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REGISTERED NUMBER: 11156041 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2024

FOR

AJN HB LIMITED

AJN HB LIMITED (REGISTERED NUMBER: 11156041)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AJN HB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mrs A J Newbury FCA





REGISTERED OFFICE: Pharmacy Chambers
High Street
Wadhurst
East Sussex
TN5 6AP





REGISTERED NUMBER: 11156041 (England and Wales)





ACCOUNTANTS: Honey Barrett Limited
Chartered Accountants
Pharmacy Chambers
High Street
Wadhurst
East Sussex
TN5 6AP

AJN HB LIMITED (REGISTERED NUMBER: 11156041)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 584,325 584,325

CURRENT ASSETS
Debtors 6 302 302
Cash at bank 61,002 53,455
61,304 53,757
CREDITORS
Amounts falling due within one year 7 46,971 32,236
NET CURRENT ASSETS 14,333 21,521
TOTAL ASSETS LESS CURRENT
LIABILITIES

598,658

605,846

CREDITORS
Amounts falling due after more than one
year

8

(100,438

)

(160,381

)

PROVISIONS FOR LIABILITIES 9 (64,483 ) (64,489 )
NET ASSETS 433,737 380,976

CAPITAL AND RESERVES
Called up share capital 10 100 100
Non distributable reserve 11 194,280 194,280
Retained earnings 239,357 186,596
SHAREHOLDERS' FUNDS 433,737 380,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 HB LIMITED (REGISTERED NUMBER: 11156041)

BALANCE SHEET - continued
30 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 Profit & loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 January 2025 and were signed by:





Mrs A J Newbury FCA - Director


AJN HB LIMITED (REGISTERED NUMBER: 11156041)

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


1. STATUTORY INFORMATION

AJN HB 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the entity after deducting all of its financial liabilities.

When the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Financial costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & loss account, 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 balance sheet date.


AJN HB LIMITED (REGISTERED NUMBER: 11156041)

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


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Unlisted investments
Unlisted investments have been measured at cost less impairment.

Income
Income is represented by management charges received and is shown in the profit and loss account in the period to which it relates.

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 584,325
NET BOOK VALUE
At 30 April 2024 584,325
At 30 April 2023 584,325

Cost or valuation at 30 April 2024 is represented by:

Unlisted
investments
£   
Valuation in 2023 259,040
Cost 325,285
584,325

A valuation was made on the investment as at 30 April 2023.

AJN HB LIMITED (REGISTERED NUMBER: 11156041)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax recoverable 302 302

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 43,492 28,590
Other creditors 1,246 1,413
Director's current account 2,233 2,233
46,971 32,236

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - 1-2 years 23,231 28,588
Other loans - 2-5 years 77,207 85,765
Other loans more 5yrs instal - 46,028
100,438 160,381

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal - 46,028

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 64,483 64,489

Deferred
tax
£   
Balance at 1 May 2023 64,489
Provided during year (6 )
Balance at 30 April 2024 64,483

AJN HB LIMITED (REGISTERED NUMBER: 11156041)

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


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Non
distributable
reserve
£   
At 1 May 2023
and 30 April 2024 194,280

12. RELATED PARTY DISCLOSURES

There was a 10% loan interest charge of £223 (£nil - 2023) for the loan from the Director.