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REGISTERED NUMBER: 04736390 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

AJ HAYTON WELDING & FABRICATION LTD

AJ HAYTON WELDING & FABRICATION LTD (REGISTERED NUMBER: 04736390)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

AJ HAYTON WELDING & FABRICATION LTD

COMPANY INFORMATION
for the Year Ended 30th April 2024







DIRECTOR: Mr A J Hayton





SECRETARY: Mr A J Hayton





REGISTERED OFFICE: 95 King Street
Lancaster
Lancashire
LA1 1RH





REGISTERED NUMBER: 04736390 (England and Wales)





ACCOUNTANTS: Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH

AJ HAYTON WELDING & FABRICATION LTD (REGISTERED NUMBER: 04736390)

BALANCE SHEET
30th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 95,021 110,364
95,021 110,364

CURRENT ASSETS
Stocks 28,313 45,450
Debtors 6 101,654 87,529
Cash at bank 36,639 1,570
166,606 134,549
CREDITORS
Amounts falling due within one year 7 150,646 139,266
NET CURRENT ASSETS/(LIABILITIES) 15,960 (4,717 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,981

105,647

PROVISIONS FOR LIABILITIES 18,054 20,969
NET ASSETS 92,927 84,678

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 92,925 84,676
SHAREHOLDERS' FUNDS 92,927 84,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

AJ HAYTON WELDING & FABRICATION LTD (REGISTERED NUMBER: 04736390)

BALANCE SHEET - continued
30th April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th September 2024 and were signed by:





Mr A J Hayton - Director


AJ HAYTON WELDING & FABRICATION LTD (REGISTERED NUMBER: 04736390)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

AJ Hayton Welding & Fabrication 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - at variable rates on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


AJ HAYTON WELDING & FABRICATION LTD (REGISTERED NUMBER: 04736390)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
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 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023
and 30th April 2024 6,000
AMORTISATION
At 1st May 2023
and 30th April 2024 6,000
NET BOOK VALUE
At 30th April 2024 -
At 30th April 2023 -

AJ HAYTON WELDING & FABRICATION LTD (REGISTERED NUMBER: 04736390)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st May 2023 220,432 96,350 316,782
Additions 6,789 - 6,789
At 30th April 2024 227,221 96,350 323,571
DEPRECIATION
At 1st May 2023 160,143 46,275 206,418
Charge for year 9,612 12,520 22,132
At 30th April 2024 169,755 58,795 228,550
NET BOOK VALUE
At 30th April 2024 57,466 37,555 95,021
At 30th April 2023 60,289 50,075 110,364

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 94,765 87,222
Other debtors 6,889 307
101,654 87,529

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 42,857 24,149
Taxation and social security 35,080 7,999
Other creditors 72,709 107,118
150,646 139,266

8. RELATED PARTY DISCLOSURES

Bainsbeck Farms Ltd

A company majority owned and controlled by the director Mr AJ Hayton.

Rent was charged to the related party during the year, amounting to £6,000 (2023 £6,000).

Amount due from the related party at the balance sheet date £6,000 (2023 Nil).

AJ HAYTON WELDING & FABRICATION LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
AJ HAYTON WELDING & FABRICATION LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30th April 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without prior reference to ourselves.






Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH


9th September 2024