Company Registration No. SC765086 (Scotland)
Aarjas Ltd
Unaudited accounts
for the period from 5 April 2023 to 30 April 2024
Aarjas Ltd
Unaudited accounts
Contents
Aarjas Ltd
Company Information
for the period from 5 April 2023 to 30 April 2024
Company Number
SC765086 (Scotland)
Registered Office
Doonfoot Stores,
96 Doonfoot Rd
Ayr
Ayrshire
KA7 4DP
Accountants
McBlain and Davis Ltd
Prestwick Business Centre
Skye Road
Prestwick
South Ayrshire
KA9 2TA
Aarjas Ltd
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
10,950
Creditors: amounts falling due within one year
(49,955)
Net current liabilities
(3,901)
Total assets less current liabilities
76,698
Creditors: amounts falling due after more than one year
(57,278)
Called up share capital
100
Profit and loss account
19,320
Shareholders' funds
19,420
For the period ending 30 April 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 4 April 2025 and were signed on its behalf by
Hapreet Singh
Director
Company Registration No. SC765086
Aarjas Ltd
Notes to the Accounts
for the period from 5 April 2023 to 30 April 2024
Aarjas Ltd is a private company, limited by shares, registered in Scotland, registration number SC765086. The registered office is Doonfoot Stores,, 96 Doonfoot Rd, Ayr, Ayrshire, KA7 4DP.
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.
"The financial projections provided are based on certain assumptions and estimates, which may or may not prove to be accurate. These projections are not intended to be a guarantee of future performance, and actual results may differ materially from those projected. We make no representation or warranty, express or implied, as to the accuracy or completeness of the information contained in these projections, and we disclaim any liability whatsoever for any loss or damage arising from reliance on these projections or their contents. This information is provided without acceptance by McBlain and Davis Ltd of any responsibility whatsoever, and any use you wish to make of the information, is therefore, entirely at your own risk
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% SL
Aarjas Ltd
Notes to the Accounts
for the period from 5 April 2023 to 30 April 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
41,886
5,632
47,518
At 30 April 2024
41,886
5,632
47,518
Charge for the period
8,377
1,126
9,503
At 30 April 2024
8,377
1,126
9,503
At 30 April 2024
33,509
4,506
38,015
Amounts falling due within one year
Accrued income and prepayments
877
7
Creditors: amounts falling due within one year
2024
Taxes and social security
4,638
Loans from directors
4,310
Aarjas Ltd
Notes to the Accounts
for the period from 5 April 2023 to 30 April 2024
8
Creditors: amounts falling due after more than one year
2024
9
Average number of employees
During the period the average number of employees was 6.