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Company Registration No. 11120537 (England and Wales)
Ajax UK Platform Operations Limited Unaudited accounts for the year ended 31 December 2023
Ajax UK Platform Operations Limited Unaudited accounts Contents
Page
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Ajax UK Platform Operations Limited Company Information for the year ended 31 December 2023
Directors
C Pool E Reva
Company Number
11120537 (England and Wales)
Registered Office
Studio 4, Cloisters House 8 Battersea Park Road London SW8 4BG
Accountants
Grass & Holm Thornbury Cottage Chalk Hill Amersham BUCKS HP7 0LY
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Ajax UK Platform Operations Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
890 
1,774 
Current assets
Inventories
70,214 
50,000 
Debtors
231,908 
13,839 
Cash at bank and in hand
20,635 
5,532 
322,757 
69,371 
Creditors: amounts falling due within one year
(1,084,018)
(920,679)
Net current liabilities
(761,261)
(851,308)
Total assets less current liabilities
(760,371)
(849,534)
Creditors: amounts falling due after more than one year
(20,613)
(23,813)
Net liabilities
(780,984)
(873,347)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(780,994)
(873,357)
Shareholders' funds
(780,984)
(873,347)
For the year ending 31 December 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 9 September 2024 and were signed on its behalf by
C Pool Director Company Registration No. 11120537
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Ajax UK Platform Operations Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Ajax UK Platform Operations Limited is a private company, limited by shares, registered in England and Wales, registration number 11120537. The registered office is Studio 4, Cloisters House, 8 Battersea Park Road, London, SW8 4BG.
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
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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
5 years straight line
Computer equipment
3 years stright line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The company is depdent upon the continued support of the directors and shareholder. The directors confirm that the company is a going concern.
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Ajax UK Platform Operations Limited Notes to the Accounts for the year ended 31 December 2023
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.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
267 
2,492 
2,759 
At 31 December 2023
267 
2,492 
2,759 
Depreciation
At 1 January 2023
4 
981 
985 
Charge for the year
54 
830 
884 
At 31 December 2023
58 
1,811 
1,869 
Net book value
At 31 December 2023
209 
681 
890 
At 31 December 2022
263 
1,511 
1,774 
5
Inventories
2023 
2022 
£ 
£ 
Finished goods
70,214 
50,000 
70,214 
50,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
(1,411)
1,483 
Trade debtors
17,033 
11,088 
Deferred tax asset
215,454 
Accrued income and prepayments
270 
1,268 
Other debtors
562 
- 
231,908 
13,839 
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Ajax UK Platform Operations Limited Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,856 
3,856 
Trade creditors
23,933 
41,979 
Taxes and social security
2,201 
3,315 
Other creditors
206,142 
170,912 
Loans from directors
846,192 
699,148 
Accruals
1,694 
1,469 
1,084,018 
920,679 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,613 
23,813 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
10
Transactions with related parties
At the balance sheet date the company owed £205,800 (2022: £170,000) to Lonsdale Homes Limited by way of an interest free loan. Lonsdale Homes Limited is under common control with the company.
11
Average number of employees
During the year the average number of employees was 4 (2022: 11).
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