Registered number
SC706688
SSJ SERVICES SCOTLAND LTD
Filleted Accounts
31 August 2024
SSJ SERVICES SCOTLAND LTD
Registered number: SC706688
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,916 3,240
Current assets
Cash at bank and in hand 982 3,362
Creditors: amounts falling due within one year 4 (1,754) (1,850)
Net current assets/(liabilities) (772) 1,512
Total assets less current liabilities 2,144 4,752
Creditors: amounts falling due after more than one year 5 (43,614) (43,400)
Net assets/(liabilities) (41,470) (38,648)
Capital and reserves
Called up share capital 100 100
Profit and loss account (41,570) (38,748)
Shareholders' funds (41,470) (38,648)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Shakeel Arshad
Director
Approved by the board on 27 January 2025
SSJ SERVICES SCOTLAND LTD
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 10% Reducing balance method
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Fixture & fittings
£
Cost
At 1 September 2023 4,000
At 31 August 2024 4,000
Depreciation
At 1 September 2023 760
Charge for the year 324
At 31 August 2024 1,084
Net book value
At 31 August 2024 2,916
At 31 August 2023 3,240
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 1,754 1,850
5 Creditors: amounts falling due after one year 2024 2023
£ £
Director's loan account 43,614 43,400
SSJ SERVICES SCOTLAND LTD SC706688 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts April 2025 Mr Shakeel Arshad No description of principal activity SC706688 2022-09-01 2023-08-31 SC706688 core:WithinOneYear 2023-08-31 SC706688 core:AfterOneYear 2023-08-31 SC706688 core:ShareCapital 2023-08-31 SC706688 core:RetainedEarningsAccumulatedLosses 2023-08-31 SC706688 2023-09-01 2024-08-31 SC706688 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC706688 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 SC706688 bus:Director40 2023-09-01 2024-08-31 SC706688 2 2023-09-01 2024-08-31 SC706688 core:PlantMachinery 2023-09-01 2024-08-31 SC706688 bus:FRS102 2023-09-01 2024-08-31 SC706688 bus:FilletedAccounts 2023-09-01 2024-08-31 SC706688 2024-08-31 SC706688 core:WithinOneYear 2024-08-31 SC706688 core:AfterOneYear 2024-08-31 SC706688 core:ShareCapital 2024-08-31 SC706688 core:RetainedEarningsAccumulatedLosses 2024-08-31 SC706688 core:PlantMachinery 2024-08-31 SC706688 2023-08-31 SC706688 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure