Registration number: 14610479

MJKHOL Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

MJKHOL Limited

(Registration number: 14610479 )
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Investments	4	1,183,333	1,183,333
Current assets
Debtors	5	143,668	72,667
Creditors: Amounts falling due within one year	6	(1,395,564)	(1,281,832)
Net current liabilities		(1,251,896)	(1,209,165)
Net liabilities		(68,563)	(25,832)
Capital and reserves
Called up share capital		358	100
Retained earnings		(68,921)	(25,932)
Shareholders' deficit		(68,563)	(25,832)

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 September 2025
 

......................................... Mr M J Kirkland Director

MJKHOL Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3rd Floor
21 Conduit Street
LONDON
W1S 2XP

These financial statements were authorised for issue by the director on 29 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

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

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existance for the forseeable future. The company expects the continued support of the principal shareholder, who has confirmed that they will provide such financial support as is necessary for the company to meet its liabilities as they fall due and continue in operation for a period of at least twelve months from the date of signing the finanial statements of the company.

Investments

Investments in unlisted company shares, whose market value can be reliably determined , are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period.

Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Debtors and creditors receivable/payable in one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.

MJKHOL Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Borrowings

Redeemable preference shares are recognised at the transaction price, excluding any transaction costs. Subsequent measurement is at fair value through the profit and loss account.

The preferential dividend will be calculated using the effective rate and charged to the profit and loss account each year.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Fixed asset investments

	Unlisted investments £
Cost or valuation
At 1 February 2024	1,183,333
At 31 January 2025	1,183,333

5

Debtors

	2025 £	2024 £
Other debtors	143,668	72,667
	143,668	72,667

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Loans and borrowings	7	1,183,333	-
Accruals and deferred income		1,800	2,400
Other creditors		210,431	1,279,432
		1,395,564	1,281,832

MJKHOL Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

7	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Redeemable preference shares	1,183,333	-

There are £1,183,333 Redeemable Preference Shares in issue at £1 each. The company and the holder have the ability to redeem the shares at short notice at original subscription price. The company shall pay a fixed preferential dividend at the annual rate of 4% on the nominal value of each Redeemable Preference Share. Where there are insufficient distributable reserves the unpaid cumulative preference dividends accumulate in other creditors.

8	Related party transactions

Summary of transactions with key management

Expenditure with and payables to related parties

2025	Key management £
Amounts payable to related party	169,582

2024	Key management £
Amounts payable to related party	1,279,432