AARONITE LIMITED

Company Registration Number:
12418932 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

AARONITE LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AARONITE LIMITED

Company Information

for the Period Ended 31 January 2023




Director: Olusegun David Oluranti
Registered office: 75
Thompson Gardens
Smethwick
England
B67 6RY
Company Registration Number: 12418932 (England and Wales)

AARONITE LIMITED

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Olusegun David Oluranti

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Olusegun David Oluranti
Status: Director

AARONITE LIMITED

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 40,480 27,976
Cost of sales ( 16,405 ) ( 11,631 )
Gross Profit or (Loss) 24,075 16,345
Administrative Expenses ( 23,447 ) ( 16,012 )
Operating Profit or (Loss) 628 333
Profit or (Loss) Before Tax 628 333
Tax on Profit ( 195 ) ( 139 )
Profit or (Loss) for Period 433 194

The notes form part of these financial statements

AARONITE LIMITED

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 800 400
Total fixed assets: 800 400
Current assets
Debtors: 5 29,129 37,914
Cash at bank and in hand: 322 48
Total current assets: 29,451 37,962
Creditors: amounts falling due within one year: 6 ( 195 ) ( 139 )
Net current assets (liabilities): 29,256 37,823
Total assets less current liabilities: 30,056 38,223
Creditors: amounts falling due after more than one year: 7 ( 29,383 ) ( 37,983 )
Total net assets (liabilities): 673 240

The notes form part of these financial statements

AARONITE LIMITED

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 672 239
Shareholders funds: 673 240

For the year ending 31 January 2023 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.

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

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Olusegun David Oluranti
Status: Director

The notes form part of these financial statements

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2022 1,200 1,200
Additions 800 800
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 2,000 2,000
Depreciation
At 01 February 2022 800 800
Charge for year 400 400
On disposals - -
Other adjustments - -
At 31 January 2023 1,200 1,200
Net book value
At 31 January 2023 800 800
At 31 January 2022 400 400

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Debtors


2023
£

2022
£
Other debtors 29,129 37,914
Total 29,129 37,914

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 195 139
Total 195 139

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 29,383 37,983
Total 29,383 37,983