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Company Registration No. 04944321 (England and Wales)
SJM Enterprises Limited Unaudited accounts for the year ended 31 October 2024
SJM Enterprises Limited Unaudited accounts Contents
Page
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SJM Enterprises Limited Company Information for the year ended 31 October 2024
Directors
Stephen John Mason Janet Louise Mason
Secretary
SJ Mason
Company Number
04944321 (England and Wales)
Registered Office
51 Wilmslow Road Cheadle Cheshire SK8 1HG England
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SJM Enterprises Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
207 
157 
Current assets
Debtors
1,432 
1,857 
Cash at bank and in hand
8,823 
13,612 
10,255 
15,469 
Creditors: amounts falling due within one year
(6,439)
(13,513)
Net current assets
3,816 
1,956 
Total assets less current liabilities
4,023 
2,113 
Provisions for liabilities
Deferred tax
(40)
(30)
Net assets
3,983 
2,083 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
1,983 
83 
Shareholders' funds
3,983 
2,083 
For the year ending 31 October 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 4 November 2024 and were signed on its behalf by
Stephen John Mason Director Company Registration No. 04944321
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SJM Enterprises Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
SJM Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 04944321. The registered office and principal place of business is 51 Wilmslow Road, Cheadle, Cheshire, SK8 1HG, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% reducing balance
Computer equipment
33% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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SJM Enterprises Limited Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
2,830 
7,079 
9,909 
Additions
- 
236 
236 
At 31 October 2024
2,830 
7,315 
10,145 
Depreciation
At 1 November 2023
2,830 
6,922 
9,752 
Charge for the year
- 
186 
186 
At 31 October 2024
2,830 
7,108 
9,938 
Net book value
At 31 October 2024
- 
207 
207 
At 31 October 2023
- 
157 
157 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
698 
1,422 
Accrued income and prepayments
454 
435 
Other debtors
280 
- 
1,432 
1,857 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
9,479 
Loans from directors
332 
54 
Deferred income
6,107 
3,980 
6,439 
13,513 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
40 
30 
2024 
2023 
£ 
£ 
Provision at start of year
30 
78 
Charged/(credited) to the profit and loss account
10 
(48)
Provision at end of year
40 
30 
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SJM Enterprises Limited Notes to the Accounts for the year ended 31 October 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000 
2,000 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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