Company Registration No. 07485251 (England and Wales)
SJS FREIGHT LTD
Unaudited accounts
for the year ended 31 March 2023
SJS FREIGHT LTD
Unaudited accounts
Contents
SJS FREIGHT LTD
Company Information
for the year ended 31 March 2023
Director
Shannon Jason Sutton
Company Number
07485251 (England and Wales)
Registered Office
Walton House
High Street
Felixstowe
Suffolk
IP11 9DS
Accountants
CHASE Accountants Limited
Unit 57, Basepoint Business Centre
70-72 The Havens
Ipswich
Suffolk
IP3 9BF
SJS FREIGHT LTD
Statement of financial position
as at 31 March 2023
Tangible assets
10,070
15,105
Cash at bank and in hand
5,142
20,127
Creditors: amounts falling due within one year
(65,475)
(67,780)
Net current assets
44,277
27,049
Total assets less current liabilities
54,347
42,154
Creditors: amounts falling due after more than one year
(22,780)
-
Called up share capital
2
2
Profit and loss account
31,565
42,152
Shareholders' funds
31,567
42,154
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 October 2023 and were signed on its behalf by
Shannon Jason Sutton
Director
Company Registration No. 07485251
SJS FREIGHT LTD
Notes to the Accounts
for the year ended 31 March 2023
SJS FREIGHT LTD is a private company, limited by shares, registered in England and Wales, registration number 07485251. The registered office is Walton House , High Street , Felixstowe , Suffolk, IP11 9DS .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Truck - 25% Straight Line
Computer equipment
Laptop - 25% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
18,000
2,140
20,140
At 31 March 2023
18,000
2,140
20,140
At 1 April 2022
4,500
535
5,035
Charge for the year
4,500
535
5,035
At 31 March 2023
9,000
1,070
10,070
At 31 March 2023
9,000
1,070
10,070
At 31 March 2022
13,500
1,605
15,105
Amounts falling due within one year
Trade debtors
104,610
74,702
SJS FREIGHT LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
32,500
45,000
Taxes and social security
29,975
22,780
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
22,780
-
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).