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REGISTERED NUMBER: 08668363 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st August 2024

for

I.S.J. Investments Limited

I.S.J. Investments Limited (Registered number: 08668363)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


I.S.J. Investments Limited (Registered number: 08668363)

Balance Sheet
31st August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 17,508 20,859

CURRENT ASSETS
Debtors 5 219,404 157,601

CREDITORS
Amounts falling due within one year 6 233,271 162,190
NET CURRENT LIABILITIES (13,867 ) (4,589 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,641

16,270

CREDITORS
Amounts falling due after more than one year 7 (25,595 ) (15,757 )

PROVISIONS FOR LIABILITIES (108 ) (253 )
NET (LIABILITIES)/ASSETS (22,062 ) 260

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (22,064 ) 258
SHAREHOLDERS' FUNDS (22,062 ) 260

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

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

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st May 2025 and were signed by:





L Josephs - Director


I.S.J. Investments Limited (Registered number: 08668363)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. COMPANY INFORMATION

I.S.J. Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08668363

Registered office: The Lexicon
Mount Street
Manchester
M2 5NT

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.

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

Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings Freehold - 10% straight line
Fixtures, fittings & equipment - 20% straight line
Computer equipment - 33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

I.S.J. Investments Limited (Registered number: 08668363)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1st September 2023
and 31st August 2024 25,910 1,620 5,893 33,423
DEPRECIATION
At 1st September 2023 6,380 1,620 4,564 12,564
Charge for year 2,591 - 760 3,351
At 31st August 2024 8,971 1,620 5,324 15,915
NET BOOK VALUE
At 31st August 2024 16,939 - 569 17,508
At 31st August 2023 19,530 - 1,329 20,859

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 70,620 61,620
S455 recoverable 13,324 -
Directors' current accounts 135,460 95,981
219,404 157,601

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 68,498 58,457
Trade creditors (1 ) -
Tax 149,516 101,820
s455 payable 13,324 -
Accrued expenses 1,934 1,913
233,271 162,190

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans - 2-5 years 21,094 15,757
Other loans - 1-2 years 4,501 -
25,595 15,757

Bank loans consist of a bounceback loan, which is a government backed loan with a fixed term of 6 years for which the company incurs no interest during the first year and incurs interest at 2.5% per annum for the remainder of the term.

I.S.J. Investments Limited (Registered number: 08668363)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
2 Ordinary 1 2 2

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st August 2024 and 31st August 2023:

31.8.24 31.8.23
£    £   
L Josephs
Balance outstanding at start of year 95,981 41,261
Amounts advanced 266,432 184,448
Amounts repaid (226,855 ) (129,728 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 135,558 95,981

10. RELATED PARTY DISCLOSURES

During the year the company operated a loan account with b Josephs, a close family member of the director L Josephs. At the balance sheet date, the company was owed £3,120 (2022: £13,120) from B Josephs. This balance is included within other debtors and is unsecured, interest free and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the director L Josephs and his spouse N Josephs by virtue of their combined holding of the entirety of the voting share capital of the company.