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REGISTERED NUMBER: 07234607 (England and Wales)










Unaudited Financial Statements for the Year Ended 30 April 2022

for

SJM Electro-Solutions Limited

SJM Electro-Solutions Limited (Registered number: 07234607)






Contents of the Financial Statements
for the Year Ended 30 April 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SJM Electro-Solutions Limited

Company Information
for the Year Ended 30 April 2022







DIRECTORS: S J Mosey
D A Mosey





REGISTERED OFFICE: 75 Springfield Road
Chelmsford
Essex
CM2 6JB





REGISTERED NUMBER: 07234607 (England and Wales)





ACCOUNTANTS: NSO Associates LLP
75 Springfield Road
Chelmsford
Essex
CM2 6JB

SJM Electro-Solutions Limited (Registered number: 07234607)

Balance Sheet
30 April 2022

30.4.21 30.4.22
£    £    Notes £    £   
FIXED ASSETS
15,222 Tangible assets 4 7,611

CURRENT ASSETS
13,683 Debtors 5 28,542
182,225 Cash at bank 171,598
195,908 200,140
CREDITORS
35,302 Amounts falling due within one year 6 40,529
160,606 NET CURRENT ASSETS 159,611
175,828 TOTAL ASSETS LESS CURRENT
LIABILITIES

167,222

2,892 PROVISIONS FOR LIABILITIES 1,446
172,936 NET ASSETS 165,776

CAPITAL AND RESERVES
100 Called up share capital 100
172,836 Retained earnings 165,676
172,936 SHAREHOLDERS' FUNDS 165,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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 26 August 2022 and were signed on its behalf by:



S J Mosey - Director


SJM Electro-Solutions Limited (Registered number: 07234607)

Notes to the Financial Statements
for the Year Ended 30 April 2022

1. STATUTORY INFORMATION

SJM Electro-Solutions 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.

Turnover
Turnover represents net invoiced sales excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 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.

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 1 (2021 - 1 ) .

SJM Electro-Solutions Limited (Registered number: 07234607)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2021
and 30 April 2022 26,503
DEPRECIATION
At 1 May 2021 11,281
Charge for year 7,611
At 30 April 2022 18,892
NET BOOK VALUE
At 30 April 2022 7,611
At 30 April 2021 15,222

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade debtors 28,542 13,363
Other debtors - 320
28,542 13,683

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade creditors 32,598 33,746
Taxation and social security 6,230 61
Other creditors 1,701 1,495
40,529 35,302

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S J Mosey.