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REGISTERED NUMBER: 09263785 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 OCTOBER 2024

FOR

MHJ ASSOCIATES LIMITED

MHJ ASSOCIATES LIMITED (REGISTERED NUMBER: 09263785)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 OCTOBER 2024










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

MHJ ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 25 OCTOBER 2024







DIRECTORS: Dr S M Zaidi
Mrs D Zaidi





REGISTERED OFFICE: 1A The Birches
Ampthill Road
Flitwick
Bedford
Bedforshire
MK45 1BA





REGISTERED NUMBER: 09263785 (England and Wales)





ACCOUNTANTS: Shenward (Leeds) Limited
Josephs Well, Suite 2C
Hanover Walk
Leeds
West Yorkshire
LS3 1AB

MHJ ASSOCIATES LIMITED (REGISTERED NUMBER: 09263785)

ABRIDGED STATEMENT OF FINANCIAL POSITION
25 OCTOBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors - 450
Cash at bank and in hand 6,213 3,831
6,213 4,281
CREDITORS
Amounts falling due within one year 6,112 4,180
NET CURRENT ASSETS 101 101
TOTAL ASSETS LESS CURRENT
LIABILITIES

101

101

CAPITAL AND RESERVES
Called up share capital 5 101 101
SHAREHOLDERS' FUNDS 101 101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 25 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





Dr S M Zaidi - Director


MHJ ASSOCIATES LIMITED (REGISTERED NUMBER: 09263785)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 OCTOBER 2024


1. STATUTORY INFORMATION

MHJ Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Details of these judgements can be found in the accounting policies.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

MHJ ASSOCIATES LIMITED (REGISTERED NUMBER: 09263785)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 25 OCTOBER 2024


3. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include debtors and cash and bank balances, are initially recorded 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.

Financial assets are derecongised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party,

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recorded 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.

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 in 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.

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

MHJ ASSOCIATES LIMITED (REGISTERED NUMBER: 09263785)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 25 OCTOBER 2024


3. ACCOUNTING POLICIES - continued

Provisions for liabilities
Provisions are made when an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the Income Statement in the year that the company becomes aware of the obligation and are measured at the best estimate at the Statement of Financial Position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100
1 Ordinary A 1 1 1
101 101

6. RELATED PARTY DISCLOSURES

S Zaidi 2024 2023
) )
b/f 0 0
Capital introduced 0 0
Drawings 0 0
Dividends 0 0
c/f 0 0

D Zaidi 2024 2023
) )
b/f 450 160
Capital introduced (5,560 ) (1,864 )
Drawings 17,000 4,000
Dividends (14,575 ) (1,846 )
c/f 2,685 450

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Suhail Zaidi due to his position as a director and majority shareholder in the company.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MHJ ASSOCIATES LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MHJ Associates Limited for the year ended 25 October 2024 which comprise the Abridged Income Statement, Abridged Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of MHJ Associates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MHJ Associates Limited and state those matters that we have agreed to state to the Board of Directors of MHJ Associates Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that MHJ Associates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MHJ Associates Limited. You consider that MHJ Associates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MHJ Associates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Shenward (Leeds) Limited
Josephs Well, Suite 2C
Hanover Walk
Leeds
West Yorkshire
LS3 1AB


Date: .............................................