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REGISTERED NUMBER: 04093533 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

A & J ARCHITECTS LIMITED

A & J ARCHITECTS LIMITED (REGISTERED NUMBER: 04093533)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


A & J ARCHITECTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Mr A Parascandolo
Mrs J Parascandolo





SECRETARY: Mrs J Parascandolo





REGISTERED OFFICE: 3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED





REGISTERED NUMBER: 04093533 (England and Wales)





ACCOUNTANT: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

A & J ARCHITECTS LIMITED (REGISTERED NUMBER: 04093533)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 12,849 15,554
12,849 15,554

CURRENT ASSETS
Stocks 30,725 9,650
Debtors 6 30,357 26,931
Cash at bank and in hand 1,311 19,304
62,393 55,885
CREDITORS
Amounts falling due within one year 7 17,506 13,105
NET CURRENT ASSETS 44,887 42,780
TOTAL ASSETS LESS CURRENT LIABILITIES 57,736 58,334

CREDITORS
Amounts falling due after more than one year 8 (55,000 ) (55,000 )

PROVISIONS FOR LIABILITIES (2,442 ) (2,956 )
NET ASSETS 294 378

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 292 376
SHAREHOLDERS' FUNDS 294 378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

A & J ARCHITECTS LIMITED (REGISTERED NUMBER: 04093533)

STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 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 Board of Directors and authorised for issue on 3rd December 2024 and were signed on its behalf by:




Mr A Parascandolo - Director



Mrs J Parascandolo - Director


A & J ARCHITECTS LIMITED (REGISTERED NUMBER: 04093533)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

A & J Architects 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.

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.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Revenue is recognised when the right to consideration becomes due.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

As at the transition date for Financial Reporting Standard 102, the estimated useful life of Goodwill was 7 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

A & J ARCHITECTS LIMITED (REGISTERED NUMBER: 04093533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 31st March 2024 72,281
AMORTISATION
At 1st April 2023
and 31st March 2024 72,281
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2023 5,873 29,556 35,429
Additions - 1,086 1,086
At 31st March 2024 5,873 30,642 36,515
DEPRECIATION
At 1st April 2023 2,182 17,693 19,875
Charge for year 554 3,237 3,791
At 31st March 2024 2,736 20,930 23,666
NET BOOK VALUE
At 31st March 2024 3,137 9,712 12,849
At 31st March 2023 3,691 11,863 15,554

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,695 8,531
Other debtors 20,662 18,400
30,357 26,931

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,227 178
Taxation and social security 13,929 11,592
Other creditors 1,350 1,335
17,506 13,105

A & J ARCHITECTS LIMITED (REGISTERED NUMBER: 04093533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 55,000 55,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs 55,000 55,000

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year under review, members of key management personnel received loans from the company which are interest free and repayable on demand.

The company made advances totalling £17,694 (2023 - £23,541) and this was offset by credits totalling £17,697 (2023 - £4,085).

At the balance sheet date, the amount owed to the company was £10,976 (2023 - £10,979) and is included within other debtors.

10. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed Lomir Holding Ltd, a company owned and controlled by the directors of this company, £55,000 (2023 - £55,000). This amount is repayable on demand, does not accrue interest and is presented within creditors due after more than one year.