Silverfin false false 31/07/2024 01/08/2023 31/07/2024 Jamie Robert Vicars 06/07/2020 21 April 2025 The principal activity of the Company during the financial year was that of general cleaning of buildings. SC666375 2024-07-31 SC666375 bus:Director1 2024-07-31 SC666375 2023-07-31 SC666375 core:CurrentFinancialInstruments 2024-07-31 SC666375 core:CurrentFinancialInstruments 2023-07-31 SC666375 core:ShareCapital 2024-07-31 SC666375 core:ShareCapital 2023-07-31 SC666375 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC666375 core:RetainedEarningsAccumulatedLosses 2023-07-31 SC666375 core:PlantMachinery 2023-07-31 SC666375 core:Vehicles 2023-07-31 SC666375 core:ComputerEquipment 2023-07-31 SC666375 core:PlantMachinery 2024-07-31 SC666375 core:Vehicles 2024-07-31 SC666375 core:ComputerEquipment 2024-07-31 SC666375 2022-07-31 SC666375 bus:OrdinaryShareClass1 2024-07-31 SC666375 2023-08-01 2024-07-31 SC666375 bus:FilletedAccounts 2023-08-01 2024-07-31 SC666375 bus:SmallEntities 2023-08-01 2024-07-31 SC666375 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 SC666375 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC666375 bus:Director1 2023-08-01 2024-07-31 SC666375 core:PlantMachinery 2023-08-01 2024-07-31 SC666375 core:Vehicles 2023-08-01 2024-07-31 SC666375 core:ComputerEquipment 2023-08-01 2024-07-31 SC666375 2022-08-01 2023-07-31 SC666375 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 SC666375 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC666375 (Scotland)

SJB CLEANING SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH THE REGISTRAR

SJB CLEANING SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024

Contents

SJB CLEANING SERVICES LTD

BALANCE SHEET

AS AT 31 JULY 2024
SJB CLEANING SERVICES LTD

BALANCE SHEET (continued)

AS AT 31 JULY 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 4,183 6,999
4,183 6,999
Current assets
Debtors 4 0 2,249
Cash at bank and in hand 5 5,636 517
5,636 2,766
Creditors: amounts falling due within one year 6 ( 17,509) ( 8,191)
Net current liabilities (11,873) (5,425)
Total assets less current liabilities (7,690) 1,574
Provision for liabilities 7, 8 0 ( 732)
Net (liabilities)/assets ( 7,690) 842
Capital and reserves
Called-up share capital 9 100 100
Profit and loss account ( 7,790 ) 742
Total shareholder's (deficit)/funds ( 7,690) 842

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of SJB Cleaning Services Ltd (registered number: SC666375) were approved and authorised for issue by the Director on 21 April 2025. They were signed on its behalf by:

Jamie Robert Vicars
Director
SJB CLEANING SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
SJB CLEANING SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

SJB Cleaning Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Unit 13 Welton Road Business Park, Welton Road, Blairgowrie, PH10 6HE, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 20 % reducing balance
Vehicles 20 % reducing balance
Computer equipment 33 % reducing balance
Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Provisions

Deferred tax provisions are recognised when the Company has a present obligation as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 3

3. Tangible assets

Plant and machinery Vehicles Computer equipment Total
£ £ £ £
Cost
At 01 August 2023 2,280 8,594 788 11,662
Additions 0 2,700 0 2,700
Disposals 0 ( 8,094) 0 ( 8,094)
At 31 July 2024 2,280 3,200 788 6,268
Accumulated depreciation
At 01 August 2023 1,137 3,288 238 4,663
Charge for the financial year 229 686 181 1,096
Disposals 0 ( 3,674) 0 ( 3,674)
At 31 July 2024 1,366 300 419 2,085
Net book value
At 31 July 2024 914 2,900 369 4,183
At 31 July 2023 1,143 5,306 550 6,999

4. Debtors

2024 2023
£ £
Corporation tax 0 2,249

5. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 5,636 517

6. Creditors: amounts falling due within one year

2024 2023
£ £
Other taxation and social security 7,591 1,280
Other creditors 9,918 6,911
17,509 8,191

7. Provision for liabilities

2024 2023
£ £
Deferred tax 0 732

8. Deferred tax

2024 2023
£ £
At the beginning of financial year ( 732) ( 113)
Credited/(charged) to the Profit and Loss Account 732 ( 619)
At the end of financial year 0 ( 732)

9. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary Shares shares of £ 1.00 each 100 100

10. Related party transactions

Transactions with owners holding a participating interest in the entity

2024 2023
£ £
Director's Loan Account 2,000 4,870

The loan is Interest free and has no fixed terms of repayment.