Company Registration No. SC551674 (Scotland)
Ajacs Cleaners Limited
Unaudited accounts
for the year ended 31 December 2024
Ajacs Cleaners Limited
Unaudited accounts
Contents
Ajacs Cleaners Limited
Company Information
for the year ended 31 December 2024
Directors
Andrea Jackson
Joanne McDermott
Company Number
SC551674 (Scotland)
Registered Office
C/O 59 Dalshannon Road
Cumbernauld
Glasgow
G67 4DB
United Kingdom
Ajacs Cleaners Limited
Statement of financial position
as at 31 December 2024
Tangible assets
116,908
21,985
Cash at bank and in hand
34,168
43,285
Creditors: amounts falling due within one year
(101,748)
(59,491)
Net current assets
152,627
300,656
Total assets less current liabilities
269,535
322,641
Creditors: amounts falling due after more than one year
(77,333)
(31,207)
Net assets
192,202
291,434
Called up share capital
2
2
Profit and loss account
192,200
291,432
Shareholders' funds
192,202
291,434
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by
Andrea Jackson
Director
Company Registration No. SC551674
Ajacs Cleaners Limited
Notes to the Accounts
for the year ended 31 December 2024
Ajacs Cleaners Limited is a private company, limited by shares, registered in Scotland, registration number SC551674. The registered office is C/O 59 Dalshannon Road, Cumbernauld, Glasgow, G67 4DB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
The presentation currency of the financial statements is the Pound Sterling (£).
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Rendering of services
Turnover from the rendering of services, namely the provision of cleaning services, is recognised by reference to the stage of completion of the service at the statement of financial position date.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value
of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the
shorter.
Plant & machinery
25% on cost
Motor vehicles
25% on cost
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the income statement.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of impairment loss is recognised immediately in the income statement.
Ajacs Cleaners Limited
Notes to the Accounts
for the year ended 31 December 2024
Basic financial instruments are recognised as follows:
(i) Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method less any impairment.
(ii) Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand.
Cash and cash equivalents are shown net of bank overdrafts, which are included as current borrowings in liabilities on the statement of financial position.
(iii) Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the statement of financial position. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.
The interest element of these obligations is charged to the income statement over the relevant period using the effective interest method. The capital element of the future payments is treated as a liability.
Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.
Provisions for liabilities
The company recognises a provision for annual leave accrued by employees as a result of services rendered in the current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.
Ajacs Cleaners Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
31,744
110,899
142,643
Additions
-
121,180
121,180
Disposals
-
(50,899)
(50,899)
At 31 December 2024
31,744
181,180
212,924
At 1 January 2024
24,759
95,899
120,658
Charge for the year
2,407
23,850
26,257
On disposals
-
(50,899)
(50,899)
At 31 December 2024
27,166
68,850
96,016
At 31 December 2024
4,578
112,330
116,908
At 31 December 2023
6,985
15,000
21,985
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
92,753
8,751
Amounts falling due within one year
Trade debtors
85,267
145,846
Other debtors
134,940
171,016
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
22,800
12,243
Taxes and social security
58,697
37,838
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
77,333
31,207
Ajacs Cleaners Limited
Notes to the Accounts
for the year ended 31 December 2024
Loans of £171,016 advanced to the directors during the previous year were repaid in full. Loans of £134,940 were advanced to the directors during the year. The loans were interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 9 (2023: 10).