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Registered number: 11888624
Aje 1 Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
GA CORPORATE CONSULTING LIMITED
286 Moston Lane
Manchester
M40 9WB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11888624
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 54,509 -
Investments 6 - 46,216
Cash at bank and in hand 45,056 20,279
99,565 66,495
Creditors: Amounts Falling Due Within One Year 7 (37,014 ) (7,786 )
NET CURRENT ASSETS (LIABILITIES) 62,551 58,709
TOTAL ASSETS LESS CURRENT LIABILITIES 62,551 58,709
Creditors: Amounts Falling Due After More Than One Year 8 (27,157 ) (43,037 )
NET ASSETS 35,394 15,672
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 35,393 15,671
SHAREHOLDERS' FUNDS 35,394 15,672
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Stella Eyituoyor
Director
7th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Aje 1 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11888624 . The registered office is 19 New Street, Ashford, TN24 8TW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings Straight Line Basis - 20%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 3)
5 3
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2024 9,392
As at 31 March 2025 9,392
Depreciation
As at 1 April 2024 9,392
As at 31 March 2025 9,392
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
Page 2
Page 3
5. Stocks
2025 2024
£ £
Finished goods 54,509 -
6. Current Asset Investments
2025 2024
£ £
Unlisted investments - 46,216
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other taxes and social security 24,000 -
Other creditors 13,014 7,786
37,014 7,786
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 27,157 43,037
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2025 2024
£ £
Mrs Stella Eyituoyor 35,000 35,000
11. Ultimate Controlling Party
The company's ultimate controlling party is EYITUOYOR, Stella Misan by virtue of his ownership of 100% of the issued share capital in the company.
Page 3