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REGISTERED NUMBER: 09814983 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

AJS WINDOW INSTALLATIONS LIMITED

AJS WINDOW INSTALLATIONS LIMITED (REGISTERED NUMBER: 09814983)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AJS WINDOW INSTALLATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: Mr S O'Sullivan



REGISTERED OFFICE: Unit 10-14 The Bridge Trading Estate
Bridge Street North
Smethwick
B66 2BZ



REGISTERED NUMBER: 09814983 (England and Wales)



ACCOUNTANTS: M Scrivens & Co Ltd
Unit S The Wallows Industrial Estate
Fens Pool Avenue
Brierley Hill
DY5 1QA



BANKERS: Santander UK PLC
250 Stanley Road
Bootle
L20 3PQ



INCORPORATED: 8th October 2015

AJS WINDOW INSTALLATIONS LIMITED (REGISTERED NUMBER: 09814983)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,972 9,672

CURRENT ASSETS
Stocks 94,157 81,330
Debtors 5 133,686 103,573
Cash at bank and in hand 469 41,217
228,312 226,120
CREDITORS
Amounts falling due within one year 6 190,019 189,838
NET CURRENT ASSETS 38,293 36,282
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,265

45,954

CREDITORS
Amounts falling due after more than one
year

7

(21,667

)

(26,667

)

PROVISIONS FOR LIABILITIES 9 (1,135 ) (1,529 )
NET ASSETS 21,463 17,758

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 21,462 17,757
SHAREHOLDERS' FUNDS 21,463 17,758

AJS WINDOW INSTALLATIONS LIMITED (REGISTERED NUMBER: 09814983)

BALANCE SHEET - continued
30 SEPTEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 7 November 2023 and were signed by:





Mr S O'Sullivan - Director


AJS WINDOW INSTALLATIONS LIMITED (REGISTERED NUMBER: 09814983)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

AJS Window Installations 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

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans from related parties.

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.


AJS WINDOW INSTALLATIONS LIMITED (REGISTERED NUMBER: 09814983)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

The company contributes into the director's pension scheme are charged to the profit and loss account in the period to which they relate.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term trade 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 12 ) .

AJS WINDOW INSTALLATIONS LIMITED (REGISTERED NUMBER: 09814983)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2022 52,659 785 3,587 57,031
Additions - 1,000 - 1,000
At 30 September 2023 52,659 1,785 3,587 58,031
DEPRECIATION
At 1 October 2022 46,275 785 299 47,359
Charge for year 3,553 250 897 4,700
At 30 September 2023 49,828 1,035 1,196 52,059
NET BOOK VALUE
At 30 September 2023 2,831 750 2,391 5,972
At 30 September 2022 6,384 - 3,288 9,672

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 66,146 39,879
Other debtors 67,540 63,694
133,686 103,573

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts (see note 8) 12,060 10,000
Trade creditors 93,457 124,129
Taxation and social security 6,862 4,099
Other creditors 77,640 51,610
190,019 189,838

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans (see note 8) 21,667 26,667

AJS WINDOW INSTALLATIONS LIMITED (REGISTERED NUMBER: 09814983)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8. LOANS

An analysis of the maturity of loans is given below:

30.9.23 30.9.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 2,060 -
Bank loans 10,000 10,000
12,060 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 26,667

Amounts falling due between two and five years:
Bank loans - 2-5 years 11,667 -

9. PROVISIONS FOR LIABILITIES
30.9.23 30.9.22
£    £   
Deferred tax 1,135 1,529

Deferred
tax
£   
Balance at 1 October 2022 1,529
Movement during the year (394 )
Balance at 30 September 2023 1,135

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
1 Ordinary £1 1 1