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REGISTERED NUMBER: 06729101 (England and Wales)















THE AOB GROUP LIMITED

Unaudited Financial Statements

for the Year Ended 31 May 2023






THE AOB GROUP LIMITED (REGISTERED NUMBER: 06729101)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE AOB GROUP LIMITED

Company Information
for the Year Ended 31 May 2023







DIRECTORS: L Van Emden
M C Aherne
G Francis





REGISTERED OFFICE: Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR





REGISTERED NUMBER: 06729101 (England and Wales)






THE AOB GROUP LIMITED (REGISTERED NUMBER: 06729101)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 70,920 70,920
Investments 5 1 1
70,921 70,921

CURRENT ASSETS
Debtors 6 116,055 314,402
Cash at bank 49,249 26,826
165,304 341,228
CREDITORS
Amounts falling due within one year 7 159,555 209,347
NET CURRENT ASSETS 5,749 131,881
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,670

202,802

CREDITORS
Amounts falling due after more than one year 8 72,813 175,461
NET ASSETS 3,857 27,341

CAPITAL AND RESERVES
Called up share capital 2,050 2,050
Share premium 149,900 149,900
Retained earnings (148,093 ) (124,609 )
3,857 27,341

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

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

THE AOB GROUP LIMITED (REGISTERED NUMBER: 06729101)

Balance Sheet - continued
31 May 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 21 February 2024 and were signed on its behalf by:




L Van Emden - Director



G Francis - Director


THE AOB GROUP LIMITED (REGISTERED NUMBER: 06729101)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

The AOB Group 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 70,920
NET BOOK VALUE
At 31 May 2023 70,920
At 31 May 2022 70,920

THE AOB GROUP LIMITED (REGISTERED NUMBER: 06729101)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2022
and 31 May 2023 1
NET BOOK VALUE
At 31 May 2023 1
At 31 May 2022 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Amounts owed by group undertakings 72,693 73,062
Other debtors 43,362 241,340
116,055 314,402

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 58,250 88,250
Trade creditors 290 3,553
Taxation and social security 2,979 2,979
Other creditors 98,036 114,565
159,555 209,347

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 72,813 131,063
Other creditors - 44,398
72,813 175,461

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
L Van Emden
Balance outstanding at start of year 13,532 94,473
Amounts advanced 66,619 133,038
Amounts repaid (89,880 ) (213,979 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (9,729 ) 13,532

THE AOB GROUP LIMITED (REGISTERED NUMBER: 06729101)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

M C Aherne
Balance outstanding at start of year 17,843 109,058
Amounts advanced 1,888 51,872
Amounts repaid (27,800 ) (143,087 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (8,069 ) 17,843

G Francis
Balance outstanding at start of year 38,649 171,265
Amounts advanced - 49,378
Amounts repaid (41,351 ) (181,994 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,702 ) 38,649