S&j Enterprises(Wales) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08286759

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		92,498		92,498
Tangible Assets	5		88,733		195,342

			181,231		287,840
CURRENT ASSETS
Stocks	6	32,145		46,680
Debtors	7	4,443		3,442
Cash at bank and in hand		280,614		200,763

		317,202		250,885
Creditors: Amounts Falling Due Within One Year	8	(427,968 )		(442,233 )

NET CURRENT ASSETS (LIABILITIES)			(110,766 )		(191,348 )

TOTAL ASSETS LESS CURRENT LIABILITIES			70,465		96,492

Creditors: Amounts Falling Due After More Than One Year	9		(15,078 )		(25,099 )

NET ASSETS			55,387		71,393

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			55,386		71,392

SHAREHOLDERS' FUNDS			55,387		71,393

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S&j Enterprises(Wales) Ltd

Balance Sheet (continued)

As At 31 December 2024

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Salamaan Rasul

Director

08/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

S&j Enterprises(Wales) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08286759 . The registered office is Pizzahut Port Talbot, 2 Station Road, Port Talbot, SA13 1JB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are the benefit of the Transfer Deed.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Improvements	5% Straight Line
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 91 (2023: 76)

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S&j Enterprises(Wales) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 January 2024	77,498	15,000	92,498

As at 31 December 2024	77,498	15,000	92,498

Net Book Value
As at 31 December 2024	77,498	15,000	92,498

As at 1 January 2024	77,498	15,000	92,498

5. Tangible Assets

	Land & Property
	Improvements	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	87,384	23,530	627,024	737,938
Additions	-	-	3,571	3,571

As at 31 December 2024	87,384	23,530	630,595	741,509

Depreciation
As at 1 January 2024	32,941	5,883	503,772	542,596
Provided during the period	4,370	5,882	99,928	110,180

As at 31 December 2024	37,311	11,765	603,700	652,776

Net Book Value
As at 31 December 2024	50,073	11,765	26,895	88,733

As at 1 January 2024	54,443	17,647	123,252	195,342

6. Stocks

	2024	2023
	£	£
Finished goods	32,145	46,680

7. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	4,443	3,442

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S&j Enterprises(Wales) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	150,440	88,466
Other taxes and social security	10,339	12,665
VAT	118,219	91,937
Pension creditor	150	(845 )
Attachment of earning creditor	403	403
Accruals and deferred income	14,839	10,114
Director's loan account	133,578	239,493

	427,968	442,233

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bounceback loan	15,078	25,099

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

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