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Company Registration No. 14095462 (England and Wales)
SJ Blossom Property Development Ltd Unaudited accounts for the year ended 31 May 2025
SJ Blossom Property Development Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SJ Blossom Property Development Ltd Company Information for the year ended 31 May 2025
Director
Lianghua Chen
Company Number
14095462 (England and Wales)
Registered Office
77 Chapel Farm Road London SE9 3NH United Kingdom
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SJ Blossom Property Development Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
570
1,140
Investment property
5
935,000
925,000
935,570
926,140
Current assets
Debtors
6
5,109
4,365
Cash at bank and in hand
14,993
9,336
20,102
13,701
Creditors: amounts falling due within one year
7
(922,833)
(930,818)
Net current liabilities
(902,731)
(917,117)
Net assets
32,839
9,023
Capital and reserves
Called up share capital
100
100
Profit and loss account
32,739
8,923
Shareholders' funds
32,839
9,023
For the 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. 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 26 May 2026 and were signed on its behalf by
Lianghua Chen Director Company Registration No. 14095462
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SJ Blossom Property Development Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
SJ Blossom Property Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 14095462. The registered office is 77 Chapel Farm Road, London, SE9 3NH, United Kingdom.
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 under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Fixtures & fittings
33.33% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
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 accounts. 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.
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SJ Blossom Property Development Ltd Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 June 2024
1,710
At 31 May 2025
1,710
Depreciation
At 1 June 2024
570
Charge for the year
570
At 31 May 2025
1,140
Net book value
At 31 May 2025
570
At 31 May 2024
1,140
5
Investment property
2025
£
Fair value at 1 June 2024
925,000
Net gain from fair value adjustments
10,000
At 31 May 2025
935,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
4,859
4,115
Other debtors
250
250
5,109
4,365
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
517,625
517,625
Trade creditors
-
1,020
Taxes and social security
27,385
27,385
Other creditors
281,506
286,506
Loans from directors
93,502
95,502
Accruals
1,055
1,020
Deferred income
1,760
1,760
922,833
930,818
8
Transactions with related parties
Included in the other creditors is an amount of £93,502 (2024: £95,502) owed by the company to Mr L Chen, a sole director and 25% shareholder of the company.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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