Company Registration No. 13248809 (England and Wales)
AJH BUSINESS FINANCE LTD
Unaudited accounts
for the year ended 31 March 2025
AJH BUSINESS FINANCE LTD
Unaudited accounts
Contents
AJH BUSINESS FINANCE LTD
Company Information
for the year ended 31 March 2025
Directors
Alan Jeffrey Hunt
Ngoc Minh Hunt
Company Number
13248809 (England and Wales)
Registered Office
30 Church Hill
Leamington Spa
Warks
CV32 5AY
Accountants
AC Counts & Services Ltd
Office 42
Imex Business Centre, Oxleasow Road
Redditch
Worcestershire
B98 0RE
AJH BUSINESS FINANCE LTD
Statement of financial position
as at 31 March 2025
Tangible assets
14,905
15,437
Cash at bank and in hand
418,620
369,382
Creditors: amounts falling due within one year
(60,929)
(78,313)
Net current assets
448,930
353,557
Net assets
463,835
368,994
Called up share capital
10
10
Profit and loss account
463,825
368,984
Shareholders' funds
463,835
368,994
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by
Alan Jeffrey Hunt
Director
Company Registration No. 13248809
AJH BUSINESS FINANCE LTD
Notes to the Accounts
for the year ended 31 March 2025
AJH BUSINESS FINANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 13248809. The registered office is 30 Church Hill, Leamington Spa, Warks, CV32 5AY.
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 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.
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.
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:
Plant & machinery
20% Straight Line Method
Fixtures & fittings
20% Reducing Balance Method
Computer equipment
20% Straight Line Method
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
AJH BUSINESS FINANCE LTD
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
405
21,429
720
22,554
Additions
552
17,485
134
18,171
Disposals
-
(21,429)
-
(21,429)
At 31 March 2025
957
17,485
854
19,296
At 1 April 2024
243
6,586
288
7,117
Charge for the year
192
3,497
171
3,860
On disposals
-
(6,586)
-
(6,586)
At 31 March 2025
435
3,497
459
4,391
At 31 March 2025
522
13,988
395
14,905
At 31 March 2024
162
14,843
432
15,437
Amounts falling due within one year
Amounts falling due after more than one year
6
Investments held as current assets
2025
2024
Unlisted investments
90,819
26,777
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
60,247
76,914
Loans from directors
176
1
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).