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
AEM Group (Bristol) Ltd
Company Information
for the year ended 31 August 2024
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
AEM Group (Bristol) Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
819,092
947,038
Inventories
267,895
273,276
Cash at bank and in hand
656,891
712,627
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
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
AEM Group (Bristol) Ltd
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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:
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 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.
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.
AEM Group (Bristol) Ltd
Notes to the Accounts
for the year ended 31 August 2024
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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
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
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
Amounts falling due within one year
Trade debtors
687,047
811,232
Amounts falling due after more than one year
Other debtors
15,250
15,250
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Creditors: amounts falling due within one year
2024
2023
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
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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
AEM Group (Bristol) Ltd
Notes to the Accounts
for the year ended 31 August 2024
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).