REGISTERED NUMBER: 06585353 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2024

for

SJS Accountancy Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Spencer

SECRETARY:

REGISTERED OFFICE:

1 North Street

Wigston

Leicester

LE18 1PS

REGISTERED NUMBER:

06585353 (England and Wales)

ACCOUNTANTS:

SJS Accountancy Services

1 North Street

Wigston

Leicester

LE18 1PS

FIXED ASSETS

Intangible assets

4

1,500

2,250

Tangible assets

5

592

1,015

2,092

3,265

CURRENT ASSETS

Stocks

3,857

4,023

Debtors

6

90,467

63,024

94,324

67,047

CREDITORS

Amounts falling due within one year

7

91,199

61,360

NET CURRENT ASSETS

3,125

5,687

TOTAL ASSETS LESS CURRENT LIABILITIES

5,217

8,952

CREDITORS

Amounts falling due after more than one year

8

4,079

7,511

NET ASSETS

1,138

1,441

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

1,128

1,431

SHAREHOLDERS' FUNDS

1,138

1,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 September 2025 and were signed by:

S J Spencer - Director

1.	STATUTORY INFORMATION

SJS Accountancy Services 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 cost and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2023

and 30 November 2024

10,000

AMORTISATION

At 1 December 2023

7,750

Charge for year

750

At 30 November 2024

8,500

NET BOOK VALUE

At 30 November 2024

1,500

At 30 November 2023

2,250

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2023

9,729

Additions

126

Disposals

(2,965

)

At 30 November 2024

6,890

DEPRECIATION

At 1 December 2023

8,714

Charge for year

536

Eliminated on disposal

(2,952

)

At 30 November 2024

6,298

NET BOOK VALUE

At 30 November 2024

592

At 30 November 2023

1,015

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade debtors

3,318

6,631

Other debtors

87,149

56,393

90,467

63,024

Other debtors amounting to £87,149 (2023 - £56,393) is represented by prepayments of £602 (2023 - £491), a S455 Tax debtor of £8,128 (2023 - £16,146), an overdrawn directors current account balance of £34,720 (2023 - £39,755) and an amount owed by SJS Bookkeeping Bookkeeping Services Limited, a company in which Mr S J Spencer is a director and shareholder of £43,699 (2023 - £Nil).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans and overdrafts

8,100

7,854

Trade creditors

602

1,169

Taxation and social security

40,982

41,403

Other creditors

41,515

10,934

91,199

61,360

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans

4,079

7,511