IRIS Accounts Production v23.3.1.45 04127238 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041272382022-03-31041272382023-03-31041272382022-04-012023-03-31041272382021-03-31041272382021-04-012022-03-31041272382022-03-3104127238ns10:Originalns15:EnglandWales2022-04-012023-03-3104127238ns14:PoundSterlingns10:Original2022-04-012023-03-3104127238ns10:Originalns10:Director12022-04-012023-03-3104127238ns10:Original2022-04-012023-03-3104127238ns10:Original2023-03-3104127238ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3104127238ns10:Originalns10:SmallEntities2022-04-012023-03-3104127238ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3104127238ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104127238ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3104127238ns10:Originalns10:FullAccounts2022-04-012023-03-3104127238ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3104127238ns10:Originalns10:Director22022-04-012023-03-3104127238ns10:CompanySecretary1ns10:Original2022-04-012023-03-3104127238ns10:Originalns10:RegisteredOffice2022-04-012023-03-3104127238ns10:Original2022-03-3104127238ns10:Originalns5:CurrentFinancialInstruments2023-03-3104127238ns10:Originalns5:CurrentFinancialInstruments2022-03-3104127238ns10:Originalns5:Non-currentFinancialInstruments2023-03-3104127238ns10:Originalns5:Non-currentFinancialInstruments2022-03-3104127238ns5:ShareCapitalns10:Original2023-03-3104127238ns5:ShareCapitalns10:Original2022-03-3104127238ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3104127238ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104127238ns10:Originalns5:PlantMachinery2022-04-012023-03-3104127238ns10:Originalns5:FurnitureFittings2022-04-012023-03-3104127238ns10:Originalns5:ComputerEquipment2022-04-012023-03-3104127238ns10:Original2021-04-012022-03-3104127238ns10:Originalns5:PlantMachinery2022-03-3104127238ns10:Originalns5:FurnitureFittings2022-03-3104127238ns10:Originalns5:ComputerEquipment2022-03-3104127238ns10:Original2022-03-3104127238ns10:Originalns5:PlantMachinery2023-03-3104127238ns10:Originalns5:FurnitureFittings2023-03-3104127238ns10:Originalns5:ComputerEquipment2023-03-3104127238ns10:Originalns5:PlantMachinery2022-03-3104127238ns10:Originalns5:FurnitureFittings2022-03-3104127238ns10:Originalns5:ComputerEquipment2022-03-3104127238ns10:Originalns5:CostValuation2022-03-3104127238ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104127238ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3104127238ns10:Originalns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-3104127238ns10:Originalns5:Non-currentFinancialInstrumentsns5:AfterOneYear2022-03-3104127238ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3104127238ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-03-3104127238ns10:Originalns10:OrdinaryShareClass12023-03-3104127238ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104127238ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-3104127238ns10:Original1ns10:Director12022-03-3104127238ns10:Original1ns10:Director12021-03-3104127238ns10:Original1ns10:Director12022-04-012023-03-3104127238ns10:Original1ns10:Director12021-04-012022-03-3104127238ns10:Original1ns10:Director12023-03-3104127238ns10:Original1ns10:Director12022-03-31
REGISTERED NUMBER: 04127238 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

SNJ (UK) LIMITED

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SNJ (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Dr M S Nathan
J Nathan





SECRETARY: J Nathan





REGISTERED OFFICE: Suite 8
103 Harley Street
London
W1G 6AJ





REGISTERED NUMBER: 04127238 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,024 3,398
Investments 5 12,625 12,625
Investment property 6 1,774,846 1,774,846
1,791,495 1,790,869

CURRENT ASSETS
Debtors 7 975,479 1,253,391
Cash at bank and in hand 2,881 84,227
978,360 1,337,618
CREDITORS
Amounts falling due within one year 8 1,330,243 451,533
NET CURRENT (LIABILITIES)/ASSETS (351,883 ) 886,085
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,439,612

2,676,954

CREDITORS
Amounts falling due after more than
one year

9

418,849

1,373,866
NET ASSETS 1,020,763 1,303,088

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 1,020,663 1,302,988
SHAREHOLDERS' FUNDS 1,020,763 1,303,088

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 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.

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

BALANCE SHEET - continued
31 MARCH 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 Board of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by:





Dr M S Nathan - Director


SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

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


1. STATUTORY INFORMATION

SNJ (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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
Computer equipment - 25% on reducing balance

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

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.

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 64,232 64,684 18,032 146,948
Additions - - 1,966 1,966
At 31 March 2023 64,232 64,684 19,998 148,914
DEPRECIATION
At 1 April 2022 64,036 63,270 16,244 143,550
Charge for year 49 353 938 1,340
At 31 March 2023 64,085 63,623 17,182 144,890
NET BOOK VALUE
At 31 March 2023 147 1,061 2,816 4,024
At 31 March 2022 196 1,414 1,788 3,398

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 12,625
NET BOOK VALUE
At 31 March 2023 12,625
At 31 March 2022 12,625

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

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


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 1,774,846
NET BOOK VALUE
At 31 March 2023 1,774,846
At 31 March 2022 1,774,846

7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 13,626 42,749
Other debtors - 248,789
13,626 291,538

Amounts falling due after more than one year:
Other debtors 961,853 961,853

Aggregate amounts 975,479 1,253,391

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 10)
36,160

83,301
Trade creditors - 11,074
Taxation and social security 57,141 55,645
Other creditors 1,236,942 301,513
1,330,243 451,533

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans (see note 10) 32,500 47,500
Other creditors 386,349 1,326,366
418,849 1,373,866

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

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


10. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 21,160 18,301
Bank loans 15,000 65,000
Other loans 781,049 40,404
817,209 123,705

Amounts falling due between two and five years:
Bank loans - 2-5 years 32,500 47,500
Other loans - 2-5 years 386,349 1,326,366
418,849 1,373,866

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100

12. RESERVES
Retained
earnings
£   

At 1 April 2022 1,302,988
Deficit for the year (282,325 )
At 31 March 2023 1,020,663

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

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


13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
Dr M S Nathan
Balance outstanding at start of year 248,789 96,011
Amounts advanced 324,696 349,613
Amounts repaid (824,659 ) (196,835 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (251,174 ) 248,789

14. RELATED PARTY DISCLOSURES

Included within other debtors at 31 March 2023 is a loan made to SNJ Property Management Private Limited, a company incorporated in India and controlled by the directors, of £854,088 (2022: £854,088).

Included within other creditors at 31 March 2023 are amounts due to Snap International Limited, a company incorporated in England & Wales and controlled by the directors of £32,112 (2022: £57,755)