AIM CONSULTANCY AND CONSTRUCTION SERVICES LTD

Company Registration Number:
12385748 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

AIM CONSULTANCY AND CONSTRUCTION SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

AIM CONSULTANCY AND CONSTRUCTION SERVICES LTD

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 299 374
Total fixed assets: 299 374
Current assets
Stocks: 16,750 16,750
Cash at bank and in hand: 2,389 4,258
Total current assets: 19,139 21,008
Creditors: amounts falling due within one year:   (17,884) (19,353)
Net current assets (liabilities): 1,255 1,655
Total assets less current liabilities: 1,554 2,029
Total net assets (liabilities): 1,554 2,029
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 1,551 2,026
Shareholders funds: 1,554 2,029

The notes form part of these financial statements

AIM CONSULTANCY AND CONSTRUCTION SERVICES LTD

Balance sheet statements

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.

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 16 July 2023
and signed on behalf of the board by:

Name: Azzam Raslan
Status: Director

The notes form part of these financial statements

AIM CONSULTANCY AND CONSTRUCTION SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

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

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,over their expected useful lives on the following bases:Computer Equipment 20%oncost

Valuation and information policy

Stocks and Work in ProgressStocks and work in progress are valued at the lower of cost and net realisable value after making due allowance forobsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variableoverheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover andrelated costs as contract activity progresses.

Other accounting policies

TaxationIncome tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in thestatement of comprehensive income because of items of income or expense that are taxable or deductible in otheryears and items that are never taxable or deductible. The company's liability for current tax is calculated using taxrates that have been enacted or substantively enacted by the end of the reporting period.Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financialstatements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities aregenerally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductibletemporary differences to the extent that it is probable that taxable profits will be available against which thosedeductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of eachreporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be availableto allow all or part of the asset to be recovered.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which theliability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantivelyenacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities anddeferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequencesthat would follow from the manner in which the Company expects, at the end of the reporting period, to recover orsettle the carrying amount of its assets and liabilities.Current or deferred tax for the year is recognised in profit or loss, except when they related to items that arerecognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is alsorecognised in other comprehensive income or directly in equity respectively.

AIM CONSULTANCY AND CONSTRUCTION SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

AIM CONSULTANCY AND CONSTRUCTION SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 585
At 31 January 2023 585
Depreciation
At 01 February 2022 211
Charge for year 75
At 31 January 2023 286
Net book value
At 31 January 2023 299
At 31 January 2022 374