Company Registration No. 11168666 (England and Wales)
AJB Finance Ltd
Unaudited accounts
for the year ended 31 March 2024
AJB Finance Ltd
Unaudited accounts
Contents
AJB Finance Ltd
Company Information
for the year ended 31 March 2024
Directors
Adam Jackson Brand
Lyndsey Claire Brand
Company Number
11168666 (England and Wales)
Registered Office
C/o Charterwells, 43-45 High Road,
Bushey Heath,
England
WD231EE
United Kingdom
Accountants
Charterwells
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
AJB Finance Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
105
89
Creditors: amounts falling due within one year
(391)
(374)
Net current liabilities
(286)
(285)
Net (liabilities)/assets
(286)
16
Called up share capital
2
2
Profit and loss account
(288)
14
Shareholders' funds
(286)
16
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 3 December 2024 and were signed on its behalf by
Adam Jackson Brand
Director
Company Registration No. 11168666
AJB Finance Ltd
Notes to the Accounts
for the year ended 31 March 2024
AJB Finance Ltd is a private company, limited by shares, registered in England and Wales, registration number 11168666. The registered office is C/o Charterwells, 43-45 High Road,, Bushey Heath,, England, WD231EE, United Kingdom.
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.
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
25% SLB
4
Tangible fixed assets
Computer equipment
AJB Finance Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
330
Loans from directors
(209)
(556)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
556
208
556
208
The director loan above is interest free and repayable on demand. This loan is to be repaid back to the company within 9 months after the year end.
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).