REGISTERED NUMBER: 09603518 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

KMJ Mortgages Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Lloyd-Ewer

Mrs K A Palmer

REGISTERED OFFICE:

14A Market Place

Uttoxeter

Staffordshire

ST14 8HP

REGISTERED NUMBER:

09603518 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Tangible assets

4

-

79

CURRENT ASSETS

Debtors

5

104,553

82,301

Cash at bank

-

2,748

104,553

85,049

CREDITORS

Amounts falling due within one year

6

43,481

23,349

NET CURRENT ASSETS

61,072

61,700

TOTAL ASSETS LESS CURRENT LIABILITIES

61,072

61,779

CREDITORS

Amounts falling due after more than one year

7

38,892

30,069

NET ASSETS

22,180

31,710

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

22,178

31,708

SHAREHOLDERS' FUNDS

22,180

31,710

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

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 26th May 2026 and were signed on its behalf by:

Mrs K A Palmer - Director

1.	STATUTORY INFORMATION

KMJ Mortgages 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and value added tax. Turnover in respect of services is recognised when the service has been provided. Turnover in respect of commissions is recognised in the financial period in which the commission is earned.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2024

and 31st March 2025

660

DEPRECIATION

At 1st April 2024

581

Charge for year

79

At 31st March 2025

660

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

79

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

104,553

82,301

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

19,010

5,385

Taxation and social security

21,383

15,326

Other creditors

3,088

2,638

43,481

23,349

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

38,892

30,069

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

956

7,133

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

Miss T Y Lloyd

Balance outstanding at start of year

82,114

101,226

Amounts advanced

99,008

20,526

Amounts repaid

(77,727

)

(39,638

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

103,395

82,114

During the financial year interest of £2,084 (2024 - £2,334) at a rate of 2.25% (2024 - 2.25%) has been paid to the company in respect of these advances. There are no fixed terms for repayment.

9.	RELATED PARTY DISCLOSURES

Included in other operating income for the year ended 31st March 2025 is £nil (2024 - £37,400) in respect of loans from companies whose directors include the spouse of a director of KMJ Mortgages Limited written off.