Company registration number 10866711 (England and Wales)
AJJP HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 OCTOBER 2023
PAGES FOR FILING WITH REGISTRAR
AJJP HOLDINGS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
AJJP HOLDINGS LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AJJP HOLDINGS LIMITED FOR THE PERIOD ENDED 28 OCTOBER 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AJJP Holdings Limited for the period ended 28 October 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of AJJP Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AJJP Holdings Limited and state those matters that we have agreed to state to the board of directors of AJJP Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AJJP Holdings Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that AJJP Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AJJP Holdings Limited. You consider that AJJP Holdings Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of AJJP Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ormerod Rutter Limited
17 July 2024
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
AJJP HOLDINGS LIMITED
BALANCE SHEET
AS AT
28 OCTOBER 2023
28 October 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
103
103
Current assets
Debtors
4
32,758
29,032
Cash at bank and in hand
206
206
32,964
29,238
Creditors: amounts falling due within one year
5
(1,075)
(1,013)
Net current assets
31,889
28,225
Total assets less current liabilities
31,992
28,328
Capital and reserves
Called up share capital
6
206
206
Profit and loss reserves
31,786
28,122
Total equity
31,992
28,328
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 28 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 17 July 2024 and are signed on its behalf by:
Mr A P P Price
Director
Company Registration No. 10866711
AJJP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 OCTOBER 2023
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1
Accounting policies
Company information
AJJP Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Units 1 & 2, Scotia Industrial Estate, Scotia Road, Tunstall, Staffordshire, ST6 4HG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
1.2
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2023
2022
Number
Number
Total
3
3
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
103
103
AJJP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 OCTOBER 2023
- 4 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
6,278
4,632
Other debtors
26,480
24,400
32,758
29,032
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
564
516
Other creditors
511
497
1,075
1,013
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
200
200
200
200
Ordinary B of £1 each
2
2
2
2
Ordinary C of £1 each
2
2
2
2
Ordinary D of £1 each
2
2
2
2
206
206
206
206
7
Related party transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
AJJP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 OCTOBER 2023
- 5 -
8
Directors' transactions
Advances or credits have been granted by the company to its directors as follows:
Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Loan accounts
-
24,400
276,580
(274,500)
26,480
24,400
276,580
(274,500)
26,480
The directors' loan accounts were repaid within nine months of the period end.
9
Ultimate controlling party
The ultimate controlling party is Mr A P P Price.