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REGISTERED NUMBER: 05228046 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

SJCL Investments Limited

SJCL Investments Limited (Registered number: 05228046)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SJCL Investments Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mr S J Lewis





SECRETARY: Mrs C Lewis





REGISTERED OFFICE: 83 Holbrook Road
Cambridge
Cambridgeshire
CB1 7SX





REGISTERED NUMBER: 05228046 (England and Wales)





ACCOUNTANTS: Underwood Green
Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS

SJCL Investments Limited (Registered number: 05228046)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 311,863 296,160
Investment property 5 580,000 550,000
891,863 846,160

CURRENT ASSETS
Debtors 6 144 33,964
Cash at bank 216,341 201,715
216,485 235,679
CREDITORS
Amounts falling due within one year 7 3,201 3,973
NET CURRENT ASSETS 213,284 231,706
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,105,147

1,077,866

PROVISIONS FOR LIABILITIES 14,097 5,414
NET ASSETS 1,091,050 1,072,452

CAPITAL AND RESERVES
Called up share capital 8 100 100
Non distributable reserve 9 6,499 -
Retained earnings 1,084,451 1,072,352
SHAREHOLDERS' FUNDS 1,091,050 1,072,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

SJCL Investments Limited (Registered number: 05228046)

Balance Sheet - continued
30 June 2023


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 director and authorised for issue on 27 February 2024 and were signed by:





Mr S J Lewis - Director


SJCL Investments Limited (Registered number: 05228046)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

SJCL Investments 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in the market value is recognised in profit or loss.

A transfer is made from retained earnings to the non distributable reserve for the amount of any market value surplus or deficit net of deferred tax provided.

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.

Fixed asset investments
Investments are shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in the market value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

SJCL Investments Limited (Registered number: 05228046)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 July 2022 296,160
Revaluations 15,703
At 30 June 2023 311,863
NET BOOK VALUE
At 30 June 2023 311,863
At 30 June 2022 296,160

Cost or valuation at 30 June 2023 is represented by:

Other
investments
£   
Valuation in 2023 66,173
Cost 245,690
311,863

Fixed asset investments were valued on an open market basis on 30 June 2023 by Integrated Financial Arrangements Ltd .

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022 550,000
Revaluations 30,000
At 30 June 2023 580,000
NET BOOK VALUE
At 30 June 2023 580,000
At 30 June 2022 550,000

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2023 8,023
Cost 571,977
580,000

Investment property was valued on an open market basis on 30 June 2023 by the director, Mr S J Lewis .

SJCL Investments Limited (Registered number: 05228046)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 144 33,964

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 2,343 3,115
Accruals and deferred income 858 858
3,201 3,973

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Non
distributable
reserve
£   
Transfer between reserves 6,499

At 30 June 2023 6,499

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

2023 2022
£    £   
Mr S J Lewis
Balance outstanding at start of year 33,964 23,707
Amounts advanced 876 34,279
Amounts repaid (34,696 ) (24,022 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 144 33,964

Interest was charged on the director's advances at HM Revenue & Customs official rate of 2.0% per annum to 5 April 2023 and 2.25% per annum thereafter.

The outstanding advances were repaid within nine months of the year end.