Registration number: 03922504

SSJ Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 11

SSJ Limited

Company Information

Directors

Mr SJ Haynes Mrs MA Haynes Mr SA Haynes

Company secretary

Mr SJ Haynes

Registered office

93 Aldwick Road Bognor Regis West Sussex England PO21 2NW

SSJ Limited

(Registration number: 03922504)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	1,030,919	1,035,001
Current assets
Stocks	6	928,838	888,318
Debtors	7	45,559	124,947
Cash at bank and in hand		23,419	9,523
		997,816	1,022,788
Creditors: Amounts falling due within one year	13	(1,067,427)	(1,049,032)
Net current liabilities		(69,611)	(26,244)
Total assets less current liabilities		961,308	1,008,757
Creditors: Amounts falling due after more than one year	13	(157,294)	(204,822)
Provisions for liabilities		(70,816)	(71,591)
Net assets		733,198	732,344
Capital and reserves
Called up share capital		1,000	1,000
Other reserves		592,990	592,990
Retained earnings		139,208	138,354
Shareholders' funds		733,198	732,344

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 October 2026 and signed on its behalf by:
 

......................................... Mr SA Haynes Director

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
93 Aldwick Road
Bognor Regis
West Sussex
PO21 2NW
England

These financial statements were authorised for issue by the Board on 28 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Freehold Property (Land)	Nil
Freehold Property (Buildings)	50 years straight line
Property Improvements	10% reducing balance
Plant & Machinery	10% reducing balance
Fixtures & Fittings	20% reducing balance
Motor Vehicles	20% reducing balance
Office Equipment	20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 16 (2025 - 20).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	5,542	27,272
Deferred taxation
Arising from origination and reversal of timing differences	(775)	(3,331)
Tax expense in the income statement	4,767	23,941

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £
Cost or valuation
At 1 April 2025	1,016,852	74,495	9,300	141,002
At 31 March 2026	1,016,852	74,495	9,300	141,002
Depreciation
At 1 April 2025	15,899	70,073	7,911	112,765
Charge for the year	95	885	278	2,824
At 31 March 2026	15,994	70,958	8,189	115,589
Carrying amount
At 31 March 2026	1,000,858	3,537	1,111	25,413
At 31 March 2025	1,000,953	4,422	1,389	28,237

	Total £
Cost or valuation
At 1 April 2025	1,241,649
At 31 March 2026	1,241,649
Depreciation
At 1 April 2025	206,648
Charge for the year	4,082
At 31 March 2026	210,730
Carrying amount
At 31 March 2026	1,030,919
At 31 March 2025	1,035,001

Included within the net book value of land and buildings above is £1,000,000 (2025 - £1,000,000) in respect of freehold land and buildings and £858 (2025 - £953) in respect of short leasehold land and buildings.
 

6

Stocks

	2026 £	2025 £
Other inventories	928,838	888,318

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

7

Debtors

Current	2026 £	2025 £
Trade debtors	22,604	98,818
Prepayments	22,955	26,129
	45,559	124,947

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

8	Provisions for liabilities

	Deferred tax £	Total £
At 1 April 2025	71,591	71,591
Increase (decrease) in existing provisions	(775)	(775)
At 31 March 2026	70,816	70,816

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	1,000	1,000	1,000	1,000

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

10	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	157,294	202,806
Other borrowings	-	2,016
	157,294	204,822

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	39,854	34,196
Other borrowings	1,761	10,196
	41,615	44,392

11

Dividends

Interim dividends paid

		2026 £		2025 £
Interim dividend of £6.04 per each Ordinary		6,040		6,040

12	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	34,335	37,340

SSJ Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

13

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	10	41,615	44,392
Trade creditors		444,917	279,365
Taxation and social security		63,474	102,941
Accruals and deferred income		3,200	2,900
Other creditors		514,221	619,434
		1,067,427	1,049,032

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	10	157,294	204,822