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REGISTERED NUMBER: 12355843 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

AEP GLOBAL LIMITED

AEP GLOBAL LIMITED (REGISTERED NUMBER: 12355843)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AEP GLOBAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: J W Baker
A R D Hibbert
R Oliver
G Wight





SECRETARY: J W Baker





REGISTERED OFFICE: Lothing House
Quay View Business Park
Lowestoft
Suffolk
NR32 2HD





REGISTERED NUMBER: 12355843 (England and Wales)





ACCOUNTANTS: Juler Tooke
Lothing House
Quay View Business Park
Barnards Way
Lowestoft
Suffolk
NR32 2HD

AEP GLOBAL LIMITED (REGISTERED NUMBER: 12355843)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,141 2,222

CURRENT ASSETS
Debtors 5 319,458 426,883
Cash at bank 285,631 224,988
605,089 651,871
CREDITORS
Amounts falling due within one year 6 (253,353 ) (417,519 )
NET CURRENT ASSETS 351,736 234,352
TOTAL ASSETS LESS CURRENT
LIABILITIES

355,877

236,574

CREDITORS
Amounts falling due after more than one
year

7

(36,667

)

(46,667

)

PROVISIONS FOR LIABILITIES (787 ) (422 )
NET ASSETS 318,423 189,485

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 318,223 189,285
SHAREHOLDERS' FUNDS 318,423 189,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

AEP GLOBAL LIMITED (REGISTERED NUMBER: 12355843)

BALANCE SHEET - continued
31 MARCH 2023


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 26 July 2023 and were signed on its behalf by:




J W Baker - Director A R D Hibbert - Director




G Wight - Director R Oliver - Director


AEP GLOBAL LIMITED (REGISTERED NUMBER: 12355843)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

AEP Global 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

AEP GLOBAL LIMITED (REGISTERED NUMBER: 12355843)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 2,614
Additions 2,552
At 31 March 2023 5,166
DEPRECIATION
At 1 April 2022 392
Charge for year 633
At 31 March 2023 1,025
NET BOOK VALUE
At 31 March 2023 4,141
At 31 March 2022 2,222

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 310,904 423,207
Other debtors 8,554 3,676
319,458 426,883

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 220,830 357,841
Taxation and social security 16,723 43,878
Other creditors 15,800 15,800
253,353 417,519

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 36,667 46,667

Amounts falling due in more than five years:

Repayable by instalments
Bounce Back loan 36,667 46,667

AEP GLOBAL LIMITED (REGISTERED NUMBER: 12355843)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

8. RELATED PARTY DISCLOSURES

The company operates a loan account with the directors and the balance at 31st March 2023 was £15,800 as follows:-

J W Baker - £3,950
A Hibbert - £3,950
R Oliver - £3,950
G Wight - £3,950