Silverfin false false 28/02/2025 01/03/2024 28/02/2025 C Edridge 10/04/2025 01/01/2019 S Jeffries 19/02/2014 18 November 2025 The principal activity of the company in the year under review was that of letting agents. 08903046 2025-02-28 08903046 bus:Director1 2025-02-28 08903046 bus:Director2 2025-02-28 08903046 2024-02-29 08903046 core:CurrentFinancialInstruments 2025-02-28 08903046 core:CurrentFinancialInstruments 2024-02-29 08903046 core:ShareCapital 2025-02-28 08903046 core:ShareCapital 2024-02-29 08903046 core:RetainedEarningsAccumulatedLosses 2025-02-28 08903046 core:RetainedEarningsAccumulatedLosses 2024-02-29 08903046 core:LeaseholdImprovements 2024-02-29 08903046 core:PlantMachinery 2024-02-29 08903046 core:Vehicles 2024-02-29 08903046 core:FurnitureFittings 2024-02-29 08903046 core:ComputerEquipment 2024-02-29 08903046 core:LeaseholdImprovements 2025-02-28 08903046 core:PlantMachinery 2025-02-28 08903046 core:Vehicles 2025-02-28 08903046 core:FurnitureFittings 2025-02-28 08903046 core:ComputerEquipment 2025-02-28 08903046 core:CurrentFinancialInstruments 10 2025-02-28 08903046 core:CurrentFinancialInstruments 10 2024-02-29 08903046 2023-02-28 08903046 core:AcceleratedTaxDepreciationDeferredTax 2025-02-28 08903046 core:AcceleratedTaxDepreciationDeferredTax 2024-02-29 08903046 2024-03-01 2025-02-28 08903046 bus:FilletedAccounts 2024-03-01 2025-02-28 08903046 bus:SmallEntities 2024-03-01 2025-02-28 08903046 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 08903046 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08903046 bus:Director1 2024-03-01 2025-02-28 08903046 bus:Director2 2024-03-01 2025-02-28 08903046 core:LeaseholdImprovements core:TopRangeValue 2024-03-01 2025-02-28 08903046 core:PlantMachinery core:TopRangeValue 2024-03-01 2025-02-28 08903046 core:Vehicles core:TopRangeValue 2024-03-01 2025-02-28 08903046 core:FurnitureFittings core:TopRangeValue 2024-03-01 2025-02-28 08903046 core:ComputerEquipment core:TopRangeValue 2024-03-01 2025-02-28 08903046 2023-03-01 2024-02-29 08903046 core:LeaseholdImprovements 2024-03-01 2025-02-28 08903046 core:PlantMachinery 2024-03-01 2025-02-28 08903046 core:Vehicles 2024-03-01 2025-02-28 08903046 core:FurnitureFittings 2024-03-01 2025-02-28 08903046 core:ComputerEquipment 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure

Company No: 08903046 (England and Wales)

# SJ LETTINGS LIMITED

### Unaudited Financial Statements
For the financial year ended 28 February 2025
Pages for filing with the registrar

SJ LETTINGS LIMITED

## Unaudited Financial Statements

For the financial year ended 28 February 2025

Contents

SJ LETTINGS LIMITED

## COMPANY INFORMATION

For the financial year ended 28 February 2025
SJ LETTINGS LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 28 February 2025

Director | C Edridge (Resigned 10 April 2025)
| S Jeffries

Registered office | 52 Lewes Road
| Brighton
| BN2 3HW
| United Kingdom

Company number | 08903046 (England and Wales)

Accountant | Kreston Reeves LLP
| Projects Nile House
| Nile Street
| Brighton
| BN1 1HW

## ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SJ LETTINGS LIMITED

For the financial year ended 28 February 2025

## ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SJ LETTINGS LIMITED (continued)

For the financial year ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SJ Lettings Limited for the financial year ended 28 February 2025 which comprise the Balance Sheet and the related notes 1 to 7 from the Company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.
It is your duty to ensure that SJ Lettings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SJ Lettings Limited. You consider that SJ Lettings Limited is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of SJ Lettings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Director of SJ Lettings Limited, as a body, in accordance with the terms of our engagement letter dated 21 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of SJ Lettings Limited and state those matters that we have agreed to state to the director of SJ Lettings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SJ Lettings Limited and its Director as a body for our work or for this report.

Kreston Reeves LLP

Projects Nile House
Nile Street
Brighton
BN1 1HW

18 November 2025

SJ LETTINGS LIMITED

## BALANCE SHEET

As at 28 February 2025
SJ LETTINGS LIMITED

## BALANCE SHEET (continued)

As at 28 February 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 10,374 |  | 14,782
|  | 10,374 |  | 14,782
Current assets |  |  |  |
Debtors | 4 | 28,599 |  | 6,933
Cash at bank and in hand |  | 519,546 |  | 390,901
|  | 548,145 |  | 397,834
Creditors: amounts falling due within one year | 5 | ( 550,299) |  | ( 397,256)
Net current (liabilities)/assets |  | (2,154) |  | 578
Total assets less current liabilities |  | 8,220 |  | 15,360
Provision for liabilities | 6 | ( 2,594) |  | ( 2,809)
Net assets |  | 5,626 |  | 12,551
Capital and reserves |  |  |  |
Called-up share capital |  | 2 |  | 2
Profit and loss account |  | 5,624 |  | 12,549
Total shareholders' funds |  | 5,626 |  | 12,551

For the financial year ending 28 February 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of SJ Lettings Limited (registered number: 08903046) were approved and authorised for issue by the Director on 18 November 2025. They were signed on its behalf by:

S Jeffries Director |

SJ LETTINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2025
SJ LETTINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2025

##### 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 year, unless otherwise stated.

##### General information and basis of accounting

SJ Lettings 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 52 Lewes Road, Brighton, BN2 3HW, 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 £.

##### Going concern

The financial statements have been prepared on a going concern basis.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements | 10 years straight line
Plant and machinery | 10 years straight line
Vehicles | 4 years straight line
Fixtures and fittings | 4 years straight line
Computer equipment | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 4 |  | 4

#### 3. Tangible assets

| Leasehold improve- ments |  | Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |  |
At 01 March 2024 | 45,105 |  | 3,872 |  | 9,895 |  | 9,185 |  | 13,071 |  | 81,128
Additions | 0 |  | 1,414 |  | 0 |  | 0 |  | 0 |  | 1,414
At 28 February 2025 | 45,105 |  | 5,286 |  | 9,895 |  | 9,185 |  | 13,071 |  | 82,542
Accumulated depreciation |  |  |  |  |  |  |  |  |  |  |
At 01 March 2024 | 35,967 |  | 365 |  | 9,895 |  | 7,769 |  | 12,350 |  | 66,346
Charge for the financial year | 4,511 |  | 433 |  | 0 |  | 415 |  | 463 |  | 5,822
At 28 February 2025 | 40,478 |  | 798 |  | 9,895 |  | 8,184 |  | 12,813 |  | 72,168
Net book value |  |  |  |  |  |  |  |  |  |  |
At 28 February 2025 | 4,627 |  | 4,488 |  | 0 |  | 1,001 |  | 258 |  | 10,374
At 29 February 2024 | 9,138 |  | 3,507 |  | 0 |  | 1,416 |  | 721 |  | 14,782

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Prepayments and accrued income | 6,745 |  | 4,121
Other taxation and social security | 0 |  | 203
Other debtors | 21,854 |  | 2,609
| 28,599 |  | 6,933

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 550 |  | 0
Amounts owed to director | 4,301 |  | 2,901
Accruals | 3,130 |  | 2,440
Corporation tax | 7,231 |  | 389
Other taxation and social security | 6,013 |  | 5,298
Other creditors | 529,074 |  | 386,228
| 550,299 |  | 397,256

#### 6. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 2,809) |  | ( 4,197)
Credited to the Statement of Income and Retained Earnings | 215 |  | 1,388
At the end of financial year | ( 2,594) |  | ( 2,809)

The deferred taxation balance is made up as follows:

| 2025 |  | 2024
| £ |  | £
Accelerated capital allowances | ( 2,594) |  | ( 2,809)

#### 7. Related party transactions

S Jeffries
(Director)
The director provided the company with an interest free loan repayable on demand. At the balance sheet date the amount due to the director was £2,023 (2024: £623).
C Edridge
(Director)
The director provided the company with an interest free loan repayable on demand. At the balance sheet date the amount due to the director was £2,278 (2024: £2,278).