SJS REALISATIONS LIMITED

• ⚠

  Material uncertainty over going concern

  As discussed in more detail in the going concern section of Accounting Policies, the directors consider that the preparation of the financial statements on a non-going concern basis reflects the sale of the business activities and certain assets of SJS Realisations Limited to Alpha Schools (Holdings) Limited on 11 May 2021. It is intended that SJS Realisations Limited will realise its remaining assets, settle outstanding liabilities and then the parent company will commence the necessary steps to undertake a voluntary winding up of the company.

1. SJS REALISATIONS LIMITED 2021-05-12 → present
2. ST JAMES' SCHOOL,GRIMSBY LTD 2003-06-05 → 2021-05-12

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As discussed in more detail in the going concern section of Accounting Policies, the directors consider that the preparation of the financial statements on a non-going concern basis reflects the sale of the business activities and certain assets of SJS Realisations Limited to Alpha Schools (Holdings) Limited on 11 May 2021. It is intended that SJS Realisations Limited will realise its remaining assets, settle outstanding liabilities and then the parent company will commence the necessary steps to undertake a voluntary winding up of the company.”

Significant events

• “Following the regrettable decision to transfer school operations and sell the land and buildings in May 2021 the governors have continued to arrange for recovery of any outstanding assets and settlement of all liabilities. The final amounts due from the buyer were received on 13th March 2024, and the remaining loan from The Woodard Corporation was repaid on 8th April 2024. As at 31st August 2024, debts owed to the charitable company were being followed and settled.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +307.5%

  £8,617 → £35,111

• Cash

  -19.7%

  £125,220 → £100,541

• Net assets

  +13.4%

  £86,083 → £97,628

• Employees

  —

  Not reported

• Profit before tax

  -97.8%

  £535,375 → £11,545

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers