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REGISTERED NUMBER: SC532608 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

AIPOS Ltd

AIPOS Ltd (Registered number: SC532608)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AIPOS Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: R W Barclay
J C Reid
J A Gourlay





SECRETARY: J A Gourlay





REGISTERED OFFICE: City Park
368 Alexandra Parade
Glasgow
G31 3AU





REGISTERED NUMBER: SC532608 (Scotland)





ACCOUNTANTS: D.J. Martin & Co.
40/42 Brantwood Avenue
Dundee
Tayside
DD3 6EW

AIPOS Ltd (Registered number: SC532608)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,740 2,272
4,740 2,272

CURRENT ASSETS
Stocks 1,826 11,059
Debtors 6 102,567 47,890
Cash at bank 122,417 38,658
226,810 97,607
CREDITORS
Amounts falling due within one year 7 106,427 64,001
NET CURRENT ASSETS 120,383 33,606
TOTAL ASSETS LESS CURRENT
LIABILITIES

125,123

35,878

CREDITORS
Amounts falling due after more than one year 8 65,958 27,128
NET ASSETS 59,165 8,750

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 58,965 8,550
59,165 8,750

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

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

AIPOS Ltd (Registered number: SC532608)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

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





J A Gourlay - Director


AIPOS Ltd (Registered number: SC532608)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

AIPOS Ltd is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

AIPOS Ltd (Registered number: SC532608)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 20,000
AMORTISATION
At 1 September 2023
and 31 August 2024 20,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 2,957
Additions 3,586
At 31 August 2024 6,543
DEPRECIATION
At 1 September 2023 685
Charge for year 1,118
At 31 August 2024 1,803
NET BOOK VALUE
At 31 August 2024 4,740
At 31 August 2023 2,272

AIPOS Ltd (Registered number: SC532608)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 101,938 43,199
Other debtors 629 4,691
102,567 47,890

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 7,973 7,973
Trade creditors 19,598 8,133
Taxation and social security 78,856 15,933
Other creditors - 31,962
106,427 64,001

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 65,958 27,128