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Company Registration No. 7658159 (England and Wales)
AJL Electrical Contractors Ltd Unaudited accounts for the year ended 30 June 2023
AJL Electrical Contractors Ltd Unaudited accounts Contents
Page
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AJL Electrical Contractors Ltd Company Information for the year ended 30 June 2023
Directors
Mr Jack Leslie Washbourne Mr Leslie Robert Washbourne
Company Number
7658159 (England and Wales)
Registered Office
Moreton House 31 High Street Buckingham Buckinghamshire MK18 1NU England
Accountants
Anthistle Craven Moreton House 31 High Street Buckingham Bucks MK18 1NU
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AJL Electrical Contractors Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,398 
27,099 
Current assets
Inventories
4,151 
6,099 
Debtors
8,280 
7,623 
Cash at bank and in hand
23,845 
25,319 
36,276 
39,041 
Creditors: amounts falling due within one year
(44,521)
(52,054)
Net current liabilities
(8,245)
(13,013)
Total assets less current liabilities
12,153 
14,086 
Provisions for liabilities
Deferred tax
(3,876)
(5,149)
Net assets
8,277 
8,937 
Capital and reserves
Capital contribution reserve
100 
100 
Profit and loss account
8,177 
8,837 
Shareholders' funds
8,277 
8,937 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2024 and were signed on its behalf by
Mr Leslie Robert Washbourne Director Company Registration No. 7658159
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AJL Electrical Contractors Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
AJL Electrical Contractors Ltd is a private company, limited by shares, registered in England and Wales, registration number 7658159. The registered office is Moreton House, 31 High Street, Buckingham, Buckinghamshire, MK18 1NU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on cost
Motor vehicles
25% on cost
Computer equipment
33% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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AJL Electrical Contractors Ltd Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
3,421 
48,176 
1,052 
52,649 
Additions
- 
- 
109 
109 
At 30 June 2023
3,421 
48,176 
1,161 
52,758 
Depreciation
At 1 July 2022
3,421 
21,077 
1,052 
25,550 
Charge for the year
- 
6,774 
36 
6,810 
At 30 June 2023
3,421 
27,851 
1,088 
32,360 
Net book value
At 30 June 2023
- 
20,325 
73 
20,398 
At 30 June 2022
- 
27,099 
- 
27,099 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,916 
6,945 
Accrued income and prepayments
1,364 
678 
8,280 
7,623 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
30,613 
36,467 
Trade creditors
2,686 
3,801 
Taxes and social security
10,559 
11,464 
Other creditors
191 
320 
Loans from directors
472 
2 
44,521 
52,054 
7
Controlling party
The company is controlled by its director and sole shareholder Mr L R Washbourne
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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