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REGISTERED NUMBER: 10409006 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

AIMROK HOLDINGS LTD

AIMROK HOLDINGS LTD (REGISTERED NUMBER: 10409006)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AIMROK HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: A Copithorne Crainey
J M Sobey





REGISTERED OFFICE: 15 West Street
Brighton
East Sussex
BN1 2RL





REGISTERED NUMBER: 10409006 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
15 West Street
Brighton
East Sussex
BN1 2RL

AIMROK HOLDINGS LTD (REGISTERED NUMBER: 10409006)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 3 344,498 516,746
Investment property 4 17,949,736 17,949,736
18,294,234 18,466,482

CURRENT ASSETS
Debtors 5 871,434 588,101
Cash at bank 9,209 35,792
880,643 623,893
CREDITORS
Amounts falling due within one year 6 8,028,891 7,377,791
NET CURRENT LIABILITIES (7,148,248 ) (6,753,898 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,145,986

11,712,584

CREDITORS
Amounts falling due after more than one
year

7

13,800,000

13,800,000
NET LIABILITIES (2,654,014 ) (2,087,416 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (2,654,015 ) (2,087,417 )
(2,654,014 ) (2,087,416 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:




J M Sobey - Director


AIMROK HOLDINGS LTD (REGISTERED NUMBER: 10409006)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Turnover
Turnover represents the following types of income
- Rental income
- Income from the sale of properties

All income is recognised on a receivable basis.

2. EMPLOYEES AND DIRECTORS

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

3. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2023
and 30 April 2024 688,994
DEPRECIATION
At 1 May 2023 172,248
Charge for year 172,248
At 30 April 2024 344,496
NET BOOK VALUE
At 30 April 2024 344,498
At 30 April 2023 516,746

AIMROK HOLDINGS LTD (REGISTERED NUMBER: 10409006)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 17,949,736
NET BOOK VALUE
At 30 April 2024 17,949,736
At 30 April 2023 17,949,736

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 97,711 44,797
Other debtors 741,565 491,565
VAT - 7,129
Accrued income 6,524 7,785
Prepayments 25,634 36,825
871,434 588,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 29,532 259,516
Amounts owed to group undertakings 6,045,526 4,936,090
VAT 104,131 -
Other creditors 1,435,455 1,785,456
Directors' loan accounts 387,122 387,122
Accruals and deferred income 27,125 9,607
8,028,891 7,377,791

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 13,800,000 13,800,000

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 April 2024, the company owed A Copithorne Crainey £387,122 (2023: £387,122). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

AIMROK HOLDINGS LTD (REGISTERED NUMBER: 10409006)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. RELATED PARTY DISCLOSURES

Carpe Ventures Ltd
Carpe Ventures Ltd is a company controlled by director Jason Sobey.

At year end date 30 April 2024, Carpe Ventures Ltd was owed £514,188 by Aimrok Holdings Ltd. All transactions were undertaken on a commercial arms length basis and any outstanding amounts are interest free and repayable on demand.


Erban Gap Limited
Erban Gap Limited is a company controlled by director Andrew Copithorne Crainey.

At year end date 30 April 2024, Erban Gap Limited was owed £127,067 by Aimrok Holdings Ltd. All transactions were undertaken on a commercial arms length basis and any outstanding amounts are interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Jason Sobey and Andrew Crainey who jointly control over 50% due to their shareholdings in the group structure.