Silverfin false 28/02/2023 01/03/2022 28/02/2023 Mr Shaun Hawkey Mr Jaime Hawkey 27 November 2023 The principal activity of the Company during the financial year was the solar generation of electricity. 08405728 2023-02-28 08405728 2022-02-28 08405728 core:CurrentFinancialInstruments 2023-02-28 08405728 core:CurrentFinancialInstruments 2022-02-28 08405728 core:ShareCapital 2023-02-28 08405728 core:ShareCapital 2022-02-28 08405728 core:RetainedEarningsAccumulatedLosses 2023-02-28 08405728 core:RetainedEarningsAccumulatedLosses 2022-02-28 08405728 core:PlantMachinery 2022-02-28 08405728 core:FurnitureFittings 2022-02-28 08405728 core:PlantMachinery 2023-02-28 08405728 core:FurnitureFittings 2023-02-28 08405728 2022-03-01 2023-02-28 08405728 bus:FullAccounts 2022-03-01 2023-02-28 08405728 bus:SmallEntities 2022-03-01 2023-02-28 08405728 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 08405728 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 08405728 bus:Director1 2022-03-01 2023-02-28 08405728 bus:Director2 2022-03-01 2023-02-28 08405728 core:PlantMachinery core:TopRangeValue 2022-03-01 2023-02-28 08405728 core:FurnitureFittings core:TopRangeValue 2022-03-01 2023-02-28 08405728 2021-03-01 2022-02-28 08405728 core:PlantMachinery 2022-03-01 2023-02-28 08405728 core:FurnitureFittings 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Company No: 08405728 (England and Wales)

S&J SOLAR LIMITED

Unaudited Financial Statements
For the financial year ended 28 February 2023
Pages for filing with the registrar

S&J SOLAR LIMITED

Unaudited Financial Statements

For the financial year ended 28 February 2023

Contents

S&J SOLAR LIMITED

COMPANY INFORMATION

For the financial year ended 28 February 2023
S&J SOLAR LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 28 February 2023
DIRECTORS Mr Shaun Hawkey
Mr Jaime Hawkey
REGISTERED OFFICE The Olde Mill House
Chapel Amble
Wadebridge
PL27 6EN
United Kingdom
COMPANY NUMBER 08405728 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall TR1 2NA
S&J SOLAR LIMITED

BALANCE SHEET

As at 28 February 2023
S&J SOLAR LIMITED

BALANCE SHEET (continued)

As at 28 February 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 41,434 36,524
41,434 36,524
Current assets
Debtors 4 10,410 3,531
Cash at bank and in hand 42,579 48,193
52,989 51,724
Creditors: amounts falling due within one year 5 ( 46,372) ( 47,589)
Net current assets 6,617 4,135
Total assets less current liabilities 48,051 40,659
Net assets 48,051 40,659
Capital and reserves
Called-up share capital 100 100
Profit and loss account 47,951 40,559
Total shareholders' funds 48,051 40,659

For the financial year ending 28 February 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of S&J Solar Limited (registered number: 08405728) were approved and authorised for issue by the Board of Directors on 27 November 2023. They were signed on its behalf by:

Mr Shaun Hawkey
Director
S&J SOLAR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2023
S&J SOLAR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

S&J Solar Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Olde Mill House, Chapel Amble, Wadebridge, PL27 6EN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements and confirm the business is a going concern.

Turnover

Turnover is stated net of VAT and is recognised on an accruals basis.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery 25 years straight line
Fixtures and fittings 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Plant and machinery Fixtures and fittings Total
£ £ £
Cost
At 01 March 2022 54,087 2,407 56,494
Additions 0 7,796 7,796
At 28 February 2023 54,087 10,203 64,290
Accumulated depreciation
At 01 March 2022 19,468 502 19,970
Charge for the financial year 2,163 723 2,886
At 28 February 2023 21,631 1,225 22,856
Net book value
At 28 February 2023 32,456 8,978 41,434
At 28 February 2022 34,619 1,905 36,524

4. Debtors

2023 2022
£ £
Trade debtors 10,410 2,560
Other debtors 0 971
10,410 3,531

5. Creditors: amounts falling due within one year

2023 2022
£ £
Taxation and social security 583 2,067
Other creditors 45,789 45,522
46,372 47,589