1 September 2023 false No description of principal activity Taxfiler 2024.6 7361532business:PrivateLimitedCompanyLtd2023-09-012024-08-31 73615322023-08-31 73615322023-09-012024-08-31 7361532business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 7361532business:FilletedAccounts2023-09-012024-08-31 73615322024-08-31 7361532business:Director12023-09-012024-08-31 7361532business:RegisteredOffice2023-09-012024-08-31 73615322023-08-31 7361532core:WithinOneYear2024-08-31 7361532core:WithinOneYear2023-08-31 7361532core:AfterOneYear2024-08-31 7361532core:AfterOneYear2023-08-31 7361532core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 7361532core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 7361532core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 7361532core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 7361532core:PreviouslyStatedAmount2024-08-31 7361532core:PreviouslyStatedAmount2023-08-31 7361532business:SmallEntities2023-09-012024-08-31 7361532countries:EnglandWales2023-09-012024-08-31 7361532core:AfterOneYear2023-09-012024-08-31 73615322022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 7361532 (England and Wales)
MJH Implementations Ltd Unaudited accounts for the year ended 31 August 2024
MJH Implementations Ltd Unaudited accounts Contents
Page
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MJH Implementations Ltd Company Information for the year ended 31 August 2024
Director
M J Horan
Company Number
7361532 (England and Wales)
Registered Office
NUMBER 49 10 HALL STREET BIRMINGHAM WEST MIDLANDS B18 6BN
Accountants
Eden Accounting Ltd Suite L3 South Fens Business Centre CHATTERIS Cambs PE16 6TT
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MJH Implementations Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,140,000 
1,145,000 
Current assets
Debtors
21,525 
28,662 
Cash at bank and in hand
46,890 
27,641 
68,415 
56,303 
Creditors: amounts falling due within one year
(48,707)
(74,552)
Net current assets/(liabilities)
19,708 
(18,249)
Total assets less current liabilities
1,159,708 
1,126,751 
Creditors: amounts falling due after more than one year
(729,812)
(744,925)
Net assets
429,896 
381,826 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
429,796 
381,726 
Shareholders' funds
429,896 
381,826 
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 6 October 2024 and were signed on its behalf by
M J Horan Director Company Registration No. 7361532
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MJH Implementations Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
MJH Implementations Ltd is a private company, limited by shares, registered in England and Wales, registration number 7361532. The registered office is NUMBER 49, 10 HALL STREET, BIRMINGHAM, WEST MIDLANDS, B18 6BN.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
1,145,000 
Net loss from fair value adjustments
(5,000)
At 31 August 2024
1,140,000 
The property values have been adjusted to reflect their current market value by the director.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,525 
28,662 
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MJH Implementations Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,189 
6,276 
Trade creditors
978 
- 
Taxes and social security
27,256 
17,334 
Other creditors
- 
4,000 
Loans from directors
11,284 
46,942 
48,707 
74,552 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
729,812 
744,925 
These are mortgages secured on the investment properties.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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