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REGISTERED NUMBER: 11673084 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 November 2022

for

AJ'S EMPORIUM LTD

AJ'S EMPORIUM LTD (REGISTERED NUMBER: 11673084)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AJ'S EMPORIUM LTD

Company Information
FOR THE YEAR ENDED 30 NOVEMBER 2022







DIRECTOR: A Davies





REGISTERED OFFICE: 4 Cenydd Terrace
Senghenydd
CF83 4HL





REGISTERED NUMBER: 11673084 (England and Wales)





ACCOUNTANTS: Hayvenhursts
Fairway House
Links Business Park
St Mellons
Cardiff
CF3 0LT

AJ'S EMPORIUM LTD (REGISTERED NUMBER: 11673084)

Balance Sheet
30 NOVEMBER 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 41 62

CURRENT ASSETS
Cash at bank - 265

CREDITORS
Amounts falling due within one year 5 (194 ) (235 )
NET CURRENT (LIABILITIES)/ASSETS (194 ) 30
TOTAL ASSETS LESS CURRENT
LIABILITIES

(153

)

92

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (154 ) 91
(153 ) 92

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 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.

AJ'S EMPORIUM LTD (REGISTERED NUMBER: 11673084)

Balance Sheet - continued
30 NOVEMBER 2022


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 10 November 2023 and were signed by:





A Davies - Director


AJ'S EMPORIUM LTD (REGISTERED NUMBER: 11673084)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2022

1. STATUTORY INFORMATION

AJ's Emporium 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.

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 etc - 33% on reducing balance

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 NIL (2021 - 1 ).

AJ'S EMPORIUM LTD (REGISTERED NUMBER: 11673084)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2021
and 30 November 2022 174
DEPRECIATION
At 1 December 2021 112
Charge for year 21
At 30 November 2022 133
NET BOOK VALUE
At 30 November 2022 41
At 30 November 2021 62

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security - 194
Other creditors 194 41
194 235

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Amounts owed to Mr. A. Davies at the 30th November 2021 £41, (2020 £799). These amounts are interest free and repayable on demand.

7. COVID-19

The Coronavirus (COVID-19) pandemic arrived in the UK in January 2020 and cases escalated in March. A lockdown was declared on the 23 March 2020. The company's operations has been impacted by this lockdown.

At present, uncertainties around the scale, timing and impact of the Coronavirus pandemic means it is impossible to give meaningful guidance for the trading result for the year ahead.

Further, following a decision in June 2016 the UK is set to leave the EU trading community. The UK is currently in the transitional period of leaving and is due to complete this process on 31st December 2020. At this point the UK should have agreed to put into place its own trading deals with countries across the world. The Director has concluded that this will not effect their trading format.