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REGISTERED NUMBER: 10297581 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Ao & Associates Ltd

Ao & Associates Ltd (Registered number: 10297581)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ao & Associates Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: A Obiora





SECRETARY:





REGISTERED OFFICE: 6 De Port Gardens Chineham
Chineham
Basingstoke
RG24 8EW





REGISTERED NUMBER: 10297581 (England and Wales)





ACCOUNTANTS: GSV Partners Ltd
Progress Business Centre
Whittle Parkway
Slough
Berkshire
SL1 6DQ

Ao & Associates Ltd (Registered number: 10297581)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 285

CURRENT ASSETS
Debtors 5 9,107 10,631
Cash at bank 149,204 140,705
158,311 151,336
CREDITORS
Amounts falling due within one year 6 (63,804 ) (60,683 )
NET CURRENT ASSETS 94,507 90,653
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,507

90,938

CREDITORS
Amounts falling due after more than one
year

7

(15,715

)

(20,102

)
NET ASSETS 78,792 70,836

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 78,791 70,835
SHAREHOLDERS' FUNDS 78,792 70,836

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

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

Ao & Associates Ltd (Registered number: 10297581)

Balance Sheet - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 August 2024 and were signed by:





A Obiora - Director


Ao & Associates Ltd (Registered number: 10297581)

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

1. STATUTORY INFORMATION

Ao & Associates 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, 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2022 - 1 ) .

Ao & Associates Ltd (Registered number: 10297581)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 1,200
DEPRECIATION
At 1 August 2022 915
Charge for year 285
At 31 July 2023 1,200
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 285

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 9,107 10,631

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 12,672 -
Taxation and social security 3,896 12,671
Other creditors 47,236 48,012
63,804 60,683

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 15,715 20,102