Norma Jean Holdings Ltd - Accounts to registrar (filleted) - small 23.2.5

NORMA JEAN HOLDINGS LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K A Owen

J D Lamb

REGISTERED OFFICE:

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

REGISTERED NUMBER:

11828260 (England and Wales)

ACCOUNTANTS:

Halsey & Co (Accountants) Ltd.

Chartered Certified Accountants

Registered Auditors

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

FIXED ASSETS

Investments

4

4,340

4,340

CURRENT ASSETS

Debtors

5

53,260

72,750

Cash at bank

600,021

631,147

653,281

703,897

CREDITORS

Amounts falling due within one year

6

3,276

2,180

NET CURRENT ASSETS

650,005

701,717

TOTAL ASSETS LESS CURRENT LIABILITIES

654,345

706,057

CREDITORS

Amounts falling due after more than one year

7

10,121

27,361

NET ASSETS

644,224

678,696

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

643,224

677,696

644,224

678,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 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 30th April 2024 and were signed on its behalf by:

K A Owen - Director

1.	STATUTORY INFORMATION

Norma Jean Holdings Ltd 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st March 2023

and 29th February 2024

4,340

NET BOOK VALUE

At 29th February 2024

4,340

At 28th February 2023

4,340

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.24

28.2.23

£

£

Other debtors

53,260

72,750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.24

28.2.23

£

£

Taxation and social security

2,668

1,571

Other creditors

608

609

3,276

2,180

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.2.24

28.2.23

£

£

Other creditors

10,121

27,361

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £10,120.79 to K Owen and J Lamb, the directors and shareholders of the company .The amount is interest free and repayable on demand.