The notes on pages 3 to 5 form part of these financial statements.

For the financial year ended 31 December 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Property By SJ Limited is a private company limited by shares incorporated in England and Wales. The registered office is Elthorne Gate, 64 High Street, Pinner, Middlesex, HA5 5QA.

The comparative figures relate to the five-month period ended 31 December 2024, whereas the current financial statements cover the twelve-month period ended 31 December 2025. As the reporting periods are of different lengths, the amounts presented are not directly comparable.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

At the year end, the company had net liabilities amounting to £133,171 (2024 : £120,898). A significant proportion of the company’s funding, totalling £599,642, has been provided by a related party, which is connected to the company through common shareholders and directors. The director has obtained confirmation from the related party that it does not intend to demand repayment of the loan within the next twelve months and will continue to provide financial support to enable the company to meet its liabilities as they fall due for at least that period from the date of approval of these financial statements.

On this basis, the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover represents rental income receivable from properties during the year.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The average monthly number of persons (including directors) employed by the company during the year was:

The above disclosed investment property is stated at its most recent valuation. The director has confirmed that there has been no change in the fair value of the property during the financial year.

The above disclosed bank loan is secured by a fixed charge in favour of Kent Reliance against the property Flat 1, 106 Greencroft Gardens, NW6 3PH.

During the year the company entered into the following transactions with related parties:

The above disclosed amount, which is included under other creditors, remained outstanding as of the balance sheet date. The loan is unsecured, interest free, and repayable on demand.