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Registered number: 09946234
Aethos Business Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Blue Dot Consulting Limited
Chartered Accountants
Bedford House
Fulham Green
London
SW6 3JW
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09946234
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,740 5,162
Investments 5 264,552 234,552
268,292 239,714
CURRENT ASSETS
Debtors 6 220,159 375,662
Cash at bank and in hand 373,845 499,410
594,004 875,072
Creditors: Amounts Falling Due Within One Year 7 (142,321 ) (460,617 )
NET CURRENT ASSETS (LIABILITIES) 451,683 414,455
TOTAL ASSETS LESS CURRENT LIABILITIES 719,975 654,169
NET ASSETS 719,975 654,169
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 719,974 654,168
SHAREHOLDERS' FUNDS 719,975 654,169
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For the year ending 31 March 2024 the company was entitled to exemption from audit 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Cherian Thomas
Director
22nd November 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Aethos Business Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09946234 . The registered office is 23 Buckingham Gate, London, SW1E 6LB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Significant judgements and estimations
In preparing these financial statements, management is required to make judgements, estimates and assumptions which affect expected reported income, expenses, assets and liabilities and disclosure of contingent assets and liabilities. Use of available information and application of judgement are inherent in the formation of estimates, together with past experience and expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates.
Management do not consider the Company to have any key sources of estimation uncertainty nor significant judgements or assumptions in preparing these financial statements.
2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by 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.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 4 years straight line
2.5. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2.10. Investments
Investments relate to investments in an unlisted entities which are stated at cost less impairment. At each balance sheet date, the investment is assessed for indicators of impairment and where there are indicators of impairment, the recoverable amount is assessed. 
If the recoverable amount is less than the carrying amount, the investment is written down to the recoverable amount by way of an impairment loss which is recognised in profit or loss. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 6,226
As at 31 March 2024 6,226
Depreciation
As at 1 April 2023 1,064
Provided during the period 1,422
As at 31 March 2024 2,486
Net Book Value
As at 31 March 2024 3,740
As at 1 April 2023 5,162
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5. Investments
Other
£
Cost
As at 1 April 2023 234,552
Additions 30,000
As at 31 March 2024 264,552
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 264,552
As at 1 April 2023 234,552
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 116,948 302,589
Other debtors 103,211 73,073
220,159 375,662
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 23,798 53,062
Other creditors 66,451 357,205
Taxation and social security 52,072 50,350
142,321 460,617
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 35,309 35,309
Later than one year and not later than five years 70,618 105,927
105,927 141,236
10. Directors Advances, Credits and Guarantees
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The director has provided a personal guarantee in respect of a credit facility of £8,000.
11. Ultimate Controlling Party
The company's ultimate controlling party is Cherian Thomas
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