Registration number: 09795570

Ajusa UK Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 7

Ajusa UK Limited

Company Information

Director

J M G Murcia

Registered office

Unit 25 Hortonwood 33 Telford Shropshire TF1 7EX

Auditors

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Ajusa UK Limited

(Registration number: 09795570)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	5,037	6,116
Current assets
Stocks	5	379,345	223,353
Debtors	6	154,029	153,163
Cash at bank and in hand		33,437	44,829
		566,811	421,345
Creditors: Amounts falling due within one year	7	(396,056)	(316,920)
Net current assets		170,755	104,425
Net assets		175,792	110,541
Capital and reserves
Called up share capital	8	450,000	450,000
Retained earnings		(274,208)	(339,459)
Shareholders' funds		175,792	110,541

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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 director on 26 September 2025
 

J M G Murcia Director

J M G Murcia Director

Ajusa UK Limited

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

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 25
Hortonwood 33
Telford
Shropshire
TF1 7EX
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

In the opinion of the director, continued financial support from group companies will be available such that the company will continue to trade and satisfy its financial commitments.

On the basis of this opinion the financial statements have been prepared on the going concern basis, if, for whatever reason, the necessary financial support is not forthcoming then the basis may be inappropriate.

Audit report

The Independent Auditors' Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 26 September 2025 was Louise Osselton FCA, who signed for and on behalf of CBSL Accountants Limited.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Ajusa UK Limited

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

Foreign currency transactions and balances

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Warehouse equipment	25% straight line
Office equipment	25% straight line
ERP software	33% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2023 - 4).

Ajusa UK Limited

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

4	Tangible assets

	Furniture, fittings and equipment  £	Warehouse equipment £	Total £
Cost or valuation
At 1 January 2024	15,583	16,424	32,007
Additions	1,126	-	1,126
At 31 December 2024	16,709	16,424	33,133
Depreciation
At 1 January 2024	14,545	11,346	25,891
Charge for the year	580	1,625	2,205
At 31 December 2024	15,125	12,971	28,096
Carrying amount
At 31 December 2024	1,584	3,453	5,037
At 31 December 2023	1,038	5,078	6,116

5

Stocks

	2024 £	2023 £
Goods in transit	27,112	5,531
Other inventories	352,233	217,822
	379,345	223,353

Ajusa UK Limited

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

6

Debtors

Current	2024 £	2023 £
Trade debtors	129,173	134,570
Prepayments	13,532	7,268
Other debtors	11,324	11,325
	154,029	153,163

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Trade creditors		4,658	5,451
Amounts owed to group undertakings and undertakings in which the company has a participating interest	10	326,762	256,161
Taxation and social security		47,289	49,449
Accruals and deferred income		17,035	5,581
Other creditors		312	278
		396,056	316,920

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £50 each	9,000	450,000	9,000	450,000

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £150,755 (2023 - £169,405).

Ajusa UK Limited

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

10	Related party transactions

During the period the company made purchases from Auto-Juntas S.A.U. totalling £644,540 (2023 - £494,013). At the period end monies due to Auto-Juntas S.A.U. totalled £326,762 (2023 - £256,161), which is included in creditors falling due within one year.

11	Parent and ultimate parent undertaking

The company's immediate parent is Auto-Juntas S.A.U, incorporated in Spain.

 The ultimate parent is Corporacion HMS Hermasan S.L, incorporated in Spain.