SJV Construction Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: SC786988

		31 March 2026		31 March 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		54,773		-

			54,773		-
CURRENT ASSETS
Debtors	5	41,432		8,347
Cash at bank and in hand		42,997		2,831

		84,429		11,178
Creditors: Amounts Falling Due Within One Year	6	(66,577 )		(10,926 )

NET CURRENT ASSETS (LIABILITIES)			17,852		252

TOTAL ASSETS LESS CURRENT LIABILITIES			72,625		252

Creditors: Amounts Falling Due After More Than One Year	7		(45,167 )		-

NET ASSETS			27,458		252

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			27,457		251

SHAREHOLDERS' FUNDS			27,458		252

Page 1

Page 2

SJV Construction Ltd

Balance Sheet (continued)

As At 31 March 2026

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Coster

Director

30/09/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

SJV Construction Limited is a private company, limited by shares, registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Significant judgements and estimations

The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. The directors are of the opinion that due to the nature of the business, there are no critical accounting estimates or judgements used in the preparation of these financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration for works executed during the peirod under review, excluding trade discounts, rebates and value added tax.

Turnover on longer contracts is measured by reference to the stage of completion, measured output based upon client applications and certification of work performed per clients certificated. Variations and any performance incentives are ony recongised within turnover where its is highly probable a significant reversal will not occur. Where the outcome of a contract cannot be reliably estiamted, revenue is recognised only to the extent of the recoverable contract costs incurred.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

20% on reducing balance

2.5. Leasing and Hire Purchase Contracts

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.

2.6. Financial Instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors. These are measured at amortised cost and are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

Page 3

Page 4

SJV Construction Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation

Taxation for the period 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 period 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 April 2025	-
Additions	58,685

As at 31 March 2026	58,685

Depreciation
As at 1 April 2025	-
Provided during the period	3,912

As at 31 March 2026	3,912

Net Book Value
As at 31 March 2026	54,773

As at 1 April 2025	-

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	31 March 2026	31 March 2025
	£	£
Motor Vehicles	54,773	-

Page 4

Page 5

SJV Construction Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Debtors

	31 March 2026	31 March 2025
	£	£
Due within one year
Prepayments and accrued income	34,115	-
Other debtors	-	8,003
Amounts recoverable on contracts - Retention	6,570	-
VAT	747	344

	41,432	8,347

6. Creditors: Amounts Falling Due Within One Year

	31 March 2026	31 March 2025
	£	£
Net obligations under finance lease and hire purchase contracts	6,937	-
Trade creditors	1,954	88
Corporation tax	18,209	4,279
Other taxes and social security	4,912	-
Accruals and deferred income	4,700	972
Director's loan account	29,865	5,587

	66,577	10,926

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2026	31 March 2025
	£	£
Net obligations under finance lease and hire purchase contracts	45,167	-

8. Obligations Under Finance Leases and Hire Purchase

	31 March 2026	31 March 2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	6,937	-
Later than one year and not later than five years	45,167	-

	52,104	-

	52,104	-

9. Share Capital

	31 March 2026	31 March 2025
	£	£
Allotted, Called up and fully paid	1	1

Page 5

Page 6

SJV Construction Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Related Party Transactions

During the year the director operated a director loan account. At the year end, the director was due £29,865 which is included within Other Creditors. The loan has not fixed repayment and is interest free.

11. Ultimate Controlling Party

The company's ultimate controlling party is Mr J Coster by virtue of his ownership of 100% of the issued share capital in the company.

Page 6