Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3112023-04-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02033882 2023-04-01 2024-03-31 02033882 2022-04-01 2023-03-31 02033882 2024-03-31 02033882 2023-03-31 02033882 c:Director1 2023-04-01 2024-03-31 02033882 d:ComputerEquipment 2023-04-01 2024-03-31 02033882 d:ComputerEquipment 2024-03-31 02033882 d:ComputerEquipment 2023-03-31 02033882 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02033882 d:FreeholdInvestmentProperty 2024-03-31 02033882 d:FreeholdInvestmentProperty 2023-03-31 02033882 d:CurrentFinancialInstruments 2024-03-31 02033882 d:CurrentFinancialInstruments 2023-03-31 02033882 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02033882 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02033882 d:ShareCapital 2024-03-31 02033882 d:ShareCapital 2023-03-31 02033882 d:CapitalRedemptionReserve 2024-03-31 02033882 d:CapitalRedemptionReserve 2023-03-31 02033882 d:InvestmentPropertiesRevaluationReserve 2024-03-31 02033882 d:InvestmentPropertiesRevaluationReserve 2023-03-31 02033882 d:RetainedEarningsAccumulatedLosses 2024-03-31 02033882 d:RetainedEarningsAccumulatedLosses 2023-03-31 02033882 c:FRS102 2023-04-01 2024-03-31 02033882 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02033882 c:FullAccounts 2023-04-01 2024-03-31 02033882 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 02033882







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


J.M.J. HOLDINGS LIMITED






































img1ec4.png                        

 


J.M.J. HOLDINGS LIMITED
REGISTERED NUMBER:02033882



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
1,058
1,468

Investment property
 5 
950,000
950,000

  
951,058
951,468

Current assets
  

Debtors: amounts falling due within one year
 6 
6,667
6,667

Bank and cash balances
  
62,858
71,179

  
69,525
77,846

Creditors: amounts falling due within one year
 7 
(23,300)
(19,913)

Net current assets
  
 
 
46,225
 
 
57,933

Total assets less current liabilities
  
997,283
1,009,401

Provisions for liabilities
  

Deferred tax
  
(31,346)
(31,346)

  
 
 
(31,346)
 
 
(31,346)

Net assets
  
965,937
978,055


Capital and reserves
  

Called up share capital 
  
49
49

Capital redemption reserve
  
50
50

Investment property reserve
  
468,528
468,528

Profit and loss account
  
497,310
509,428

  
965,937
978,055


Page 1

 


J.M.J. HOLDINGS LIMITED
REGISTERED NUMBER:02033882


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




___________________________
M A Lee
Director

Date: 7 November 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


J.M.J. HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

JMJ Holdings 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

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Revenue recognition
Rental income is recognised in the income statement on a straight line basis over the year in which the rental relates.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 


J.M.J. HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 


J.M.J. HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2023
1,639



At 31 March 2024

1,639



Depreciation


At 1 April 2023
171


Charge for the year on owned assets
410



At 31 March 2024

581



Net book value



At 31 March 2024
1,058



At 31 March 2023
1,468

Page 5

 


J.M.J. HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
950,000



At 31 March 2024
950,000


Comprising


Cost
450,126

Annual revaluation surplus/(deficit):


2019
499,874

At 31 March 2024
950,000

The 2024 valuations were made by the directors, based on local investment property valuations, on an open market value for existing use basis.

2024
2023
£
£

Revaluation reserves


At 1 April 2023
468,528
468,528

At 31 March 2024
468,528
468,528





6.


Debtors

2024
2023
£
£


Trade debtors
6,667
6,667

6,667
6,667


Page 6

 


J.M.J. HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
15,915
12,528

Other creditors
6,785
6,785

Accruals and deferred income
600
600

23,300
19,913



8.


Related party transactions

At the balance sheet date the company owed £6,785 (2023: £6,785) to the director. The balance can be found within creditors due within one year. No interest is being charged on this loan.

 
Page 7