REGISTERED NUMBER: 11066729 (England and Wales)

Financial Statements for the Year Ended 31 October 2024

for

AJH Business (UK) Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Guraman Singh Gora

Mr Jarnail Jorawar Gora

REGISTERED OFFICE:

26 High Street

Brockmoor

Brierley Hill

West Midlands

DY5 3JA

REGISTERED NUMBER:

11066729 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Property, plant and equipment

4

4,438,834

3,722,889

CURRENT ASSETS

Debtors

5

1,477,916

1,442,581

Cash at bank and in hand

22,812

14,069

1,500,728

1,456,650

CREDITORS

Amounts falling due within one year

6

45,564

29,084

NET CURRENT ASSETS

1,455,164

1,427,566

TOTAL ASSETS LESS CURRENT LIABILITIES

5,893,998

5,150,455

CREDITORS

Amounts falling due after more than one year

7

(4,645,467

)

(4,030,043

)

PROVISIONS FOR LIABILITIES

(137,750

)

(137,750

)

NET ASSETS

1,110,781

982,662

CAPITAL AND RESERVES

Called up share capital

8

3

3

Revaluation reserve

9

725,000

725,000

Retained earnings

385,778

257,659

SHAREHOLDERS' FUNDS

1,110,781

982,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

Mr Guraman Singh Gora - Director

1.	STATUTORY INFORMATION

AJH Business (UK) Ltd 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

15% on reducing balance

Taxation

current 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

Deferred tax is recognised in respect of all timing differences which are differences between taxable profits and total comprehensive income that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements, except that:

- unrelieved tax losses and other deferred tax assets are recognised only to the extent that the directors consider that it probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2023

3,688,950

47,570

3,736,520

Additions

951,356

2,019

953,375

Disposals

(232,036

)

-

(232,036

)

At 31 October 2024

4,408,270

49,589

4,457,859

DEPRECIATION

At 1 November 2023

-

13,631

13,631

Charge for year

-

5,394

5,394

At 31 October 2024

-

19,025

19,025

NET BOOK VALUE

At 31 October 2024

4,408,270

30,564

4,438,834

At 31 October 2023

3,688,950

33,939

3,722,889

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Other debtors

1,477,916

1,442,581

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Taxation and social security

43,831

27,351

Other creditors

1,733

1,733

45,564

29,084

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.10.23

£

£

Bank loans

2,209,121

1,675,372

Hire purchase contracts

26,044

34,961

Other creditors

2,410,302

2,319,710

4,645,467

4,030,043

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.24

31.10.23

value:

£

£

3

Ordinary

£1

3

3

9.

RESERVES

Revaluation

reserve

£

At 1 November 2023

and 31 October 2024

725,000