AJB ENVIRONMENTAL LTD

AJB ENVIRONMENTAL LTD

AJB ENVIRONMENTAL LTD - Company Information

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AJB ENVIRONMENTAL LTD

Company Registration Number:
02664777 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

AJB ENVIRONMENTAL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

AJB ENVIRONMENTAL LTD

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 116,434 119,593
Total fixed assets: 116,434 119,593
Current assets
Stocks: 13,200 15,250
Debtors:   16,195 14,724
Cash at bank and in hand: 513,700 380,449
Total current assets: 543,095 410,423
Creditors: amounts falling due within one year:   (144,217) (114,128)
Net current assets (liabilities): 398,878 296,295
Total assets less current liabilities: 515,312 415,888
Total net assets (liabilities): 515,312 415,888
Capital and reserves
Called up share capital: 255,107 255,107
Profit and loss account: 260,205 160,781
Shareholders funds: 515,312 415,888

The notes form part of these financial statements

AJB ENVIRONMENTAL LTD

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 December 2019
and signed on behalf of the board by:

Name: MR A BLENKINSOP
Status: Director

The notes form part of these financial statements

AJB ENVIRONMENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Investment properties - 0%If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

AJB ENVIRONMENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Employees

2019 2018
Average number of employees during the period 5 6

AJB ENVIRONMENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Tangible Assets

Total
Cost £
At 01 April 2018 212,831
Additions 950
At 31 March 2019 213,781
Depreciation
At 01 April 2018 93,238
Charge for year 4,109
At 31 March 2019 97,347
Net book value
At 31 March 2019 116,434
At 31 March 2018 119,593

AJB ENVIRONMENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Related party transactions

Name of the related party: MR A BLENKINSOP
Relationship:
Director
Description of the Transaction: LOAN TO COMPANY
£
Balance at 01 April 2018 24,318
Balance at 31 March 2019 35,432
Name of the related party: MRS J BLENKINSOP
Relationship:
Director
Description of the Transaction: LOAN TO COMPANY
£
Balance at 01 April 2018 24,319
Balance at 31 March 2019 35,432

Dividends of £32130 were paid to the directors, £21105 to Mr A Blenkinsop and £11025 to Mrs J Blenkinsop.