Registration number:
AJB Electrical Contracting Ltd
for the Year Ended 31 December 2024
AJB Electrical Contracting Ltd
Contents
|
Company Information |
|
|
Accountants' Report |
|
|
Balance Sheet |
|
|
Notes to the Unaudited Financial Statements |
AJB Electrical Contracting Ltd
Company Information
|
Director |
Mr Adam Bergin |
|
Registered office |
|
|
Accountants |
|
Chartered Management Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
AJB Electrical Contracting Ltd
for the Year Ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AJB Electrical Contracting Ltd for the year ended 31 December 2024 as set out on pages 3 to 4 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 Management Accountants in England and Wales (CIMA) , we are subject to its ethical and other professional requirements which are detailed at
http://www.cimaglobal.com
This report is made solely to the Board of Directors of AJB Electrical Contracting Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of AJB Electrical Contracting Ltd and state those matters that we have agreed to state to the Board of Directors of AJB Electrical Contracting Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AJB Electrical Contracting Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AJB Electrical Contracting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AJB Electrical Contracting Ltd. You consider that AJB Electrical Contracting Ltd 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 accounts of AJB Electrical Contracting Ltd. 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 accounts.
......................................
Chartered Institute of Management Accountants
Chartered Institute of Management Accountants
Alderney Court
Reading
Berks
RG1 4JW
AJB Electrical Contracting Ltd
(Registration number: 07780075)
Balance Sheet as at 31 December 2024
|
2024 |
2023 |
|
|
Fixed assets |
|
|
|
Current assets |
|
|
|
Creditors: Amounts falling due within one year |
( |
( |
|
Net current assets |
|
|
|
Total assets less current liabilities |
|
|
|
Accruals and deferred income |
( |
( |
|
|
|
|
|
Capital and reserves |
|
|
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
|
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
|
Dividends |
|
|
|
2024 |
2023 |
|||
|
Mr Adam Bergin |
||||
|
Interim and Final Dividend |
37,700 |
37,700 |
||
AJB Electrical Contracting Ltd
(Registration number: 07780075)
Balance Sheet as at 31 December 2024
For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
|
......................................... |
AJB Electrical Contracting Ltd
Detailed Profit and Loss Account for the Year Ended 31 December 2024
|
2024 |
2023 |
|
|
Turnover (analysed below) |
77,641 |
118,901 |
|
Cost of sales (analysed below) |
(30,968) |
(54,898) |
|
Gross profit |
46,673 |
64,003 |
|
Gross profit (%) |
60.11% |
53.83% |
|
Administrative expenses |
||
|
Employment costs (analysed below) |
(12,615) |
(13,074) |
|
Establishment costs (analysed below) |
(3,752) |
(1,203) |
|
General administrative expenses (analysed below) |
(8,039) |
(7,320) |
|
Finance charges (analysed below) |
(98) |
- |
|
Depreciation costs (analysed below) |
(2,279) |
(2,279) |
|
(26,783) |
(23,876) |
|
|
Operating profit |
19,890 |
40,127 |
|
Profit before tax |
19,890 |
40,127 |
AJB Electrical Contracting Ltd
Detailed Profit and Loss Account for the Year Ended 31 December 2024
|
2024 |
2023 |
|
Turnover |
||
|
Sale of goods, UK |
77,641 |
118,901 |
|
Cost of sales |
||
|
Purchases |
(28,048) |
(52,868) |
|
Subcontract cost |
(2,290) |
(1,360) |
|
Consumable tools |
(496) |
(670) |
|
Repairs and maintenance |
(134) |
- |
|
(30,968) |
(54,898) |
|
Employment costs |
||
|
Directors remuneration |
(12,570) |
(12,570) |
|
Directors NIC (Employers) |
(45) |
(504) |
|
(12,615) |
(13,074) |
|
Establishment costs |
||
|
Rent |
(2,220) |
- |
|
Insurance |
(1,220) |
(891) |
|
Use of home as office |
(312) |
(312) |
|
(3,752) |
(1,203) |
|
General administrative expenses |
||
|
Telephone and fax |
(1,691) |
(1,524) |
|
Computer software and maintenance costs |
(224) |
(239) |
|
Printing, postage and stationery |
(208) |
- |
|
Trade subscriptions |
(593) |
- |
|
Sundry expenses |
(235) |
(650) |
|
Motor expenses |
(2,945) |
(2,576) |
|
Advertising |
(415) |
(550) |
|
Accountancy fees |
(1,728) |
(1,781) |
|
(8,039) |
(7,320) |
|
Finance charges |
||
|
Bank charges |
(98) |
- |
|
Depreciation costs |
||
|
Depreciation of plant and machinery (owned) |
(117) |
(117) |
|
Depreciation of fixtures and fittings (owned) |
(85) |
(85) |
|
Depreciation of motor vehicles (owned) |
(2,077) |
(2,077) |
|
(2,279) |
(2,279) |