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REGISTERED NUMBER: 03401125 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 July 2023

for

AJE INFRASTRUCTURE SERVICES LIMITED

AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)






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




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Statement of Changes in Equity 6

Notes to the Financial Statements 7


AJE INFRASTRUCTURE SERVICES LIMITED

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mr T A Baldry
Mr K Shabbir
Mr J S Short





SECRETARY: Mr J S Short





REGISTERED OFFICE: 19-20 Muirhead Quay Fresh Wharf
Higbridge Road
Barking
Essex
IG11 7BD





REGISTERED NUMBER: 03401125 (England and Wales)






AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)

Report of the Directors
for the Year Ended 31 July 2023

The directors present their report with the financial statements of the company for the year ended 31 July 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of electrical services and installations.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 August 2022 to the date of this report.

Mr T A Baldry
Mr K Shabbir
Mr J S Short

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr J S Short - Director


9 November 2023

AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)

Income Statement
for the Year Ended 31 July 2023

2023 2022
Notes £ £

TURNOVER 615,052 479,818

Cost of sales (434,221 ) (213,164 )
GROSS PROFIT 180,831 266,654

Administrative expenses (248,413 ) (344,251 )
(67,582 ) (77,597 )

Other operating income - 5,938
OPERATING LOSS 4 (67,582 ) (71,659 )


Interest payable and similar expenses (1,335 ) (1,399 )
LOSS BEFORE TAXATION (68,917 ) (73,058 )

Tax on loss 59 80
LOSS FOR THE FINANCIAL YEAR (68,858 ) (72,978 )

AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)

Balance Sheet
31 July 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 5 917 1,229

CURRENT ASSETS
Stocks 51,000 51,000
Debtors 6 121,093 193,483
Cash at bank and in hand 38,471 15,445
210,564 259,928
CREDITORS
Amounts falling due within one year 7 (454,270 ) (434,218 )
NET CURRENT LIABILITIES (243,706 ) (174,290 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(242,789

)

(173,061

)

CREDITORS
Amounts falling due after more than one year 8 (36,458 ) (37,268 )

PROVISIONS FOR LIABILITIES (174 ) (234 )
NET LIABILITIES (279,421 ) (210,563 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (280,421 ) (211,563 )
(279,421 ) (210,563 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by:





Mr J S Short - Director


AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)

Statement of Changes in Equity
for the Year Ended 31 July 2023

Called up
share Retained Total
capital earnings equity
£ £ £

Balance at 1 August 2021 - (138,585 ) (138,585 )

Changes in equity
Issue of share capital 1,000 - 1,000
Total comprehensive income - (72,978 ) (72,978 )
Balance at 31 July 2022 1,000 (211,563 ) (210,563 )

Changes in equity
Total comprehensive income - (68,858 ) (68,858 )
Balance at 31 July 2023 1,000 (280,421 ) (279,421 )

AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)

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

1. STATUTORY INFORMATION

AJE INFRASTRUCTURE SERVICES 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.

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.

The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the directors.

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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)

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

2. ACCOUNTING POLICIES - continued

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. OPERATING LOSS

The operating loss is stated after charging:

2023 2022
£ £
Depreciation - owned assets 312 422

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 August 2022
and 31 July 2023 26,131 22,004 14,362 62,497
DEPRECIATION
At 1 August 2022 25,344 21,631 14,293 61,268
Charge for year 197 93 22 312
At 31 July 2023 25,541 21,724 14,315 61,580
NET BOOK VALUE
At 31 July 2023 590 280 47 917
At 31 July 2022 787 373 69 1,229

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 64,989 1,365
Other debtors 56,104 192,118
121,093 193,483

AJE INFRASTRUCTURE SERVICES LIMITED (Registered number: 03401125)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 5,406 10,431
Trade creditors 298,528 238,731
Taxation and social security 22 34,328
Other creditors 150,314 150,728
454,270 434,218

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 36,458 37,268

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£ £
Mr J S Short
Balance outstanding at start of year 11,154 12,194
Amounts advanced 13,500 11,154
Amounts repaid (22,308 ) (12,194 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,346 11,154