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REGISTERED NUMBER: 04586638 (England and Wales)















AJN INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024






AJN INVESTMENTS LIMITED (REGISTERED NUMBER: 04586638)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


AJN INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: N A Taylor



REGISTERED OFFICE: 16 Lambourne Crescent
Cardiff business park
Llanishen
Cardiff
CF14 5GF



REGISTERED NUMBER: 04586638 (England and Wales)



ACCOUNTANTS: Johns Jones & Lo Limited
Chartered Accountants & Registered Auditors
16 Lambourne Crescent
Cardiff Business Park
Llanishen
Cardiff
CF14 5GF



BANKERS: National Westminster
12 Broad Street
Hereford
HR4 9AH

AJN INVESTMENTS LIMITED (REGISTERED NUMBER: 04586638)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,355 8,474
Investments 5 - 134,000
Investment property 6 486,500 486,500
492,855 628,974

CURRENT ASSETS
Debtors 7 3,331 16,260
Investments 8 291,066 -
Cash at bank 175,244 265,817
469,641 282,077
CREDITORS
Amounts falling due within one year 9 20,101 17,312
NET CURRENT ASSETS 449,540 264,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

942,395

893,739

CREDITORS
Amounts falling due after more than one
year

10

(3,239

)

(2,167

)

PROVISIONS FOR LIABILITIES (1,398 ) (1,628 )
NET ASSETS 937,758 889,944

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 937,658 889,844
SHAREHOLDERS' FUNDS 937,758 889,944

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.

AJN INVESTMENTS LIMITED (REGISTERED NUMBER: 04586638)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd December 2024 and were signed by:





N A Taylor - Director


AJN INVESTMENTS LIMITED (REGISTERED NUMBER: 04586638)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

AJN Investments 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.

Significant judgements and estimates
Preparation of the financial statements requires management to make
significant judgements, estimates and assumptions that affect the amounts
reported for assets and liabilities as at the date of the statement of financial
position, and the amounts reported for revenues and expenses during the
period. However, the nature and estimation means that actual outcomes
could differ from those estimates.++Recoverability of debtorsEstimation is
involved in the assessment of the recoverability of debtors and the
calculation of the associated bad debt provision. Factors such as the age of
the debt, prior experience, and recoverability statistics are included in
management's assessment.++Useful economic lives of tangible fixed
assetsTangible fixed assets are depreciated over their useful economic lives
taking into account residual values, where appropriate. Management
regularly reviews the assets' useful economic lives. Changes in assets' useful
economic lives can have a significant impact on depreciation for the period.
Residual value assessments consider issues such as future market
considerations, the remaining life of an asset, and the projected disposal
values.++Provision for impairmentsTangible fixed assets are reviewed for
signs of impairment each year and written down accordingly. All tangible
fixed assets are reviewed by management in conjunction with market data
and other relevant information. Changes in any of the factors considered for
impairments can affect the value reported in the financial statements.





















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

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 etc - 25% on reducing balance

Investment property
In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no depreciation is provided in respect of freehold properties held as investments. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the directors consider that to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The directors consider that this policy results in the financial statements giving a true and fair view.

AJN INVESTMENTS LIMITED (REGISTERED NUMBER: 04586638)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from banks. Debt instruments (other than those wholly repayable or receivable within one year), including loans and account receivables and payables, are initially measured at the transaction price (adjusted for transaction costs) and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be the currently effective rate under contract paid or received. However, if the arrangement constitutes a financing transaction, such as a trade debtor or creditor on extended credit terms, initial measurement is at the present value of future cash flows discounted at a market rate of interest. Subsequent measurement is at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is identified, an impairment loss is recognised in the statement of comprehensive income. For financial assets measured at amortised cost, the impairment loss is measured as the difference between carrying amount and the present value of estimated cash flows discounted at the original effective interest rate. If the financial instrument has a variable interest rate the currently effective rate under the contract is used.

A financial asset is derecognised only when the contractual rights to the cash flows from the financial asset expire or are settled, or substantially all of the risks and rewards of ownership of the financial asset have been transferred to another party or, despite having retained some, but not substantially all, risks and rewards of ownership, control of the asset has been transferred to another party and the other party has the practical ability to sell the asset in its entirety to an unrelated third party and is able to exercise that ability unilaterally and without needing to impose additional restrictions on the transfer. A financial liability is derecognised when the contract that gives rise to it is settled, sold, cancelled or expires. Where an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification, this is treated as a derecognition of the original liability, such that the difference in the respective carrying amounts together with any costs or fees are recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st May 2023
and 30th April 2024 25,403
DEPRECIATION
At 1st May 2023 16,929
Charge for year 2,119
At 30th April 2024 19,048
NET BOOK VALUE
At 30th April 2024 6,355
At 30th April 2023 8,474

AJN INVESTMENTS LIMITED (REGISTERED NUMBER: 04586638)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st May 2023 134,000
Reclassification/transfer (134,000 )
At 30th April 2024 -
NET BOOK VALUE
At 30th April 2024 -
At 30th April 2023 134,000

6. INVESTMENT PROPERTY
Total
£   
COST
At 1st May 2023
and 30th April 2024 486,500
NET BOOK VALUE
At 30th April 2024 486,500
At 30th April 2023 486,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,331 16,260

8. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 291,066 -

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 17,758 15,992
Other creditors 2,343 1,320
20,101 17,312

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed to group undertakings 3,239 2,167

AJN INVESTMENTS LIMITED (REGISTERED NUMBER: 04586638)

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

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2024 and 30th April 2023:

2024 2023
£    £   
N A Taylor
Balance outstanding at start of year 10,718 8,206
Amounts advanced 8,319 2,512
Amounts repaid (20,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (963 ) 10,718

12. ULTIMATE CONTROLLING PARTY

The controlling party is N A Taylor.

The director regards N. Taylor Building Services Limited, a company registered in England and Wales, as the immediate and ultimate parent undertaking and Mr. N. Taylor, who controls 100% of the shares of N. Taylor Building Services Limited, as the company's ultimate controlling party.