IRIS Accounts Production v24.2.0.383 11716035 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117160352022-12-31117160352023-12-31117160352023-01-012023-12-31117160352021-12-31117160352022-01-012022-12-31117160352022-12-3111716035ns15:EnglandWales2023-01-012023-12-3111716035ns14:PoundSterling2023-01-012023-12-3111716035ns10:Director12023-01-012023-12-3111716035ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3111716035ns10:SmallEntities2023-01-012023-12-3111716035ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3111716035ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3111716035ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3111716035ns10:FullAccounts2023-01-012023-12-3111716035ns10:OrdinaryShareClass12023-01-012023-12-3111716035ns10:Director22023-01-012023-12-3111716035ns10:Director32023-01-012023-12-3111716035ns10:CompanySecretary12023-01-012023-12-3111716035ns10:RegisteredOffice2023-01-012023-12-3111716035ns5:CurrentFinancialInstruments2023-12-3111716035ns5:CurrentFinancialInstruments2022-12-3111716035ns5:Non-currentFinancialInstruments2023-12-3111716035ns5:Non-currentFinancialInstruments2022-12-3111716035ns5:ShareCapital2023-12-3111716035ns5:ShareCapital2022-12-3111716035ns5:RetainedEarningsAccumulatedLosses2023-12-3111716035ns5:RetainedEarningsAccumulatedLosses2022-12-3111716035ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3111716035ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3111716035ns10:OrdinaryShareClass12023-12-3111716035ns5:RetainedEarningsAccumulatedLosses2022-12-3111716035ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 11716035 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

AIMACT LTD

AIMACT LTD (REGISTERED NUMBER: 11716035)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AIMACT LTD

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs A Patel
A S Patel
C D'Souza





SECRETARY: Mrs A Patel





REGISTERED OFFICE: Cheetah House
6 Maxted Road
Hemel Hempstead
Hertfordshire
HP2 7DX





REGISTERED NUMBER: 11716035 (England and Wales)

AIMACT LTD (REGISTERED NUMBER: 11716035)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 41,691 30,094
Debtors 4 39,117 82,195
Cash at bank 94,303 47,708
175,111 159,997
CREDITORS
Amounts falling due within one year 5 97,206 85,664
NET CURRENT ASSETS 77,905 74,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,905

74,333

CREDITORS
Amounts falling due after more than one
year

6

7,983

13,533
NET ASSETS 69,922 60,800

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 69,822 60,700
SHAREHOLDERS' FUNDS 69,922 60,800

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

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

AIMACT LTD (REGISTERED NUMBER: 11716035)

Balance Sheet - continued
31 December 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 13 September 2024 and were signed on its behalf by:





A S Patel - Director


AIMACT LTD (REGISTERED NUMBER: 11716035)

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


1. STATUTORY INFORMATION

Aimact Ltd 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services
Turnover from the rendering of services is recognised by the reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 39,117 82,195

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,550 9,179
Trade creditors 60,930 51,778
Taxation and social security 25,869 23,856
Other creditors 4,857 851
97,206 85,664

AIMACT LTD (REGISTERED NUMBER: 11716035)

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


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 7,983 13,533

7. CALLED UP SHARE CAPITAL

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

8. RESERVES
Retained
earnings
£   

At 1 January 2023 60,700
Profit for the year 48,122
Dividends (39,000 )
At 31 December 2023 69,822

9. EMPLOYEES

The company does not engage any employees directly (see note 3). However, employee services are provided by an associated company.