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REGISTERED NUMBER: 14082012 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 May 2024

for

AMJ Properties Group Limited

AMJ Properties Group Limited (Registered number: 14082012)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMJ Properties Group Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr T Bostan
Mrs A Arama





REGISTERED OFFICE: 10 Sycamore Crescent
Trefechan
Merthyr Tydfil
CF48 2ET





REGISTERED NUMBER: 14082012 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

AMJ Properties Group Limited (Registered number: 14082012)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 151 -
Investment property 5 250,000 250,000
250,151 250,000

CURRENT ASSETS
Debtors 6 2,050 -
Cash at bank 629 11,462
2,679 11,462
CREDITORS
Amounts falling due within one year 7 31,268 37,934
NET CURRENT LIABILITIES (28,589 ) (26,472 )
TOTAL ASSETS LESS CURRENT LIABILITIES 221,562 223,528

CREDITORS
Amounts falling due after more than one year 8 (190,297 ) (186,268 )

PROVISIONS FOR LIABILITIES (15,219 ) -
NET ASSETS 16,046 37,260

CAPITAL AND RESERVES
Called up share capital 10 2 2
Fair value reserve 11 64,758 -
Retained earnings 11 (48,714 ) 37,258
SHAREHOLDERS' FUNDS 16,046 37,260

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

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

AMJ Properties Group Limited (Registered number: 14082012)

Balance Sheet - continued
31 May 2024


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 29 January 2025 and were signed on its behalf by:





Mr T Bostan - Director


AMJ Properties Group Limited (Registered number: 14082012)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

AMJ Properties 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 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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

AMJ Properties Group Limited (Registered number: 14082012)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 188
At 31 May 2024 188
DEPRECIATION
Charge for year 37
At 31 May 2024 37
NET BOOK VALUE
At 31 May 2024 151

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 250,000
NET BOOK VALUE
At 31 May 2024 250,000
At 31 May 2023 250,000

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2023 79,949
Cost 170,051
250,000

If the investment property had not been revalued it would have been included at the following historical cost:

31.5.24 31.5.23
£    £   
Cost 170,051 170,051

Investment property was valued on an open market basis on 31 May 2024 by the Directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 2,050 -

AMJ Properties Group Limited (Registered number: 14082012)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 1,195 -
Social security and other taxes 535 -
Other creditors 2,050 -
Directors' current accounts 26,468 36,494
Accrued expenses 1,020 1,440
31,268 37,934

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans more 5 yrs non-inst 190,297 186,268

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 190,297 186,268

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Mortgage 190,297 186,268

The bank loan is secured by personal guarantee of the Directors

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2

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

At 1 June 2023 37,258 - 37,258
Deficit for the year (21,214 ) (21,214 )
Assets revalued in period (64,758 ) 64,758 -
At 31 May 2024 (48,714 ) 64,758 16,044