Company registration number 05530333 (England and Wales)
S J I HOLDINGS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
S J I HOLDINGS LIMITED
CONTENTS
Page
Statement of financial position
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
S J I HOLDINGS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
908,088
908,088
Current assets
Cash at bank and in hand
196
128
Creditors: amounts falling due within one year
5
(905,284)
(905,216)
Net current liabilities
(905,088)
(905,088)
Net assets
3,000
3,000
Capital and reserves
Called up share capital
3,000
3,000

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 income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 15 June 2026 and are signed on its behalf by:
P Rossiter
Director
Company registration number 05530333 (England and Wales)
S J I HOLDINGS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 January 2024
3,000
-
0
3,000
Year ended 31 December 2024:
Profit and total comprehensive income
-
1,672,760
1,672,760
Dividends
-
(1,672,760)
(1,672,760)
Balance at 31 December 2024
3,000
-
0
3,000
Year ended 31 December 2025:
Profit and total comprehensive income
-
2,000,000
2,000,000
Dividends
-
(2,000,000)
(2,000,000)
Balance at 31 December 2025
3,000
-
0
3,000
S J I HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

S J I Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Centre for Advanced Industry, Coble Dene, Royal Quays, North Shields, Tyne & Wear, NE 29 6DE.

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.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

The company currently doesn’t trade and acts as a holding company for its subsidiary undertaking. Any working capital requirements would be met via funding from its subsidiary undertaking. The company is not forecasting to have any significant working capital requirements over the next 12 months due to its status as a non trading holding company.true At the year end the company has net current liabilities of £905,088 (2024: £905,088) including £905,284 (2024: £905,216) due to its subsidiary company. The subsidiary undertaking have indicated that they will not demand repayment of this amount until such time that the company is able to repay it. The company’s forecasts and projections for the next twelve months show that the company should be able to continue in operational existence for that period, taking into account possible changes in trading performance.

Having considered the current cash forecasts of the Company the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least twelve months from the date of signing these financial statements. The company therefore continues to adopt the going concern basis in preparing its financial statements.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.4
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.

S J I HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
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 statement of financial position 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 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, loans from fellow group companies, 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.

1.6
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.

2
Employees

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

2025
2024
Number
Number
Total
0
0
S J I HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
908,088
908,088
4
Subsidiaries

Details of the company's subsidiaries at 31 December 2025 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Sir Joseph Isherwood Limited
Centre for Advanced Industry, Coble Dene, Royal Quays, North Shields, Tyne and Wear, NE29 6DE
Ordinary
100.00
5
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
905,284
905,216

Interest is not payable on the amounts due to group undertakings, there is no security for this balance and it is repayable on demand, although the subsidiary undertaking have indicated that they will not demand repayment of this amount until such time that the company is able to repay it.

6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Sarah Simpson BSc BFP FCA
Statutory Auditor:
Azets Audit Services
Date of audit report:
13 August 2026
S J I HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
7
Parent company

The ultimate parent is P I Dev Sal (Holding), incorporated in Lebanon which prepares the largest and smallest group of consolidated accounts. The consolidated financial statements of P I Dev Sal (Holding) are available from 157 Marfaa', Rue 73, Saad Zaghloul Street, 2012 7306 Solidere, Beirut, Lebanon.

Mr A Safa and Mr A Safa are considered to be the ultimate controlling parties by virtue of their effective controlling interest in the equity shares of the company via Iskandar Safa (Civil Company).

2025-12-31 2025-01-01 false false false 13 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity P Rossiter S C Thompson S C Thompson 05530333 2025-01-01 2025-12-31 05530333 2025-12-31 05530333 2024-12-31 05530333 core:WithinOneYear 2025-12-31 05530333 core:WithinOneYear 2024-12-31 05530333 core:ShareCapital 2025-12-31 05530333 core:ShareCapital 2024-12-31 05530333 core:ShareCapital 2023-12-31 05530333 core:RetainedEarningsAccumulatedLosses 2023-12-31 05530333 core:RetainedEarningsAccumulatedLosses 2024-12-31 05530333 core:RetainedEarningsAccumulatedLosses 2025-12-31 05530333 bus:Director1 2025-01-01 2025-12-31 05530333 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 05530333 2024-01-01 2024-12-31 05530333 core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 05530333 core:Subsidiary1 2025-01-01 2025-12-31 05530333 core:Subsidiary1 1 2025-01-01 2025-12-31 05530333 core:CurrentFinancialInstruments 2025-12-31 05530333 core:CurrentFinancialInstruments 2024-12-31 05530333 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05530333 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05530333 bus:FRS102 2025-01-01 2025-12-31 05530333 bus:Audited 2025-01-01 2025-12-31 05530333 bus:Director2 2025-01-01 2025-12-31 05530333 bus:CompanySecretary1 2025-01-01 2025-12-31 05530333 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP