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Company Registration No. 07113908 (England and Wales)
Alexander James Mortgage Services Ltd Unaudited accounts for the year ended 31 December 2023
Alexander James Mortgage Services Ltd Unaudited accounts Contents
Page
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Alexander James Mortgage Services Ltd Company Information for the year ended 31 December 2023
Director
Nigel Glossop
Company Number
07113908 (England and Wales)
Registered Office
SUITE 120 14 CHERTSEY ROAD WOKING SURREY GU21 5AH
Accountants
Golding & Co Accounting Services Limited 29 Blackwood Close West Byfleet Surrey KT14 6PP
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Alexander James Mortgage Services Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,951 
10,382 
Current assets
Debtors
29,616 
11,645 
Cash at bank and in hand
66,097 
89,315 
95,713 
100,960 
Creditors: amounts falling due within one year
(14,117)
(20,484)
Net current assets
81,596 
80,476 
Total assets less current liabilities
87,547 
90,858 
Creditors: amounts falling due after more than one year
(10,084)
(11,841)
Net assets
77,463 
79,017 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
77,461 
79,015 
Shareholders' funds
77,463 
79,017 
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 director acknowledges his 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 and authorised for issue on 11 September 2024 and were signed on its behalf by
Nigel Glossop Director Company Registration No. 07113908
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Alexander James Mortgage Services Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Alexander James Mortgage Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07113908. The registered office is SUITE 120 14 CHERTSEY ROAD, WOKING, SURREY, GU21 5AH.
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.
Turnover
Turnover represents sales of services and commissions receivable, excluding value added tax.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Alexander James Mortgage Services Ltd Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
1,978 
16,421 
18,399 
Additions
515 
1,199 
1,714 
Disposals
- 
(1,099)
(1,099)
At 31 December 2023
2,493 
16,521 
19,014 
Depreciation
At 1 January 2023
1,101 
6,916 
8,017 
Charge for the year
720 
5,425 
6,145 
On disposals
- 
(1,099)
(1,099)
At 31 December 2023
1,821 
11,242 
13,063 
Net book value
At 31 December 2023
672 
5,279 
5,951 
At 31 December 2022
877 
9,505 
10,382 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,151 
- 
Accrued income and prepayments
820 
677 
Other debtors
25,645 
10,968 
29,616 
11,645 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,671 
1,630 
Taxes and social security
11,195 
12,926 
Other creditors
1,251 
5,280 
Accruals
- 
648 
14,117 
20,484 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
10,084 
11,841 
The company entered into a Bounce Back Loan arrangement in the amount of £16,000 on 12th May 2020. The loan is unsecured and the charges and interest for the first year have been met by the government. Thereafter, the loan bears interest at 2.5% and is repayable over a 5 year term.
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Alexander James Mortgage Services Ltd Notes to the Accounts for the year ended 31 December 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Nigel Glossop
Advances to Director
9,969 
- 
- 
9,969 
9,969 
- 
- 
9,969 
During the loan the company advanced funds to the Director. These funds are interest free with no fixed terms of repayment. The amount outstanding at year end is £9,969 and is included in Debtors.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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