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REGISTERED NUMBER: 02489786 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

S & J PRODUCTS LIMITED

S & J PRODUCTS LIMITED (REGISTERED NUMBER: 02489786)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


S & J PRODUCTS LIMITED (REGISTERED NUMBER: 02489786)

BALANCE SHEET
31 OCTOBER 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 5,006 5,219

CURRENT ASSETS
Debtors 5 1,995 4,223
Cash at bank 300,821 521,094
302,816 525,317
CREDITORS
Amounts falling due within one year 6 241,745 260,649
NET CURRENT ASSETS 61,071 264,668
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,077

269,887

CREDITORS
Amounts falling due after more than one year 7 - (166,540 )

PROVISIONS FOR LIABILITIES - (1,221 )
NET ASSETS 66,077 102,126

CAPITAL AND RESERVES
Called up share capital 9 25,000 25,000
Retained earnings 41,077 77,126
SHAREHOLDERS' FUNDS 66,077 102,126

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

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

The directors acknowledge their 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 & J PRODUCTS LIMITED (REGISTERED NUMBER: 02489786)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by:





Mr S Salahi - Director


S & J PRODUCTS LIMITED (REGISTERED NUMBER: 02489786)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

S & J Products 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: 02489786

Registered office: 3 Gwernllwyn Uchaf
Dowlais
Merthyr
Mid Glamorgan
CF48 3NB

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.

The financial statements have been prepared on a going concern basis.

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 - 20% on cost

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.

Government grants
Government grants of a capital nature are treated as deferred income and included in creditors within the Balance Sheet. They are then amortised to the profit and loss account in accordance with the estimated economic life of the assets to which they relate. Grants of a revenue nature are allocated to their appropriate profit and loss account heading as received.

Investment property
Investment properties are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

S & J PRODUCTS LIMITED (REGISTERED NUMBER: 02489786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 November 2023
and 31 October 2024 5,000 6,431 11,431
DEPRECIATION
At 1 November 2023 - 6,212 6,212
Charge for year - 213 213
At 31 October 2024 - 6,425 6,425
NET BOOK VALUE
At 31 October 2024 5,000 6 5,006
At 31 October 2023 5,000 219 5,219

Investment property has to be revalued each year and the director who consider there have been no movement since the last external valuation.


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Other debtors 1,995 4,223

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade creditors 429 -
Taxation and social security 25 -
Other creditors 241,291 260,649
241,745 260,649

Included in other creditors is an amount due to the directors of £235,754 (2023 - £331,162). The loan to the company is payable on demand.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/10/24 31/10/23
£    £   
Other creditors - 166,540

S & J PRODUCTS LIMITED (REGISTERED NUMBER: 02489786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. FINANCIAL INSTRUMENTS

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/24 31/10/23
value: £ £
-
6,250 Ordinary A Shares £1 6,250 6,250
6,250 Ordinary B Shares £1 6,250 6,250
6,250 Ordinary C Shares £1 6,250 6,250
6,250 Ordinary D Shares £1 6,250 6,250


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25,000 25,000