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REGISTERED NUMBER: 07319239 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Ajit Ltd

Ajit Ltd (Registered number: 07319239)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ajit Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: R Treschi





REGISTERED OFFICE: Ground Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP





REGISTERED NUMBER: 07319239 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Ajit Ltd (Registered number: 07319239)

Balance Sheet
31 July 2024

31/7/24 31/7/23
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 165 17
165 17

CURRENT ASSETS
Debtors 7 413,755 373,559
Cash at bank 47,639 82,523
461,394 456,082
CREDITORS
Amounts falling due within one year 8 96,794 94,857
NET CURRENT ASSETS 364,600 361,225
TOTAL ASSETS LESS CURRENT
LIABILITIES

364,765

361,242

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 364,764 361,241
SHAREHOLDERS' FUNDS 364,765 361,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 April 2025 and were signed by:





R Treschi - Director


Ajit Ltd (Registered number: 07319239)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Ajit Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Patents and licences
Patents and licences are written off over the estimated useful economic life of 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Ajit Ltd (Registered number: 07319239)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 32 ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2023
and 31 July 2024 34,663
AMORTISATION
At 1 August 2023
and 31 July 2024 34,663
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 7,495
Additions 184
At 31 July 2024 7,679
DEPRECIATION
At 1 August 2023 7,478
Charge for year 36
At 31 July 2024 7,514
NET BOOK VALUE
At 31 July 2024 165
At 31 July 2023 17

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade debtors 30,894 5,537
Amounts owed by group undertakings 286,715 285,355
Other debtors 96,146 82,667
413,755 373,559

Ajit Ltd (Registered number: 07319239)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade creditors 14,069 5,063
Taxation and social security 32,224 42,020
Other creditors 50,501 47,774
96,794 94,857

9. CONTROLLING PARTY

The controlling party is RT (Stevenage) Management Services Limited.

The ultimate controlling party is R Treschi.