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REGISTERED NUMBER: 04464422 (England and Wales)















Financial Statements for the Year Ended 30th November 2023

for

Aims Care Limited

Aims Care Limited (Registered number: 04464422)

Contents of the Financial Statements
for the Year Ended 30th November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aims Care Limited

Company Information
for the Year Ended 30th November 2023







DIRECTOR: A Hashmi





SECRETARY: Mrs A Hashmi





REGISTERED OFFICE: 59 Burgh Heath Road
Epsom
Surrey
KT17 4NB





REGISTERED NUMBER: 04464422 (England and Wales)





ACCOUNTANTS: Beak Kemmenoe
Chartered Accountants
1-3 Manor Road
Chatham
Kent
ME4 6AE

Aims Care Limited (Registered number: 04464422)

Balance Sheet
30th November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,089,076 5,081,840
Investments 5 - 245,850
5,089,076 5,327,690

CURRENT ASSETS
Debtors 6 5,426,618 4,553,259
Cash at bank and in hand 1,323,707 1,033,386
6,750,325 5,586,645
CREDITORS
Amounts falling due within one year 7 651,954 866,257
NET CURRENT ASSETS 6,098,371 4,720,388
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,187,447

10,048,078

CREDITORS
Amounts falling due after more than one
year

8

(695,830

)

(709,188

)

PROVISIONS FOR LIABILITIES (60,427 ) (32,886 )
NET ASSETS 10,431,190 9,306,004

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,431,090 9,305,904
SHAREHOLDERS' FUNDS 10,431,190 9,306,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Aims Care Limited (Registered number: 04464422)

Balance Sheet - continued
30th November 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 director and authorised for issue on 30th August 2024 and were signed by:





A Hashmi - Director


Aims Care Limited (Registered number: 04464422)

Notes to the Financial Statements
for the Year Ended 30th November 2023


1. STATUTORY INFORMATION

Aims Care 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2 % straight line on buildings
Plant and machinery etc - 25% on reducing balance and 10% - 33.33% on 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 33 (2022 - 28 ) .

Aims Care Limited (Registered number: 04464422)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st December 2022 4,859,319 747,795 5,607,114
Additions - 141,069 141,069
At 30th November 2023 4,859,319 888,864 5,748,183
DEPRECIATION
At 1st December 2022 291,559 233,715 525,274
Charge for year 58,312 75,521 133,833
At 30th November 2023 349,871 309,236 659,107
NET BOOK VALUE
At 30th November 2023 4,509,448 579,628 5,089,076
At 30th November 2022 4,567,760 514,080 5,081,840

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st December 2022 245,850
Disposals (246,612 )
Dividends received 762
At 30th November 2023 -
NET BOOK VALUE
At 30th November 2023 -
At 30th November 2022 245,850

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 507,502 172,529
Other debtors and prepayments 4,919,116 4,380,730
5,426,618 4,553,259

Aims Care Limited (Registered number: 04464422)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 18,601 27,150
Trade creditors 15,962 28,405
Corporation tax 338,083 503,904
Social security and other taxes 20,545 17,355
Other creditors and accruals 258,763 289,443
651,954 866,257

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans repayable in 1-2 years 21,341 28,613
Bank loans repayable in 2-5 years 75,250 98,539
Bank loans repayable in > 5 years 599,239 582,036
695,830 709,188

Amounts falling due in more than five years:

Repayable by instalments
Bank loans repayable in > 5 years 599,239 582,036

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 714,431 736,338

The bank loans are secured on the properties at 45 Alexander Road, Epsom, Surrey KT17 4DB and 1-3 Ashdown Road, Epsom, Surrey KT17 3PL and by a debenture over all other assets.