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REGISTERED NUMBER: 09036983 (England and Wales)















Financial Statements for the Year Ended 30 April 2023

for

AJS Estates (Developments) Limited

AJS Estates (Developments) Limited (Registered number: 09036983)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

AJS Estates (Developments) Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: J Kirkpatrick
Mrs D Edwards





REGISTERED OFFICE: 1 Lucas Bridge Business Park
1 Old Greens Norton Road
Towcester
Northamptonshire
NN12 8AX





REGISTERED NUMBER: 09036983 (England and Wales)





ACCOUNTANTS: CED Accountancy Services Limited
1 Lucas Bridge Business Park
1 Old Greens Norton Road
Towcester
Northamptonshire
NN12 8AX

AJS Estates (Developments) Limited (Registered number: 09036983)

Abridged Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 - 13,430
Investment property 4 610,000 610,000
610,000 623,430

CURRENT ASSETS
Stocks 551,130 543,833
Debtors 62,061 191,670
Investments 10,000 10,000
Cash at bank 4,756 3,195
627,947 748,698
CREDITORS
Amounts falling due within one year 419,087 393,621
NET CURRENT ASSETS 208,860 355,077
TOTAL ASSETS LESS CURRENT
LIABILITIES

818,860

978,507

CREDITORS
Amounts falling due after more than one year 5 (870,050 ) (988,527 )

PROVISIONS FOR LIABILITIES (2,552 ) (1,707 )
NET LIABILITIES (53,742 ) (11,727 )

CAPITAL AND RESERVES
Called up share capital 10,100 10,100
Retained earnings (63,842 ) (21,827 )
SHAREHOLDERS' FUNDS (53,742 ) (11,727 )

AJS Estates (Developments) Limited (Registered number: 09036983)

Abridged Balance Sheet - continued
30 April 2023


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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 September 2023 and were signed on its behalf by:





J Kirkpatrick - Director


AJS Estates (Developments) Limited (Registered number: 09036983)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. 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 the cost less estimated residual value of each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

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.

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.

2. EMPLOYEES AND DIRECTORS

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

AJS Estates (Developments) Limited (Registered number: 09036983)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022 29,659
Disposals (22,245 )
At 30 April 2023 7,414
DEPRECIATION
At 1 May 2022 16,229
Charge for year 83
Eliminated on disposal (8,898 )
At 30 April 2023 7,414
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 13,430

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022
and 30 April 2023 610,000
NET BOOK VALUE
At 30 April 2023 610,000
At 30 April 2022 610,000

Investment properties held at 30 April 2023 were valued by the directors. The basis of the valuation used was open market value. The value of the properties under the historical cost basis amounts to £610,000 (2022 - £610,000).

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
30.4.23 30.4.22
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 400,050 400,050

6. ULTIMATE CONTROLLING PARTY

The parent company is ANP Investments Limited

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
AJS Estates (Developments) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AJS Estates (Developments) Limited for the year ended 30 April 2023 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of AJS Estates (Developments) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AJS Estates (Developments) Limited and state those matters that we have agreed to state to the Board of Directors of AJS Estates (Developments) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AJS Estates (Developments) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AJS Estates (Developments) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of AJS Estates (Developments) Limited. You consider that AJS Estates (Developments) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AJS Estates (Developments) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CED Accountancy Services Limited
1 Lucas Bridge Business Park
1 Old Greens Norton Road
Towcester
Northamptonshire
NN12 8AX


25 September 2023