Caseware UK (AP4) 2025.0.111 2025.0.111 2025-05-31 2025-05-31 2024-06-01 2 false 2 No description of principal activity true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12962122 2024-06-01 2025-05-31 12962122 2023-06-01 2024-05-31 12962122 2025-05-31 12962122 2024-05-31 12962122 c:Director1 2024-06-01 2025-05-31 12962122 c:Director2 2024-06-01 2025-05-31 12962122 d:CurrentFinancialInstruments 2025-05-31 12962122 d:CurrentFinancialInstruments 2024-05-31 12962122 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 12962122 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 12962122 d:ShareCapital 2025-05-31 12962122 d:ShareCapital 2024-05-31 12962122 d:RetainedEarningsAccumulatedLosses 2025-05-31 12962122 d:RetainedEarningsAccumulatedLosses 2024-05-31 12962122 c:FRS102 2024-06-01 2025-05-31 12962122 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 12962122 c:FullAccounts 2024-06-01 2025-05-31 12962122 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 12962122 2 2024-06-01 2025-05-31 12962122 e:PoundSterling 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure

Registered number: 12962122 SJT CANVEY LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MAY 2025
SJT CANVEY LIMITED REGISTERED NUMBER: 12962122 BALANCE SHEET AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks |  | 4,538,278 |  | 3,063,411 |
Debtors: amounts falling due within one year | 4 | 20,145 |  | 32,804 |
Cash at bank and in hand | 5 | 522 |  | 359 |
|  | 4,558,945 |  | 3,096,574 |
Creditors: amounts falling due within one year | 6 | (5,378,890) |  | (3,553,800) |
Net current liabilities |  |  | (819,945) |  | (457,226)
Total assets less current liabilities |  |  | (819,945) |  | (457,226)
Net liabilities |  |  | (819,945) |  | (457,226)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | (820,045) |  | (457,326)
|  |  | (819,945) |  | (457,226)
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. 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. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 March 2026.
S. Tappenden | J. Tappenden
Director | Director
The notes on pages 2 to 5 form part of these financial statements. Page 1
SJT CANVEY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
SJT Canvey Limited is a private company, limited by shares, incorporated in England and Wales, registration number 12962122. The registered office is 4 Chester Court, Chester Hall Lane, Basildon, Essex SS14 3WR. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 following principal accounting policies have been applied:
| 2.2 | Going concern
The accounts record a balance sheet deficit of £819,945. The directors have forecast that the company will generate a profit on its current development which will exceed the balance sheet deficit and they anticipate that it will be supported by its holding company until that time. Consequently, the directors consider it appropriate to prepare these accounts on a going concern basis.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 2
SJT CANVEY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.7 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.8 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.9 | Stock and work in progress
Stocks and work in progress are valued at the lower of cost and net realisable value.
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. Page 3
SJT CANVEY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
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SJT CANVEY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 5,745 | 19,304
| Prepayments and accrued income | 14,400 | 13,500
|  | 20,145 | 32,804
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 522 | 359
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 3,173,739 | 1,070,011
| Trade creditors | 20,409 | 79,120
| Amounts owed to group undertakings | 2,166,322 | 2,269,015
| Other creditors | 15,010 | 996
| Accruals and deferred income | 3,410 | 134,658
|  | 5,378,890 | 3,553,800
7. | Related party transactions
| These financial statements include the following transactions and balances with the related parties listed below:- A company under common control: Other creditors £2,166,322 (2024 £2,269,015). The parent company of SJT Canvey Limited has guaranteed the bank loans of the company supported by a first legal charge over their freehold of a property. A close family member of the two directors along with the two directors have personally guaranteed any unpaid interest on the company's bank loan.
8. | Controlling party
SJT Canvey Limited is a wholly owned subsidiary of SJT Developments Limited. Both companies have the same registered office.
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