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REGISTERED NUMBER: 07687750 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

S4J Limited

S4J Limited (Registered number: 07687750)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


S4J Limited (Registered number: 07687750)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 327,780 344,985
327,780 344,985

CURRENT ASSETS
Stocks - 1,040
Debtors 6 206,326 236,526
Cash at bank 107,267 134,410
313,593 371,976
CREDITORS
Amounts falling due within one year 7 230,326 268,552
NET CURRENT ASSETS 83,267 103,424
TOTAL ASSETS LESS CURRENT LIABILITIES 411,047 448,409

CREDITORS
Amounts falling due after more than one year 8 (182,176 ) (201,934 )

PROVISIONS FOR LIABILITIES (74,321 ) (57,384 )
NET ASSETS 154,550 189,091

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 154,450 188,991
SHAREHOLDERS' FUNDS 154,550 189,091

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 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.

S4J Limited (Registered number: 07687750)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





A Carden - Director


S4J Limited (Registered number: 07687750)

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

1. STATUTORY INFORMATION

S4J Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07687750

Registered office: Shires Farm
Pasturefields
London Road
Great Haywood
Staffordshire
ST18 0RB

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.

Preparation of consolidated financial statements
The financial statements contain information about S4J Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual installments over their estimated useful lives.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer and office equipment - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


S4J Limited (Registered number: 07687750)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 18 (2022 - 23 ) .

S4J Limited (Registered number: 07687750)

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

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 January 2023
and 31 December 2023 145,000
AMORTISATION
At 1 January 2023
and 31 December 2023 145,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Computer
and
Plant and Motor office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 275,955 472,209 17,574 765,738
Additions 81,714 - 1,365 83,079
Disposals - (70,309 ) (6,210 ) (76,519 )
At 31 December 2023 357,669 401,900 12,729 772,298
DEPRECIATION
At 1 January 2023 133,249 281,395 6,109 420,753
Charge for year 28,501 44,631 1,653 74,785
Eliminated on disposal - (47,787 ) (3,233 ) (51,020 )
At 31 December 2023 161,750 278,239 4,529 444,518
NET BOOK VALUE
At 31 December 2023 195,919 123,661 8,200 327,780
At 31 December 2022 142,706 190,814 11,465 344,985

S4J Limited (Registered number: 07687750)

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

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2023 388,334
Disposals (70,309 )
At 31 December 2023 318,025
DEPRECIATION
At 1 January 2023 222,387
Charge for year 38,418
Eliminated on disposal (47,787 )
At 31 December 2023 213,018
NET BOOK VALUE
At 31 December 2023 105,007
At 31 December 2022 165,947

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 141,945 158,686
Other debtors 64,381 77,840
206,326 236,526

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 40,000 40,000
Hire purchase contracts 52,284 49,524
Trade creditors 101,681 67,908
Amounts owed to group undertakings 8,360 6,677
Taxation and social security 20,376 63,868
Other creditors 7,625 40,575
230,326 268,552

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 56,667 96,667
Hire purchase contracts 125,509 105,267
182,176 201,934

S4J Limited (Registered number: 07687750)

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

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 96,667 136,667
Hire purchase contracts 177,793 154,791
274,460 291,458

Hire purchase liabilities are secured on the assets to which they relate.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Anthony Carden Holdings Limited.

The ultimate controlling party is A Carden.