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Company No: SC634586 (Scotland)

NSJ GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

NSJ GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

Contents

NSJ GROUP LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2024
NSJ GROUP LIMITED

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1,635,000 1,635,000
1,635,000 1,635,000
Current assets
Cash at bank and in hand 657 20,001
657 20,001
Creditors: amounts falling due within one year 4 ( 1,569,736) ( 1,589,080)
Net current liabilities (1,569,079) (1,569,079)
Total assets less current liabilities 65,921 65,921
Net assets 65,921 65,921
Capital and reserves
Called-up share capital 5 1 1
Profit and loss account 65,920 65,920
Total shareholders' funds 65,921 65,921

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of NSJ Group Limited (registered number: SC634586) were approved and authorised for issue by the Board of Directors on 06 August 2025. They were signed on its behalf by:

Mr A King
Director
NSJ GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
NSJ GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

NSJ Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 7 Newbattle Road, Newtongrange, Dalkeith, EH22 4RA, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Fixed asset investments

Investments are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in the profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, loans from fellow group companies, are initially recognised at transaction price.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 1,635,000
At 31 December 2024 1,635,000
Carrying value at 31 December 2024 1,635,000
Carrying value at 31 December 2023 1,635,000

4. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 1,569,736 1,589,080

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
80 A ordinary shares of £ 0.01 each 0.80 0.80
20 B ordinary shares of £ 0.01 each 0.20 0.20
1.00 1.00

6. Related party transactions

Transactions with entities in which the entity itself has a participating interest

2024 2023
£ £
Entities with control, joint control, or significant influence over the company 1,540,738 1,577,081

This balance is unsecured, interest free with no fixed terms of repayment.

7. Floating charge

The company has granted a floating charge over all its assets in favour of Bank of Scotland plc, dated 24 July 2019. This charge secures all present and future liabilities to the bank and includes a negative pledge.