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REGISTERED NUMBER: 03003971 (England and Wales)















S J M EUROSTAT (UK) LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






S J M EUROSTAT (UK) LIMITED (REGISTERED NUMBER: 03003971)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


S J M EUROSTAT (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: J L Houalla
Y W Soo
S Shibin





REGISTERED OFFICE: Sjm Eurostat (Uk) Limited Unit 1 A
Ashville Court Methuen Park
Chippenham
Wiltshire
SN14 0GT





REGISTERED NUMBER: 03003971 (England and Wales)





AUDITORS: Murray Smith LLP
Chartered Accountants
Statutory Auditor
Darland House
44 Winnington Hill
Northwich
Cheshire
CW8 1AU

S J M EUROSTAT (UK) LIMITED (REGISTERED NUMBER: 03003971)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 56,592 71,199

CURRENT ASSETS
Stocks 83,695 77,388
Debtors 5 141,797 217,596
Cash at bank 62,337 87,967
287,829 382,951
CREDITORS
Amounts falling due within one year 6 728,257 813,668
NET CURRENT LIABILITIES (440,428 ) (430,717 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(383,836

)

(359,518

)

CREDITORS
Amounts falling due after more than one
year

7

167,674

171,720
NET LIABILITIES (551,510 ) (531,238 )

CAPITAL AND RESERVES
Called up share capital 8 75,000 75,000
Profit and loss account (626,510 ) (606,238 )
SHAREHOLDERS' FUNDS (551,510 ) (531,238 )

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by:





J L Houalla - Director


S J M EUROSTAT (UK) LIMITED (REGISTERED NUMBER: 03003971)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

S J M Eurostat (UK) 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.

Going Concern
The accounts have been prepared on the going concern basis as the parent company has confirmed that it will continue to provide financial support to the company for the forseeable future. With the confirmed support of the parent company the directors are satisfied that the company has adequate resources and sufficient cash flows to enable it to meet its liabilities as and when they fall due for a period of not less than 12 months from the date of approval of these financial statements.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for the sale of goods or services in the ordinary course of business. Turnover is recognised at the point of exchange of goods or services, and is stated net of VAT.

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 - 10% - 33% on cost
Motor vehicles - 10% and 20% on cost
Computer equipment - 33% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

S J M EUROSTAT (UK) LIMITED (REGISTERED NUMBER: 03003971)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

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
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 makes contributions to employees' personal pension schemes. Contributions payable for the year are charged in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 41,188 37,292 11,322 89,802
DEPRECIATION
At 1 October 2023 4,668 3,984 9,951 18,603
Charge for year 7,097 7,058 452 14,607
At 30 September 2024 11,765 11,042 10,403 33,210
NET BOOK VALUE
At 30 September 2024 29,423 26,250 919 56,592
At 30 September 2023 36,520 33,308 1,371 71,199

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 95,865 173,663
Other debtors 10,039 10,039
Prepayments 35,893 33,894
141,797 217,596

S J M EUROSTAT (UK) LIMITED (REGISTERED NUMBER: 03003971)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts due to group companies 675,217 731,945
Trade creditors 32,182 33,991
Social security and other taxes 16,106 28,951
Other creditors 2,000 888
Accrued expenses 2,752 17,893
728,257 813,668

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts due to group companies - more
than 5 years

167,674

171,720

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Amounts due to group companies - more
than 5 years

167,674

171,720

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
75,000 Ordinary £1 75,000 75,000

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Steven Williams (Senior Statutory Auditor)
for and on behalf of Murray Smith LLP

10. OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £86,250 (2023 : £115,000).

11. RELATED PARTY DISCLOSURES

SJM Eurostat SAS is the immediate parent company as at the balance sheet date. The address of the principal place of business is 1 Rond-Point du General Eisenhower Golf Park - Batiment C - 31100 Toulouse France.

The results of the company are included in the consolidated accounts of Dou Yee Enterprises (S) Pte Limited, whose registered office is located at 2304 Bedok Reservoir Road, Bedok Industrial Park C, Singapore 479223.