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REGISTERED NUMBER: 12335300 (England and Wales)















AAI EXPRESS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






AAI EXPRESS LIMITED (REGISTERED NUMBER: 12335300)

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


AAI EXPRESS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: D Blignaut
D M Cobb
K R Goldsmith





REGISTERED OFFICE: Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
SK8 3TD





REGISTERED NUMBER: 12335300 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

AAI EXPRESS LIMITED (REGISTERED NUMBER: 12335300)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,911 1,657

CURRENT ASSETS
Debtors 5 424,455 171,067
Cash at bank 206,629 65,828
631,084 236,895
CREDITORS
Amounts falling due within one year 6 416,032 174,171
NET CURRENT ASSETS 215,052 62,724
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,963

64,381

PROVISIONS FOR LIABILITIES 7 478 315
NET ASSETS 216,485 64,066

CAPITAL AND RESERVES
Called up share capital 8 120 100
Retained earnings 216,365 63,966
SHAREHOLDERS' FUNDS 216,485 64,066

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.

AAI EXPRESS LIMITED (REGISTERED NUMBER: 12335300)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2023 and were signed on its behalf by:





D Blignaut - Director


AAI EXPRESS LIMITED (REGISTERED NUMBER: 12335300)

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


1. STATUTORY INFORMATION

AAI Express 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The directors have a reasonable expectation that the entity has adequate resources to continue in operational existence for the foreseeable future.The directors have reached this conclusion giving due
consideration to the projected future performance of the entity and any potential risk that might impact
the entity's ability to meet its required solvency levels.For this reason, they continue to adopt the going
concern basis in preparing the financial statements.

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.
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

AAI EXPRESS LIMITED (REGISTERED NUMBER: 12335300)

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


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022 2,209
Additions 802
At 31 March 2023 3,011
DEPRECIATION
At 1 April 2022 552
Charge for year 548
At 31 March 2023 1,100
NET BOOK VALUE
At 31 March 2023 1,911
At 31 March 2022 1,657

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 423,601 162,700
Other debtors 854 100
VAT - 8,267
424,455 171,067

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 125,413 82,625
Corporation tax 38,233 14,707
Social security and other taxes 5,321 1,859
VAT 27,898 -
Other creditors 125,107 54,105
Directors' current accounts 6,210 18,430
Accruals and deferred income 87,850 2,445
416,032 174,171

AAI EXPRESS LIMITED (REGISTERED NUMBER: 12335300)

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


7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 478 315

Deferred
tax
£   
Balance at 1 April 2022 315
Charge to Statement of Income and Retained Earnings during year 163
Balance at 31 March 2023 478

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100
20 A Ordinary £1 20 -
120 100

20 A Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.

9. ULTIMATE CONTROLLING PARTY

There is no overall controlling party.