REGISTERED NUMBER: 13115825 (England and Wales)

S J INSULATIONS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B J Johnson

B Simpson

REGISTERED OFFICE:

Lacken

The Green

Dunham-On-Trent

Newark

NG22 0TU

REGISTERED NUMBER:

13115825 (England and Wales)

ACCOUNTANTS:

W H Prior

Chartered Certified Accountants

Railway Court

Off Ten Pound Walk

Doncaster

South Yorkshire

DN4 5FB

FIXED ASSETS

Tangible assets

4

119,755

115,989

Investments

5

50

50

119,805

116,039

CURRENT ASSETS

Stocks

46,760

21,760

Debtors

6

1,234,393

1,022,431

Investments

7

39,000

176,000

Cash at bank

213,588

69,026

1,533,741

1,289,217

CREDITORS

Amounts falling due within one year

8

333,211

278,051

NET CURRENT ASSETS

1,200,530

1,011,166

TOTAL ASSETS LESS CURRENT LIABILITIES

1,320,335

1,127,205

CREDITORS

Amounts falling due after more than one year

9

(7,312

)

(19,609

)

PROVISIONS FOR LIABILITIES

(29,939

)

(29,622

)

NET ASSETS

1,283,084

1,077,974

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,283,082

1,077,972

1,283,084

1,077,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th August 2026 and were signed on its behalf by:

B J Johnson - Director

B Simpson - Director

1.	STATUTORY INFORMATION

S J Insulations Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about S J Insulations Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st February 2025

181,229

Additions

34,073

At 31st January 2026

215,302

DEPRECIATION

At 1st February 2025

65,240

Charge for year

30,307

At 31st January 2026

95,547

NET BOOK VALUE

At 31st January 2026

119,755

At 31st January 2025

115,989

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st February 2025

and 31st January 2026

53,464

DEPRECIATION

At 1st February 2025

26,090

Charge for year

5,475

At 31st January 2026

31,565

NET BOOK VALUE

At 31st January 2026

21,899

At 31st January 2025

27,374

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st February 2025

and 31st January 2026

50

NET BOOK VALUE

At 31st January 2026

50

At 31st January 2025

50

The company owns a 50% shareholding in Excel Trucks Holdings Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

238,716

87,637

Other debtors

995,677

934,794

1,234,393

1,022,431

7.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Unlisted investments

39,000

176,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 10)

12,297

10,610

Trade creditors

120,576

36,231

Taxation and social security

156,952

99,003

Other creditors

43,386

132,207

333,211

278,051

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 10)

7,312

19,609

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

12,297

10,610

Between one and five years

7,312

19,609

19,609

30,219

Non-cancellable

operating leases

2026

2025

£

£

Within one year

23,740

23,740

Between one and five years

9,892

33,631

33,632

57,371

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

19,609

30,219

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £150,000 were paid to the directors .

During the year monies were lent to a subsidiary company Excel Trucks Holdings Ltd, the balance owing at 31st January 2026 is £909,950 (2025: £809,950) The loan is repayable on demand and interest is charged at market prevailing rates.