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REGISTERED NUMBER: 09384091 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

AIMHUB LTD

AIMHUB LTD (REGISTERED NUMBER: 09384091)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AIMHUB LTD

COMPANY INFORMATION
for the Year Ended 31st January 2024







DIRECTOR: Mr A S Reeves





REGISTERED OFFICE: 100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 09384091 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

AIMHUB LTD (REGISTERED NUMBER: 09384091)

BALANCE SHEET
31st January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,367 2,786

CURRENT ASSETS
Debtors 5 32,600 37,298
Cash at bank 89 129
32,689 37,427
CREDITORS
Amounts falling due within one year 6 (42,934 ) (43,859 )
NET CURRENT LIABILITIES (10,245 ) (6,432 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,878

)

(3,646

)

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings (7,879 ) (3,647 )
SHAREHOLDERS' FUNDS (7,878 ) (3,646 )

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

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

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 and authorised for issue by the director and authorised for issue on 24th October 2024 and were signed by:





Mr A S Reeves - Director


AIMHUB LTD (REGISTERED NUMBER: 09384091)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2024


1. STATUTORY INFORMATION

Aimhub Ltd is a private company limited by share capital, incorporated in England and Wales, registration number 09384091. The address of the registered office is 100 Barbirolli Square, Manchester, M2 3BD and principal place of business is Dove Stone House, Holmfirth Road, Saddleworth, OL3 7NN.

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.

At the reporting date, the company's liabilities exceed its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of approval of these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover principally consists of the selling of investment products.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Fixture and fittings-15% on reducing balance
Computer Equipment-15% on reducing balance

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Trade and other debtors/creditors
Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

AIMHUB LTD (REGISTERED NUMBER: 09384091)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st February 2023
and 31st January 2024 3,808 22,175 25,983
DEPRECIATION
At 1st February 2023 2,870 20,327 23,197
Charge for year 141 278 419
At 31st January 2024 3,011 20,605 23,616
NET BOOK VALUE
At 31st January 2024 797 1,570 2,367
At 31st January 2023 938 1,848 2,786

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 32,600 37,298

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 42,044 43,199
Other creditors 890 660
42,934 43,859

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1.00 1 1