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REGISTERED NUMBER: 06783707 (England and Wales)












CAJ GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CAJ GROUP LIMITED (REGISTERED NUMBER: 06783707)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CAJ GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr C A Joannou
Mrs S R Joannou
Mrs A C Georgiou





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 06783707 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

CAJ GROUP LIMITED (REGISTERED NUMBER: 06783707)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 8,446,470 8,445,198

CURRENT ASSETS
Debtors 5 638,654 455,843
Cash at bank and in hand 9,058 256
647,712 456,099
CREDITORS
Amounts falling due within one year 6 59,951 58,050
NET CURRENT ASSETS 587,761 398,049
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,034,231

8,843,247

CAPITAL AND RESERVES
Called up share capital 9 50,000 50,000
Fair value reserve 10 7,376,703 7,376,703
Retained earnings 10 1,607,528 1,416,544
SHAREHOLDERS' FUNDS 9,034,231 8,843,247

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Board of Directors and authorised for issue on 3 December 2024 and were signed on its behalf by:





Mr C A Joannou - Director


CAJ GROUP LIMITED (REGISTERED NUMBER: 06783707)

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


1. STATUTORY INFORMATION

Caj Group 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. The company adopted FRS 102 1A in the current year and an explanation of how transition of FRS 102 1A has affected the reported financial position and performance is given in the notes.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below:

Corporation tax
Significant judgement is required in determining the provision for corporation tax. There are transactions and calculations for which the ultimate tax determination is uncertain during the ordinary course of business. The Company recognises liabilities for anticipated tax issues based on estimates of whether additional taxes will be due. Where the final tax outcome of these matters is different from the amounts that were initially recorded, such differences will impact the corporation tax and deferred tax provisions in the period in which such determination is made.

Dividend and interest receivable
Dividend income from investments is recognised when the shareholders' rights to receive payment have been established and the amount of revenue can be measured reliably..

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable.

Investments in subsidiaries
An associate is an entity over which the company has significant influence and that is neither a subsidiary nor an interest in a joint venture. Significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control over those policies. Investments in associates are initially accounted for at the transaction price. At each reporting date investments in associates are measured at fair value, with changes in fair value recognised in other comprehensive income.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

CAJ GROUP LIMITED (REGISTERED NUMBER: 06783707)

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


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.

Interest in other participating interests
An associate is an entity over which the company has significant influence and that is neither a subsidiary nor an interest in a joint venture. Significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control over those policies. Investments in associates are initially accounted for at the transaction price. At each reporting date investments in associates are measured at fair value, with changes in fair value recognised in other comprehensive income.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group Unlisted
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 2,763 8,442,435 8,445,198
Additions - 17,035 17,035
Disposals (2,763 ) (13,000 ) (15,763 )
At 31 March 2024 - 8,446,470 8,446,470
NET BOOK VALUE
At 31 March 2024 - 8,446,470 8,446,470
At 31 March 2023 2,763 8,442,435 8,445,198

CAJ GROUP LIMITED (REGISTERED NUMBER: 06783707)

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


4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Unlisted
investments
£   
Valuation in 2023 7,376,703
Cost 1,069,767
8,446,470

If Fixed asset investment had not been revalued they would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 1,069,767 1,065,732

Fixed asset investment were valued on an open market basis on 31 March 2024 by the directors. .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors - 47,500
Related companies 638,654 408,343
638,654 455,843

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts (see note 7) 22,549 31,673
Corporation tax - 209
Other creditors 24,500 24,500
Directors' loan accounts 12,402 1,168
Accruals and deferred income 500 500
59,951 58,050

7. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.3.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 22,549 31,673

CAJ GROUP LIMITED (REGISTERED NUMBER: 06783707)

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


8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 22,549 31,673

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
50,000 Ordinary £1 50,000 50,000

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2023 1,416,544 7,376,703 8,793,247
Profit for the year 340,984 340,984
Dividends (150,000 ) (150,000 )
At 31 March 2024 1,607,528 7,376,703 8,984,231

11. ULTIMATE CONTROLLING PARTY

The Company is under the control of the CAJ Capital Trust as a result of holding 100% of the issued share capital of the Company.