SJ Display Group UK LLP

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

Registered number: OC424045

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	17,347		29,647
Debtors	5	237,667		263,331
Cash at bank and in hand		17,165		1,613

		272,179		294,591
Creditors: Amounts Falling Due Within One Year	6	(285,692 )		(323,051 )

NET CURRENT ASSETS (LIABILITIES)			(13,513 )		(28,460 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(13,513 )		(28,460 )

NET LIABILITIES ATTRIBUTABLE TO MEMBERS			(13,513 )		(28,460 )

REPRESENTED BY:
Equity
Members' other interests
Other reserves		(13,513)		(28,460)

			(13,513)		(28,460)

TOTAL MEMBERS' INTEREST
Amounts due from members			(43,835)		(15,375)
Members' other interests			(13,513)		(28,460)

			(57,348)		(43,835)

For the year ending 30 June 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

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

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

On behalf of the members

SJ Verves Pty Limited

Designated Member

19 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

SJ Display Group UK LLP is a limited liability partnership, incorporated in England & Wales, registered number OC424045 . The Registered Office is Paulton House, Old Mills, Paulton, Bristol, BS39 7SX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Going Concern Disclosure

The LLP has net liabiltities. The Members consider the Going Concern basis to remain appropriate as it will continue to be supported by ts members.

2.3. Significant judgements and estimations

There were no critical accounting estimates or judgements required in the preparation of these financial

statements in the current or prior year.

No provision was required for obsolete stock or doubtful debts and other policies remain as disclosed in the notes.

2.4. 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.

2.5. 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.

2.6. Financial Instruments

The entity has only entered into basic financial instruments. Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

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SJ Display Group UK LLP

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Pensions

The LLP operates a defined pension contribution scheme. Contributions are charged to the Profit and Loss Account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 1)

4. Stocks

	2025	2024
	£	£
Finished goods	17,347	29,647

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	117,444	246,856
Other debtors	76,388	1,100
Amounts due from members	43,835	15,375

	237,667	263,331

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	436	633
Other taxes and social security	1,865	-
VAT	18,569	39,991
Other creditors	264,822	282,427

	285,692	323,051

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