Company Registration No. 06998489 (England and Wales)
A J Alignment Ltd
Unaudited accounts
for the year ended 31 August 2020
A J Alignment Ltd
Unaudited accounts
Contents
A J Alignment Ltd
Company Information
for the year ended 31 August 2020
Company Number
06998489 (England and Wales)
Registered Office
Kirkroyd
Hill Lane
Colne
Lancashire
BB8 7EF
Accountants
Letcliffe Business Services Ltd
1 Letcliffe Cottages
Manchester Road
Barnoldswick
Lancashire
BB18 5HE
A J Alignment Ltd
Statement of financial position
as at
31 August 2020
Intangible assets
(1,376)
124
Tangible assets
37,576
44,377
Cash at bank and in hand
62,934
11,678
Creditors: amounts falling due within one year
(53,986)
(48,928)
Net current assets/(liabilities)
31,948
(14,339)
Total assets less current liabilities
68,148
30,162
Creditors: amounts falling due after more than one year
(16,090)
(13,588)
Profit and loss account
52,058
16,574
Shareholders' funds
52,058
16,574
For the year ending 31 August 2020 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 November 2020 and were signed on its behalf by
Mr A Robinson
Director
Company Registration No. 06998489
A J Alignment Ltd
Notes to the Accounts
for the year ended 31 August 2020
A J Alignment Ltd is a private company, limited by shares, registered in England and Wales, registration number 06998489. The registered office is Kirkroyd, Hill Lane, Colne, Lancashire, BB8 7EF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2019
15,000
At 1 September 2019
14,876
Charge for the year
1,500
At 31 August 2020
(1,376)
A J Alignment Ltd
Notes to the Accounts
for the year ended 31 August 2020
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2019
68,104
45,100
113,204
Additions
10,411
-
10,411
At 31 August 2020
78,515
45,100
123,615
At 1 September 2019
34,578
34,249
68,827
Charge for the year
14,499
2,713
17,212
At 31 August 2020
49,077
36,962
86,039
At 31 August 2020
29,438
8,138
37,576
At 31 August 2019
33,526
10,851
44,377
Trade debtors
23,000
22,911
7
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
13,771
13,771
Taxes and social security
24,815
25,923
Loans from directors
15,000
8,834
8
Creditors: amounts falling due after more than one year
2020
2019
9
Average number of employees
During the year the average number of employees was 0 (2019: 0).