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REGISTERED NUMBER: 14305681 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

SJ Stephen Limited

SJ Stephen Limited (Registered number: 14305681)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SJ Stephen Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: S J Stephen





REGISTERED OFFICE: Enterprise House
656 Chester Road
Birmingham
B23 5TE





REGISTERED NUMBER: 14305681 (England and Wales)





ACCOUNTANTS: Franklins
18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY

SJ Stephen Limited (Registered number: 14305681)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,573 86

CURRENT ASSETS
Debtors 5 102,861 114,983
Cash at bank 86,355 3,492
189,216 118,475
CREDITORS
Amounts falling due within one year 6 45,614 30,310
NET CURRENT ASSETS 143,602 88,165
TOTAL ASSETS LESS CURRENT
LIABILITIES

146,175

88,251

PROVISIONS FOR LIABILITIES 643 22
NET ASSETS 145,532 88,229

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 145,432 88,129
SHAREHOLDERS' FUNDS 145,532 88,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

SJ Stephen Limited (Registered number: 14305681)

Balance Sheet - continued
31 May 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 February 2025 and were signed by:





S J Stephen - Director


SJ Stephen Limited (Registered number: 14305681)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

SJ Stephen 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.

Turnover
Turnover represents the company's share of the profits of the partnership

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 June 2023 115
Additions 3,423
At 31 May 2024 3,538
DEPRECIATION
At 1 June 2023 29
Charge for year 936
At 31 May 2024 965
NET BOOK VALUE
At 31 May 2024 2,573
At 31 May 2023 86

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Due from partnership 88,304 103,206
Directors' current accounts 14,557 11,777
102,861 114,983

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

SJ Stephen Limited (Registered number: 14305681)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 45,177 29,476
Social security and other taxes (463 ) -
Accruals and deferred income 900 834
45,614 30,310

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares £1 100 100

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 May 2024 and the period ended 31 May 2023:

2024 2023
£    £   
S J Stephen
Balance outstanding at start of year 11,777 -
Amounts advanced 88,913 14,420
Amounts repaid (86,133 ) (2,643 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,557 11,777

The directors loan account was repaid within nine months of the year end. Interest has been charged on the overdrawn loan account at the HM Revenue & Customs official rate of 2.25%.