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Company Registration No. 08185548 (England and Wales)
AEM Group (Bristol) Ltd Unaudited accounts for the year ended 31 August 2024
AEM Group (Bristol) Ltd Unaudited accounts Contents
Page
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AEM Group (Bristol) Ltd Company Information for the year ended 31 August 2024
Director
Adam May
Company Number
08185548 (England and Wales)
Registered Office
4 Meadow Mead Yate Bristol England BS37 7UT
Accountants
Chepstow Small Business Accountants Ltd 1 Oak Bluff Pwllmeyric Chepstow Monmouthshire NP16 6JZ
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AEM Group (Bristol) Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
819,092 
947,038 
Current assets
Inventories
267,895 
273,276 
Debtors
816,513 
962,581 
Cash at bank and in hand
656,891 
712,627 
1,741,299 
1,948,484 
Creditors: amounts falling due within one year
(1,066,796)
(1,648,166)
Net current assets
674,503 
300,318 
Total assets less current liabilities
1,493,595 
1,247,356 
Creditors: amounts falling due after more than one year
(541,457)
(100,662)
Net assets
952,138 
1,146,694 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
952,038 
1,146,594 
Shareholders' funds
952,138 
1,146,694 
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 29 May 2025 and were signed on its behalf by
Adam May Director Company Registration No. 08185548
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AEM Group (Bristol) Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
AEM Group (Bristol) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08185548. The registered office is 4 Meadow Mead , Yate , Bristol, England, BS37 7UT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
17%
Motor vehicles
25%
Fixtures & fittings
10%
Computer equipment
25%
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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AEM Group (Bristol) Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
6,396 
1,924,500 
237,017 
21,252 
106,770 
2,295,935 
Additions
3,573 
163,728 
5,491 
6,649 
14,621 
194,062 
At 31 August 2024
9,969 
2,088,228 
242,508 
27,901 
121,391 
2,489,997 
Depreciation
At 1 September 2023
3,047 
1,057,347 
190,241 
10,202 
88,060 
1,348,897 
Charge for the year
986 
275,817 
29,645 
2,243 
13,317 
322,008 
At 31 August 2024
4,033 
1,333,164 
219,886 
12,445 
101,377 
1,670,905 
Net book value
At 31 August 2024
5,936 
755,064 
22,622 
15,456 
20,014 
819,092 
At 31 August 2023
3,349 
867,153 
46,776 
11,050 
18,710 
947,038 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
109,650 
129,425 
Trade debtors
687,047 
811,232 
Other debtors
4,566 
6,674 
801,263 
947,331 
Amounts falling due after more than one year
Other debtors
15,250 
15,250 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
254,912 
240,363 
Obligations under finance leases and hire purchase contracts
11,832 
17,748 
Trade creditors
782,051 
1,338,772 
Taxes and social security
12,895 
47,172 
Other creditors
5,106 
4,111 
1,066,796 
1,648,166 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
8,874 
20,706 
Trade creditors
532,583 
79,956 
541,457 
100,662 
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AEM Group (Bristol) Ltd Notes to the Accounts for the year ended 31 August 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 33 (2023: 30).
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