SJL Building Development Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 07811701 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

SJL BUILDING DEVELOPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Locke

Mrs J M Locke

REGISTERED OFFICE:

Sutherland House

1759 London Road

Leigh On Sea

Essex

SS9 2RZ

REGISTERED NUMBER:

07811701 (England and Wales)

ACCOUNTANTS:

Platt Rushton LLP

Chartered Accountants

Sutherland House

1759 London Road

Leigh on Sea

Essex

SS9 2RZ

FIXED ASSETS

Tangible assets

4

9,119

11,830

CURRENT ASSETS

Stocks

37,986

30,441

Debtors

5

11,500

20,000

Cash at bank

1,685

3,181

51,171

53,622

CREDITORS

Amounts falling due within one year

6

73,495

54,977

NET CURRENT LIABILITIES

(22,324

)

(1,355

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,205

)

10,475

CREDITORS

Amounts falling due after more than one year

7

4,753

6,946

NET (LIABILITIES)/ASSETS

(17,958

)

3,529

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(17,960

)

3,527

SHAREHOLDERS' FUNDS

(17,958

)

3,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2022 and were signed on its behalf by:

Mrs J M Locke - Director

1.	STATUTORY INFORMATION

SJL Building Development Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

17,561

Additions

274

At 31 March 2022

17,835

DEPRECIATION

At 1 April 2021

5,731

Charge for year

2,985

At 31 March 2022

8,716

NET BOOK VALUE

At 31 March 2022

9,119

At 31 March 2021

11,830

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

11,500

20,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Hire purchase contracts

2,193

2,193

Trade creditors

115

338

Taxation and social security

1,361

600

Other creditors

69,826

51,846

73,495

54,977

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Hire purchase contracts

4,753

6,946