IRIS Accounts Production v24.3.2.46 11935898 Board of Directors 1.5.23 30.4.24 30.4.24 24.1.25 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119358982023-04-30119358982024-04-30119358982023-05-012024-04-30119358982022-04-30119358982022-05-012023-04-30119358982023-04-3011935898ns15:EnglandWales2023-05-012024-04-3011935898ns14:PoundSterling2023-05-012024-04-3011935898ns10:Director12023-05-012024-04-3011935898ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011935898ns10:SmallEntities2023-05-012024-04-3011935898ns10:Audited2023-05-012024-04-3011935898ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011935898ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011935898ns10:FullAccounts2023-05-012024-04-3011935898ns10:OrdinaryShareClass12023-05-012024-04-3011935898ns10:Director22023-05-012024-04-3011935898ns10:RegisteredOffice2023-05-012024-04-3011935898ns5:CurrentFinancialInstruments2024-04-3011935898ns5:CurrentFinancialInstruments2023-04-3011935898ns5:ShareCapital2024-04-3011935898ns5:ShareCapital2023-04-3011935898ns5:RetainedEarningsAccumulatedLosses2024-04-3011935898ns5:RetainedEarningsAccumulatedLosses2023-04-3011935898ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3011935898ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3011935898ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 11935898 (England and Wales)






















Financial Statements

for the Year Ended 30 April 2024

for

FJN Management Services Ltd

FJN Management Services Ltd (Registered number: 11935898)






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 3


FJN Management Services Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: S S Mei
Mrs C Huang



REGISTERED OFFICE: 15 Newland
Lincoln
Lincolnshire
LN1 1XG



REGISTERED NUMBER: 11935898 (England and Wales)



SENIOR STATUTORY AUDITOR: James Sewell BA(Hons) FCA CTA



AUDITORS: Wright Vigar Limited
Statutory Auditors
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

FJN Management Services Ltd (Registered number: 11935898)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 433,678 231,612
Cash in hand 4,272 8,193
437,950 239,805
CREDITORS
Amounts falling due within one year 5 267,871 119,266
NET CURRENT ASSETS 170,079 120,539
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,079

120,539

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 169,979 120,439
SHAREHOLDERS' FUNDS 170,079 120,539

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 24 January 2025 and were signed on its behalf by:





S S Mei - Director


FJN Management Services Ltd (Registered number: 11935898)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

FJN Management Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 48 (2023 - 18 ) .

FJN Management Services Ltd (Registered number: 11935898)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 175,749 211,512
Other debtors 257,929 20,100
433,678 231,612

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 24
Taxation and social security 187,346 45,197
Other creditors 80,525 74,045
267,871 119,266

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Sewell BA(Hons) FCA CTA (Senior Statutory Auditor)
for and on behalf of Wright Vigar Limited

8. ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The company is a wholly owned subsidiary of Touch Global (UK) Limited incorporated in the United Kingdom.

The parent undertaking and both the smallest and largest group of which the company was a member during the year, and for which the group financial statements were prepared was Touch Global Holding Limited, a company incorporated in the United Kingdom.

Copies of the Touch Global Holding Group financial statements are available at the following address; 15 Newland, Lincoln, Lincolnshire, LN1 1XG.

9. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the fund and amount to £34,761 (2023: £7,190). There were outstanding contributions at the end of the financial year of £8,870 (2023: £1,722).