CJT Holdings Limited Filleted accounts for Companies House (small and micro)

CJT Holdings Limited Filleted accounts for Companies House (small and micro)

CJT HOLDINGS LIMITED - Company Information

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2 false false false false false false false false false true false false false false false false No description of principal activity 2019-04-01 Sage Accounts Production Advanced 2020 - FRS102_2019 1,243 863 76 939 304 380 255,000 255,000 255,000 xbrli:pure xbrli:shares iso4217:GBP 05217955 2019-04-01 2020-03-31 05217955 2020-03-31 05217955 2019-03-31 05217955 2018-04-01 2019-03-31 05217955 2019-03-31 05217955 2018-03-31 05217955 core:FurnitureFittings 2019-04-01 2020-03-31 05217955 core:MotorVehicles 2019-04-01 2020-03-31 05217955 bus:Director1 2019-04-01 2020-03-31 05217955 bus:Director2 2019-04-01 2020-03-31 05217955 core:FurnitureFittings 2019-03-31 05217955 core:FurnitureFittings 2020-03-31 05217955 core:WithinOneYear 2020-03-31 05217955 core:WithinOneYear 2019-03-31 05217955 core:ShareCapital 2020-03-31 05217955 core:ShareCapital 2019-03-31 05217955 core:RetainedEarningsAccumulatedLosses 2020-03-31 05217955 core:RetainedEarningsAccumulatedLosses 2019-03-31 05217955 core:CostValuation core:Non-currentFinancialInstruments 2020-03-31 05217955 core:Non-currentFinancialInstruments 2020-03-31 05217955 core:Non-currentFinancialInstruments 2019-03-31 05217955 core:FurnitureFittings 2019-03-31 05217955 bus:Director1 2019-03-31 05217955 bus:Director1 2020-03-31 05217955 bus:Director2 2019-03-31 05217955 bus:Director2 2020-03-31 05217955 bus:Director1 2018-03-31 05217955 bus:Director1 2019-03-31 05217955 bus:Director2 2018-03-31 05217955 bus:Director2 2019-03-31 05217955 bus:Director1 2018-04-01 2019-03-31 05217955 bus:Director2 2018-04-01 2019-03-31 05217955 bus:SmallEntities 2019-04-01 2020-03-31 05217955 bus:AuditExempt-NoAccountantsReport 2019-04-01 2020-03-31 05217955 bus:FullAccounts 2019-04-01 2020-03-31 05217955 bus:SmallCompaniesRegimeForAccounts 2019-04-01 2020-03-31 05217955 bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31
COMPANY REGISTRATION NUMBER: 05217955
CJT Holdings Limited
Filleted Unaudited Financial Statements
31 March 2020
CJT Holdings Limited
Statement of Financial Position
31 March 2020
2020
2019
Note
£
£
Fixed assets
Tangible assets
5
304
380
Investments
6
255,000
255,000
-----------
-----------
255,304
255,380
Current assets
Debtors
7
51
57
Cash at bank and in hand
14,501
18,204
-----------
-----------
14,552
18,261
Creditors: amounts falling due within one year
8
( 38,493)
( 22,945)
-----------
-----------
Net current liabilities
( 23,941)
( 4,684)
-----------
-----------
Total assets less current liabilities
231,363
250,696
Provisions
Taxation including deferred tax
( 72)
( 72)
-----------
-----------
Net assets
231,291
250,624
-----------
-----------
CJT Holdings Limited
Statement of Financial Position (continued)
31 March 2020
2020
2019
Note
£
£
Capital and reserves
Called up share capital
2
2
Profit and loss account
231,289
250,622
-----------
-----------
Shareholders funds
231,291
250,624
-----------
-----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 July 2020 , and are signed on behalf of the board by:
Mr J Thompson
Director
Company registration number: 05217955
CJT Holdings Limited
Notes to the Financial Statements
Year ended 31 March 2020
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 35 Alsthorpe Road, Oakham, Rutland, LE15 6FD, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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 .
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtuures and fittings
-
20% reducing balance
Motor vehicles
-
25% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2019: 2 ).
5. Tangible assets
Fixtures and fittings
Total
£
£
Cost
At 1 April 2019 and 31 March 2020
1,243
1,243
-----------
-----------
Depreciation
At 1 April 2019
863
863
Charge for the year
76
76
-----------
-----------
At 31 March 2020
939
939
-----------
-----------
Carrying amount
At 31 March 2020
304
304
-----------
-----------
At 31 March 2019
380
380
-----------
-----------
6. Investments
Other investments other than loans
£
Cost
At 1 April 2019 and 31 March 2020
255,000
-----------
Impairment
At 1 April 2019 and 31 March 2020
–
-----------
Carrying amount
At 31 March 2020
255,000
-----------
At 31 March 2019
255,000
-----------
7. Debtors
2020
2019
£
£
Other debtors
51
57
-----------
-----------
8. Creditors: amounts falling due within one year
2020
2019
£
£
Other creditors
38,493
22,945
-----------
-----------
9. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2020
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr J Thompson
( 9,485)
( 6,408)
–
( 15,893)
Mrs C S Thompson
( 9,485)
( 6,409)
–
( 15,894)
-----------
-----------
-----------
-----------
( 18,970)
( 12,817)
–
( 31,787)
-----------
-----------
-----------
-----------
2019
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr J Thompson
( 19,956)
–
10,471
( 9,485)
Mrs C S Thompson
( 19,957)
–
10,472
( 9,485)
-----------
-----------
-----------
-----------
( 39,913)
–
20,943
( 18,970)
-----------
-----------
-----------
-----------