AARONITE LIMITED

Company Registration Number:
12418932 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

AARONITE LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AARONITE LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Olusegun David Oluranti
Registered office: 75
Thompson Gardens
Smethwick
England
B67 6RY
Company Registration Number: 12418932 (England and Wales)

AARONITE LIMITED

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Olusegun David Oluranti

This report was approved by the board of directors on 30 October 2024
And Signed On Behalf Of The Board By:

Name: Olusegun David Oluranti
Status: Director

AARONITE LIMITED

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 43,650 40,480
Cost of sales ( 17,100 ) ( 16,405 )
Gross Profit or (Loss) 26,550 24,075
Administrative Expenses ( 25,795 ) ( 23,447 )
Operating Profit or (Loss) 755 628
Profit or (Loss) Before Tax 755 628
Tax on Profit ( 219 ) ( 195 )
Profit or (Loss) for Period 536 433

The notes form part of these financial statements

AARONITE LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 22,852 800
Total fixed assets: 22,852 800
Current assets
Debtors: 5 29,129
Cash at bank and in hand: 1 322
Total current assets: 1 29,451
Creditors: amounts falling due within one year: 6 ( 21,644 ) ( 29,578 )
Net current assets (liabilities): ( 21,643 ) ( 127 )
Total assets less current liabilities: 1,209 673
Total net assets (liabilities): 1,209 673

The notes form part of these financial statements

AARONITE LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,208 672
Shareholders funds: 1,209 673

For the year ending 31 January 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 October 2024
And Signed On Behalf Of The Board By:

Name: Olusegun David Oluranti
Status: Director

The notes form part of these financial statements

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2023 2,000 2,000
Additions 22,452 22,452
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 24,452 24,452
Depreciation
At 01 February 2023 1,200 1,200
Charge for year 400 400
On disposals - -
Other adjustments - -
At 31 January 2024 1,600 1,600
Net book value
At 31 January 2024 22,852 22,852
At 31 January 2023 800 800

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors


2024
£

2023
£
Other debtors 29,129
Total 29,129

AARONITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 21,644 29,578
Total 21,644 29,578