REGISTERED NUMBER: 08260999 (England and Wales)

SJ RESTAURANTS LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Y M Yap

K K Chai

REGISTERED OFFICE:

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

CF23 8RS

REGISTERED NUMBER:

08260999 (England and Wales)

ACCOUNTANTS:

MHA (trading name of MHA Advisory Ltd)

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Tangible assets

4

29,914

38,556

CURRENT ASSETS

Stocks

8,500

6,500

Debtors

5

19,566

46,011

Cash at bank and in hand

519,808

427,532

547,874

480,043

CREDITORS

Amounts falling due within one year

6

(117,992

)

(103,677

)

NET CURRENT ASSETS

429,882

376,366

TOTAL ASSETS LESS CURRENT LIABILITIES

459,796

414,922

CREDITORS

Amounts falling due after more than one year

7

(475,625

)

(475,932

)

PROVISIONS FOR LIABILITIES

(425

)

-

NET LIABILITIES

(16,254

)

(61,010

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(16,354

)

(61,110

)

SHAREHOLDERS' FUNDS

(16,254

)

(61,010

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

K K Chai - Director

1.	STATUTORY INFORMATION

SJ Restaurants 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.

The company's functional and presentational currency in the financial statements is Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below.These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A.

Turnover

Turnover represents restaurant takings for the year, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Over the period of the lease

Plant and machinery

-

20% on cost

Fixtures and Fittings

-

10% on cost

Stocks

Stock has been estimated by the directors.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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.

Going concern

At 31 March 2025, the company had net liabilities of £16.254. However, the going concern basis for the preparation of the financial statements is considered appropriate in view of the fact that the director will continue to support the company financially for the foreseeable future to enable it to meet its liabilities as they fall due for payment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

Fittings

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

110,174

74,070

19,559

203,803

DEPRECIATION

At 1 April 2024

75,449

70,239

19,559

165,247

Charge for year

7,345

1,297

-

8,642

At 31 March 2025

82,794

71,536

19,559

173,889

NET BOOK VALUE

At 31 March 2025

27,380

2,534

-

29,914

At 31 March 2024

34,725

3,831

-

38,556

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

4,041

15,478

Social security and other tax

-

2,607

Prepayments and accrued income

15,525

18,071

19,566

36,156

Amounts falling due after more than one year:

Deferred tax

-

9,855

Aggregate amounts

19,566

46,011

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

32,323

36,414

Corporation tax

5,549

-

Social security and other taxes

7,980

-

Net wages

24,362

22,890

Pension

1,563

1,184

VAT

15,635

18,583

Other creditors

20,000

20,000

Accruals and deferred income

10,580

4,606

117,992

103,677

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans

35,000

35,000

Directors' loan accounts

440,625

440,932

475,625

475,932

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	PERSONAL GUARANTEES

The directors have provided personal guarantees in respect of the lease on the property from which the company operates.