A J Senior Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04697331

A J Senior Limited

Filleted Unaudited Financial Statements

31 March 2025

A J Senior Limited

Financial Statements

Year ended 31 March 2025

Contents	Pages

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 7

A J Senior Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of A J Senior Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A J Senior Limited for the year ended 31 March 2025, which comprise the statement of financial position 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 at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of A J Senior Limited, as a body, in accordance with the terms of our engagement letter dated 27 July 2021. Our work has been undertaken solely to prepare for your approval the financial statements of A J Senior Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A J Senior Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A J Senior Limited 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 A J Senior Limited. You consider that A J Senior Limited 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 A J Senior Limited. 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.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

8 September 2025

A J Senior Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	2,831,001	2,750,855
Fixed Asset Investments	6	939,591	–
		------------	------------
		3,770,592	2,750,855

Current assets

Debtors	7	72,847	27,477
Cash at bank and in hand		87,755	1,132,541
		---------	------------
		160,602	1,160,018

Creditors: amounts falling due within one year	8	45,858	186,571
		---------	------------
Net current assets		114,744	973,447
		------------	------------
Total assets less current liabilities		3,885,336	3,724,302

Creditors: amounts falling due after more than one year	9	67,741	–

Provisions

Taxation including deferred tax	201,062	185,041
	------------	------------
Net assets	3,616,533	3,539,261
	------------	------------

A J Senior Limited

Statement of Financial Position (continued)

31 March 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	102	102
Non distributable fair value reserve	989,179	995,924
Other reserves	695,568	695,568
Profit and loss account	1,931,684	1,847,667
	------------	------------
Shareholders funds	3,616,533	3,539,261
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 7 September 2025 , and are signed on behalf of the board by:

Mr P J W Senior
Director

Company registration number: 04697331

A J Senior Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/o Hebblethwaites, 2 Westbrook Court, Sharrow Vale Road, Sheffield, S11 8YZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents the amount receivable in respect of rental income for the year, exclusive of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	20% reducing balance
Office equipment	-	`3 year straight line`

Investment property is included at fair value and not depreciated. Any revaluation movement is recognised in the income statement and deferred tax is provided on these gains using tax rates enacted at the end of the accounting period.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments

Listed investments in shares included at fair value with any changes being recognised in profit or loss.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Investment property	Motor vehicles	Office equipment	Total
	£	£	£	£
Cost
At 1 April 2024	2,750,000	–	1,810	2,751,810
Additions	–	83,990	1,031	85,021
	------------	--------	-------	------------
At 31 March 2025	2,750,000	83,990	2,841	2,836,831
	------------	--------	-------	------------
Depreciation
At 1 April 2024	–	–	955	955
Charge for the year	–	4,200	675	4,875
	------------	--------	-------	------------
At 31 March 2025	–	4,200	1,630	5,830
	------------	--------	-------	------------
Carrying amount
At 31 March 2025	2,750,000	79,790	1,211	2,831,001
	------------	--------	-------	------------
At 31 March 2024	2,750,000	–	855	2,750,855
	------------	--------	-------	------------

The investment property with a historic cost of £1,591,686 was professionally revalued in October 2018 to £2,750,000 on an open market basis. The directors consider this to be a fair approximation of the open market value at 31 March 2025.

6. Fixed asset investments

	Listed investments
	£
Cost
At 1 April 2024	–
Additions	952,458
Disposals	( 3,873)
Revaluations	( 8,994)
	---------
At 31 March 2025	939,591
	---------
Impairment
At 1 April 2024 and 31 March 2025	–
	---------

Carrying amount
At 31 March 2025	939,591
	---------
At 31 March 2024	–
	---------

The listed investments with a historic cost of £948,585 was revalued at fair value at the period end date to £939,591. The fair value of the listed investments is based on quoted prices at 31 March 2025.

7. Debtors

	2025	2024
	£	£
Other debtors	72,847	27,477
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,090	1,734
Corporation tax	4,600	169,500
Social security and other taxes	10,312	7,844
Other creditors	29,856	7,493
	--------	---------
	45,858	186,571
	--------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	67,741	–
	--------	----