SJB Capital Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07370404 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

SJB CAPITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Baker

SECRETARY:

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN24 5AW

REGISTERED NUMBER:

07370404 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Tangible assets

4

5,000

-

Investments

5

33,500

2,500

38,500

2,500

CURRENT ASSETS

Debtors

6

69,907

131,069

Cash at bank and in hand

7,076

506

76,983

131,575

CREDITORS

Amounts falling due within one year

7

67,786

53,049

NET CURRENT ASSETS

9,197

78,526

TOTAL ASSETS LESS CURRENT LIABILITIES

47,697

81,026

CREDITORS

Amounts falling due after more than one year

8

22,638

-

NET ASSETS

25,059

81,026

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

24,859

80,826

SHAREHOLDERS' FUNDS

25,059

81,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 October 2021 and were signed by:

S J Baker - Director

1.	STATUTORY INFORMATION

SJB Capital 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

Going concern

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.

Turnover

Turnover comprises income receivable from derivative trading activities.

Tangible fixed assets

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

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.

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.

Fixed asset investments

Fixed assets investments are stated at cost less any permanent diminution in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

machinery

£

COST

Additions

5,000

At 31 December 2020

5,000

NET BOOK VALUE

At 31 December 2020

5,000

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 January 2020

2,500

Additions

31,000

At 31 December 2020

33,500

NET BOOK VALUE

At 31 December 2020

33,500

At 31 December 2019

2,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

57,487

124,643

Directors' current accounts

5,994

-

Tax

6,426

6,426

69,907

131,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Bank loans and overdrafts

28,640

-

Trade creditors

38,180

51,796

Directors' current accounts

-

143

Accrued expenses

966

1,110

67,786

53,049

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Bank loans - 1-2 years

4,813

-

Bank loans - 2-5 years

15,182

-

Bank loans more 5 yr by instal

2,643

-

22,638

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,643

-

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S J Baker.