Company Registration No. 13411673 (England and Wales)
AAAM Investments Limited
Unaudited accounts
for the year ended 31 May 2024
AAAM Investments Limited
Unaudited accounts
Contents
AAAM Investments Limited
Company Information
for the year ended 31 May 2024
Directors
Ashutosh Chaurasia
Mamta Gupta
Company Number
13411673 (England and Wales)
Registered Office
1 Holywell Close
Orpington
BR6 9XP
England
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
AAAM Investments Limited
Statement of financial position
as at 31 May 2024
Tangible assets
796,845
802,996
Cash at bank and in hand
39,038
194,903
Creditors: amounts falling due within one year
(4,012)
(4,723)
Net current assets
35,026
190,180
Total assets less current liabilities
831,871
993,176
Creditors: amounts falling due after more than one year
(819,394)
(999,400)
Net assets/(liabilities)
12,477
(6,224)
Called up share capital
610
610
Profit and loss account
11,867
(6,834)
Shareholders' funds
12,477
(6,224)
For the year ending 31 May 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 February 2025 and were signed on its behalf by
Ashutosh Chaurasia
Director
Company Registration No. 13411673
AAAM Investments Limited
Notes to the Accounts
for the year ended 31 May 2024
AAAM Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13411673. The registered office is 1 Holywell Close, Orpington, BR6 9XP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% on cost.
Computer equipment
20% on cost.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
AAAM Investments Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
777,800
36,271
297
814,368
At 31 May 2024
777,800
36,921
138
814,859
At 1 June 2023
-
11,313
59
11,372
Charge for the year
-
6,646
28
6,674
At 31 May 2024
-
17,959
55
18,014
At 31 May 2024
777,800
18,962
83
796,845
At 31 May 2023
777,800
24,958
238
802,996
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,012
-
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
819,394
999,400
Allotted, called up and fully paid:
610 Ordinary shares of £1 each
610
610
At 31 May 2024 the company owed £819,396.60/- to director as a result of loans made to the company. The loans are unsecured and interest free.
The directors, controls the company as a result of controlling directly 100% of the issued shares capital.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).