Company Registration No. 15580707 (England and Wales)
MJL Ventures Ltd
Unaudited accounts
for the period from 20 March 2024 to 31 March 2025
MJL Ventures Ltd
Unaudited accounts
Contents
MJL Ventures Ltd
Company Information
for the period from 20 March 2024 to 31 March 2025
Company Number
15580707 (England and Wales)
Registered Office
90 Bransdale Road
Nottingham
Nottinghamshire
NG11 9JB
England
Accountants
Taylor Accountancy Ltd
2 Lynmoor Court
Hucknall
Nottingham
NG15 8FT
MJL Ventures Ltd
Statement of financial position
as at 31 March 2025
Investment property
157,811
Cash at bank and in hand
7,554
Creditors: amounts falling due within one year
(161,784)
Net current liabilities
(154,080)
Called up share capital
100
Profit and loss account
3,631
For the period ending 31 March 2025 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 15 December 2025 and were signed on its behalf by
Matthew Leek
Director
Company Registration No. 15580707
MJL Ventures Ltd
Notes to the Accounts
for the period from 20 March 2024 to 31 March 2025
MJL Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 15580707. The registered office is 90 Bransdale Road, Nottingham, Nottinghamshire, NG11 9JB, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents rental income receivable for the year and is recognised on a straight line basis over the term of the tenancy.
Investment property is stated at cost and not depreciated. The property is reviewed annually for impairment.
Investment property is measured at cost and is not depreciated. The directors consider that the carrying value of the property is not materially different from its fair value at the balance sheet date.
Amounts falling due within one year
Accrued income and prepayments
150
6
Creditors: amounts falling due within one year
2025
Taxes and social security
852
Loans from directors
160,012
MJL Ventures Ltd
Notes to the Accounts
for the period from 20 March 2024 to 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
8
Transactions with related parties
At the balance sheet date the company owed £160,012 to the director. The loan is unsecured, interest free and repayable on demand.
9
Average number of employees
During the period the average number of employees was 0.