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REGISTERED NUMBER: 05575497 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

MLJ PROPERTY COMPANY LIMITED

MLJ PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 05575497)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MLJ PROPERTY COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: T J Jackson
D M Jackson



SECRETARY: T J Jackson



REGISTERED OFFICE: Copia House
Great Cliffe Court
Great Cliffe Road
Barnsley
South Yorkshire
S75 3SP



REGISTERED NUMBER: 05575497 (England and Wales)



ACCOUNTANTS: Reed Smith Associates Limited
Copia House
Great Cliffe Court
Great Cliffe Road
Barnsley
South Yorkshire
S75 3SP



BANKERS: National Westminster Bank plc
Market Hill
Barnsley
South Yorkshire
S70 2QU

MLJ PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 05575497)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 7,350 10,157
Investments 5 - 3,000
7,350 13,157

CURRENT ASSETS
Debtors 6 14,063 12,950
Cash at bank 369,144 394,644
383,207 407,594
CREDITORS
Amounts falling due within one year 7 46,885 62,146
NET CURRENT ASSETS 336,322 345,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

343,672

358,605

PROVISIONS FOR LIABILITIES 1,837 2,539
NET ASSETS 341,835 356,066

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 341,833 356,064
SHAREHOLDERS' FUNDS 341,835 356,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MLJ PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 05575497)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by:




T J Jackson - Director



D M Jackson - Director


MLJ PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 05575497)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

MLJ Property Company 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.

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
Revenue 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 and fixtures - 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

MLJ PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 05575497)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. PROPERTY, PLANT AND EQUIPMENT
Office
equipment
and
fixtures
£   
COST
At 1 May 2023 56,344
Additions 953
Disposals (365 )
At 30 April 2024 56,932
DEPRECIATION
At 1 May 2023 46,187
Charge for year 3,760
Eliminated on disposal (365 )
At 30 April 2024 49,582
NET BOOK VALUE
At 30 April 2024 7,350
At 30 April 2023 10,157

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023 3,000
Disposals (3,000 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 3,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 7,455 7,555
Prepayments and other debtors 6,608 5,395
14,063 12,950

MLJ PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 05575497)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 7,873 6,383
Taxation and social security 33,230 44,169
Other creditors 5,782 11,594
46,885 62,146

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors Mr and Mrs Jackson by virtue of their controlling shareholdings.