SJF ELECTRICAL & BUILDING SERVICES LTD |
Registered Number:07848353 |
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
SJF ELECTRICAL & BUILDING SERVICES LTD
Statement of Financial Position
2023
2024
Property, plant and equipment |
8,203
10,284
2
8,203
10,284
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
1
1
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. |
These financial statements were approved and authorised for issue by the Board on 08 May 2025 and were signed by: |
1 of 5
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
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. |
43 Springfield Crescent
Sutton Coldfield
West Mildands
B76 2SS
The presentation currency is £ sterling. |
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
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
For the year ended 30 November 2024
SJF ELECTRICAL & BUILDING SERVICES LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vans
28,530
17,000
11,530
11,530
17,000
28,530
Provision for depreciation and impairment |
18,246
11,621
6,625
Charge for year
2,081
1,345
736
20,327
12,966
7,361
4,169
4,034
8,203
4,905
5,379
10,284
3. Trade and other receivables |
2023
2024
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
15,950
26,397
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
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
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