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REGISTERED NUMBER: 10272526 (England and Wales)











Financial Statements

for the Year Ended 31 March 2023

for

AJE FINANCE LTD

AJE FINANCE LTD (REGISTERED NUMBER: 10272526)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AJE FINANCE LTD

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr J N D Stelzer
Mrs A Landau





REGISTERED OFFICE: 19 Holne Chase
London
N2 0QL





REGISTERED NUMBER: 10272526 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

AJE FINANCE LTD (REGISTERED NUMBER: 10272526)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,325 2,749
Investments 5 50 50
1,375 2,799

CURRENT ASSETS
Debtors 6 568,899 527,598
Cash at bank 24,384 35,368
593,283 562,966
CREDITORS
Amounts falling due within one year 7 6,134 3,910
NET CURRENT ASSETS 587,149 559,056
TOTAL ASSETS LESS CURRENT
LIABILITIES

588,524

561,855

CAPITAL AND RESERVES
Called up share capital 8 600,000 600,000
Retained earnings (11,476 ) (38,145 )
SHAREHOLDERS' FUNDS 588,524 561,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 12 October 2023 and were signed on its behalf by:



Mr J N D Stelzer - Director


AJE FINANCE LTD (REGISTERED NUMBER: 10272526)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

AJE Finance Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

AJE FINANCE LTD (REGISTERED NUMBER: 10272526)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Computer
equipmen
£   
COST
At 1 April 2022 5,456
Additions 1,462
Disposals (4,107 )
At 31 March 2023 2,811
DEPRECIATION
At 1 April 2022 2,707
Charge for year 587
Eliminated on disposal (1,808 )
At 31 March 2023 1,486
NET BOOK VALUE
At 31 March 2023 1,325
At 31 March 2022 2,749

5. FIXED ASSET INVESTMENTS
Other
investme
£   
COST
At 1 April 2022
and 31 March 2023 50
NET BOOK VALUE
At 31 March 2023 50
At 31 March 2022 50

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 565,956 526,400
Prepayments and accrued income 2,943 1,198
568,899 527,598

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Tax 1,216 -
Other creditors 1,381 -
Accruals and deferred income 3,537 3,910
6,134 3,910

AJE FINANCE LTD (REGISTERED NUMBER: 10272526)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
600,000 Ordinary £1 600,000 600,000

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J N D Stelzer.