SJO PROPERTIES LIMITED

Company Registration Number:
08003439 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SJO PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SJO PROPERTIES LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Stanley John Owen
Registered office: Lion House
72 Chapel Street
Netherton
West Midlands
DY2 9PN
Company Registration Number: 08003439 (England and Wales)

SJO PROPERTIES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 362,154 362,154
Total fixed assets: 362,154 362,154
Current assets
Stocks: 0 0
Debtors: 5 1,500 0
Cash at bank and in hand: 3,706 3,145
Total current assets: 5,206 3,145
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 183,959 ) ( 156,893 )
Net current assets (liabilities): ( 178,753 ) ( 153,748 )
Total assets less current liabilities: 183,401 208,406
Creditors: amounts falling due after more than one year: 7 ( 77,580 ) ( 98,106 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 105,821 110,300

The notes form part of these financial statements

SJO PROPERTIES LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 8 0 0
Profit and loss account: 105,820 110,299
Shareholders funds: 105,821 110,300

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 26 October 2024
And Signed On Behalf Of The Board By:

Name: Stanley John Owen
Status: Director

The notes form part of these financial statements

SJO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown represents the net amounts invoiced during the year, excluding Value Added Tax

    Tangible fixed assets depreciation policy

    Land & building freehold Straight line over 25 years
    Plant & machinery 25% reducing balance basis
    Fixtures & fittings 25% reducing balance basis
    Motor Vehicles 25% reducing balance basis

SJO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

SJO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

SJO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 April 2023 362,154 362,154
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 362,154 362,154
Depreciation
At 01 April 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2024 - -
Net book value
At 31 March 2024 362,154 362,154
At 31 March 2023 362,154 362,154

SJO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors


2024
£

2023
£
Trade debtors 1,300 0
Prepayments and accrued income 0 0
Other debtors 200 0
Total 1,500 0

SJO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 29,826 29,826
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 48,610 31,825
Taxation and social security 8,899 16,095
Accruals and deferred income 0 0
Other creditors 96,624 79,147
Total 183,959 156,893

SJO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 77,580 98,106
Total 77,580 98,106

SJO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8. Revaluation reserve


2024
£
Balance at 01 April 2023 0
Surplus or deficit after revaluation 0
Balance at 31 March 2024 0