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REGISTERED NUMBER: 12535137 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

CJ LOVE GROUP LTD

CJ LOVE GROUP LTD (REGISTERED NUMBER: 12535137)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CJ LOVE GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: D J Love
C J Love
Mrs J Love
M J Love
Mrs J G Love





REGISTERED OFFICE: The White House Cocksure Lane
Bunkers Hill
Sidcup
Kent
DA14 5EX





REGISTERED NUMBER: 12535137 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

CJ LOVE GROUP LTD (REGISTERED NUMBER: 12535137)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 889,332 873,586
Investments 5 200 200
889,532 873,786

CURRENT ASSETS
Debtors 6 16,584 2,791
Cash at bank 31,183 -
47,767 2,791
CREDITORS
Amounts falling due within one year 7 504,468 459,813
NET CURRENT LIABILITIES (456,701 ) (457,022 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

432,831

416,764

CREDITORS
Amounts falling due after more than one
year

8

(372,488

)

(390,304

)

PROVISIONS FOR LIABILITIES (6,666 ) (2,730 )
NET ASSETS 53,677 23,730

CAPITAL AND RESERVES
Called up share capital 9 400 400
Retained earnings 10 53,277 23,330
SHAREHOLDERS' FUNDS 53,677 23,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

CJ LOVE GROUP LTD (REGISTERED NUMBER: 12535137)

BALANCE SHEET - continued
30 APRIL 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 30 January 2025 and were signed on its behalf by:





D J Love - Director


CJ LOVE GROUP LTD (REGISTERED NUMBER: 12535137)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

CJ Love Group 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% per annum on reducing balance
Fixtures and fittings - 25% per annum on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

CJ LOVE GROUP LTD (REGISTERED NUMBER: 12535137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Long to Plant and and
leasehold property machinery fittings Totals
£    £    £    £    £   
COST
At 1 May 2023 248,899 613,770 11,632 4,660 878,961
Additions - - 24,635 - 24,635
At 30 April 2024 248,899 613,770 36,267 4,660 903,596
DEPRECIATION
At 1 May 2023 - - 3,999 1,376 5,375
Charge for year - - 8,068 821 8,889
At 30 April 2024 - - 12,067 2,197 14,264
NET BOOK VALUE
At 30 April 2024 248,899 613,770 24,200 2,463 889,332
At 30 April 2023 248,899 613,770 7,633 3,284 873,586

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 200
NET BOOK VALUE
At 30 April 2024 200
At 30 April 2023 200

The company's investments at the Balance Sheet date in the share capital of companies include the following:

C J LOVE WHOLESALE LIMITED
Registered office:
Nature of business: Wholesale Of Flowers And Plants
%
Class of shares: holding
Ordinary 100.00

CJ LOVE GROUP LTD (REGISTERED NUMBER: 12535137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,575 -
Other debtors 4,200 200
Prepayments 5,809 2,591
16,584 2,791

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,662 23,590
Trade creditors 15,337 -
Amounts owed to group undertakings 468,469 436,218
Tax - 5
504,468 459,813

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - more than 1 yr 372,488 390,304

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary £1 200 200
40 A Ordinary £1 40 40
40 B Ordinary £1 40 40
30 C Ordinary £1 30 30
30 D Ordinary £1 30 30
30 E Ordinary £1 30 30
30 F Ordinary £1 30 30
400 400

CJ LOVE GROUP LTD (REGISTERED NUMBER: 12535137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

10. RESERVES
Retained
earnings
£   

At 1 May 2023 23,330
Profit for the year 101,947
Dividends (72,000 )
At 30 April 2024 53,277

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the following dividends were paid:

C Love: £12,000 (2023: £12,000)

J Love: £12,000 (2023: £12,000)

D Love: £12,000 (2023: £12,000)

JG Love: £12,000 (2023: £12,000)

M Love: £12,000 (2023: £12,000)

J Love: £12,000 (2023: £12,000)

12. RELATED PARTY DISCLOSURES

C J Love Wholesale Limited is a related party company through common directorship. At the balance sheet date, the company owed C J Love Wholesale Limited £468,469 (2023: 436,218).

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr C Love & Mrs J Love by virtue of their shareholdings.