Company No: 14515920 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2024		31.12.2023
		£		£
Fixed assets
Investments	3	50,000		50,000
		50,000		50,000
Current assets
Cash at bank and in hand		490		700
		490		700
Creditors: amounts falling due within one year	4	( 49,910)		( 50,110)
Net current liabilities		(49,420)		(49,410)
Total assets less current liabilities		580		590
Net assets		580		590
Capital and reserves
Called-up share capital	5	100		100
Profit and loss account		480		490
Total shareholders' funds		580		590

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.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of SJM23 Holdings Limited (registered number: 14515920) were approved and authorised for issue by the Director on 23 September 2025. They were signed on its behalf by:

S Milborrow Director

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 period, unless otherwise stated.

General information and basis of accounting

SJM23 Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is T/A Greenthumb, Unit 2, Station Approach, Chilham, Canterbury, Kent, CT4 8EG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, 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 £.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

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.

2. Employees

	Year ended 31.12.2024		Period from 30.11.2022 to 31.12.2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Fixed asset investments

Investments in subsidiaries

	31.12.2024
	£
Cost
At 01 January 2024	50,000
At 31 December 2024	50,000
Carrying value at 31 December 2024	50,000
Carrying value at 31 December 2023	50,000

4. Creditors: amounts falling due within one year

	31.12.2024		31.12.2023
	£		£
Amounts owed to connected companies	48,410		48,610
Other creditors	1,500		1,500
	49,910		50,110

5. Called-up share capital

	31.12.2024		31.12.2023
	£		£
Allotted, called-up and fully-paid
51 A ordinary shares of £ 1.00 each	51		51
49 B ordinary shares of £ 1.00 each	49		49
	100		100

6. Ultimate controlling party

The controlling party is Mr S Milborrow, who owns 51% of the issued share capital.