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Company Registration No. 08891757 (England and Wales)
M & J PROPERTY MANAGEMENT LTD Unaudited accounts for the year ended 29 February 2024
M & J PROPERTY MANAGEMENT LTD Unaudited accounts Contents
Page
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M & J PROPERTY MANAGEMENT LTD Company Information for the year ended 29 February 2024
Directors
Maureen Slade Jacqueline Slade
Company Number
08891757 (England and Wales)
Registered Office
PROJECT H LTD BEADLE HOUSE BULL PLAIN HERTFORD HERTFORDSHIRE SG14 1DT ENGLAND
Accountants
Project H Limited Accountants Beadle House Bull Plain Hertford Hertfordshire SG14 1DT
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M & J PROPERTY MANAGEMENT LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
906,498 
920,767 
Current assets
Debtors
96,920 
47,834 
Cash at bank and in hand
74,224 
72,552 
171,144 
120,386 
Creditors: amounts falling due within one year
(321,260)
(254,695)
Net current liabilities
(150,116)
(134,309)
Total assets less current liabilities
756,382 
786,458 
Creditors: amounts falling due after more than one year
(617,142)
(630,644)
Net assets
139,240 
155,814 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
139,238 
155,812 
Shareholders' funds
139,240 
155,814 
For the year ending 29 February 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 9 August 2024 and were signed on its behalf by
Maureen Slade Director Company Registration No. 08891757
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M & J PROPERTY MANAGEMENT LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
M & J PROPERTY MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 08891757. The registered office is PROJECT H LTD BEADLE HOUSE, BULL PLAIN, HERTFORD, HERTFORDSHIRE, SG14 1DT, 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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
849,421 
77,832 
927,253 
At 29 February 2024
849,421 
77,832 
927,253 
Depreciation
At 1 March 2023
- 
6,486 
6,486 
Charge for the year
- 
14,269 
14,269 
At 29 February 2024
- 
20,755 
20,755 
Net book value
At 29 February 2024
849,421 
57,077 
906,498 
At 28 February 2023
849,421 
71,346 
920,767 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
96,920 
46,920 
Accrued income and prepayments
- 
914 
96,920 
47,834 
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M & J PROPERTY MANAGEMENT LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
13,502 
13,502 
Taxes and social security
8,165 
1,279 
Loans from directors
299,593 
239,914 
321,260 
254,695 
During the year the directors entered into the following advances and credits with the company: 2022 2021 Mrs M Slade £276,544 £269,011
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
607,690 
607,690 
Obligations under finance leases and hire purchase contracts
9,452 
22,954 
617,142 
630,644 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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