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Company No: 12215229 (England and Wales)

MJ ETHERINGTON HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

MJ ETHERINGTON HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

MJ ETHERINGTON HOLDINGS LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2024
MJ ETHERINGTON HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
DIRECTOR Marc Etherington
REGISTERED OFFICE Treviot House
186-192 High Road
Ilford
IG1 1LR
United Kingdom
COMPANY NUMBER 12215229 (England and Wales)
ACCOUNTANT Gravita Essex Limited
Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR
United Kingdom
MJ ETHERINGTON HOLDINGS LIMITED

BALANCE SHEET

As at 31 December 2024
MJ ETHERINGTON HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1,312 688
1,312 688
Current assets
Debtors 4 299,774 90,000
Cash at bank and in hand 160,256 266,737
460,030 356,737
Creditors: amounts falling due within one year 5 ( 108,213) ( 98,248)
Net current assets 351,817 258,489
Total assets less current liabilities 353,129 259,177
Creditors: amounts falling due after more than one year 6 ( 6,972) ( 16,667)
Net assets 346,157 242,510
Capital and reserves
Called-up share capital 100 100
Profit and loss account 346,057 242,410
Total shareholders' funds 346,157 242,510

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of MJ Etherington Holdings Limited (registered number: 12215229) were approved and authorised for issue by the Director on 12 March 2025. They were signed on its behalf by:

Marc Etherington
Director
MJ ETHERINGTON HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
MJ ETHERINGTON HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

MJ Etherington Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Treviot House, 186-192 High Road, Ilford, IG1 1LR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the total value of commissions received during the year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 688
Additions 624
At 31 December 2024 1,312
Carrying value at 31 December 2024 1,312
Carrying value at 31 December 2023 688

4. Debtors

2024 2023
£ £
Amounts owed by Group undertakings ( 23,508) 0
Other debtors 323,282 90,000
299,774 90,000

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 9,695 10,000
Trade creditors 334 0
Amounts owed to Group undertakings 0 43,558
Taxation and social security 60,049 33,370
Other creditors 38,135 11,320
108,213 98,248

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 6,972 16,667

There are no amounts included above in respect of which any security has been given by the small entity.

7. Related party transactions

Transactions with the entity's director

2024 2023
£ £
Amounts advanced 105,429 75,448
Amounts repaid (131,500) (85,208)

At the year end the balance owed from the company to the directors was £35,831 (2023: £9,760). Interest is charged on loans at the official rate set by HMRC. Loans are repayable on demand.