Registered number
10174748
Guymajoe Limited
Unaudited Filleted Accounts
31 May 2024
API Partnership Limited t/a Chandler & Georges
Chartered Accountants
75 Westow Hill
Crystal Palace
London
SE19 1TX
Ph: 0208 761 2213
www.cgca.co.uk
Guymajoe Limited
Registered number: 10174748
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 100 100
Current assets
Debtors 4 10,085 65,215
Cash at bank and in hand 667,879 378,014
677,964 443,229
Creditors: amounts falling due within one year 5 (111,376) (34,308)
Net current assets 566,588 408,921
Net assets 566,688 409,021
Capital and reserves
Called up share capital 100 100
Profit and loss account 566,588 408,921
Shareholders' funds 566,688 409,021
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S H Davie
Director
Approved by the board on 11 February 2025
Guymajoe Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 June 2023 100
At 31 May 2024 100
4 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest - 48,407
Other debtors 10,085 16,808
10,085 65,215
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 9,887 16,622
Amounts owed to group undertakings and undertakings in which the company has a participating interest 97,387 -
Taxation and social security costs 2,556 89
Other creditors 1,546 17,597
111,376 34,308
6 Related party transactions
Turnover comprises of management fees to the company's wholly owned subsidiary, Benjemax Ltd.

Included in Creditors (group undertakings) are amounts owed to Benjemax Ltd of £97,387 (2023 debtors of £48,407).

Balances with group undertakings are provided interest free and are repayable on demand.
7 Controlling party
In August 2023 there was a transfer of shares between the existing shareholders, with the result that there is no longer an overall controlling party.
8 Other information
Guymajoe Limited is a private company limited by shares and incorporated in England. Its registered office is:
42C Walpole Road
Bromley
Kent
BR2 9SF
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