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Company Registration No. 04312055 (England and Wales)
AJR Electrical Services Ltd Unaudited accounts for the year ended 31 October 2024
AJR Electrical Services Ltd Unaudited accounts Contents
Page
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AJR Electrical Services Ltd Company Information for the year ended 31 October 2024
Directors
R Green S Mohammed
Secretary
Rebecca Green
Company Number
04312055 (England and Wales)
Registered Office
1 ROUTECO BUSINESS PARK, BAKEWELL ROAD ORTON SOUTHGATE PETERBOROUGH PE2 6BW
Accountants
Eden Tax Consultancy Ltd Suite L3 South Fens Business Centre CHATTERIS Cambs Pe16 6TT
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AJR Electrical Services Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
151,564 
174,646 
Current assets
Inventories
28,185 
33,185 
Debtors
719,552 
705,812 
Cash at bank and in hand
1,836,864 
1,652,371 
2,584,601 
2,391,368 
Creditors: amounts falling due within one year
(236,148)
(469,078)
Net current assets
2,348,453 
1,922,290 
Total assets less current liabilities
2,500,017 
2,096,936 
Provisions for liabilities
Deferred tax
(6,553)
(8,771)
Net assets
2,493,464 
2,088,165 
Capital and reserves
Called up share capital
104 
104 
Profit and loss account
2,493,360 
2,088,061 
Shareholders' funds
2,493,464 
2,088,165 
For the year ending 31 October 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 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 31 March 2025 and were signed on its behalf by
R Green Director Company Registration No. 04312055
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AJR Electrical Services Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
AJR Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 04312055. The registered office is 1 ROUTECO BUSINESS PARK, BAKEWELL ROAD, ORTON SOUTHGATE, PETERBOROUGH, PE2 6BW.
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.
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:
Land & buildings
Over 50 years
Plant & machinery
Over 5 years
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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AJR Electrical Services Ltd Notes to the Accounts for the year ended 31 October 2024
Turnover
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.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
131,233 
244,499 
28,990 
404,722 
At 31 October 2024
131,233 
244,499 
28,990 
404,722 
Depreciation
At 1 November 2023
22,840 
201,438 
5,798 
230,076 
Charge for the year
2,930 
14,354 
5,798 
23,082 
At 31 October 2024
25,770 
215,792 
11,596 
253,158 
Net book value
At 31 October 2024
105,463 
28,707 
17,394 
151,564 
At 31 October 2023
108,393 
43,061 
23,192 
174,646 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
717,230 
142,898 
Accrued income and prepayments
- 
95,261 
Other debtors
2,322 
467,653 
719,552 
705,812 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
141,043 
139,106 
Trade creditors
97,379 
113,414 
Taxes and social security
175,698 
122,395 
Loans from directors
(177,972)
94,163 
236,148 
469,078 
7
Transactions with related parties
The directors and their connected parties received dividends of £86,615 (2023 £71,700 during the financial year.
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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