2023-12-01 07848353 2024-11-30 07848353 2023-12-01 2024-11-30 07848353 2023-11-30 07848353 2022-12-01 2023-11-30 07848353 uk-core:WithinOneYear 2023-11-30 07848353 uk-core:WithinOneYear 2024-11-30 07848353 uk-core:AfterOneYear 2023-11-30 07848353 uk-core:AfterOneYear 2024-11-30 07848353 uk-core:ShareCapital 2024-11-30 07848353 uk-core:ShareCapital 2023-11-30 07848353 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 07848353 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 07848353 uk-bus:Director1 2023-12-01 2024-11-30 07848353 uk-core:PlantMachinery 2023-12-01 2024-11-30 07848353 uk-core:CommercialMotorVehicles 2023-12-01 2024-11-30 07848353 uk-core:CommercialMotorVehicles 2023-11-30 07848353 uk-core:PlantMachinery 2023-11-30 07848353 uk-core:PlantMachinery 2024-11-30 07848353 uk-core:CommercialMotorVehicles 2024-11-30 07848353 uk-core:WithinOneYear 2024-11-30 07848353 uk-core:WithinOneYear 2023-11-30 07848353 uk-core:AfterOneYear uk-core:Secured 2024-11-30 07848353 uk-core:AfterOneYear uk-core:Secured 2023-11-30 iso4217:GBP xbrli:pure 07848353 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 07848353 uk-bus:FRS102 2023-12-01 2024-11-30 07848353 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 07848353 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
SJF ELECTRICAL & BUILDING SERVICES LTD
Registered Number:07848353
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
07848353
As at 30 November 2024
SJF ELECTRICAL & BUILDING SERVICES LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
8,203
10,284
2
8,203
10,284
Current assets
Trade and other receivables
81,849
93,464
3
372
Cash and cash equivalents
225
93,689
82,221
Trade and other payables: amounts falling due within one
year
(63,815)
(74,704)
4
18,406
18,985
Net current assets
Total assets less current liabilities
27,188
28,690
Trade and other payables: amounts falling due after more
than one year
(26,567)
(24,819)
5
(1,886)
(1,953)
Provisions for liabilities
483
Net assets
170
Capital and reserves
Called up share capital
1
1
Retained earnings
482
169
483
170
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Stewart Floyd Director
These financial statements were approved and authorised for issue by the Board on 08 May 2025 and were signed by:
1 of 5
3
Registered Number :
07848353
For the year ended 30 November 2024
SJF ELECTRICAL & BUILDING SERVICES LTD
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
4
For the year ended 30 November 2024
SJF ELECTRICAL & BUILDING SERVICES LTD
Notes to the Financial Statements
Statutory Information
SJF ELECTRICAL & BUILDING SERVICES LTD is a private limited company, limited by shares, domiciled in England
and Wales, registration number 07848353.
Registered address:
43 Springfield Crescent
Sutton Coldfield
West Mildands
B76 2SS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and equipment
15% Reducing balance
25% Reducing balance
Motor vans
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Assets held under finance leases and hire purchase agreements are capitalised in the balance sheet and depreciated in accordance with the company's normal accounting policies. The interest is charged to the profit and loss account over the period of the agreement and represents a constant charge of the balance of capital repayments outstanding.
3 of 5
5
For the year ended 30 November 2024
SJF ELECTRICAL & BUILDING SERVICES LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor vans
Plant and
equipment
£
£
£
Cost or
valuation
At 01 December 2023
28,530
17,000
11,530
At 30 November 2024
11,530
17,000
28,530
Provision for depreciation and impairment
At 01 December 2023
18,246
11,621
6,625
Charge for year
2,081
1,345
736
At 30 November 2024
20,327
12,966
7,361
At 30 November 2024
Net book value
4,169
4,034
8,203
At 30 November 2023
4,905
5,379
10,284
3. Trade and other receivables
2023
2024
£
£
Trade debtors
22,313
12,360
Amounts owed by directors
71,151
69,489
81,849
93,464
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
15,950
26,397
Trade creditors
4,252
3,992
Taxation and social security
47,937
27,632
Accruals and deferred income
5,013
2,709
Obligations under HP/Financial leases
1,552
3,085
74,704
63,815
4 of 5
6
For the year ended 30 November 2024
SJF ELECTRICAL & BUILDING SERVICES LTD
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
24,819
25,702
865
-
Obligations under HP/Financial leases
24,819
26,567
6. Related party transactions
The ultimate controlling party during the year was Stewart Floyd , director , whom controls the company by virtue of
owning 100% of the share capital.
At the balance sheet date the director's loan account was overdrawn by £71,151 ( 2023 - overdrawn £69,489 )
which the director has indicated will be repaid form future dividends or personally raised funds .
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
5 of 5