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Company Registration No. 12619896 (England and Wales)
SJC HEATING & PLUMBING LTD Unaudited accounts for the year ended 31 May 2024
SJC HEATING & PLUMBING LTD Unaudited accounts Contents
Page
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SJC HEATING & PLUMBING LTD Company Information for the year ended 31 May 2024
Director
Stephen Cooke
Company Number
12619896 (England and Wales)
Registered Office
OFFICE 42 IMEX BUSINESS CENTRE OXLEASOW ROAD REDDITCH B98 0RE ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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SJC HEATING & PLUMBING LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,177 
34,635 
Current assets
Inventories
5,100 
12,100 
Debtors
9,858 
33,764 
Cash at bank and in hand
5,252 
- 
20,210 
45,864 
Creditors: amounts falling due within one year
(26,303)
(41,466)
Net current (liabilities)/assets
(6,093)
4,398 
Total assets less current liabilities
21,084 
39,033 
Creditors: amounts falling due after more than one year
(33,392)
(38,642)
Net (liabilities)/assets
(12,308)
391 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(12,309)
390 
Shareholders' funds
(12,308)
391 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 18 February 2025 and were signed on its behalf by
Stephen Cooke Director Company Registration No. 12619896
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SJC HEATING & PLUMBING LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SJC HEATING & PLUMBING LTD is a private company, limited by shares, registered in England and Wales, registration number 12619896. The registered office is OFFICE 42 IMEX BUSINESS CENTRE, OXLEASOW ROAD, REDDITCH, B98 0RE, 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.
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:
Plant & machinery
20% Straight Line Method
Motor vehicles
20% Reducing Balance Method
Computer equipment
25% Straight Line Method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
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SJC HEATING & PLUMBING LTD Notes to the Accounts for the year ended 31 May 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Going concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the director. The director has indicated his support will continue for the foreseeable future.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
701 
38,516 
670 
39,887 
Additions
484 
- 
- 
484 
Disposals
- 
(6,166)
- 
(6,166)
At 31 May 2024
1,185 
32,350 
670 
34,205 
Depreciation
At 1 June 2023
140 
4,776 
336 
5,252 
Charge for the year
237 
2,912 
168 
3,317 
On disposals
- 
(1,541)
- 
(1,541)
At 31 May 2024
377 
6,147 
504 
7,028 
Net book value
At 31 May 2024
808 
26,203 
166 
27,177 
At 31 May 2023
561 
33,740 
334 
34,635 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,784 
1,419 
Trade debtors
1,120 
32,345 
Accrued income and prepayments
50 
- 
Other debtors
4,904 
- 
9,858 
33,764 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
5,908 
6,011 
Taxes and social security
(6,809)
(2,461)
Loans from directors
25,764 
36,626 
Accruals
1,440 
1,290 
26,303 
41,466 
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SJC HEATING & PLUMBING LTD Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
33,392 
38,642 
8
Transactions with related parties
At the year end there was a balance of £25764 (2023 - £36626) owed to sole director, Mr Stephen Cooke.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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