1 January 2022 false No description of principal activity Taxfiler 2023.9 10271117business:PrivateLimitedCompanyLtd2022-01-012022-12-31 102711172021-12-31 102711172022-01-012022-12-31 10271117business:AuditExemptWithAccountantsReport2022-01-012022-12-31 10271117business:AbridgedAccounts2022-01-012022-12-31 102711172022-12-31 10271117business:Director12022-01-012022-12-31 10271117business:RegisteredOffice2022-01-012022-12-31 102711172021-12-31 10271117core:WithinOneYear2022-12-31 10271117core:WithinOneYear2021-12-31 10271117core:AfterOneYear2022-12-31 10271117core:AfterOneYear2021-12-31 10271117core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10271117core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 10271117core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10271117core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 10271117core:PreviouslyStatedAmount2022-12-31 10271117core:PreviouslyStatedAmount2021-12-31 10271117business:SmallEntities2022-01-012022-12-31 10271117countries:EnglandWales2022-01-012022-12-31 10271117core:ComputerEquipment2022-01-012022-12-31 10271117core:OtherPropertyPlantEquipment2022-01-012022-12-31 102711172021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10271117 (England and Wales)
AJ PREMIER LTD Unaudited accounts for the year ended 31 December 2022
AJ PREMIER LTD Unaudited accounts Contents
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AJ PREMIER LTD Company Information for the year ended 31 December 2022
Director
OGHENETEGA OMEZI
Company Number
10271117 (England and Wales)
Registered Office
39 VERITY WAY STEVENAGE HERTFORDSHIRE SG1 5PN UNITED KINGDOM
Accountants
AJ PREMIER LTD 39 VERITY WAY STEVENAGE HERTFORDSHIRE SG1 5PN
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AJ PREMIER LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,002 
1,177 
Current assets
Debtors
9,706 
12 
Cash at bank and in hand
359 
28,657 
10,065 
28,669 
Creditors: amounts falling due within one year
- 
(8,460)
Net current assets
10,065 
20,209 
Total assets less current liabilities
11,067 
21,386 
Creditors: amounts falling due after more than one year
(16,502)
(19,654)
Net (liabilities)/assets
(5,435)
1,732 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(5,635)
1,532 
Shareholders' funds
(5,435)
1,732 
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 September 2023 and were signed on its behalf by
OGHENETEGA OMEZI Director Company Registration No. 10271117
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AJ PREMIER LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
AJ PREMIER LTD is a private company, limited by shares, registered in England and Wales, registration number 10271117. The registered office is 39 VERITY WAY, STEVENAGE, HERTFORDSHIRE, SG1 5PN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. The Company transitioned to FRS 102 Section 1A Small entities on 1 January 2018 and there was no impact to the net assets at the date of transition or at 31 December 2019 or to the profit for the year ended 31 December 2019.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
Other tangible fixed assets
20%
Debtors
Short term debtors are measured at transaction prices, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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AJ PREMIER LTD Notes to the Accounts for the year ended 31 December 2022
Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated. Deferred tax assets are only recognised 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 calculated 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.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2022
2,034 
Additions
407 
At 31 December 2022
2,441 
Depreciation
At 1 January 2022
857 
Charge for the year
582 
At 31 December 2022
1,439 
Net book value
At 31 December 2022
1,002 
At 31 December 2021
1,177 
5
Average number of employees
During the year the average number of employees was 3 (2021: 3).
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