REGISTERED NUMBER: 15318933 (England and Wales)

Financial Statements for the Year Ended 30 November 2025

for

Ajr Home Projects Limited

T/A

Dream Doors Harrogate

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R Hawkin

A J Hawkin

REGISTERED OFFICE:

Leitherlands

Biggin

Leeds

LS25 6HJ

REGISTERED NUMBER:

15318933 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Intangible assets

4

21,000

28,000

Tangible assets

5

193,134

27,414

214,134

55,414

CURRENT ASSETS

Stocks

21,267

10,382

Debtors

6

85,071

9,707

Cash at bank and in hand

30,640

45,135

136,978

65,224

CREDITORS

Amounts falling due within one year

7

145,137

103,256

NET CURRENT LIABILITIES

(8,159

)

(38,032

)

TOTAL ASSETS LESS CURRENT LIABILITIES

205,975

17,382

CREDITORS

Amounts falling due after more than one year

8

(223,203

)

(26,989

)

PROVISIONS FOR LIABILITIES

-

(6,854

)

NET LIABILITIES

(17,228

)

(16,461

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(17,230

)

(16,463

)

(17,228

)

(16,461

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2026 and were signed on its behalf by:

A J Hawkin - Director

1.	STATUTORY INFORMATION

Ajr Home Projects 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

The company is considered to be a going concern due to the continued support of the directors.

Turnover

Turnover comprises the value of sales (excluding VAT, similar taxes and trade discounts) of services provided in the normal course of business. Revenue is recognised in accordance with the contractual terms. 50% of the total contract revenue is recognised upon receipt of the deposit, with the remaining 50% recognised upon completion of contracted services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

Over the term of the lease

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance and Over the term of the lease

Computer equipment

-

33% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. 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 the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

35,000

AMORTISATION

At 1 December 2024

7,000

Charge for year

7,000

At 30 November 2025

14,000

NET BOOK VALUE

At 30 November 2025

21,000

At 30 November 2024

28,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

-

25,000

10,689

863

36,552

Additions

167,395

-

28,344

-

195,739

At 30 November 2025

167,395

25,000

39,033

863

232,291

DEPRECIATION

At 1 December 2024

-

6,250

2,672

216

9,138

Charge for year

16,589

4,688

8,454

288

30,019

At 30 November 2025

16,589

10,938

11,126

504

39,157

NET BOOK VALUE

At 30 November 2025

150,806

14,062

27,907

359

193,134

At 30 November 2024

-

18,750

8,017

647

27,414

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Short

Motor

leasehold

vehicles

Totals

£

£

£

COST

Additions

167,395

19,994

187,389

At 30 November 2025

167,395

19,994

187,389

DEPRECIATION

Charge for year

16,589

4,362

20,951

At 30 November 2025

16,589

4,362

20,951

NET BOOK VALUE

At 30 November 2025

150,806

15,632

166,438

During the year ended 30th November 2025, the company elected to early adopt the right of use asset (ROU) legislation.

The right of use assets have been measured at the present value of lease payments and depreciated on a straight line basis over the term of the lease.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

78,553

5,375

Other debtors

6,518

4,332

85,071

9,707

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

9,871

7,432

Hire purchase contracts and finance leases

3,572

3,033

Trade creditors

38,221

16,302

Taxation and social security

17,888

8,766

Other creditors

75,585

67,723

145,137

103,256

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

30,872

19,394

Hire purchase contracts and finance leases

192,331

7,595

223,203

26,989

Amounts falling due in more than five years:

Repayable by instalments

Finance leases

95,991

-

9.	FINANCIAL INSTRUMENTS

Basic financial instruments are recognised at amortised costs. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.