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REGISTERED NUMBER: 10907021 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 August 2024

for

AJ Floor Sanding & Sealing Ltd

AJ Floor Sanding & Sealing Ltd (Registered number: 10907021)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AJ Floor Sanding & Sealing Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: M Jacob
A Jacob





REGISTERED OFFICE: Unit 1 The Enterprise Centre
Keytec 7 Business Park
Pershore
Worcestershire
WR10 2TA





REGISTERED NUMBER: 10907021 (England and Wales)





ACCOUNTANTS: Turl and Co Limited
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB

AJ Floor Sanding & Sealing Ltd (Registered number: 10907021)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 33,882 6,791

CURRENT ASSETS
Debtors 5 74,267 39,564
Cash at bank and in hand 553 271
74,820 39,835
CREDITORS
Amounts falling due within one year 6 (58,068 ) (43,340 )
NET CURRENT ASSETS/(LIABILITIES) 16,752 (3,505 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,634

3,286

CREDITORS
Amounts falling due after more than one
year

7

(28,569

)

-
NET ASSETS 22,065 3,286

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 21,965 3,186
22,065 3,286

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

AJ Floor Sanding & Sealing Ltd (Registered number: 10907021)

Balance Sheet - continued
31 August 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 Income Statement 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:




M Jacob - Director



A Jacob - Director


AJ Floor Sanding & Sealing Ltd (Registered number: 10907021)

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

1. STATUTORY INFORMATION

AJ Floor Sanding & Sealing 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.

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
Turnover 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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

AJ Floor Sanding & Sealing Ltd (Registered number: 10907021)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2023 8,459 7,500 15,959
Additions 2,613 31,687 34,300
Disposals - (7,500 ) (7,500 )
At 31 August 2024 11,072 31,687 42,759
DEPRECIATION
At 1 September 2023 4,126 5,042 9,168
Charge for year 989 4,090 5,079
Eliminated on disposal - (5,370 ) (5,370 )
At 31 August 2024 5,115 3,762 8,877
NET BOOK VALUE
At 31 August 2024 5,957 27,925 33,882
At 31 August 2023 4,333 2,458 6,791

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 67,943 38,686
Other debtors 6,324 878
74,267 39,564

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,895 -
Hire purchase contracts 6,468 437
Trade creditors 44,617 17,114
Tax 6,363 11,663
Social security and other taxes (32,828 ) (25,844 )
VAT 3,658 839
Credit card 11,236 17,398
Directors' loan accounts 6,719 20,793
Accrued expenses 940 940
58,068 43,340

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 28,569 -