AJS Depositories Limited - Filleted accounts

Registered number

07242716

AJS Depositories Limited

Filleted Accounts

30 June 2026

AJS Depositories Limited
Registered number:		07242716
Balance Sheet
as at 30 June 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		195,760			159,419

Current assets
Stocks		1,000			1,000
Debtors	4	236,143			112,288
Cash at bank and in hand		159,152			314,913
		396,295			428,201

Creditors: amounts falling due within one year	5	(153,649)			(135,352)

Net current assets			242,646			292,849

Net assets			438,406			452,268

Capital and reserves
Called up share capital			49			49
Profit and loss account			438,357			452,219

Shareholders' funds			438,406			452,268

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Sandra Manuel
Director
Approved by the board on 3 September 2026

AJS Depositories Limited
Notes to the Accounts
for the year ended 30 June 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and it was not rounded.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Motor vehicles	15% Reducing balance
	Fixtures, fittings, tools and equipment	20% Straight Line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			10		10


3	Tangible fixed assets
		Fixtures, fittings & equipment etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 July 2025	72,991		496,156		569,147
	Additions	289		93,657		93,946
	Disposals	-		(25,587)		(25,587)
	At 30 June 2026	73,280		564,226		637,506

	Depreciation
	At 1 July 2025	65,075		344,653		409,728
	Charge for the year	5,118		34,001		39,119
	On disposals	-		(7,101)		(7,101)
	At 30 June 2026	70,193		371,553		441,746

	Net book value
	At 30 June 2026	3,087		192,673		195,760
	At 30 June 2025	7,916		151,503		159,419


4	Debtors			2026		2025
£					£

	Trade debtors			70,706		81,953
	Other debtors			165,437		30,335
				236,143		112,288


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			81,188		357
	Taxation and social security costs			19,037		82,456
	Accruals			21,800		20,924
	Other creditors			31,624		31,615
				153,649		135,352


6	Other financial commitments			2026		2025
£					£

	Total future minimum payments under non-cancellable operating leases			472,916		102,917


7	Controlling party

	The company is controlled by Mr & Mrs Jamie Manuel.


8	Other information

	AJS Depositories Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 2C, Endeavour Way
	London
	SW19 8UH