Company Registration No. 14614215 (England and Wales)
CJS18 Limited
Unaudited financial statements
for the period ended 31 March 2024
Pages for filing with the registrar
CJS18 Limited
Contents
Page
Statement of financial position
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
CJS18 Limited
Statement of financial position
As at 31 March 2024
1
2024
Notes
£
£
Current assets
Debtors
4
172,593
Cash at bank and in hand
1
172,594
Creditors: amounts falling due within one year
5
(224,624)
Net current liabilities
(52,030)
Capital and reserves
Called up share capital
360
Profit and loss reserves
(52,390)
Total equity
(52,030)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial period ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 30 April 2025 and are signed on its behalf by:
C J Shenton
Director
Company Registration No. 14614215
CJS18 Limited
Statement of changes in equity
For the period ended 31 March 2024
2
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 24 January 2023
-
0
-
0
-
Period ended 31 March 2024:
Loss and total comprehensive income
-
(52,390)
(52,390)
Issue of share capital
360
-
360
Balance at 31 March 2024
360
(52,390)
(52,030)
CJS18 Limited
Notes to the financial statements
For the period ended 31 March 2024
3
1
Accounting policies
Company information

CJS18 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Oxford Court, Manchester, M2 3WQ.

1.1
Reporting period

CJS18 Limited was incorporated on 24 January 2023 and changed it's year end to 31 March 2024 for commercial reasons. This period of accounts represents a 15 month period.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Turnover

Turnover consists of rental income received, net of VAT and other sales related taxes, in relation to the provision of short term rental property contracts.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

CJS18 Limited
Notes to the financial statements (continued)
For the period ended 31 March 2024
1
Accounting policies (continued)
4
Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

CJS18 Limited
Notes to the financial statements (continued)
For the period ended 31 March 2024
5
3
Employees

The average monthly number of persons (excluding non-remunerated directors) employed by the company during the period was:

2024
Number
Total
-
0
4
Debtors
2024
Amounts falling due within one year:
£
Trade debtors
9,000
Amounts owed by group undertakings
138,283
Other debtors
25,310
172,593

Included within other debtors is £25,310 due from other related parties, as detailed in the related party note.

5
Creditors: amounts falling due within one year
2024
£
Trade creditors
499
Taxation and social security
112,865
Other creditors
111,260
224,624

Included within other creditors is £87,549 due to other related parties, as detailed in the related party note.

6
Related party transactions
Transactions with related parties

During the period the company entered into the following transactions with related parties:

Purchases
2024
£
Other related parties
105,000
CJS18 Limited
Notes to the financial statements (continued)
For the period ended 31 March 2024
6
Related party transactions (continued)
6

The following amounts were outstanding at the reporting end date:

2024
Amounts due to related parties
£
Other related parties
87,549

The following amounts were outstanding at the reporting end date:

2024
Amounts due from related parties
£
Entities with control, joint control or significant influence over the company
138,283
Other related parties
25,310
7
Parent company

CJS18 Ltd is a wholly owned subsidiary of Shenton Property Ltd.

2024-03-312023-01-24false30 April 2025CCH SoftwareCCH Accounts Production 2024.210No description of principal activityG L HaroldC J Shentonfalsefalse146142152023-01-242024-03-31146142152024-03-3114614215core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3114614215core:CurrentFinancialInstruments2024-03-3114614215core:ShareCapital2024-03-3114614215core:RetainedEarningsAccumulatedLosses2024-03-3114614215core:ShareCapital2023-01-2314614215core:RetainedEarningsAccumulatedLosses2023-01-2314614215bus:Director22023-01-242024-03-3114614215core:RetainedEarningsAccumulatedLosses2023-01-242024-03-3114614215core:WithinOneYear2024-03-3114614215bus:PrivateLimitedCompanyLtd2023-01-242024-03-3114614215bus:SmallCompaniesRegimeForAccounts2023-01-242024-03-3114614215bus:FRS1022023-01-242024-03-3114614215bus:AuditExemptWithAccountantsReport2023-01-242024-03-3114614215bus:Director12023-01-242024-03-3114614215bus:FullAccounts2023-01-242024-03-31xbrli:purexbrli:sharesiso4217:GBP