SJS PARTNERS LIMITED

SJS PARTNERS LIMITED - Company Information

2021-04-012022-03-312022-03-31false07522419SJS PARTNERS LIMITED2022-12-2969201iso4217:GBPxbrli:pure075224192021-04-01075224192022-03-31075224192021-04-012022-03-31075224192020-04-01075224192021-03-31075224192020-04-012021-03-3107522419bus:SmallEntities2021-04-012022-03-3107522419bus:AuditExempt-NoAccountantsReport2021-04-012022-03-3107522419bus:FullAccounts2021-04-012022-03-3107522419bus:PrivateLimitedCompanyLtd2021-04-012022-03-3107522419core:WithinOneYear2022-03-3107522419core:AfterOneYear2022-03-3107522419core:WithinOneYear2021-03-3107522419core:AfterOneYear2021-03-3107522419core:ShareCapital2022-03-3107522419core:SharePremium2022-03-3107522419core:RevaluationReserve2022-03-3107522419core:OtherReservesSubtotal2022-03-3107522419core:RetainedEarningsAccumulatedLosses2022-03-3107522419core:ShareCapital2021-03-3107522419core:SharePremium2021-03-3107522419core:RevaluationReserve2021-03-3107522419core:OtherReservesSubtotal2021-03-3107522419core:RetainedEarningsAccumulatedLosses2021-03-3107522419core:LandBuildings2022-03-3107522419core:PlantMachinery2022-03-3107522419core:Vehicles2022-03-3107522419core:FurnitureFittings2022-03-3107522419core:OfficeEquipment2022-03-3107522419core:NetGoodwill2022-03-3107522419core:IntangibleAssetsOtherThanGoodwill2022-03-3107522419core:ListedExchangeTraded2022-03-3107522419core:UnlistedNon-exchangeTraded2022-03-3107522419core:LandBuildings2021-03-3107522419core:PlantMachinery2021-03-3107522419core:Vehicles2021-03-3107522419core:FurnitureFittings2021-03-3107522419core:OfficeEquipment2021-03-3107522419core:NetGoodwill2021-03-3107522419core:IntangibleAssetsOtherThanGoodwill2021-03-3107522419core:ListedExchangeTraded2021-03-3107522419core:UnlistedNon-exchangeTraded2021-03-3107522419core:LandBuildings2021-04-012022-03-3107522419core:PlantMachinery2021-04-012022-03-3107522419core:Vehicles2021-04-012022-03-3107522419core:FurnitureFittings2021-04-012022-03-3107522419core:OfficeEquipment2021-04-012022-03-3107522419core:NetGoodwill2021-04-012022-03-3107522419core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3107522419core:ListedExchangeTraded2021-04-012022-03-3107522419core:UnlistedNon-exchangeTraded2021-04-012022-03-3107522419core:MoreThanFiveYears2021-04-012022-03-3107522419core:Non-currentFinancialInstruments2022-03-3107522419core:Non-currentFinancialInstruments2021-03-3107522419dpl:CostSales2021-04-012022-03-3107522419dpl:DistributionCosts2021-04-012022-03-3107522419dpl:AdministrativeExpenses2021-04-012022-03-3107522419core:LandBuildings2021-04-012022-03-3107522419core:PlantMachinery2021-04-012022-03-3107522419core:Vehicles2021-04-012022-03-3107522419core:FurnitureFittings2021-04-012022-03-3107522419core:OfficeEquipment2021-04-012022-03-3107522419core:NetGoodwill2021-04-012022-03-3107522419core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3107522419dpl:GroupUndertakings2021-04-012022-03-3107522419dpl:ParticipatingInterests2021-04-012022-03-3107522419dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3107522419core:ListedExchangeTraded2021-04-012022-03-3107522419dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3107522419core:UnlistedNon-exchangeTraded2021-04-012022-03-3107522419dpl:CostSales2020-04-012021-03-3107522419dpl:DistributionCosts2020-04-012021-03-3107522419dpl:AdministrativeExpenses2020-04-012021-03-3107522419core:LandBuildings2020-04-012021-03-3107522419core:PlantMachinery2020-04-012021-03-3107522419core:Vehicles2020-04-012021-03-3107522419core:FurnitureFittings2020-04-012021-03-3107522419core:OfficeEquipment2020-04-012021-03-3107522419core:NetGoodwill2020-04-012021-03-3107522419core:IntangibleAssetsOtherThanGoodwill2020-04-012021-03-3107522419dpl:GroupUndertakings2020-04-012021-03-3107522419dpl:ParticipatingInterests2020-04-012021-03-3107522419dpl:GroupUndertakingscore:ListedExchangeTraded2020-04-012021-03-3107522419core:ListedExchangeTraded2020-04-012021-03-3107522419dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-04-012021-03-3107522419core:UnlistedNon-exchangeTraded2020-04-012021-03-3107522419core:NetGoodwill2022-03-3107522419core:IntangibleAssetsOtherThanGoodwill2022-03-3107522419core:LandBuildings2022-03-3107522419core:PlantMachinery2022-03-3107522419core:Vehicles2022-03-3107522419core:FurnitureFittings2022-03-3107522419core:OfficeEquipment2022-03-3107522419core:AfterOneYear2022-03-3107522419core:WithinOneYear2022-03-3107522419core:ListedExchangeTraded2022-03-3107522419core:UnlistedNon-exchangeTraded2022-03-3107522419core:ShareCapital2022-03-3107522419core:SharePremium2022-03-3107522419core:RevaluationReserve2022-03-3107522419core:OtherReservesSubtotal2022-03-3107522419core:RetainedEarningsAccumulatedLosses2022-03-3107522419core:NetGoodwill2021-03-3107522419core:IntangibleAssetsOtherThanGoodwill2021-03-3107522419core:LandBuildings2021-03-3107522419core:PlantMachinery2021-03-3107522419core:Vehicles2021-03-3107522419core:FurnitureFittings2021-03-3107522419core:OfficeEquipment2021-03-3107522419core:AfterOneYear2021-03-3107522419core:WithinOneYear2021-03-3107522419core:Liste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Registered Number
07522419
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2022

SJS PARTNERS LIMITED

Company Information
for the year from 1 April 2021 to 31 March 2022


Directors	GOLDSMITH, Simon David
	GOLDSMITH, Susan


Registered Address	Suite 113 28a Church Road
	Stanmore
	HA7 4AW


Registered Number	07522419 (England and Wales)

SJS PARTNERS LIMITED

Balance Sheet as at
31 March 2022

	Notes	2022		2021
		£	£	£	£
Fixed assets
Tangible assets	5		1,003		1,976
			1,003		1,976
Current assets
Debtors	6	19,490		15,128
Cash at bank and on hand		35,616		43,749
		55,106		58,877
Creditors amounts falling due within one year	7	(24,111)		(38,029)
Net current assets (liabilities)			30,995		20,848
Total assets less current liabilities			31,998		22,824
Provisions for liabilities	8		(191)		(377)
Net assets			31,807		22,447
Capital and reserves
Called up share capital			2		2
Profit and loss account			31,805		22,445
Shareholders' funds			31,807		22,447

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 29 December 2022, and are signed on its behalf by:

GOLDSMITH, Simon David
Director
Registered Company No. 07522419

SJS PARTNERS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2022

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Government grants and other government assistance policy
	Income relating to the Coronavirus Job Retention Scheme is recognised in the period to which the underlying furloughed staff costs relate.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

4.	Employee information


		2022		2021
	Average number of employees during the year	3		3

5.	Property, plant and equipment

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 April 21	3,986	3,986
Disposals	(639)	(639)
At 31 March 22	3,347	3,347
Depreciation and impairment
At 01 April 21	2,010	2,010
Charge for year	334	334
At 31 March 22	2,344	2,344
Net book value
At 31 March 22	1,003	1,003
At 31 March 21	1,976	1,976

6.	Debtors

	2022	2021
	£	£
Trade debtors / trade receivables	17,638	14,954
Other debtors	1,380	-
Prepayments and accrued income	472	174
Total	19,490	15,128


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

7.	Creditors within one year

	2022	2021
	£	£
Trade creditors / trade payables	124	252
Taxation and social security	23,569	29,072
Other creditors	418	8,106
Accrued liabilities and deferred income	-	599
Total	24,111	38,029


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Provisions for liabilities

	2022	2021
	£	£
Net deferred tax liability (asset)	191	377
Total	191	377