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REGISTERED NUMBER: 04321207 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

S I J Limited

S I J Limited (Registered number: 04321207)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S I J Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: I R Jellett





SECRETARY: Miss S N Green





REGISTERED OFFICE: 12 West Links
Tollgate
Chandlers Ford
Eastleigh
Hampshire
SO53 3TG





REGISTERED NUMBER: 04321207 (England and Wales)





ACCOUNTANTS: Talbot Accounting Solutions LLP
Bartley Cottage
Ringwood Road
Bartley
Southampton
Hampshire
SO40 7LD

S I J Limited (Registered number: 04321207)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 300 300
Investment property 5 680,000 680,000
680,300 680,300

CURRENT ASSETS
Stocks 308,988 308,988
Debtors 6 455,546 457,867
Cash at bank 49,816 48,996
814,350 815,851
CREDITORS
Amounts falling due within one year 7 706,511 773,027
NET CURRENT ASSETS 107,839 42,824
TOTAL ASSETS LESS CURRENT
LIABILITIES

788,139

723,124

CREDITORS
Amounts falling due after more than one
year

8

1,318,705

1,248,720
NET LIABILITIES (530,566 ) (525,596 )

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings (530,866 ) (525,896 )
(530,566 ) (525,596 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

S I J Limited (Registered number: 04321207)

Balance Sheet - continued
31 December 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 19 September 2024 and were signed by:





I R Jellett - Director


S I J Limited (Registered number: 04321207)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

S I J 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.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Leases
Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount
of the leased asset and recognised on a straight line basis over the lease term.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 300
NET BOOK VALUE
At 31 December 2023 300
At 31 December 2022 300

S I J Limited (Registered number: 04321207)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 680,000
NET BOOK VALUE
At 31 December 2023 680,000
At 31 December 2022 680,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out on 31 December 2021. The director does not deem the market value to be materially different at 31 December 2023.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 449,863 449,863
Other debtors 5,683 8,004
455,546 457,867

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1 -
Amounts owed to group undertakings 579,372 619,372
Other creditors 127,138 153,655
706,511 773,027

Included within Other creditors due within one year is £123,483 (2022: £150,000) secured by fixed charges over the company's assets.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 317,220 317,220
Other creditors 1,001,485 931,500
1,318,705 1,248,720

Creditors due after more than one year are secured by fixed charges over the company's assets.

S I J Limited (Registered number: 04321207)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. RELATED PARTY DISCLOSURES

During the year the company entered into the following transactions with related parties:

Mr I R Jellett

A director and shareholder of the company during the year.

At the year end the company owed 809,000 (2022: £654,000) to Mr I R Jellett as a long-term loan. No
interest has been charged on the loan.

CCM Homes (Scotland) Limited

The company has taken advantage of the exemption available in FRS102 whereby it has not disclosed
transactions with its ultimate parent company