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REGISTERED NUMBER: 11470503 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 August 2024

for

S C J M Properties Limited

S C J M Properties Limited (Registered number: 11470503)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S C J M Properties Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Ms S Packer





SECRETARY:





REGISTERED OFFICE: 12 Durdham Park
Redland
Bristol
BS6 6XA





REGISTERED NUMBER: 11470503 (England and Wales)





ACCOUNTANTS: PBTA Keynsham Limited
60A High Street
Keynsham
N E Somerset
BS31 1DX

S C J M Properties Limited (Registered number: 11470503)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,098,175 1,093,919
Investment property 5 4,350,000 4,350,000
5,448,175 5,443,919

CURRENT ASSETS
Debtors 6 1,515,937 192,387
Cash at bank 20,409 24,185
1,536,346 216,572
CREDITORS
Amounts falling due within one year 7 4,158,995 4,420,426
NET CURRENT LIABILITIES (2,622,649 ) (4,203,854 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,825,526

1,240,065

CREDITORS
Amounts falling due after more than one
year

8

(2,049,900

)

(486,500

)

PROVISIONS FOR LIABILITIES (116,344 ) (116,344 )
NET ASSETS 659,282 637,221

CAPITAL AND RESERVES
Called up share capital 1 -
Fair value reserve 10 495,992 495,992
Retained earnings 163,289 141,229
659,282 637,221

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

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

The director acknowledges her 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.

S C J M Properties Limited (Registered number: 11470503)

Balance Sheet - continued
31 August 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 May 2025 and were signed by:





Ms S Packer - Director


S C J M Properties Limited (Registered number: 11470503)

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

1. STATUTORY INFORMATION

S C J M Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

3. EMPLOYEES AND DIRECTORS

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

S C J M Properties Limited (Registered number: 11470503)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023 845,457 289,729 1,135,186
Additions - 9,950 9,950
At 31 August 2024 845,457 299,679 1,145,136
DEPRECIATION
At 1 September 2023 - 41,267 41,267
Charge for year - 5,694 5,694
At 31 August 2024 - 46,961 46,961
NET BOOK VALUE
At 31 August 2024 845,457 252,718 1,098,175
At 31 August 2023 845,457 248,462 1,093,919

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 4,350,000
NET BOOK VALUE
At 31 August 2024 4,350,000
At 31 August 2023 4,350,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2023 612,336
Cost 3,737,664
4,350,000

If Investment had not been revalued it would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 3,737,664 3,737,664
Aggregate depreciation (44,852 ) (44,852 )

Investment Property was valued on an open market basis on 30 September 2021 by Andrew Forbes Ltd and by the Director .

S C J M Properties Limited (Registered number: 11470503)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 4,450 (527 )
Amounts owed by group undertakings 124,216 201
Other debtors 1,387,271 192,713
1,515,937 192,387

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 36,600 1,636,600
Trade creditors 16,882 20,788
Amounts owed to group undertakings 4,042,379 2,720,940
Taxation and social security 9,287 5,821
Other creditors 53,847 36,277
4,158,995 4,420,426

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 2,049,900 486,500

9. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 2,086,500 2,123,100

10. RESERVES
Fair
value
reserve
£   
At 1 September 2023
and 31 August 2024 495,992

S C J M Properties Limited (Registered number: 11470503)

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

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.8.24 31.8.23
£    £   
Ms S Packer
Balance outstanding at start of year - -
Amounts advanced 897,564 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 897,564 -

A loan was advanced to the director during the year , Interest has been charged by the company at 2.25 % , The Loan was repaid in full on the 30th May 2025.

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13. ULTIMATE CONTROLLING PARTY

The Company is a wholly owned subsiduary of SCJM Holdings Limited.The ultimate controlling party's Ms S J Packer who owns 100% of the issued Shares in SCJM Holdings Limited