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REGISTERED NUMBER: 08298948 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

AIPF (UK) LIMITED

AIPF (UK) LIMITED (REGISTERED NUMBER: 08298948)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AIPF (UK) LIMITED

Company Information
for the Year Ended 31st March 2024







DIRECTOR: Dr D Harorimana





REGISTERED OFFICE: 89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ





REGISTERED NUMBER: 08298948 (England and Wales)





ACCOUNTANTS: Graham Martin & Co
Accountants
89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ

AIPF (UK) LIMITED (REGISTERED NUMBER: 08298948)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,565 3,669

CURRENT ASSETS
Debtors 5 109,320 126,076

CREDITORS
Amounts falling due within one year 6 45,363 44,683
NET CURRENT ASSETS 63,957 81,393
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,522

85,062

CREDITORS
Amounts falling due after more than one
year

7

(38,167

)

(38,167

)

PROVISIONS FOR LIABILITIES - (697 )
NET ASSETS 28,355 46,198

CAPITAL AND RESERVES
Called up share capital 39,000 39,000
Retained earnings (10,645 ) 7,198
SHAREHOLDERS' FUNDS 28,355 46,198

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

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

AIPF (UK) LIMITED (REGISTERED NUMBER: 08298948)

Balance Sheet - continued
31st March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20th March 2025 and were signed by:





Dr D Harorimana - Director


AIPF (UK) LIMITED (REGISTERED NUMBER: 08298948)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

AIPF (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

AIPF (UK) LIMITED (REGISTERED NUMBER: 08298948)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023 31,106
Disposals (3,131 )
At 31st March 2024 27,975
DEPRECIATION
At 1st April 2023 27,437
Charge for year 856
Eliminated on disposal (2,883 )
At 31st March 2024 25,410
NET BOOK VALUE
At 31st March 2024 2,565
At 31st March 2023 3,669

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by participating interests 109,320 109,320
Other debtors - 16,756
109,320 126,076

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 32,450 31,868
Taxation and social security 1,400 2,670
Other creditors 11,513 10,145
45,363 44,683

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 38,167 38,167

AIPF (UK) LIMITED (REGISTERED NUMBER: 08298948)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
Dr D Harorimana
Balance outstanding at start of year 8,642 10,327
Amounts advanced 89,870 90,222
Amounts repaid (90,000 ) (91,907 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,512 8,642

9. RELATED PARTY DISCLOSURES

At the year ended 31st March 2024 the company was owed monies by AIPF(SI) Limited in the sum of £109,320 (2023: £109,320).

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr D Harorimana.