1 November 2023 v2024.67.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP129781592023-11-012024-10-31129781592024-10-31129781592023-10-3112978159core:WithinOneYear2024-10-3112978159core:WithinOneYear2023-10-3112978159core:AfterOneYear2024-10-3112978159core:AfterOneYear2023-10-3112978159core:ShareCapital2024-10-3112978159core:ShareCapital2023-10-3112978159core:RetainedEarningsAccumulatedLosses2024-10-3112978159core:RetainedEarningsAccumulatedLosses2023-10-3112978159bus:Director12023-11-012024-10-3112978159bus:RegisteredOffice2023-11-012024-10-31129781592022-11-012023-10-3112978159core:CostValuation2023-11-0112978159core:CostValuation2024-10-311297815912023-11-012024-10-3112978159countries:EnglandWales2023-11-012024-10-3112978159bus:AuditExemptWithAccountantsReport2023-11-012024-10-3112978159bus:PrivateLimitedCompanyLtd2023-11-012024-10-3112978159bus:SmallEntities2023-11-012024-10-3112978159bus:FullAccounts2023-11-012024-10-31
Company registration number:
12978159
KJJ Enterprises Limited
Unaudited Filleted Financial Statements for the year ended
31 October 2024
KJJ Enterprises Limited
Statement of Financial Position
31 October 2024
20242023
Note££
Fixed assets    
Investments 5
442,715
 
442,715
 
Current assets    
Debtors 6
29,284
 
18,635
 
Cash at bank and in hand
5,780
 
10,649
 
35,064
 
29,284
 
Creditors: amounts falling due within one year 7
(3,873
)
(8,344
)
Net current assets
31,191
 
20,940
 
Total assets less current liabilities 473,906   463,655  
Creditors: amounts falling due after more than one year 8
(451,175
)
(451,175
)
Net assets
22,731
 
12,480
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
22,631
 
12,380
 
Shareholders funds
22,731
 
12,480
 
For the year ending
31 October 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
7 January 2025
, and are signed on behalf of the board by:
Mr Karl Jarvis
Director
Company registration number:
12978159
KJJ Enterprises Limited
Notes to the Financial Statements
Year ended
31 October 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
40 King Street
,
West Malling
,
Kent
,
ME19 6QT
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

5 Investments

Other investments other than loans
£
Cost  
At
1 November 2023
442,715
 
At
31 October 2024
442,715
 
Impairment  
At
1 November 2023
and
31 October 2024
-  
Carrying amount  
At
31 October 2024
442,715
 
At 31 October 2023
442,715
 

Investments held at valuation

In respect of fixed asset investments held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
20242023
Other investments other than loansOther investments other than loans
££
Aggregate historical cost 442,715   442,715  
Carrying amount 442,715   442,715  

6 Debtors

20242023
££
Other debtors
29,284
 
18,635
 

7 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
2,639
 
2,370
 
Other creditors
1,234
 
5,974
 
3,873
 
8,344
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
302,175
 
302,175
 
Other creditors
149,000
 
149,000
 
451,175
 
451,175
 

9 Share capital

During the period, the company had ordinary share capital (£1 per share) of £100 Allotted, called up and fully paid (2023: £100).