Company Registration No. 2878674 (England and Wales)
Aries Commercial Machinery Limited
Unaudited accounts
for the year ended 30 November 2023
Aries Commercial Machinery Limited
Unaudited accounts
Contents
Aries Commercial Machinery Limited
Company Information
for the year ended 30 November 2023
Directors
Andrew Burden
Jennifer Burden
Company Number
2878674 (England and Wales)
Registered Office
THE HOLLIES SCHOOL LANE
AUCKLEY
DONCASTER
S YORKS
DN9 3JR
Aries Commercial Machinery Limited
Statement of financial position
as at 30 November 2023
Tangible assets
23,402
15,456
Cash at bank and in hand
8,271
7,238
Creditors: amounts falling due within one year
(27,043)
(13,192)
Net current assets
38,416
59,228
Total assets less current liabilities
61,818
74,684
Creditors: amounts falling due after more than one year
(30,869)
(39,674)
Called up share capital
2
2
Profit and loss account
30,947
35,008
Shareholders' funds
30,949
35,010
For the year ending 30 November 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by
Andrew Burden
Director
Company Registration No. 2878674
Aries Commercial Machinery Limited
Notes to the Accounts
for the year ended 30 November 2023
Aries Commercial Machinery Limited is a private company, limited by shares, registered in England and Wales, registration number 2878674. The registered office is THE HOLLIES SCHOOL LANE, AUCKLEY, DONCASTER, S YORKS, DN9 3JR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
At 30 November 2023
46,522
At 30 November 2023
23,120
At 30 November 2023
23,402
At 30 November 2022
15,456
Aries Commercial Machinery Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
35,404
42,025
Other debtors
21,784
16,257
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,687
9,687
Obligations under finance leases and hire purchase contracts
3,160
3,160
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,309
6,469
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).