IRIS Accounts Production v24.1.0.578 01328452 Board of Directors 1.2.23 31.1.24 31.1.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013284522023-01-31013284522024-01-31013284522023-02-012024-01-31013284522022-01-31013284522022-02-012023-01-31013284522023-01-3101328452ns15:EnglandWales2023-02-012024-01-3101328452ns14:PoundSterling2023-02-012024-01-3101328452ns10:Director12023-02-012024-01-3101328452ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3101328452ns10:SmallEntities2023-02-012024-01-3101328452ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3101328452ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3101328452ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3101328452ns10:FullAccounts2023-02-012024-01-3101328452ns10:Director22023-02-012024-01-3101328452ns10:CompanySecretary12023-02-012024-01-3101328452ns10:RegisteredOffice2023-02-012024-01-3101328452ns5:CurrentFinancialInstruments2024-01-3101328452ns5:CurrentFinancialInstruments2023-01-3101328452ns5:ShareCapital2024-01-3101328452ns5:ShareCapital2023-01-3101328452ns5:RetainedEarningsAccumulatedLosses2024-01-3101328452ns5:RetainedEarningsAccumulatedLosses2023-01-31
REGISTERED NUMBER: 01328452 (England and Wales)















Unaudited Financial Statements

For The Year Ended 31 January 2024

for

Aimtarn Limited

Aimtarn Limited (Registered number: 01328452)






Contents of the Financial Statements
For The Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aimtarn Limited

Company Information
For The Year Ended 31 January 2024







DIRECTORS: Mr I M H Keshwani
Mrs N Keshwani





SECRETARY: Mr I M H Keshwani





REGISTERED OFFICE: Flat 5
2 Erskine Road
Hampstead
London
NW3 3AJ





REGISTERED NUMBER: 01328452 (England and Wales)





ACCOUNTANTS: RNS Business Solutions Limited
Chartered Accountants
276 Preston Road
Harrow
Middlesex
HA3 0QA

Aimtarn Limited (Registered number: 01328452)

Balance Sheet
31 January 2024

31/1/24 31/1/23
Notes £    £   

CREDITORS
Amounts falling due within one year 4 (102,128 ) (101,642 )
NET CURRENT LIABILITIES (102,128 ) (101,642 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(102,128

)

(101,642

)

CAPITAL AND RESERVES
Called up share capital 198 198
Profit and loss account (102,326 ) (101,840 )
SHAREHOLDERS' FUNDS (102,128 ) (101,642 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





Mr I M H Keshwani - Director


Aimtarn Limited (Registered number: 01328452)

Notes to the Financial Statements
For The Year Ended 31 January 2024

1. STATUTORY INFORMATION

Aimtarn 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Going concern
The financial statements have been prepared under the going concern basis as the directors believe that they have enough resources to support the current operation as an investment company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Aimtarn Limited (Registered number: 01328452)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2024

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Other creditors 102,128 101,642

5. RELATED PARTY DISCLOSURES

Included in creditors is an amount due to director £101,528 (2023: £101,042). The outstanding loan due is interest free and payable on demand.

6. FREEHOLD INTEREST

The company has a freehold interest in a property from which it receives ground rent. As there is no cost attached to this investment it is not shown in the balance sheet.