REGISTERED NUMBER: 11216729 (England and Wales)

AJI FINANCIAL PLANNING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs A Joshi

REGISTERED OFFICE:

Pinnacle House

1 Pinnacle Way

Derby

Derbyshire

DE24 8ZS

REGISTERED NUMBER:

11216729 (England and Wales)

ACCOUNTANTS:

Duncan and Toplis Limited

Pinnacle House

1 Pinnacle Way,

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Intangible assets

4

103,905

97,830

Tangible assets

5

1,652

704

105,557

98,534

CURRENT ASSETS

Debtors

6

87,436

58,745

Cash at bank

4,102

227

91,538

58,972

CREDITORS

Amounts falling due within one year

7

129,739

129,238

NET CURRENT LIABILITIES

(38,201

)

(70,266

)

TOTAL ASSETS LESS CURRENT LIABILITIES

67,356

28,268

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

67,256

28,168

SHAREHOLDERS' FUNDS

67,356

28,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2025 and were signed by:

Mrs A Joshi - Director

1.	STATUTORY INFORMATION

AJI Financial Planning Limited 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.

Goodwill

Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - ten years

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Taxation

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

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 2 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

108,700

Additions

18,828

At 31 March 2025

127,528

AMORTISATION

At 1 April 2024

10,870

Charge for year

12,753

At 31 March 2025

23,623

NET BOOK VALUE

At 31 March 2025

103,905

At 31 March 2024

97,830

Goodwill arose on the purchase of client business from St James Place.

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2024

1,278

Additions

1,499

At 31 March 2025

2,777

DEPRECIATION

At 1 April 2024

574

Charge for year

551

At 31 March 2025

1,125

NET BOOK VALUE

At 31 March 2025

1,652

At 31 March 2024

704

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

75,045

58,745

Directors' current accounts

12,391

-

87,436

58,745

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

1,118

2,225

Trade creditors

654

1,469

Tax

17,274

9,420

Social security and other taxes

523

4,814

Other creditors

108,700

108,758

Directors' current accounts

-

1,136

Accruals and deferred income

1,470

1,416

129,739

129,238

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs A Joshi

Balance outstanding at start of year

(1,136

)

(11,424

)

Amounts advanced

47,732

28,392

Amounts repaid

(34,205

)

(18,104

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,391

(1,136

)

The director's loan account was repaid within nine months of the year end.

Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25%.