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REGISTERED NUMBER: 12422351 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

AJFS Holdings Ltd

AJFS Holdings Ltd (Registered number: 12422351)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

AJFS Holdings Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A D James
Mrs N L Stanley
A D T James
Miss S O James
J S Stanley





REGISTERED OFFICE: Brookhay Meadows
Brookhay Lane
Fradley
Lichfield
Staffordshire
WS13 8RL





REGISTERED NUMBER: 12422351 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

AJFS Holdings Ltd (Registered number: 12422351)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 546,177 473,281
Investments 5 100 100
546,277 473,381

CURRENT ASSETS
Debtors 6 7,003 116
Cash at bank 166 994
7,169 1,110
CREDITORS
Amounts falling due within one year 7 (463,002 ) (332,779 )
NET CURRENT LIABILITIES (455,833 ) (331,669 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,444

141,712

CREDITORS
Amounts falling due after more than one
year

8

(114,900

)

(76,841

)
NET (LIABILITIES)/ASSETS (24,456 ) 64,871

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (24,556 ) 64,771
SHAREHOLDERS' FUNDS (24,456 ) 64,871

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

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

The directors acknowledge their 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.

AJFS Holdings Ltd (Registered number: 12422351)

Balance Sheet - continued
31 December 2024


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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 May 2025 and were signed on its behalf by:





A D James - Director


AJFS Holdings Ltd (Registered number: 12422351)

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

1. STATUTORY INFORMATION

AJFS Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - not provided
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

AJFS Holdings Ltd (Registered number: 12422351)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 275,379 67,410 15,219
Additions 5,684 12,082 2,423
Disposals - (8,650 ) -
At 31 December 2024 281,063 70,842 17,642
DEPRECIATION
At 1 January 2024 - 16,519 2,864
Charge for year - 8,346 2,126
Eliminated on disposal - (1,010 ) -
At 31 December 2024 - 23,855 4,990
NET BOOK VALUE
At 31 December 2024 281,063 46,987 12,652
At 31 December 2023 275,379 50,891 12,355

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 142,500 8,408 508,916
Additions 163,484 807 184,480
Disposals (37,201 ) - (45,851 )
At 31 December 2024 268,783 9,215 647,545
DEPRECIATION
At 1 January 2024 12,687 3,565 35,635
Charge for year 61,399 1,665 73,536
Eliminated on disposal (6,793 ) - (7,803 )
At 31 December 2024 67,293 5,230 101,368
NET BOOK VALUE
At 31 December 2024 201,490 3,985 546,177
At 31 December 2023 129,813 4,843 473,281

AJFS Holdings Ltd (Registered number: 12422351)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2024 142,500
Additions 163,484
Disposals (37,201 )
At 31 December 2024 268,783
DEPRECIATION
At 1 January 2024 12,687
Eliminated on disposal (6,793 )
At 31 December 2024 5,894
NET BOOK VALUE
At 31 December 2024 262,889
At 31 December 2023 129,813

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 100
NET BOOK VALUE
At 31 December 2024 100
At 31 December 2023 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,003 116

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 24,387 15,386
Trade creditors 4,516 4,643
Amounts owed to group undertakings 392,383 296,672
Other creditors 41,716 16,078
463,002 332,779

AJFS Holdings Ltd (Registered number: 12422351)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 114,900 76,841

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

Allan James Financial Services Limited

Wholly owned subsidiary

20242023
££
Amount due to related party at the balance sheet date342,383296,672


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
AJFS Holdings Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AJFS Holdings Ltd for the year ended 31 December 2024 which comprise the Profit and loss account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of AJFS Holdings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AJFS Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of AJFS Holdings Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AJFS Holdings Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AJFS Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AJFS Holdings Ltd. You consider that AJFS Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AJFS Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


9 May 2025