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Company Registration No. 14109177 (England and Wales)
AJ MILES LTD Unaudited accounts for the year ended 31 May 2024
AJ MILES LTD Unaudited accounts Contents
Page
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AJ MILES LTD Company Information for the year ended 31 May 2024
Director
PRINCE AMOAKO ADDO
Company Number
14109177 (England and Wales)
Registered Office
17 WALTER STREET DRAYCOTT DERBY DERBYSHIRE DE72 3NU UNITED KINGDOM
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AJ MILES LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,440 
2,000 
Current assets
Debtors
10,381 
12,545 
Cash at bank and in hand
1,596 
5,457 
11,977 
18,002 
Creditors: amounts falling due within one year
(11,646)
(17,619)
Net current assets
331 
383 
Net assets
4,771 
2,383 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,671 
2,283 
Shareholders' funds
4,771 
2,383 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 2 February 2025 and were signed on its behalf by
PRINCE AMOAKO ADDO Director Company Registration No. 14109177
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AJ MILES LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
AJ MILES LTD is a private company, limited by shares, registered in England and Wales, registration number 14109177. The registered office is 17 WALTER STREET, DRAYCOTT, DERBY, DERBYSHIRE, DE72 3NU, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
2,500 
Additions
3,675 
At 31 May 2024
6,175 
Depreciation
At 1 June 2023
500 
Charge for the year
1,235 
At 31 May 2024
1,735 
Net book value
At 31 May 2024
4,440 
At 31 May 2023
2,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
10,381 
12,545 
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AJ MILES LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
609 
548 
Other creditors
10,037 
10,348 
Loans from directors
- 
5,923 
Accruals
1,000 
800 
11,646 
17,619 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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