1 March 2024 false No description of principal activity Taxfiler 2024.6 SC721732business:PrivateLimitedCompanyLtd2024-03-012025-02-28 SC7217322024-02-29 SC7217322024-03-012025-02-28 SC721732business:AuditExemptWithAccountantsReport2024-03-012025-02-28 SC721732business:FilletedAccounts2024-03-012025-02-28 SC7217322025-02-28 SC721732business:Director12024-03-012025-02-28 SC721732business:RegisteredOffice2024-03-012025-02-28 SC7217322024-02-29 SC721732core:WithinOneYear2025-02-28 SC721732core:WithinOneYear2024-02-29 SC721732core:AfterOneYear2025-02-28 SC721732core:AfterOneYear2024-02-29 SC721732core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 SC721732core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC721732core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 SC721732core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC721732core:PreviouslyStatedAmount2025-02-28 SC721732core:PreviouslyStatedAmount2024-02-29 SC721732business:SmallEntities2024-03-012025-02-28 SC721732countries:Scotland2024-03-012025-02-28 SC721732core:PlantMachinery2024-03-012025-02-28 SC721732core:MotorVehicles2024-03-012025-02-28 SC721732core:ComputerEquipment2024-03-012025-02-28 SC721732core:PlantMachinery2024-02-29 SC721732core:MotorVehicles2024-02-29 SC721732core:FurnitureFittings2024-02-29 SC721732core:ComputerEquipment2024-02-29 SC721732core:FurnitureFittings2024-03-012025-02-28 SC721732core:PlantMachinery2025-02-28 SC721732core:MotorVehicles2025-02-28 SC721732core:FurnitureFittings2025-02-28 SC721732core:ComputerEquipment2025-02-28 SC721732business:Director112024-03-012025-02-28 SC721732business:Director112024-02-29 SC721732business:Director112025-02-28 SC7217322023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. SC721732 (Scotland)
AJF Joinery Ltd Unaudited accounts for the year ended 28 February 2025
AJF Joinery Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
AJF Joinery Ltd Company Information for the year ended 28 February 2025
Director
Andrew Fraser
Company Number
SC721732 (Scotland)
Registered Office
5 FAIRWAYS AVENUE MUIR OF ORD IV6 7PZ SCOTLAND
Accountants
Kerry Mackinnon Signature Accounting Solutions Ltd 93 Suilven Way Inverness Highland IV3 8PE
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AJF Joinery Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
46,220 
55,639 
Current assets
Debtors
5
11,733 
19,236 
Cash at bank and in hand
15,466 
63,880 
27,199 
83,116 
Creditors: amounts falling due within one year
6
(16,117)
(34,269)
Net current assets
11,082 
48,847 
Total assets less current liabilities
57,302 
104,486 
Creditors: amounts falling due after more than one year
7
(24,130)
(30,596)
Net assets
33,172 
73,890 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
33,171 
73,889 
Shareholders' funds
33,172 
73,890 
For the year ending 28 February 2025 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 28 February 2025 and were signed on its behalf by
Andrew Fraser Director Company Registration No. SC721732
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AJF Joinery Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
AJF Joinery Ltd is a private company, limited by shares, registered in Scotland, registration number SC721732. The registered office is 5 FAIRWAYS AVENUE, MUIR OF ORD, IV6 7PZ, SCOTLAND.
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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
25% Straight Line
Motor vehicles
33% Straight Line
Computer equipment
25% Straight Line
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
- 5 -
AJF Joinery Ltd Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2024
22,204 
58,231 
- 
1,666 
82,101 
Additions
3,702 
22,257 
1,061 
478 
27,498 
Disposals
- 
(9,745)
- 
- 
(9,745)
At 28 February 2025
25,906 
70,743 
1,061 
2,144 
99,854 
Depreciation
At 1 March 2024
2,534 
23,454 
- 
474 
26,462 
Charge for the year
6,477 
23,734 
106 
300 
30,617 
Surplus on revaluation
- 
(229)
- 
- 
(229)
On disposals
- 
(3,216)
- 
- 
(3,216)
At 28 February 2025
9,011 
43,743 
106 
774 
53,634 
Net book value
At 28 February 2025
16,895 
27,000 
955 
1,370 
46,220 
At 29 February 2024
19,670 
34,777 
- 
1,192 
55,639 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
799 
15,794 
Other debtors
10,934 
3,442 
11,733 
19,236 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
7,334 
7,334 
VAT
(318)
(9,697)
Obligations under finance leases and hire purchase contracts
7,794 
10,156 
Taxes and social security
(465)
6,963 
Other creditors
- 
1,798 
Loans from directors
1,247 
17,190 
Accruals
525 
525 
16,117 
34,269 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
24,130 
30,596 
- 6 -
AJF Joinery Ltd Notes to the Accounts for the year ended 28 February 2025
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Andrew Fraser
Director Capital Contribution
28,673 
- 
- 
28,673 
28,673 
- 
- 
28,673 
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
- 7 -