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Company Registration No. 12047581 (England and Wales)
CJN Investments Limited Unaudited accounts for the year ended 30 June 2024
CJN Investments Limited Unaudited accounts Contents
Page
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CJN Investments Limited Company Information for the year ended 30 June 2024
Director
Christopher Naylor
Company Number
12047581 (England and Wales)
Registered Office
Fernhills House Todd Street Bury Greater Manchester BL9 5BJ
Accountants
James Wheelan Accountancy Limited Minshull House 67 Wellington Road North Stockport SK4 2LP
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CJN Investments Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
675 
1,151 
Investment property
290,000 
270,000 
290,675 
271,151 
Current assets
Cash at bank and in hand
3,068 
11,267 
Creditors: amounts falling due within one year
(79,570)
(86,235)
Net current liabilities
(76,502)
(74,968)
Total assets less current liabilities
214,173 
196,183 
Creditors: amounts falling due after more than one year
(127,352)
(128,534)
Provisions for liabilities
Deferred tax
(16,539)
(12,611)
Net assets
70,282 
55,038 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
70,281 
55,037 
Shareholders' funds
70,282 
55,038 
For the year ending 30 June 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 14 March 2025 and were signed on its behalf by
Christopher Naylor Director Company Registration No. 12047581
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CJN Investments Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
CJN Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 12047581. The registered office is Fernhills House, Todd Street, Bury, Greater Manchester, BL9 5BJ.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
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CJN Investments Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
1,429 
At 30 June 2024
1,429 
Depreciation
At 1 July 2023
278 
Charge for the year
476 
At 30 June 2024
754 
Net book value
At 30 June 2024
675 
At 30 June 2023
1,151 
5
Investment property
2024 
£ 
Fair value at 1 July 2023
270,000 
Net gain from fair value adjustments
20,000 
At 30 June 2024
290,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,562 
4,386 
Taxes and social security
35 
376 
Loans from directors
71,358 
80,858 
Accruals
615 
615 
79,570 
86,235 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
127,352 
128,534 
The bank loans are secured by fixed charge over the investment property held by the company.
8
Transactions with related parties
During the year funds were made available to the company from the director. At the year end a balance totalling £71,357 was owed to the director.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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