A.J.B. Homes and Utilities Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07816423 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

A.J.B. Homes And Utilities Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTORS:

A Buchanan

Mrs K Buchanan

REGISTERED OFFICE:

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

REGISTERED NUMBER:

07816423 (England and Wales)

ACCOUNTANTS:

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

FIXED ASSETS

Tangible assets

4

182,526

127,112

CURRENT ASSETS

Stocks

5

289,088

857,162

Debtors

6

336,165

346,720

Cash at bank

608,267

4,241

1,233,520

1,208,123

CREDITORS

Amounts falling due within one year

7

185,728

199,416

NET CURRENT ASSETS

1,047,792

1,008,707

TOTAL ASSETS LESS CURRENT LIABILITIES

1,230,318

1,135,819

PROVISIONS FOR LIABILITIES

40,524

30,363

NET ASSETS

1,189,794

1,105,456

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

1,189,594

1,105,256

SHAREHOLDERS' FUNDS

1,189,794

1,105,456

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 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 3 December 2025 and were signed on its behalf by:

Mrs K Buchanan - Director

1.	STATUTORY INFORMATION

A.J.B. Homes And Utilities 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

There were no material departures from that standard.

This is the first year which the financial statements have been prepared under FRS102.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from the provision of building and construction services is recognised when legal title of the property has been transferred.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Plant & Machinery - 20% on reducing balance

Motor vehicles - 25% on reducing balance

Computer equipment - 33% on cost

Stocks & work in progress

Work in progress is valued at the most reasonable of either the cost or the estimated profit by reference to stage of completion.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

34,491

163,121

2,138

199,750

Additions

56,418

39,000

-

95,418

Disposals

-

(14,495

)

-

(14,495

)

At 31 March 2025

90,909

187,626

2,138

280,673

DEPRECIATION

At 1 April 2024

16,634

53,896

2,108

72,638

Charge for year

7,010

31,896

10

38,916

Eliminated on disposal

-

(13,407

)

-

(13,407

)

At 31 March 2025

23,644

72,385

2,118

98,147

NET BOOK VALUE

At 31 March 2025

67,265

115,241

20

182,526

At 31 March 2024

17,857

109,225

30

127,112

5.

STOCKS

31.3.25

31.3.24

£

Work-in-progress

289,088

857,162

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

23,165

3,000

Other debtors

132,798

133,158

Directors' current accounts

160,774

177,940

VAT

15,726

27,698

Prepayments

3,702

4,924

336,165

346,720

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

48,113

45,341

Amounts owed to associates

-

24,391

Tax

19,429

21,446

Social security and other taxes

2,032

(305

)

Other creditors

42,904

40,053

Accrued expenses

73,250

68,490

185,728

199,416

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

A Buchanan and Mrs K Buchanan

Balance outstanding at start of year

177,940

44,502

Amounts advanced

160,774

177,939

Amounts repaid

(177,940

)

(44,501

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

160,774

177,940

9.	RELATED PARTY DISCLOSURES

The amount outstanding at the year-end from Mr A Buchanan was £80,387 (2024 - £88,970).

The amount outstanding at the year-end from Mrs K Buchanan was £80,387 (2024 - £88,970).

The amount outstanding at the year-end from AJB New Homes Limited a company in which director Mr A Buchanan is a director and shareholder of was £42,904 (2024 - £35,053)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A.J.B. Homes And Utilities Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes 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 Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A.J.B. Homes And Utilities Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A.J.B. Homes And Utilities Limited and state those matters that we have agreed to state to the Board of Directors of A.J.B. Homes And Utilities Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A.J.B. Homes And Utilities Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A.J.B. Homes And Utilities Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A.J.B. Homes And Utilities Limited. You consider that A.J.B. Homes And Utilities Limited 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 financial statements of A.J.B. Homes And Utilities Limited. 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 financial statements.

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

3 December 2025