A J B Holdings Limited - Accounts to registrar (filleted) - small 18.2

A J B Holdings Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv20.1.5.71SC125094Board of Directors1.1.1931.12.1931.12.19falsetruefalsefalsetruefalseFair value modeliso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1250942018-12-31SC1250942019-12-31SC1250942019-01-012019-12-31SC1250942017-12-31SC1250942018-01-012018-12-31SC1250942018-12-31SC125094ns16:Scotland2019-01-012019-12-31SC125094ns15:PoundSterling2019-01-012019-12-31SC125094ns11:Director12019-01-012019-12-31SC125094ns11:PrivateLimitedCompanyLtd2019-01-012019-12-31SC125094ns11:SmallEntities2019-01-012019-12-31SC125094ns11:AuditExempt-NoAccountantsReport2019-01-012019-12-31SC125094ns11:SmallCompaniesRegimeForDirectorsReport2019-01-012019-12-31SC125094ns11:SmallCompaniesRegimeForAccounts2019-01-012019-12-31SC125094ns11:FullAccounts2019-01-012019-12-31SC125094ns11:Director22019-01-012019-12-31SC125094ns11:Director32019-01-012019-12-31SC125094ns11:CompanySecretary12019-01-012019-12-31SC125094ns11:RegisteredOffice2019-01-012019-12-31SC125094ns6:CurrentFinancialInstruments2019-12-31SC125094ns6:CurrentFinancialInstruments2018-12-31SC125094ns6:ShareCapital2019-12-31SC125094ns6:ShareCapital2018-12-31SC125094ns6:RetainedEarningsAccumulatedLosses2019-12-31SC125094ns6:RetainedEarningsAccumulatedLosses2018-12-31SC125094ns6:ComputerEquipment2019-01-012019-12-31SC125094ns6:ComputerEquipment2018-12-31SC125094ns6:ComputerEquipment2019-12-31SC125094ns6:ComputerEquipment2018-12-31SC125094ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-12-31SC125094ns6:CurrentFinancialInstrumentsns6:WithinOneYear2018-12-31
REGISTERED NUMBER: SC125094(Scotland)















Financial Statements for the Year Ended 31 December 2019

for

A J B Holdings Limited

A J B Holdings Limited (Registered number: SC125094)






Contents of the Financial Statements
for the Year Ended 31 December 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A J B Holdings Limited

Company Information
for the Year Ended 31 December 2019







DIRECTORS: Alan J Baxter
Sheena Cunniffe
Anne Baxter





SECRETARY: Alan J Baxter





REGISTERED OFFICE: 9 Broomcroft Road
Newton Mearns
Glasgow
G77 5ER





REGISTERED NUMBER: SC125094(Scotland)





ACCOUNTANTS: Graham & Co. (Accountants) Limited
76 Dumbarton Road
Clydebank
Glasgow
G81 1UG

A J B Holdings Limited (Registered number: SC125094)

Balance Sheet
31 December 2019

31.12.19 31.12.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,042 1
Investment property 5 862,844 771,594
863,886 771,595

CURRENT ASSETS
Debtors 6 276,974 347,882
Investments 7 1,952,577 15,689
Cash at bank 1,235,137 4,335,680
3,464,688 4,699,251
CREDITORS
Amounts falling due within one year 8 248,163 1,436,858
NET CURRENT ASSETS 3,216,525 3,262,393
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,080,411

4,033,988

PROVISIONS FOR LIABILITIES 18,000 -
NET ASSETS 4,062,411 4,033,988

CAPITAL AND RESERVES
Called up share capital 1,237,500 1,237,500
Retained earnings 2,824,911 2,796,488
SHAREHOLDERS' FUNDS 4,062,411 4,033,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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.

A J B Holdings Limited (Registered number: SC125094)

Balance Sheet - continued
31 December 2019


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 on 28 February 2020and were signed on its behalf by:





Alan J Baxter- Director


A J B Holdings Limited (Registered number: SC125094)

Notes to the Financial Statements
for the Year Ended 31 December 2019

1. STATUTORY INFORMATION

A J B Holdings Limited is a private company, limited by shares, registered in Scotland. 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.
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair
value is recognised in profit or loss.

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(2018 - 2) .

A J B Holdings Limited (Registered number: SC125094)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2019 6,875
Additions 1,041
At 31 December 2019 7,916
DEPRECIATION
At 1 January 2019
and 31 December 2019 6,874
NET BOOK VALUE
At 31 December 2019 1,042
At 31 December 2018 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2019 771,594
Additions 91,250
At 31 December 2019 862,844
NET BOOK VALUE
At 31 December 2019 862,844
At 31 December 2018 771,594

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.19 31.12.18
£    £   
Other debtors 276,974 347,882

7. CURRENT ASSET INVESTMENTS
31.12.19 31.12.18
£    £   
Listed investments 1,952,577 15,689

A J B Holdings Limited (Registered number: SC125094)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.19 31.12.18
£    £   
Taxation and social security 10,625 986,809
Other creditors 237,538 450,049
248,163 1,436,858

9. RELATED PARTY DISCLOSURES

31.12.1931.12.18
Included
within creditors are amounts due to directors, as follows:

£   

£   
147,175340,534
Included within debtors is an amount due by a company with a common
director, as follows:

275,609333,420