DJFM Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08276137 (England and Wales)

DJFM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs F E McCann

Mr T E C Planck

Mr A Sweatman

REGISTERED OFFICE:

Unit 2

Ossett 40

Milner Way

Ossett

West Yorkshire

WF5 9JR

REGISTERED NUMBER:

08276137 (England and Wales)

ACCOUNTANTS:

Harrison & Co

Chartered Accountants

531 Denby Dale Road West

Calder Grove

Wakefield

West Yorkshire

WF4 3ND

BANKERS:

The Royal Bank of Scotland

Leeds Park Row Branch

27 Park Row

Leeds

West Yorkshire

LS1 5QB

FIXED ASSETS

Investments

4

486,975

CURRENT ASSETS

Debtors

94,843

44,837

Cash at bank

-

50,006

94,843

CREDITORS

Amounts falling due within one year

3,219

NET CURRENT ASSETS

91,624

TOTAL ASSETS LESS CURRENT

LIABILITIES

578,599

CAPITAL AND RESERVES

Called up share capital

35,020

Other reserves

5

(413,212

)

(413,212

)

Retained earnings

5

956,791

SHAREHOLDERS' FUNDS

578,599

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 April 2024 and were signed on its behalf by:

Mrs F E McCann - Director

1.	STATUTORY INFORMATION

DJFM 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.

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 Statement of Income and Retained Earnings, 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 NIL (2022 - NIL).

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2023

and 31 December 2023

134,704

PROVISIONS

At 1 January 2023

and 31 December 2023

(352,271

)

NET BOOK VALUE

At 31 December 2023

486,975

At 31 December 2022

486,975

5.

RESERVES

Retained

Other

earnings

reserves

Totals

£

At 1 January 2023

956,791

(413,212

)

543,579

Profit for the year

66,762

Dividends

(66,762

)

(66,762

)

At 31 December 2023

956,791

(413,212

)

543,579

DJFM Limited - Accounts to registrar (filleted) - small 23.2.5

DJFM Limited - Accounts to registrar (filleted) - small 23.2.5