MJA Investments Limited Filleted accounts for Companies House (small and micro)
MJA Investments Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02629629
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Financial Statements |
Year ended 31 August 2021
Contents |
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Chartered accountants report to the director on the preparation of the unaudited statutory financial statements |
1 |
Statement of financial position |
2 |
Notes to the financial statements |
4 |
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Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 31 August 2021
9 Cheam Road
Ewell
Epsom
Surrey
KT17 1SP
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
5 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
6 |
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Net current liabilities |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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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
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
21 June 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
02629629
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Notes to the Financial Statements |
Year ended 31 August 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Cheam Road, Ewell, Epsom, Surrey, KT17 1SP.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
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:
Fixtures & Fitting |
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Impairment of fixed assets
Provisions
Financial instruments
4.
Tangible assets
Land and buildings |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 September 2020 and 31 August 2021 |
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Depreciation |
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At 1 September 2020 and 31 August 2021 |
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Carrying amount |
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At 31 August 2021 |
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– |
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At 31 August 2020 |
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– |
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5.
Debtors
2021 |
2020 |
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£ |
£ |
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Other debtors |
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6.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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Corporation tax |
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Other creditors |
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7.
Director's advances, credits and guarantees
The director owns 50% of the issued share capital of the company. The amount owing to
Mr A J Garrett
a director at 31st August 2021 was £ 1,863,821
(2020 - £1,877,733). Mr M E Garrett, a shareholder, made a loan to the company £3,500,000 at an interest rate of 1.5%. The balance outstanding at 31st August 2021 was £3,500,000 (2020 - £3,500,000).