1 February 2024 false No description of principal activity Taxfiler 2024.6 8844329business:PrivateLimitedCompanyLtd2024-02-012025-01-31 88443292024-01-31 88443292024-02-012025-01-31 8844329business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 8844329business:FilletedAccounts2024-02-012025-01-31 88443292025-01-31 8844329business:Director12024-02-012025-01-31 8844329business:RegisteredOffice2024-02-012025-01-31 88443292024-01-31 8844329core:WithinOneYear2025-01-31 8844329core:WithinOneYear2024-01-31 8844329core:AfterOneYear2025-01-31 8844329core:AfterOneYear2024-01-31 8844329core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 8844329core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 8844329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 8844329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 8844329core:PreviouslyStatedAmount2025-01-31 8844329core:PreviouslyStatedAmount2024-01-31 8844329business:SmallEntities2024-02-012025-01-31 8844329countries:EnglandWales2024-02-012025-01-31 8844329core:MotorVehicles2024-02-012025-01-31 8844329core:FurnitureFittings2024-02-012025-01-31 8844329core:ComputerEquipment2024-02-012025-01-31 8844329core:MotorVehicles2024-01-31 8844329core:FurnitureFittings2024-01-31 8844329core:ComputerEquipment2024-01-31 8844329core:MotorVehicles2025-01-31 8844329core:FurnitureFittings2025-01-31 8844329core:ComputerEquipment2025-01-31 88443292023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 8844329 (England and Wales)
A J & MICHAELS LIMITED Unaudited accounts for the year ended 31 January 2025
A J & MICHAELS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
A J & MICHAELS LIMITED Company Information for the year ended 31 January 2025
Director
Ikechi Micheal Ajoku
Company Number
8844329 (England and Wales)
Registered Office
7 SCHOOL END CRESCENT HEMEL HEMPSTEAD HERTFORDSHIRE HP1 2DZ UNITED KINGDOM
Accountants
Faxon Consulting Ltd 85 Great Portland Street London W1W 7LT
- 3 -
A J & MICHAELS LIMITED Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
42,635 
24,515 
Current assets
Debtors
5
46,460 
41,857 
Cash at bank and in hand
54,004 
78,817 
100,464 
120,674 
Creditors: amounts falling due within one year
6
(26,212)
(51,958)
Net current assets
74,252 
68,716 
Total assets less current liabilities
116,887 
93,231 
Creditors: amounts falling due after more than one year
7
(34,828)
(43,021)
Net assets
82,059 
50,210 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
82,058 
50,209 
Shareholders' funds
82,059 
50,210 
For the year ending 31 January 2025 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 director acknowledges his 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 and authorised for issue on 1 June 2025 and were signed on its behalf by
Ikechi Micheal Ajoku Director Company Registration No. 8844329
- 4 -
A J & MICHAELS LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
A J & MICHAELS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8844329. The registered office is 7 SCHOOL END CRESCENT, HEMEL HEMPSTEAD, HERTFORDSHIRE, HP1 2DZ, UNITED KINGDOM.
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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
44,536 
6,624 
9,411 
60,571 
Additions
18,120 
- 
- 
18,120 
At 31 January 2025
62,656 
6,624 
9,411 
78,691 
Depreciation
At 1 February 2024
24,250 
2,609 
9,197 
36,056 
At 31 January 2025
24,250 
2,609 
9,197 
36,056 
Net book value
At 31 January 2025
38,406 
4,015 
214 
42,635 
At 31 January 2024
20,286 
4,015 
214 
24,515 
- 5 -
A J & MICHAELS LIMITED Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
43,960 
38,142 
Accrued income and prepayments
2,500 
- 
Other debtors
- 
3,715 
46,460 
41,857 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
20,640 
Taxes and social security
20,792 
25,899 
Other creditors
4,454 
4,453 
Accruals
966 
966 
26,212 
51,958 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
7,740 
12,406 
Obligations under finance leases and hire purchase contracts
27,088 
30,615 
34,828 
43,021 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -