REGISTERED NUMBER: SC748136 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Chook SJQ Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Ivan Joseph Stein

REGISTERED OFFICE:

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

REGISTERED NUMBER:

SC748136 (Scotland)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

FIXED ASSETS

Intangible assets

3

19,597

-

Tangible assets

4

6,718

511

26,315

511

CURRENT ASSETS

Stocks

500

2,000

Debtors

5

43,807

31,342

Cash at bank and in hand

59,582

48,720

103,889

82,062

CREDITORS

Amounts falling due within one year

6

85,826

70,182

NET CURRENT ASSETS

18,063

11,880

TOTAL ASSETS LESS CURRENT LIABILITIES

44,378

12,391

PROVISIONS FOR LIABILITIES

7

1,478

-

NET ASSETS

42,900

12,391

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

42,800

12,291

SHAREHOLDERS' FUNDS

42,900

12,391

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 29 September 2025 and were signed by:

Mr Ivan Joseph Stein - Director

1.	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 2025, is being amortised evenly over its estimated useful life of five years.

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 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 4 ) .

3.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

Additions

12,840

9,430

22,270

At 31 December 2024

12,840

9,430

22,270

AMORTISATION

Charge for year

2,568

105

2,673

At 31 December 2024

2,568

105

2,673

NET BOOK VALUE

At 31 December 2024

10,272

9,325

19,597

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

598

Additions

7,961

At 31 December 2024

8,559

DEPRECIATION

At 1 January 2024

87

Charge for year

1,754

At 31 December 2024

1,841

NET BOOK VALUE

At 31 December 2024

6,718

At 31 December 2023

511

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by associates

7,721

5,775

Other debtors

36,086

25,567

43,807

31,342

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

25,262

20,395

Amounts owed to associates

5,251

2,756

Taxation and social security

50,328

44,989

Other creditors

4,985

2,042

85,826

70,182

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

1,478

-

Deferred

tax

£

Provided during year

1,478

Balance at 31 December 2024

1,478

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

100

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

12,291

Profit for the year

67,759

Dividends

(37,250

)

At 31 December 2024

42,800

10.	RELATED PARTY DISCLOSURES

Amounts due from group undertakings of £2,470.06 are unsecured and interest free.