A.J.S. Contract Design Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03668261 (England and Wales)

A.J.S. CONTRACT DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Shelley

K Allan

SECRETARY:

K Allan

REGISTERED OFFICE:

The Stables

Hargate Hall

Wormhill

Derbyshire

SK17 8SJ

REGISTERED NUMBER:

03668261 (England and Wales)

ACCOUNTANTS:

Ian R Collins & Co

Chartered Accountants

The Bridge House

Dronfield

S18 2XL

FIXED ASSETS

Tangible assets

4

957

1,216

CURRENT ASSETS

Debtors

5

9,072

9,072

Cash at bank

6,870

8,396

15,942

17,468

CREDITORS

Amounts falling due within one year

6

(15,469

)

(15,167

)

NET CURRENT ASSETS

473

2,301

TOTAL ASSETS LESS CURRENT LIABILITIES

1,430

3,517

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

1,400

3,487

SHAREHOLDERS' FUNDS

1,430

3,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 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 25th October 2021 and were signed on its behalf by:

A J Shelley - Director

1.	STATUTORY INFORMATION

A.J.S. Contract Design 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

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

50% on cost and 33% on cost

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st April 2020

406

1,405

4,539

6,350

Additions

-

-

294

294

At 31st March 2021

406

1,405

4,833

6,644

DEPRECIATION

At 1st April 2020

406

1,394

3,334

5,134

Charge for year

-

2

551

553

At 31st March 2021

406

1,396

3,885

5,687

NET BOOK VALUE

At 31st March 2021

-

9

948

957

At 31st March 2020

-

11

1,205

1,216

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

9,072

9,072

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

94

1

Taxation and social security

14,580

14,400

Other creditors

795

766

15,469

15,167

7.	CONTROLLING INTEREST

The company was under the control of by Dr. A. Shelley throughout the current and proceeding year. Dr. A. Shelley is the managing director and has effective control of the business through management and shareholding.