Company Registration No. 10275023 (England and Wales)
SJS Property Limited
Unaudited accounts
for the year ended 31 July 2024
SJS Property Limited
Unaudited accounts
Contents
SJS Property Limited
Company Information
for the year ended 31 July 2024
Directors
Joanne Dawson
Simon Dawson
Company Number
10275023 (England and Wales)
Registered Office
15A Sidings Place, Station Road
Uppingham
Rutland
LE15 9TX
Accountants
SLW Accountancy
15A Sidings Place
Station Road
Uppingham
Rutland
LE15 9TX
SJS Property Limited
Statement of financial position
as at 31 July 2024
Investment property
243,002
243,002
Creditors: amounts falling due within one year
(193,685)
(120,805)
Net current liabilities
(193,281)
(117,585)
Total assets less current liabilities
80,625
125,417
Creditors: amounts falling due after more than one year
(111,620)
(123,022)
Net (liabilities)/assets
(30,995)
2,395
Called up share capital
100
100
Profit and loss account
(31,095)
2,295
Shareholders' funds
(30,995)
2,395
For the year ending 31 July 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
Joanne Dawson
Director
Company Registration No. 10275023
SJS Property Limited
Notes to the Accounts
for the year ended 31 July 2024
SJS Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10275023. The registered office is 15A Sidings Place, Station Road, Uppingham, Rutland, LE15 9TX.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
26,382
5,652
32,034
At 31 July 2024
26,382
5,652
32,034
Charge for the year
-
1,130
1,130
At 31 July 2024
-
1,130
1,130
At 31 July 2024
26,382
4,522
30,904
Fair value at 1 August 2023
243,002
SJS Property Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Accrued income and prepayments
404
2,451
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,289
15,303
Loans from directors
180,712
103,676
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
111,620
123,022
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).