Company registration number 12531293 (England and Wales)
AACO Holdings Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 28 February 2025
PAGES FOR FILING WITH REGISTRAR
AACO Holdings Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
AACO Holdings Ltd
Statement Of Financial Position
as at 28 February 2025
28 February 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
10,200
10,200
Current assets
Debtors
445,874
585,227
Cash at bank and in hand
281,837
1,161
727,711
586,388
Creditors: amounts falling due within one year
(1,900)
(1,900)
Net current assets
725,811
584,488
Total assets less current liabilities
736,011
594,688
Capital and reserves
Called up share capital
10,000
10,000
Profit and loss reserves
726,011
584,688
Total equity
736,011
594,688
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 15 April 2025 and are signed on its behalf by:
A Welke
Director
Company Registration No. 12531293
AACO Holdings Ltd
Notes to the Financial Statements
for the year ended 28 February 2025
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
Turnover
Dividend income from investments is recognised when the shareholder's right to receive payment has been established.
Fixed asset investments
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
3
Fixed asset investments
Shares in group undertakings
£
Cost or valuation
At 1 March 2024 & 28 February 2025
10,200
Carrying amount
At 28 February 2025
10,200
At 29 February 2024
10,200
AACO Holdings Ltd
Notes to the Financial Statements (continued)
for the year ended 28 February 2025
3
Fixed asset investments
(continued)
- 3 -
Details of the company's subsidiaries at 28 February 2025 are as follows:
Name of undertaking Nature of business Class of shares held % held direct
NAC (Domestic Appliances) Ltd Domestic appliance repairs Ordinary £1 shares 100.00
Advertwise Ltd Dormant company Ordinary £1 shares 100.00
Spares4appliances Ltd Mail order of appliance parts Ordinary £1 shares 100.00