Registration number: 08533984

SJ Bulk Transport Limited

Contents

Abridged Balance Sheet	1
Notes to the Unaudited Abridged Financial Statements	2 to 3

SJ Bulk Transport Limited

(Registration number: 08533984)
Abridged Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	536,017	591,188
Current assets
Debtors		65,194	55,862
Cash at bank and in hand		45,241	35,089
		110,435	90,951
Creditors: Amounts falling due within one year		(84,138)	(182,415)
Net current assets/(liabilities)		26,297	(91,464)
Total assets less current liabilities		562,314	499,724
Creditors: Amounts falling due after more than one year		(36,075)	(75,537)
Provisions for liabilities		(132,860)	(109,883)
Net assets		393,379	314,304
Capital and reserves
Called up share capital		100	100
Retained earnings		393,279	314,204
Shareholders' funds		393,379	314,304

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 7 January 2026 and signed on its behalf by:
 

......................................... S Wallace Director

SJ Bulk Transport Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% net book value
Fixtures and fittings	Over 3 years
Motor vehicles	15% net book value

SJ Bulk Transport Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

Leases

Assets held under hire purchase agreements are capitalised as tangible fixed assets and are depreciated over their useful lives. The capital element of future finance payments is included within creditors. Finance charges are allocated to accounting periods over the length of the contract.

Defined contribution pension obligation

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

The company is party to only the basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 4).

3	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 June 2024	449	562,325	136,362	699,136
Additions	-	140,676	3,000	143,676
Disposals	-	(112,500)	-	(112,500)
At 31 May 2025	449	590,501	139,362	730,312
Depreciation
At 1 June 2024	449	79,052	28,447	107,948
Charge for the year	-	75,449	13,711	89,160
Eliminated on disposal	-	(2,813)	-	(2,813)
At 31 May 2025	449	151,688	42,158	194,295
Carrying amount
At 31 May 2025	-	438,813	97,204	536,017
At 31 May 2024	-	483,273	107,915	591,188