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REGISTERED NUMBER: 04571486 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

A J MECHANICAL & ELECTRICAL SERVICES
LIMITED

A J MECHANICAL & ELECTRICAL SERVICES
LIMITED (REGISTERED NUMBER: 04571486)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A J MECHANICAL & ELECTRICAL SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Craig Martin James
Nicola Hopkins
Kirsty Lisa James





REGISTERED OFFICE: Court House
Court Road
Bridgend
CF31 1BE





REGISTERED NUMBER: 04571486 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

A J MECHANICAL & ELECTRICAL SERVICES
LIMITED (REGISTERED NUMBER: 04571486)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,897 56,968

CURRENT ASSETS
Stocks 24,000 24,555
Debtors 5 741,590 805,271
Cash at bank and in hand 32,008 59,650
797,598 889,476
CREDITORS
Amounts falling due within one year 6 557,966 633,699
NET CURRENT ASSETS 239,632 255,777
TOTAL ASSETS LESS CURRENT
LIABILITIES

348,529

312,745

CREDITORS
Amounts falling due after more than one
year

7

(104,993

)

(93,893

)

PROVISIONS FOR LIABILITIES (20,690 ) (10,824 )
NET ASSETS 222,846 208,028

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 222,746 207,928
SHAREHOLDERS' FUNDS 222,846 208,028

A J MECHANICAL & ELECTRICAL SERVICES
LIMITED (REGISTERED NUMBER: 04571486)

BALANCE SHEET - continued
30 JUNE 2024


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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:





Nicola Hopkins - Director


A J MECHANICAL & ELECTRICAL SERVICES
LIMITED (REGISTERED NUMBER: 04571486)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

A J Mechanical & Electrical Services Limited 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.

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 is measured at the fair value of the consideration received or receivable of services provided (net of VAT and trade discounts). Income is recognised when the services have been provided and the right to consideration earned.

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 cost

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

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.

A J MECHANICAL & ELECTRICAL SERVICES
LIMITED (REGISTERED NUMBER: 04571486)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 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 the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Long term contracts
Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments on account.

Pension costs - auto enrolment
The company operates an auto enrolment pension scheme. Contributions payable to the pension scheme are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 13 ).

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023 23,283 148,290 171,573
Additions - 68,208 68,208
At 30 June 2024 23,283 216,498 239,781
DEPRECIATION
At 1 July 2023 14,924 99,681 114,605
Charge for year 2,067 14,212 16,279
At 30 June 2024 16,991 113,893 130,884
NET BOOK VALUE
At 30 June 2024 6,292 102,605 108,897
At 30 June 2023 8,359 48,609 56,968


A J MECHANICAL & ELECTRICAL SERVICES
LIMITED (REGISTERED NUMBER: 04571486)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 125,339 121,904
Amounts recoverable on contract 572,754 642,340
Other debtors 43,497 41,027
741,590 805,271

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 29,587 29,567
Hire purchase contracts 20,634 16,373
Trade creditors 481,284 557,351
Taxation and social security 18,330 22,334
Other creditors 8,131 8,074
557,966 633,699

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 31,285 60,863
Hire purchase contracts 73,708 33,030
104,993 93,893

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 60,872 90,430

Loan is secured by personal guarantee of the director.

9. RESERVES
Retained
earnings
£   

At 1 July 2023 207,928
Profit for the year 14,818
At 30 June 2024 222,746