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REGISTERED NUMBER: 04114191 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

AJK PROPERTIES LIMITED

AJK PROPERTIES LIMITED (REGISTERED NUMBER: 04114191)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AJK PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: A R Smith
Mrs G A Smith





SECRETARY: Mrs G A Smith





REGISTERED OFFICE: Verdemar House
230 Park View
Whitley Bay
Tyne and Wear
NE26 3QR





REGISTERED NUMBER: 04114191 (England and Wales)





ACCOUNTANTS: T. O'Sullivan Limited
Chartered Certified Accountants
230 Park View
Whitley Bay
Tyne and Wear
NE26 3QR

AJK PROPERTIES LIMITED (REGISTERED NUMBER: 04114191)

ABRIDGED BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52 61
Investment property 5 153,921 153,921
153,973 153,982

CURRENT ASSETS
Debtors 80 97
Cash at bank 2,085 5,434
2,165 5,531
CREDITORS
Amounts falling due within one year 53,290 51,009
NET CURRENT LIABILITIES (51,125 ) (45,478 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,848

108,504

CREDITORS
Amounts falling due after more than one
year

6

(54,000

)

(54,000

)

PROVISIONS FOR LIABILITIES 8 (1,900 ) (1,900 )
NET ASSETS 46,948 52,604

CAPITAL AND RESERVES
Called up share capital 9 200 200
Non distributable reserves 10,000 10,000
Retained earnings 36,748 42,404
SHAREHOLDERS' FUNDS 46,948 52,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

AJK PROPERTIES LIMITED (REGISTERED NUMBER: 04114191)

ABRIDGED BALANCE SHEET - continued
30 NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:





A R Smith - Director


AJK PROPERTIES LIMITED (REGISTERED NUMBER: 04114191)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

AJK Properties Limited 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. 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023
and 30 November 2024 3,521
DEPRECIATION
At 1 December 2023 3,460
Charge for year 9
At 30 November 2024 3,469
NET BOOK VALUE
At 30 November 2024 52
At 30 November 2023 61

AJK PROPERTIES LIMITED (REGISTERED NUMBER: 04114191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 153,921
NET BOOK VALUE
At 30 November 2024 153,921
At 30 November 2023 153,921

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable by instalments
Bank loan over 5 year 54,000 54,000

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 54,000 54,000

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,900 1,900

Deferred
tax
£   
Balance at 1 December 2023 1,900
Adjustment for period
Balance at 30 November 2024 1,900

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary £1 200 200