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Company Registration No. 06653722 (England and Wales)
AJAGS INTERNATIONAL LIMITED Unaudited accounts for the year ended 31 July 2024
AJAGS INTERNATIONAL LIMITED Unaudited accounts Contents
Page
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AJAGS INTERNATIONAL LIMITED Company Information for the year ended 31 July 2024
Director
MR MAYOWA AJAGUNNA
Company Number
06653722 (England and Wales)
Registered Office
82a James Carter Road Mildenhall Suffolk IP28 7DE
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AJAGS INTERNATIONAL LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
201 
252 
Current assets
Debtors
83,307 
83,307 
Cash at bank and in hand
181,149 
195,898 
264,456 
279,205 
Creditors: amounts falling due within one year
(63,210)
(82,567)
Net current assets
201,246 
196,638 
Net assets
201,447 
196,890 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
201,446 
196,889 
Shareholders' funds
201,447 
196,890 
For the year ending 31 July 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 18 November 2024 and were signed on its behalf by
MR MAYOWA AJAGUNNA Director Company Registration No. 06653722
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AJAGS INTERNATIONAL LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
AJAGS INTERNATIONAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06653722. The registered office is 82a James Carter Road, Mildenhall, Suffolk, IP28 7DE.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Fixtures & Fitting: 20% - Reducing Balance Basis
Computer equipment
Equipment: 20% - Reducing Balance Basis
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
1,217 
2,510 
3,727 
At 31 July 2024
1,217 
2,510 
3,727 
Depreciation
At 1 August 2023
1,144 
2,331 
3,475 
Charge for the year
15 
36 
51 
At 31 July 2024
1,159 
2,367 
3,526 
Net book value
At 31 July 2024
58 
143 
201 
At 31 July 2023
73 
179 
252 
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AJAGS INTERNATIONAL LIMITED Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
83,307 
83,307 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,000 
4,000 
Taxes and social security
2,870 
33,567 
Other creditors
59,340 
45,000 
63,210 
82,567 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Transactions with related parties
Other Debtors Other debtors of £83,307 is a loan to Landmark Settings Ltd. The Director of Landmark Settings Ltd is the Director of Ajags International Limited.
9
Controlling party
The controlling party is: MR MAYOWA AJAGUNNA MR MAYOWA AJAGUNNA owns 100% of the issued ordinary share capital of the company.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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