GUIDEAIM LIMITED

Company Registration Number:
02014481 (England and Wales)

Unaudited abridged accounts for the year ended 20 May 2023

Period of accounts

Start date: 21 May 2022

End date: 20 May 2023

GUIDEAIM LIMITED

Contents of the Financial Statements

for the Period Ended 20 May 2023

Balance sheet
Notes

GUIDEAIM LIMITED

Balance sheet

As at 20 May 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 57,396 359,999
Total fixed assets: 57,396 359,999
Current assets
Stocks: 0 0
Debtors:   0 0
Cash at bank and in hand: 3,666,817 3,833,806
Investments:   0 0
Total current assets: 3,666,817 3,833,806
Creditors: amounts falling due within one year: 4 (215,845) (680,576)
Net current assets (liabilities): 3,450,972 3,153,230
Total assets less current liabilities: 3,508,368 3,513,229
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 3,508,368 3,513,229
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve:59,51395,689
Other reserves: 0 0
Profit and loss account: 3,498,853 3,417,538
Shareholders funds: 3,508,368 3,513,229

The notes form part of these financial statements

GUIDEAIM LIMITED

Balance sheet statements

For the year ending 20 May 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 11 February 2024
and signed on behalf of the board by:

Name: Mr JW Hay-Arthur
Status: Director

The notes form part of these financial statements

GUIDEAIM LIMITED

Notes to the Financial Statements

for the Period Ended 20 May 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

Turnover policy

No trading income was received during the year.

Valuation and information policy

All investments are listed investments and are initially recognized at their transaction value. Subsequently, investments are measured at their fair value as at the balance sheet date using the closing quoted market value. Any change in fair value is recognised in the income statement and any excess of fair value over the historic cost of the investments is shown as part of reserves in the balance sheet.

Other accounting policies

The financial statements have been prepared on the basis that the company is a going concern as, in the opinion of the directors, there are sufficient funds within the company to meet its financial obligations for at least 12 months from the date that the balance sheet is signed.

GUIDEAIM LIMITED

Notes to the Financial Statements

for the Period Ended 20 May 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

GUIDEAIM LIMITED

Notes to the Financial Statements

for the Period Ended 20 May 2023

3. Fixed investments

Fair value at the start of the year £359,999Additions at cost £(9)Cost of investments sold £(216,427)Net (loss)/gain on change in fair value £(86,167)Fair value at end of year £57,396

GUIDEAIM LIMITED

Notes to the Financial Statements

for the Period Ended 20 May 2023

4. Creditors: amounts falling due within one year note

Corporation Tax £25,593Dividends payable £50,000Other creditors £140,252

GUIDEAIM LIMITED

Notes to the Financial Statements

for the Period Ended 20 May 2023

5. Revaluation reserve

2023
£
Balance at 21 May 2022 95,689
Surplus or deficit after revaluation (86,176)
Balance at 20 May 2023 9,513

GUIDEAIM LIMITED

Notes to the Financial Statements

for the Period Ended 20 May 2023

6. Related party transactions

Name of the related party: the late Mr J Hay-Arthur
Relationship:
Former sole director of the company
Description of the Transaction: The late Mr J Hay-Arthur, the former sole director, made interest free loans to the company. These loans do not have a fixed date for repayment.
£
Balance at 21 May 2022 62,217
Balance at 20 May 2023 126,052