Registered number
05189730
S J Industries Limited
Filleted Accounts
31 December 2023
S J Industries Limited
Registered number: 05189730
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 2,872,600 2,872,600
2,872,600 2,872,600
Current assets
Cash at bank and in hand 36,366 308,284
36,366 308,284
Creditors: amounts falling due within one year 4 (50,086) (60,226)
Net current (liabilities)/assets (13,720) 248,058
Total assets less current liabilities 2,858,880 3,120,658
Creditors: amounts falling due after more than one year 5 (1,976,199) (2,251,952)
Provisions for liabilities - -
Net assets 882,681 868,706
Capital and reserves
Called up share capital 1 1
Share premium - -
Revaluation reserve 7 978,307 978,307
Profit and loss account (95,627) (109,602)
Shareholders' funds 882,681 868,706
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Steven Jones
Director
Approved by the board on 20 September 2024
S J Industries Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognisd in profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Investment Property
Properties Total
£ £
Cost
At 1 January 2023 2,872,600 2,872,600
Additions - -
Surplus on revaluation - -
Disposals - -
At 31 December 2023 2,872,600 2,872,600
Depreciation
At 1 January 2023 - -
Charge for the year - -
Surplus on revaluation - -
On disposals - -
At 31 December 2023 - -
Net book value
At 31 December 2023 2,872,600 2,872,600
At 31 December 2022 2,872,600 2,872,600
Cost or valuation at 31 December 2022 is represented by:
Valuation in 2006 260,217
Valuation in 2011 60,000
Cost 1,894,293
Valuation in 2022 658,090
2,872,600
If the Investment properties had not been revalued they would have been included at the following historical cost:
2023 2022
Cost 1,894,293 1,894,293
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 11,913 13,887
Other creditors 38,173 46,339
50,086 60,226
5 Creditors: amounts falling due after one year 2023 2022
£ £
Amounts payable otherwise than by instalment falling due for payment after more than five years repayable otherwise than by installments - 1,976,199 2,251,638
1,976,199 2,251,638
6 Loans 2023 2022
£ £
Creditors include:
Amounts payable otherwise than by instalment falling due for payment after more than five years - 314
Instalments falling due for payment after more than five years - -
- 314
7 Revaluation reserve 2023 2022
£ £
At 1 January 2023 978,307 320,217
Gain on revaluation of land and buildings - 658,090
At 31 December 2023 978,307 978,307
8 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Steven Jones (36,626) (14,983) 21,776 (29,833)
(36,626) (14,983) 21,776 (29,833)
9 Controlling party
Steven Jones
10 Other information
S J Industries Limited is a private company limited by shares and incorporated in England. Its registered office is:
76 Dale Road
Spondon
Derby
DE21 7DF
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