SMJD LIMITED 12264809 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is the holding and letting of residential property Digita Accounts Production Advanced 6.30.9574.0 true 12264809 2024-07-01 2025-06-30 12264809 2025-06-30 12264809 bus:OrdinaryShareClass1 2025-06-30 12264809 bus:OrdinaryShareClass2 2025-06-30 12264809 bus:OrdinaryShareClass3 2025-06-30 12264809 core:CurrentFinancialInstruments 2025-06-30 12264809 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 12264809 core:Non-currentFinancialInstruments 2025-06-30 12264809 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 12264809 core:FurnitureFittingsToolsEquipment 2025-06-30 12264809 core:LandBuildings 2025-06-30 12264809 bus:SmallEntities 2024-07-01 2025-06-30 12264809 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 12264809 bus:FullAccounts 2024-07-01 2025-06-30 12264809 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 12264809 bus:RegisteredOffice 2024-07-01 2025-06-30 12264809 bus:Director1 2024-07-01 2025-06-30 12264809 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 12264809 bus:OrdinaryShareClass2 2024-07-01 2025-06-30 12264809 bus:OrdinaryShareClass3 2024-07-01 2025-06-30 12264809 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 12264809 core:RevaluationReserve core:LandBuildings 2024-07-01 2025-06-30 12264809 core:Buildings 2024-07-01 2025-06-30 12264809 core:FurnitureFittings 2024-07-01 2025-06-30 12264809 core:LandBuildings 2024-07-01 2025-06-30 12264809 countries:UnitedKingdom 2024-07-01 2025-06-30 12264809 2024-06-30 12264809 core:FurnitureFittingsToolsEquipment 2024-06-30 12264809 core:LandBuildings 2024-06-30 12264809 2023-07-01 2024-06-30 12264809 2024-06-30 12264809 bus:OrdinaryShareClass1 2024-06-30 12264809 bus:OrdinaryShareClass2 2024-06-30 12264809 bus:OrdinaryShareClass3 2024-06-30 12264809 core:CurrentFinancialInstruments 2024-06-30 12264809 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 12264809 core:Non-currentFinancialInstruments 2024-06-30 12264809 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 12264809 core:FurnitureFittingsToolsEquipment 2024-06-30 12264809 core:LandBuildings 2024-06-30 12264809 core:RevaluationReserve core:LandBuildings 2023-07-01 2024-06-30 12264809 core:LandBuildings 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12264809

SMJD LIMITED
Annual Report and Unaudited Financial Statements
for the Year Ended 30 June 2025

SMJD LIMITED

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 7

SMJD LIMITED

(Registration number: 12264809)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 420,000 | 420,000
Current assets |  |  |
Debtors | 6 | 700 | 937
Cash at bank and in hand |  | 52,010 | 53,842
|  | 52,710 | 54,779
Creditors: Amounts falling due within one year | 7 | (2,170) | (10,950)
Net current assets |  | 50,540 | 43,829
Total assets less current liabilities |  | 470,540 | 463,829
Creditors: Amounts falling due after more than one year | 7 | (248,675) | (248,675)
Net assets |  | 221,865 | 215,154
Capital and reserves |  |  |
Called up share capital | 8 | 2 | 2
Revaluation reserve |  | 15,988 | 15,988
Retained earnings |  | 205,875 | 199,164
Shareholders' funds |  | 221,865 | 215,154

For the financial year ending 30 June 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his 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’.

Approved and authorised by the director on 16 March 2026

Mr J A Dempster Director |  |

SMJD LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Studio
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

These financial statements were authorised for issue by the director on 16 March 2026.

2 | Accounting policies

Statement of compliance

These 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 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.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current 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 income 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.

SMJD LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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
Investment property | No depreciation
Fixtures & Fittings | Straight line 33.33%

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
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.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

SMJD LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | - | 32

SMJD LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 July 2024 | 420,000 | 28,895 | 448,895
At 30 June 2025 | 420,000 | 28,895 | 448,895
Depreciation
At 1 July 2024 | - | 28,895 | 28,895
At 30 June 2025 | - | 28,895 | 28,895
Carrying amount
At 30 June 2025 | 420,000 | - | 420,000
At 30 June 2024 | 420,000 | - | 420,000

6 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 700 | 937
| 700 | 937

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 477 | 5,223
Trade creditors |  | 84 | 84
Taxation and social security |  | 1,575 | 5,643
Accruals and deferred income |  | 34 | -
|  | 2,170 | 10,950

SMJD LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 10 | 248,675 | 248,675

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £0.01 each | 100 | 1 | 100 | 1
Ordinary A Shares of £0.01 each | 50 | 1 | 50 | 1
Ordinary B Shares of £0.01 each | 50 | 1 | 50 | 1
| 200 | 2 | 200 | 2

9 | Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

| Revaluation reserve £ | Total £
Surplus/deficit on property, plant and equipment revaluation | 15,988 | 15,988

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

| Revaluation reserve £ | Total £
Surplus/deficit on property, plant and equipment revaluation | 15,988 | 15,988

SMJD LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

10 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 248,675 | 248,675

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 477 | 5,223