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REGISTERED NUMBER: 13745039 (England and Wales)












AJS PROPERTIES NORTH WEST LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






AJS PROPERTIES NORTH WEST LTD (REGISTERED NUMBER: 13745039)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AJS PROPERTIES NORTH WEST LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: A J Seedle





REGISTERED OFFICE: Avroe House
Avroe Crescent
Blackpool
Lancashire
FY4 2DP





REGISTERED NUMBER: 13745039 (England and Wales)





ACCOUNTANTS: Rushtons
Chartered Accountants
Avroe House
Avroe Crescent
Blackpool Business Park
Blackpool
Lancashire
FY4 2DP

AJS PROPERTIES NORTH WEST LTD (REGISTERED NUMBER: 13745039)

ABRIDGED BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 138 188
Investment property 5 353,218 353,218
353,356 353,406

CURRENT ASSETS
Debtors - 195
Cash at bank 3,373 9,984
3,373 10,179
CREDITORS
Amounts falling due within one year 212,328 356,906
NET CURRENT LIABILITIES (208,955 ) (346,727 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,401

6,679

CREDITORS
Amounts falling due after more than
one year

6

127,500

-
NET ASSETS 16,901 6,679

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 16,900 6,678
SHAREHOLDERS' FUNDS 16,901 6,679

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

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

AJS PROPERTIES NORTH WEST LTD (REGISTERED NUMBER: 13745039)

ABRIDGED BALANCE SHEET - continued
30 NOVEMBER 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 November 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 28 August 2024 and were signed by:





A J Seedle - Director


AJS PROPERTIES NORTH WEST LTD (REGISTERED NUMBER: 13745039)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

AJS Properties North West 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.

These financial statements are presented in Sterling, which is the functional currency of the company. Monetary values in the financial statements are rounded to the nearest £.

Turnover
Turnover represents rents receivable from investment properties.

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 - 25% on cost

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.

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.

AJS PROPERTIES NORTH WEST LTD (REGISTERED NUMBER: 13745039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022
and 30 November 2023 200
DEPRECIATION
At 1 December 2022 12
Charge for year 50
At 30 November 2023 62
NET BOOK VALUE
At 30 November 2023 138
At 30 November 2022 188

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 353,218
NET BOOK VALUE
At 30 November 2023 353,218
At 30 November 2022 353,218

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
FIVE YEARS
2023 2022
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 127,500 -

AJS PROPERTIES NORTH WEST LTD (REGISTERED NUMBER: 13745039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 127,500 -

The bank loans are secured by mortgage against the company's investment properties.