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Company Registration No. 10761863 (England and Wales)
MDJ Investments Limited Unaudited accounts for the year ended 31 January 2024
MDJ Investments Limited Unaudited accounts Contents
Page
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MDJ Investments Limited Company Information for the year ended 31 January 2024
Directors
Mr Manga Singh Dhillon Mr Gurjeet Dhillon Mr Baldeep Dhillon
Company Number
10761863 (England and Wales)
Registered Office
Unit B Endeavour Park London Road Addington West Malling Kent ME19 5SH United Kingdom
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MDJ Investments Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,716,667 
2,916,667 
Tangible assets
645,389 
674,871 
Investments
75 
75 
3,362,131 
3,591,613 
Current assets
Inventories
57,569 
70,575 
Debtors
1,883,772 
2,914,083 
Cash at bank and in hand
1,358,961 
191,708 
3,300,302 
3,176,366 
Creditors: amounts falling due within one year
(6,095,835)
(5,960,355)
Net current liabilities
(2,795,533)
(2,783,989)
Total assets less current liabilities
566,598 
807,624 
Creditors: amounts falling due after more than one year
(14,806)
(24,947)
Net assets
551,792 
782,677 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
551,692 
782,577 
Shareholders' funds
551,792 
782,677 
For the year ending 31 January 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 15 July 2024 and were signed on its behalf by
Mr Gurjeet Dhillon Director Company Registration No. 10761863
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MDJ Investments Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
MDJ Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 10761863. The registered office is Unit B Endeavour Park, London Road, Addington West Malling, Kent, ME19 5SH, United Kingdom.
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
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. 20 Years Straight line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
4,000,000 
At 31 January 2024
4,000,000 
Amortisation
At 1 February 2023
1,083,333 
Charge for the year
200,000 
At 31 January 2024
1,283,333 
Net book value
At 31 January 2024
2,716,667 
At 31 January 2023
2,916,667 
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MDJ Investments Limited Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
76,046 
1,355,309 
1,431,355 
Additions
- 
86,302 
86,302 
At 31 January 2024
76,046 
1,441,611 
1,517,657 
Depreciation
At 1 February 2023
30,959 
725,525 
756,484 
Charge for the year
11,272 
104,512 
115,784 
At 31 January 2024
42,231 
830,037 
872,268 
Net book value
At 31 January 2024
33,815 
611,574 
645,389 
At 31 January 2023
45,087 
629,784 
674,871 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2023
75 
Valuation at 31 January 2024
75 
Investment in subsidiaries have been valued at cost less impairment. The company owns 20% or more shares in the following company: Company Name/% holding/Total capital & reserve/Profit/(Loss) for the year: SF 247 West Ltd /75%/ (892,817)/ £80,511
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
80,217 
70,170 
Amounts due from group undertakings etc.
1,258,000 
1,437,566 
Accrued income and prepayments
50,358 
- 
Other debtors
495,197 
1,406,347 
1,883,772 
2,914,083 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,140 
9,890 
Trade creditors
303,234 
361,281 
Amounts owed to group undertakings and other participating interests
5,393,559 
4,524,379 
Taxes and social security
301,794 
245,236 
Other creditors
87,108 
819,569 
6,095,835 
5,960,355 
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MDJ Investments Limited Notes to the Accounts for the year ended 31 January 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,806 
24,947 
10
Average number of employees
During the year the average number of employees was 198 (2023: 233).
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