REGISTERED NUMBER: 04690640 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

A & J SINGH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Singh

REGISTERED OFFICE:

Sharoe Green Pharmacy

272 Sharoe Green Lane

Fulwood

Preston

Lancashire

PR2 9HD

REGISTERED NUMBER:

04690640 (England and Wales)

ACCOUNTANTS:

SBCA Chartered Accountants

17 Moor Park Avenue

Preston

Lancashire

PR1 6AS

FIXED ASSETS

Tangible assets

4

38,386

11,169

Investments

5

150

150

38,536

11,319

CURRENT ASSETS

Stocks

6

56,574

43,268

Debtors

7

375,245

288,180

Cash at bank and in hand

26,131

66,736

457,950

398,184

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

8

(353,938

)

(310,524

)

NET CURRENT ASSETS

104,012

87,660

TOTAL ASSETS LESS CURRENT LIABILITIES

142,548

98,979

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

9

-

(36,952

)

PROVISIONS FOR LIABILITIES

12

-

(1,678

)

NET ASSETS

142,548

60,349

CAPITAL AND RESERVES

Called up share capital

13

3,100

3,100

Retained earnings

14

139,448

57,249

SHAREHOLDERS' FUNDS

142,548

60,349

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

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

The director acknowledges his 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 20th November 2025 and were signed by:

A Singh - Director

1.	STATUTORY INFORMATION

A & J Singh 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.

Tangible fixed assets

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

Improvements to property

-

3% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Basic financial assets:

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future cash flows discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities:

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities:

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future cash flows discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if the payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 18 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st April 2024

-

-

48,696

Additions

28,500

2,239

1,272

Disposals

-

-

-

At 31st March 2025

28,500

2,239

49,968

DEPRECIATION

At 1st April 2024

-

-

42,150

Charge for year

577

187

1,873

Eliminated on disposal

-

-

-

At 31st March 2025

577

187

44,023

NET BOOK VALUE

At 31st March 2025

27,923

2,052

5,945

At 31st March 2024

-

-

6,546

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2024

3,150

8,278

60,124

Additions

-

690

32,701

Disposals

(3,150

)

(3,198

)

(6,348

)

At 31st March 2025

-

5,770

86,477

DEPRECIATION

At 1st April 2024

2,590

4,215

48,955

Charge for year

-

1,328

3,965

Eliminated on disposal

(2,590

)

(2,239

)

(4,829

)

At 31st March 2025

-

3,304

48,091

NET BOOK VALUE

At 31st March 2025

-

2,466

38,386

At 31st March 2024

560

4,063

11,169

5.	FIXED ASSET INVESTMENTS

Unlisted

investment

£

COST

At 1st April 2024

and 31st March 2025

150

NET BOOK VALUE

At 31st March 2025

150

At 31st March 2024

150

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

56,574

43,268

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

85,378

124,375

Other debtors

289,867

163,805

375,245

288,180

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

117,041

143,884

Amounts owed to group undertakings

182,036

84,829

Taxation and social security

4,592

-

Other creditors

50,269

81,811

353,938

310,524

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

-

36,952

10.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Other loans

31,539

58,514

Amounts falling due between one and two years:

Other loans - 1-2 years

-

36,952

11.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

3,523

2,516

Between one and five years

3,523

-

7,046

2,516

12.	PROVISIONS FOR LIABILITIES

31.3.24

£

Deferred tax

Accelerated Capital Allowances

1,820

Deferred tax asset

(142

)

1,678

Deferred

tax

£

Balance at 1st April 2024

1,678

Credit to Statement of Income and Retained Earnings during year

(129

)

Provided on loss

(12,126

)

Balance at 31st March 2025

(10,577

)

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary shares

£1

100

100

300,000

Type E shares

£0.01

3,000

3,000

3,100

3,100

14.

RESERVES

Retained

earnings

£

At 1st April 2024

57,249

Profit for the year

221,219

Dividends

(139,020

)

At 31st March 2025

139,448

15.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

A Singh

Balance outstanding at start of year

77,127

(65,576

)

Amounts advanced

129,831

230,261

Amounts repaid

(30,028

)

(87,558

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

176,930

77,127

The maximum balance the Directors Loan Account was overdrawn by during the year was £176,930. Interest has been charged at the HMRC approved interest rate and in line with HMRC rules. Amounts are repayable on demand.