IRIS Accounts Production v24.2.0.383 11913556 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false 5874 5874 5874 5874 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119135562023-03-31119135562024-03-31119135562023-04-012024-03-31119135562022-03-31119135562022-04-012023-03-31119135562023-03-3111913556ns15:EnglandWales2023-04-012024-03-3111913556ns14:PoundSterling2023-04-012024-03-3111913556ns10:Director12023-04-012024-03-3111913556ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111913556ns10:SmallEntities2023-04-012024-03-3111913556ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111913556ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111913556ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111913556ns10:FullAccounts2023-04-012024-03-311191355642ns10:Director22023-03-311191355642ns10:Director22022-04-012023-03-311191355642ns10:Director22023-04-012024-03-311191355642ns10:Director22023-03-3111913556ns5:CurrentFinancialInstruments2024-03-3111913556ns5:CurrentFinancialInstruments2023-03-3111913556ns5:Non-currentFinancialInstruments2024-03-3111913556ns5:Non-currentFinancialInstruments2023-03-3111913556ns5:ShareCapital2024-03-3111913556ns5:ShareCapital2023-03-3111913556ns5:RetainedEarningsAccumulatedLosses2024-03-3111913556ns5:RetainedEarningsAccumulatedLosses2023-03-3111913556ns10:RegisteredOffice2023-04-012024-03-3111913556ns5:PlantMachinery2023-04-012024-03-3111913556ns5:PlantMachinery2023-03-3111913556ns5:PlantMachinery2024-03-3111913556ns5:PlantMachinery2023-03-3111913556ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3111913556ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-012024-03-3111913556ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-03-3111913556ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3111913556ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111913556ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3111913556ns10:Director22023-04-012024-03-31119135561ns10:Director12023-03-31119135561ns10:Director12022-03-31119135561ns10:Director12023-04-012024-03-31119135561ns10:Director12022-04-012023-03-31119135561ns10:Director12024-03-31119135561ns10:Director12023-03-31
REGISTERED NUMBER: 11913556 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

AEJ CONSTRUCTION SERVICES LTD

AEJ CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 11913556)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


AEJ CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 11913556)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,170 41,155

CURRENT ASSETS
Debtors 5 77,656 25,944
Cash at bank 38,753 55,851
116,409 81,795
CREDITORS
Amounts falling due within one year 6 56,116 32,734
NET CURRENT ASSETS 60,293 49,061
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,463

90,216

CREDITORS
Amounts falling due after more than one
year

7

(13,195

)

(6,243

)

PROVISIONS FOR LIABILITIES (7,834 ) (7,819 )
NET ASSETS 78,434 76,154

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,334 76,054
78,434 76,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

AEJ CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 11913556)

BALANCE SHEET - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





Mr A E Jones - Director


AEJ CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 11913556)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

AEJ Construction Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11913556

Registered office: Glaslyn
Ffordd Y Parc
Parc Menai
Bangor
Gwynedd
LL57 4FE

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.

Turnover
Turnover represents services rendered excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on reducing balance and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

AEJ CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 11913556)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 58,025
Additions 38,816
Disposals (38,645 )
At 31 March 2024 58,196
DEPRECIATION
At 1 April 2023 16,870
Charge for year 10,400
Eliminated on disposal (8,244 )
At 31 March 2024 19,026
NET BOOK VALUE
At 31 March 2024 39,170
At 31 March 2023 41,155

AEJ CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 11913556)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023 38,645
Additions 38,649
Disposals (38,645 )
At 31 March 2024 38,649
DEPRECIATION
At 1 April 2023 8,244
Charge for year 7,730
Eliminated on disposal (8,244 )
At 31 March 2024 7,730
NET BOOK VALUE
At 31 March 2024 30,919
At 31 March 2023 30,401

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,179 2,548
Amounts recoverable on contract 57,378 15,020
Other debtors 3,099 8,376
77,656 25,944

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,597 6,243
Trade creditors 8,446 5,120
Taxation and social security 15,543 21,371
Other creditors 25,530 -
56,116 32,734

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 13,195 6,243

AEJ CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 11913556)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 19,792 12,486

Hire Purchase obligations are secured on the assets to which they relate.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr A E Jones and Mrs L K Roberts-Jones
Balance outstanding at start of year 5,874 -
Amounts advanced - 5,874
Amounts repaid (5,874 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,874