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REGISTERED NUMBER: 08009458











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

SJE WORLDWIDE LTD

SJE WORLDWIDE LTD (REGISTERED NUMBER: 08009458)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Balance sheet 1

Notes to the financial statements 2


SJE WORLDWIDE LTD (REGISTERED NUMBER: 08009458)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 896 1,195

Current assets
Debtors 5 467 556
Cash at bank 2,495 1,206
2,962 1,762
Creditors
Amounts falling due within one year 6 3,573 2,262
Net current liabilities (611 ) (500 )
Total assets less current liabilities 285 695

Provisions for liabilities 7 149 227
Net assets 136 468

Capital and reserves
Called up share capital 8 101 101
Retained earnings 35 367
Shareholders' funds 136 468

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2023 and were signed by:





Mr S Lee - Director


SJE WORLDWIDE LTD (REGISTERED NUMBER: 08009458)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. Statutory information

SJE Worldwide Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 08009458. The registered office address is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH.

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 amounts receivable, excluding value added tax, in respect of services provided in the ordinary course of business. Turnover is recognised when the service has been provided to the customer.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 that have been enacted or substantively enacted by the balance sheet date.

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

SJE WORLDWIDE LTD (REGISTERED NUMBER: 08009458)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 April 2022
and 31 March 2023 1,556 700 11,500 2,550 16,306
Depreciation
At 1 April 2022 1,441 661 10,852 2,157 15,111
Charge for year 29 9 162 99 299
At 31 March 2023 1,470 670 11,014 2,256 15,410
Net book value
At 31 March 2023 86 30 486 294 896
At 31 March 2022 115 39 648 393 1,195

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Tax - 66
Prepayments 467 490
467 556

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Directors' current accounts 1,749 378
Accruals and deferred income 1,824 1,884
3,573 2,262

7. Provisions for liabilities
2023 2022
£    £   
Deferred tax 149 227

Deferred
tax
£   
Balance at 1 April 2022 227
Credit to Income statement during year (78 )
Balance at 31 March 2023 149

SJE WORLDWIDE LTD (REGISTERED NUMBER: 08009458)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
56 Ordinary A £1.00 56 56
45 Ordinary B £1.00 45 45
101 101

9. Ultimate controlling party

During the year the company was controlled by the director, Mr S Lee, who owned 100% of the voting share capital.