527)

Balance Sheet - continued
31 January 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 director and authorised for issue on 30 October 2024 and were signed by:





J A Stewart - Director


JMJ Planning Limited (Registered number: 08357527)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

JMJ Planning Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 15% on reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other accounts receivable and payable, and loans from banks or other related parties.

Debt instruments, such as loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, such as the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

JMJ Planning Limited (Registered number: 08357527)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

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.

Impairment
At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

JMJ Planning Limited (Registered number: 08357527)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 4,602
Additions 2,075
Disposals (1,227 )
At 31 January 2024 5,450
DEPRECIATION
At 1 February 2023 2,734
Charge for year 492
Eliminated on disposal (909 )
At 31 January 2024 2,317
NET BOOK VALUE
At 31 January 2024 3,133
At 31 January 2023 1,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 39,131 57,148
Other debtors 29,188 12,373
68,319 69,521

Included in debtors is a loan owed to the company by the director. Interest has been charged at the official rate.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 4,110
Taxation and social security 57,300 54,373
Other creditors 16,800 6,125
74,100 64,608

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 3,599 6,299

JMJ Planning Limited (Registered number: 08357527)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 595 355

Deferred
tax
£   
Balance at 1 February 2023 355
Movement in year 240
Balance at 31 January 2024 595

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
J A Stewart
Balance outstanding at start of year 9,251 (88 )
Amounts advanced 138,047 114,130
Amounts repaid (121,232 ) (104,791 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 26,066 9,251