COMPANY REGISTRATION NUMBER:
12997691
Unaudited Financial Statements |
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Year ended 30 November 2023
Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements |
2 |
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Statement of financial position |
3 |
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Notes to the financial statements |
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Year ended 30 November 2023
The directors present their report and the unaudited financial statements of the company for the year ended
30 November 2023
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The company has been dormant as defined in section 1169 of the Companies Act 2006 throughout the year. It is anticipated that the company will remain dormant for the foreseeable future.
Directors
The directors who served the company during the year were as follows:
Mr A Singh |
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Mr B Singh |
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Mr J Singh |
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Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
18 November 2024
and signed on behalf of the board by:
Registered office: |
1 Fawdry Street |
Smethwick |
B66 2SD |
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Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
AB&J Investments Limited |
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Year ended 30 November 2023
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 30 November 2023, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
VAGHELA & CO. (SERVICES) LTD.
Chartered Certified Accountants
P.O. Box 10901
Birmingham
B1 1ZQ
18 November 2024
Statement of Financial Position |
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30 November 2023
Current assets
Creditors: amounts falling due within one year |
5 |
30 |
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30 |
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Net current assets |
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150 |
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150 |
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---- |
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Total assets less current liabilities |
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150 |
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150 |
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---- |
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---- |
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Capital and reserves
Called up share capital |
6 |
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150 |
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150 |
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Shareholders funds |
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150 |
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150 |
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---- |
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---- |
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These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The company did not trade during the year and has not made either a profit or loss.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
18 November 2024
, and are signed on behalf of the board by:
Company registration number:
12997691
Notes to the Financial Statements |
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Year ended 30 November 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Fawdry Street, Smethwick, B66 2SD.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Debtors
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2023 |
2022 |
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£ |
£ |
Other debtors |
180 |
180 |
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5.
Creditors:
amounts falling due within one year
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2023 |
2022 |
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£ |
£ |
Other creditors |
30 |
30 |
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6.
Called up share capital
Issued, called up and fully paid
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2023 |
2022 |
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No. |
£ |
No. |
£ |
Ordinary shares of £ 1 each |
150 |
150 |
150 |
150 |
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7.
Directors' advances, credits and guarantees
At the year end the directors were owed by the company £30. The loan is interest-free but repayable on demand.