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REGISTERED NUMBER: 04127238 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

SNJ (UK) LIMITED

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SNJ (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Dr M S Nathan
J Nathan





SECRETARY: J Nathan





REGISTERED OFFICE: Suite 8
103 Harley Street
London
W1G 6AJ





REGISTERED NUMBER: 04127238 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,926 4,024
Investments 5 - 12,625
Investment property 6 1,650,000 1,774,846
1,653,926 1,791,495

CURRENT ASSETS
Debtors 7 603,876 975,479
Cash at bank and in hand 28,365 2,881
632,241 978,360
CREDITORS
Amounts falling due within one year 8 (1,102,182 ) (1,330,243 )
NET CURRENT LIABILITIES (469,941 ) (351,883 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,183,985

1,439,612

CREDITORS
Amounts falling due after more than
one year

9

(389,290

)

(418,849

)
NET ASSETS 794,695 1,020,763

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

BALANCE SHEET - continued
31 MARCH 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 (93,635 ) -
Retained earnings 12 888,230 1,020,663
SHAREHOLDERS' FUNDS 794,695 1,020,763

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 20 March 2025 and were signed on its behalf by:





Dr M S Nathan - Director


SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

SNJ (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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 64,232 64,684 19,998 148,914
Additions - - 1,211 1,211
At 31 March 2024 64,232 64,684 21,209 150,125
DEPRECIATION
At 1 April 2023 64,085 63,623 17,182 144,890
Charge for year 37 265 1,007 1,309
At 31 March 2024 64,122 63,888 18,189 146,199
NET BOOK VALUE
At 31 March 2024 110 796 3,020 3,926
At 31 March 2023 147 1,061 2,816 4,024

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. FIXED ASSET INVESTMENTS
Other
investmen
£   
COST
At 1 April 2023 12,625
Disposals (12,625 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 12,625

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,774,846
Revaluations (124,846 )
At 31 March 2024 1,650,000
NET BOOK VALUE
At 31 March 2024 1,650,000
At 31 March 2023 1,774,846

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 (124,846 )
Cost 1,774,846
1,650,000

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 29,520 13,626
Amounts owed by group undertakings 10,010 -
Other debtors 31,212 -
70,742 13,626

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Other debtors 533,134 961,853

Aggregate amounts 603,876 975,479

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 10) 15,000 36,160
Taxation and social security 65,201 57,141
Other creditors 1,021,981 1,236,942
1,102,182 1,330,243

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans (see note 10) 17,500 32,500
Other creditors 371,790 386,349
389,290 418,849

10. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 21,160
Bank loans 15,000 15,000
Other loans 21,162 781,049
36,162 817,209

Amounts falling due between two and five years:
Bank loans - 2-5 years 17,500 32,500
Other loans - 2-5 years 371,790 386,349
389,290 418,849

SNJ (UK) LIMITED (REGISTERED NUMBER: 04127238)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2023 1,020,663 - 1,020,663
Deficit for the year (226,068 ) (226,068 )
Unrealised fair value loss 93,635 (93,635 ) -
At 31 March 2024 888,230 (93,635 ) 794,595

13. RELATED PARTY DISCLOSURES

Included within other debtors at 31 March 2024 is a loan made to SNJ Property Management Private Limited, a company incorporated in India and controlled by the directors, of £421,257 (2023: £854,088).