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REGISTERED NUMBER: 10815366 (England and Wales)














Unaudited Financial Statements for the Year Ended 30 June 2023

for

AJW INVESTMENT GROUP LTD

AJW INVESTMENT GROUP LTD (REGISTERED NUMBER: 10815366)






Contents of the Financial Statements
for the year ended 30 JUNE 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AJW INVESTMENT GROUP LTD

Company Information
for the year ended 30 JUNE 2023







DIRECTOR: A J Woodmansee





REGISTERED OFFICE: Thistledown Barn
204 Holcot Lane
Sywell
Northampton
Northamptonshire
NN6 0BG





REGISTERED NUMBER: 10815366 (England and Wales)





ACCOUNTANTS: Elsby & Co
Thistledown Barn
204 Holcot Road
Sywell
Northampton
Northamptonshire
NN6 0BG

AJW INVESTMENT GROUP LTD (REGISTERED NUMBER: 10815366)

Abridged Balance Sheet
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 50,258 61,004

CURRENT ASSETS
Stocks 307,709 250,787
Debtors 7,537 76,184
Cash at bank 206,216 450,564
521,462 777,535
CREDITORS
Amounts falling due within one year 56,302 257,185
NET CURRENT ASSETS 465,160 520,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

515,418

581,354

CREDITORS
Amounts falling due after more than one year (57,879 ) (77,080 )

PROVISIONS FOR LIABILITIES (9,549 ) (11,723 )
NET ASSETS 447,990 492,551

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 447,890 492,451
SHAREHOLDERS' FUNDS 447,990 492,551

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

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

AJW INVESTMENT GROUP LTD (REGISTERED NUMBER: 10815366)

Abridged Balance Sheet - continued
30 JUNE 2023


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 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 November 2023 and were signed by:





A J Woodmansee - Director


AJW INVESTMENT GROUP LTD (REGISTERED NUMBER: 10815366)

Notes to the Financial Statements
for the year ended 30 JUNE 2023

1. STATUTORY INFORMATION

AJW Investment Group 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.
Fixtures and fittings - Straight line over 5 years
Motor vehicles - 20% on reducing balance
Computer equipment - Straight line over 5 years

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are addresses at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Consolidated Statement of Comprehensive Income.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


AJW INVESTMENT GROUP LTD (REGISTERED NUMBER: 10815366)

Notes to the Financial Statements - continued
for the year ended 30 JUNE 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.

3. EMPLOYEES

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022 74,327
Additions 2,339
At 30 June 2023 76,666
DEPRECIATION
At 1 July 2022 13,323
Charge for year 13,085
At 30 June 2023 26,408
NET BOOK VALUE
At 30 June 2023 50,258
At 30 June 2022 61,004

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company did not charged interest during the year on the overdrawn balance at the official rate of 2.00%, amounting to £nil (2022: £236). There are no fixed terms of repayment.