2023-06-012024-05-312024-05-31false13425881AHO2 LIMITED2025-02-25falseiso4217:GBPxbrli:pure134258812023-06-01134258812024-05-31134258812023-06-012024-05-31134258812022-06-01134258812023-05-31134258812022-06-012023-05-3113425881bus:SmallEntities2023-06-012024-05-3113425881bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3113425881bus:FullAccounts2023-06-012024-05-3113425881bus:PrivateLimitedCompanyLtd2023-06-012024-05-3113425881core:WithinOneYear2024-05-3113425881core:AfterOneYear2024-05-3113425881core:WithinOneYear2023-05-3113425881core:AfterOneYear2023-05-3113425881core:ShareCapital2024-05-3113425881core:SharePremium2024-05-3113425881core:RevaluationReserve2024-05-3113425881core:OtherReservesSubtotal2024-05-3113425881core:RetainedEarningsAccumulatedLosses2024-05-3113425881core:ShareCapital2023-05-3113425881core:SharePremium2023-05-3113425881core:RevaluationReserve2023-05-3113425881core:OtherReservesSubtotal2023-05-3113425881core:RetainedEarningsAccumulatedLosses2023-05-3113425881core:LandBuildings2024-05-3113425881core:PlantMachinery2024-05-3113425881core:Vehicles2024-05-3113425881core:FurnitureFittings2024-05-3113425881core:OfficeEquipment2024-05-3113425881core:NetGoodwill2024-05-3113425881core:IntangibleAssetsOtherThanGoodwill2024-05-3113425881core:ListedExchangeTraded2024-05-3113425881core:UnlistedNon-exchangeTraded2024-05-3113425881core:LandBuildings2023-05-3113425881core:PlantMachinery2023-05-3113425881core:Vehicles2023-05-3113425881core:FurnitureFittings2023-05-3113425881core:OfficeEquipment2023-05-3113425881core:NetGoodwill2023-05-3113425881core:IntangibleAssetsOtherThanGoodwill2023-05-3113425881core:ListedExchangeTraded2023-05-3113425881core:UnlistedNon-exchangeTraded2023-05-3113425881core:LandBuildings2023-06-012024-05-3113425881core:PlantMachinery2023-06-012024-05-3113425881core:Vehicles2023-06-012024-05-3113425881core:FurnitureFittings2023-06-012024-05-3113425881core:OfficeEquipment2023-06-012024-05-3113425881core:NetGoodwill2023-06-012024-05-3113425881core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3113425881core:ListedExchangeTraded2023-06-012024-05-3113425881core:UnlistedNon-exchangeTraded2023-06-012024-05-3113425881core:MoreThanFiveYears2023-06-012024-05-3113425881core:Non-currentFinancialInstruments2024-05-3113425881core:Non-currentFinancialInstruments2023-05-3113425881dpl:CostSales2023-06-012024-05-3113425881dpl:DistributionCosts2023-06-012024-05-3113425881core:LandBuildings2023-06-012024-05-3113425881core:PlantMachinery2023-06-012024-05-3113425881core:Vehicles2023-06-012024-05-3113425881core:FurnitureFittings2023-06-012024-05-3113425881core:OfficeEquipment2023-06-012024-05-3113425881dpl:AdministrativeExpenses2023-06-012024-05-3113425881core:NetGoodwill2023-06-012024-05-3113425881core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3113425881dpl:GroupUndertakings2023-06-012024-05-3113425881dpl:ParticipatingInterests2023-06-012024-05-3113425881dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3113425881core:ListedExchangeTraded2023-06-012024-05-3113425881dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3113425881core:UnlistedNon-exchangeTraded2023-06-012024-05-3113425881dpl:CostSales2022-06-012023-05-3113425881dpl:DistributionCosts2022-06-012023-05-3113425881core:LandBuildings2022-06-012023-05-3113425881core:PlantMachinery2022-06-012023-05-3113425881core:Vehicles2022-06-012023-05-3113425881core:FurnitureFittings2022-06-012023-05-3113425881core:OfficeEquipment2022-06-012023-05-3113425881dpl:AdministrativeExpenses2022-06-012023-05-3113425881core:NetGoodwill2022-06-012023-05-3113425881core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3113425881dpl:GroupUndertakings2022-06-012023-05-3113425881dpl:ParticipatingInterests2022-06-012023-05-3113425881dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3113425881core:ListedExchangeTraded2022-06-012023-05-3113425881dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3113425881core:UnlistedNon-exchangeTraded2022-06-012023-05-3113425881core:NetGoodwill2024-05-3113425881core:IntangibleAssetsOtherThanGoodwill2024-05-3113425881core:LandBuildings2024-05-3113425881core:PlantMachinery2024-05-3113425881core:Vehicles2024-05-3113425881core:FurnitureFittings2024-05-3113425881core:OfficeEquipment2024-05-3113425881core:AfterOneYear2024-05-3113425881core:WithinOneYear2024-05-3113425881core:ListedExchangeTraded2024-05-3113425881core:UnlistedNon-exchangeTraded2024-05-3113425881core:ShareCapital2024-05-3113425881core:SharePremium2024-05-3113425881core:RevaluationReserve2024-05-3113425881core:OtherReservesSubtotal2024-05-3113425881core:RetainedEarningsAccumulatedLosses2024-05-3113425881core:NetGoodwill2023-05-3113425881core:IntangibleAssetsOtherThanGoodwill2023-05-3113425881core:LandBuildings2023-05-3113425881core:PlantMachinery2023-05-3113425881core:Vehicles2023-05-3113425881core:FurnitureFittings2023-05-3113425881core:OfficeEquipment2023-05-3113425881core:AfterOneYear2023-05-3113425881core:WithinOneYear2023-05-3113425881core:ListedExchangeTraded2023-05-3113425881core:UnlistedNon-exchangeTraded2023-05-3113425881core:ShareCapital2023-05-3113425881core:SharePremium2023-05-3113425881core:RevaluationReserve2023-05-3113425881core:OtherReservesSubtotal2023-05-3113425881core:RetainedEarningsAccumulatedLosses2023-05-3113425881core:NetGoodwill2022-06-0113425881core:IntangibleAssetsOtherThanGoodwill2022-06-0113425881core:LandBuildings2022-06-0113425881core:PlantMachinery2022-06-0113425881core:Vehicles2022-06-0113425881core:FurnitureFittings2022-06-0113425881core:OfficeEquipment2022-06-0113425881core:AfterOneYear2022-06-0113425881core:WithinOneYear2022-06-0113425881core:ListedExchangeTraded2022-06-0113425881core:UnlistedNon-exchangeTraded2022-06-0113425881core:ShareCapital2022-06-0113425881core:SharePremium2022-06-0113425881core:RevaluationReserve2022-06-0113425881core:OtherReservesSubtotal2022-06-0113425881core:RetainedEarningsAccumulatedLosses2022-06-0113425881core:AfterOneYear2023-06-012024-05-3113425881core:WithinOneYear2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3113425881core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3113425881core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3113425881core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3113425881core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3113425881core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3113425881core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3113425881core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3113425881core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3113425881core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3113425881core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3113425881core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3113425881core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3113425881core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3113425881core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3113425881core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3113425881core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3113425881core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3113425881core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3113425881bus:Director12023-06-012024-05-3113425881core:FurnitureFittingsToolsEquipment2023-05-3113425881core:FurnitureFittingsToolsEquipment2024-05-3113425881core:FurnitureFittingsToolsEquipment2023-06-012024-05-31

AHO2 LIMITED

Registered Number
13425881
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

AHO2 LIMITED
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

SYED, Erum

Company Secretary

SAYED, Shabiha

Registered Address

30 Compton Avenue
Wembley
HA0 3FD

Registered Number

13425881 (England and Wales)
AHO2 LIMITED
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets37,0008,000
Tangible assets421,71128,949
28,71136,949
Current assets
Stocks58,5007,650
Debtors656,62548,357
Cash at bank and on hand53,77810,224
118,90366,231
Creditors amounts falling due within one year7(131,818)(105,987)
Net current assets (liabilities)(12,915)(39,756)
Total assets less current liabilities15,796(2,807)
Creditors amounts falling due after one year8(10,026)(16,696)
Provisions for liabilities9(5,428)(7,120)
Net assets342(26,623)
Capital and reserves
Called up share capital100100
Profit and loss account242(26,723)
Shareholders' funds342(26,623)
The financial statements were approved and authorised for issue by the Director on 25 February 2025, and are signed on its behalf by:
SYED, Erum
Director
Registered Company No. 13425881
AHO2 LIMITED
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Revenue from rendering of services
Revenue 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Franchise Fee is amortised for 10 years straight line.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-10
Plant and machinery25-
Fixtures and fittings25-
Office Equipment-3
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year66
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 June 2310,00010,000
At 31 May 2410,00010,000
Amortisation and impairment
At 01 June 232,0002,000
Charge for year1,0001,000
At 31 May 243,0003,000
Net book value
At 31 May 247,0007,000
At 31 May 238,0008,000
4.Tangible fixed assets

Land & buildings

Plant & machinery

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 June 235,85030,2734,2773,26443,664
At 31 May 245,85030,2734,2773,26443,664
Depreciation and impairment
At 01 June 2382910,7351,5111,64014,715
Charge for year5854,8856911,0777,238
At 31 May 241,41415,6202,2022,71721,953
Net book value
At 31 May 244,43614,6532,07554721,711
At 31 May 235,02119,5382,7661,62428,949
5.Stocks

2024

2023

££
Raw materials and consumables8,5007,650
Total8,5007,650
6.Debtors: amounts due within one year

2024

2023

££
Amounts owed by group undertakings32,174-
Other debtors18,70039,755
Prepayments and accrued income5,7518,602
Total56,62548,357
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables13,89918,435
Bank borrowings and overdrafts8,3868,386
Amounts owed to related parties30,48837,314
Taxation and social security45,77218,494
Other creditors33,27323,358
Total131,818105,987
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts10,02616,696
Total10,02616,696
9.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)5,4287,120
Total5,4287,120
10.Directors advances, credits and guarantees
Included in other creditors is an amount of £22,652 (2023: £13,798) which relates to director's loan account Mrs. Erum Syed.
11.Related party transactions
At the year-end, Amounts owed by/to group undertakings balance include £488 (2023: £488) due to Syed Group Holdings Limited and £15,000 (2023: £15,000) due to Ahem ! Ltd and £15,000 (2023: £Nil) due to Sub Corp Ltd and £23,500 (2023: £Nil) due from AHO3 Ltd and £8,674 (2023: £21,826) due from AHO Ltd, where Mr. M B Syed is director of Syed Group Holdings Ltd and Ahem ! Ltd and Mr. A Syed is the director of AHO Ltd. Included in other creditors is an amount of £178 (2023: £178) which relates to Ahem (UK) Ltd, where Mr. M B Syed is also director of the company.