Company registration number 04797305 (England and Wales)
S J A FILM TECHNOLOGIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
S J A FILM TECHNOLOGIES LIMITED
COMPANY INFORMATION
Directors
Mr D Hoy
Mr T D Poskitt
Mr J D Harvey
Mr T D Bullough
Secretary
Mrs J Poskitt
Company number
04797305
Registered office
Units 11 & 12 Laneside
and business address
Metcalf Drive
Altham Industrial Estate
Accrington
BB5 5TU
Accountants
Pierce C A Limited
Mentor House
Ainsworth Street
Blackburn
Lancashire
BB1 6AY
S J A FILM TECHNOLOGIES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 10
S J A FILM TECHNOLOGIES LIMITED
BALANCE SHEET
AS AT
27 OCTOBER 2025
27 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
423,503
449,401
Current assets
Stocks
681,584
827,577
Debtors
5
897,626
1,121,573
Cash at bank and in hand
79,595
63,922
1,658,805
2,013,072
Creditors: amounts falling due within one year
6
(1,104,547)
(1,460,444)
Net current assets
554,258
552,628
Total assets less current liabilities
977,761
1,002,029
Creditors: amounts falling due after more than one year
7
(35,573)
(35,821)
Provisions for liabilities
(105,876)
(112,350)
Net assets
836,312
853,858
Capital and reserves
Called up share capital
9
40,000
40,000
Profit and loss reserves
796,312
813,858
Total equity
836,312
853,858
S J A FILM TECHNOLOGIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
27 OCTOBER 2025
27 October 2025
- 2 -

For the financial year ended 27 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 directors acknowledge their 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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 11 June 2026 and are signed on its behalf by:
Mr T D Poskitt
Director
Company registration number 04797305 (England and Wales)
S J A FILM TECHNOLOGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

S J A Film Technologies Limited is a private company limited by shares incorporated in England and Wales. The registered office is Units 11 & 12 Laneside, Metcalf Drive, Altham Industrial Estate, Accrington, BB5 5TU.

1.1
Accounting convention

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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company is reliant upon the support of its bankers and external loan providers. true

The financial statements have been prepared on a going concern basis on the assumption that this finance will continue to be made available to the company.

The directors have no reason to believe that such financial support will not continue for the foreseeable future.

1.3
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
10% Reducing balance
Fixtures, fittings & equipment
33% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

S J A FILM TECHNOLOGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 27 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

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.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

S J A FILM TECHNOLOGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 27 OCTOBER 2025
1
Accounting policies
(Continued)
- 5 -
1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

S J A FILM TECHNOLOGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 27 OCTOBER 2025
1
Accounting policies
(Continued)
- 6 -
1.12
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to the profit and loss account on a straight line basis over the period of the lease.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.13
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

Government grants relating to turnover are recognised as income over the periods when the related costs are incurred. Grants relating to an asset are recognised in income systematically over the asset's expected useful life. If part of such a grant is deferred it is recognised as deferred income rather than being deducted from the asset's carrying amount.

1.14
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

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

2025
2024
Number
Number
Total
32
32
S J A FILM TECHNOLOGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 27 OCTOBER 2025
- 7 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost or valuation
At 28 October 2024
1,520,716
Additions
21,336
At 27 October 2025
1,542,052
Depreciation and impairment
At 28 October 2024
1,071,315
Depreciation charged in the year
47,234
At 27 October 2025
1,118,549
Carrying amount
At 27 October 2025
423,503
At 27 October 2024
449,401
S J A FILM TECHNOLOGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 27 OCTOBER 2025
- 8 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
876,322
1,026,401
Amounts owed by group undertakings
-
0
451
Other debtors
21,304
94,721
897,626
1,121,573
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
497,717
684,521
Amounts owed to group undertakings
1,118
-
0
Corporation tax
93,852
54,306
Other taxation and social security
80,792
40,560
Other creditors
431,068
681,057
1,104,547
1,460,444

The company's bank overdraft is secured by:

i) A debenture creating a fixed and floating charge over the assets of the company; and

ii) Legal mortgages over the properties held by th e parent company, SJA (North West) Limited, at Units 9-1 2, Metcalf Drive, Altham; and

iii) An inter-company cross guarantee between this company and SJA (North West) Limited; and

iv) Personal guarantees provided by the directors of the company as follows:

£30,000 - Mr D Hoy

£30,000 - Mr T D Poskitt

£10,000 - Mr J D Harvey

The invoice discounting advance of £354,080 (20 2 4: £600,127) included in Other creditors is secured on the company's trade debtors.

Three directors of the company, Mr D Hoy, Mr T D Poskitt and Mr J D Harvey, have given a personal guarantee in respect of amounts owed under invoice discounting arrangements amounting to £25,000.

S J A FILM TECHNOLOGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 27 OCTOBER 2025
- 9 -
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
35,573
35,821
8
Finance lease obligations
2025
2024
Future minimum lease payments due under finance leases:
£
£
Within one year
3,333
24,338
In two to five years
3,333
-
0
6,666
24,338

Net obligations under finance lease contracts are secured by fixed charges on the assets concerned.

9
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
40,000 Ordinary shares of £1 each
40,000
40,000
10
Financial commitments, guarantees and contingent liabilities

The company has given a guarantee, supported by a legal mortgage and debenture over its assets, in respect of the bank borrowings of its parent company, SJA (North West) Limited. At 27 October 20 2 5 this company had an amount of £nil (20 2 4: £nil) outstanding.

S J A FILM TECHNOLOGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 27 OCTOBER 2025
- 10 -
11
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
30,000
120,000

In 2021 the company signed a new lease, for a term of 5 years, for Units 9-12 Laneside, Metcalf Drive, Accrington. The annual rent for the properties is £90,000.

12
Parent company

The company is a wholly-owned subsidiary of SJA (North West) Limited, a company registered in England and Wales.

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