Company Registration No. SC721732 (Scotland)
AJF Joinery Ltd
Unaudited accounts
for the year ended 28 February 2026
AJF Joinery Ltd
Unaudited accounts
Contents
AJF Joinery Ltd
Company Information
for the year ended 28 February 2026
Company Number
SC721732 (Scotland)
Registered Office
5 FAIRWAYS AVENUE
MUIR OF ORD
IV6 7PZ
SCOTLAND
Accountants
Signature Accounting Solutions Ltd
3rd Floor
33 Academy Street
Inverness
IV1 1JN
AJF Joinery Ltd
Statement of financial position
as at 28 February 2026
Tangible assets
23,705
46,220
Cash at bank and in hand
6,816
15,466
Creditors: amounts falling due within one year
(13,834)
(16,117)
Net current assets
9,659
11,082
Total assets less current liabilities
33,364
57,302
Creditors: amounts falling due after more than one year
(18,993)
(24,130)
Called up share capital
1
1
Profit and loss account
14,370
33,171
Shareholders' funds
14,371
33,172
For the year ending 28 February 2026 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 director acknowledges his 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 and authorised for issue on 28 July 2026 and were signed on its behalf by
Andrew Fraser
Director
Company Registration No. SC721732
AJF Joinery Ltd
Notes to the Accounts
for the year ended 28 February 2026
AJF Joinery Ltd is a private company, limited by shares, registered in Scotland, registration number SC721732. The registered office is 5 FAIRWAYS AVENUE, MUIR OF ORD, IV6 7PZ, SCOTLAND.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
33% Straight Line
Computer equipment
25% Straight Line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
AJF Joinery Ltd
Notes to the Accounts
for the year ended 28 February 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2025
25,906
70,743
1,061
2,144
99,854
Additions
5,172
-
-
92
5,264
At 28 February 2026
31,078
70,743
1,061
2,236
105,118
At 1 March 2025
9,011
43,743
106
774
53,634
Charge for the year
7,769
19,581
106
323
27,779
At 28 February 2026
16,780
63,324
212
1,097
81,413
At 28 February 2026
14,298
7,419
849
1,139
23,705
At 28 February 2025
16,895
27,000
955
1,370
46,220
Amounts falling due within one year
Other debtors
13,902
10,934
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
7,334
Obligations under finance leases and hire purchase contracts
5,762
7,794
Taxes and social security
640
(465)
Loans from directors
(3,341)
1,247
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
18,993
24,130
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Capital Contribution
28,673
-
-
28,673
AJF Joinery Ltd
Notes to the Accounts
for the year ended 28 February 2026
9
Average number of employees
During the year the average number of employees was 3 (2025: 6).