1 September 2024 false No description of principal activity Taxfiler 2024.6 SC406389business:PrivateLimitedCompanyLtd2024-09-012025-08-31 SC4063892024-08-31 SC4063892024-09-012025-08-31 SC406389business:AuditExempt-NoAccountantsReport2024-09-012025-08-31 SC406389business:FilletedAccounts2024-09-012025-08-31 SC4063892025-08-31 SC406389business:Director12024-09-012025-08-31 SC406389business:RegisteredOffice2024-09-012025-08-31 SC4063892024-08-31 SC406389core:WithinOneYear2025-08-31 SC406389core:WithinOneYear2024-08-31 SC406389core:AfterOneYear2025-08-31 SC406389core:AfterOneYear2024-08-31 SC406389core:ShareCapitalcore:PreviouslyStatedAmount2025-08-31 SC406389core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 SC406389core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-08-31 SC406389core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 SC406389core:PreviouslyStatedAmount2025-08-31 SC406389core:PreviouslyStatedAmount2024-08-31 SC406389business:SmallEntities2024-09-012025-08-31 SC406389countries:Scotland2024-09-012025-08-31 SC406389core:ComputerEquipment2024-09-012025-08-31 SC406389core:LandBuildings2024-08-31 SC406389core:ComputerEquipment2024-08-31 SC406389core:LandBuildings2024-09-012025-08-31 SC406389core:LandBuildings2025-08-31 SC406389core:ComputerEquipment2025-08-31 SC4063892023-09-012024-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC406389 (Scotland)
SJM Properties Ltd Unaudited accounts for the year ended 31 August 2025
SJM Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SJM Properties Ltd Company Information for the year ended 31 August 2025
Director
Steven Molina
Company Number
SC406389 (Scotland)
Registered Office
4th Floor 176 Bath Street Glasgow G24HG
Accountants
TaxKings Ltd 4th Floor, 176 Bath Street Glasgow G2 4HG
- 3 -
SJM Properties Ltd Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,494,999 
2,655,109 
Current assets
Debtors
5
313,767 
316,362 
Cash at bank and in hand
3,562 
18,460 
317,329 
334,822 
Creditors: amounts falling due within one year
6
(1,990,971)
(2,064,352)
Net current liabilities
(1,673,642)
(1,729,530)
Total assets less current liabilities
821,357 
925,579 
Creditors: amounts falling due after more than one year
7
(17,005)
(19,600)
Provisions for liabilities
Deferred tax
(85,293)
(125,293)
Net assets
719,059 
780,686 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
718,059 
779,686 
Shareholders' funds
719,059 
780,686 
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 November 2025 and were signed on its behalf by
Steven Molina Director Company Registration No. SC406389
- 4 -
SJM Properties Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
SJM Properties Ltd is a private company, limited by shares, registered in Scotland, registration number SC406389. The registered office is 4th Floor, 176 Bath Street, Glasgow, G24HG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared with investment properties measured at fair value through profit and loss.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2024
2,655,000 
658 
2,655,658 
Revaluations
(160,001)
- 
(160,001)
At 31 August 2025
2,494,999 
658 
2,495,657 
Depreciation
At 1 September 2024
- 
549 
549 
Charge for the year
- 
109 
109 
At 31 August 2025
- 
658 
658 
Net book value
At 31 August 2025
2,494,999 
- 
2,494,999 
At 31 August 2024
2,655,000 
109 
2,655,109 
- 5 -
SJM Properties Ltd Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
19,600 
Other debtors
296,762 
296,762 
296,762 
316,362 
Amounts falling due after more than one year
Other debtors
17,005 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
17,047 
8,266 
Other creditors
554 
- 
Loans from directors
1,973,370 
2,056,086 
1,990,971 
2,064,352 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Trade creditors
17,005 
19,600 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -