PTP Accounts Production v25.1.3.33 09797407 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097974072023-09-30097974072024-09-30097974072023-10-012024-09-30097974072022-09-30097974072022-10-012023-09-30097974072023-09-3009797407ns15:EnglandWales2023-10-012024-09-3009797407ns14:PoundSterling2023-10-012024-09-3009797407ns10:Director12023-10-012024-09-3009797407ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3009797407ns10:SmallEntities2023-10-012024-09-3009797407ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3009797407ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3009797407ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3009797407ns10:FullAccounts2023-10-012024-09-3009797407ns5:CurrentFinancialInstruments2024-09-3009797407ns5:CurrentFinancialInstruments2023-09-3009797407ns5:Non-currentFinancialInstruments2024-09-3009797407ns5:Non-currentFinancialInstruments2023-09-3009797407ns5:ShareCapital2024-09-3009797407ns5:ShareCapital2023-09-3009797407ns5:RetainedEarningsAccumulatedLosses2024-09-3009797407ns5:RetainedEarningsAccumulatedLosses2023-09-3009797407ns10:RegisteredOffice2023-10-012024-09-3009797407ns5:PlantMachinery2023-09-3009797407ns5:PlantMachinery2023-10-012024-09-3009797407ns5:PlantMachinery2024-09-3009797407ns5:PlantMachinery2023-09-3009797407ns5:AdditionsToInvestments2024-09-3009797407ns5:CostValuation2024-09-3009797407ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-09-3009797407ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-30
REGISTERED NUMBER: 09797407 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th September 2024

for

AAM Business Solutions Ltd

AAM Business Solutions Ltd (Registered number: 09797407)






Contents of the Financial Statements
for the year ended 30th September 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


AAM Business Solutions Ltd (Registered number: 09797407)

Balance Sheet
30th September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 12,453 13,851
Investments 5 250,050 -
262,503 13,851

CURRENT ASSETS
Debtors 6 762,649 537,028
Cash at bank 58,729 83,066
821,378 620,094
CREDITORS
Amounts falling due within one year 7 754,366 470,122
NET CURRENT ASSETS 67,012 149,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

329,515

163,823

CREDITORS
Amounts falling due after more than one year 8 (178,508 ) (36,379 )

PROVISIONS FOR LIABILITIES (3,113 ) (3,462 )
NET ASSETS 147,894 123,982

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 147,892 123,980
SHAREHOLDERS' FUNDS 147,894 123,982

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

AAM Business Solutions Ltd (Registered number: 09797407)

Balance Sheet - continued
30th September 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 25th June 2025 and were signed on its behalf by:





Mr D R Moxham - Director


AAM Business Solutions Ltd (Registered number: 09797407)

Notes to the Financial Statements
for the year ended 30th September 2024

1. STATUTORY INFORMATION

AAM Business Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09797407

Registered office: 1 Offington Lane
Worthing
West Sussex
BN14 9RY

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 FRS102 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, [modified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
value]. The principal accounting policies adopted are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Plant and machinery etc - 15% on reducing balance

Computer equipment - 20% on reducing balance

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.


AAM Business Solutions Ltd (Registered number: 09797407)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st October 2023 27,755
Additions 990
At 30th September 2024 28,745
DEPRECIATION
At 1st October 2023 13,904
Charge for year 2,388
At 30th September 2024 16,292
NET BOOK VALUE
At 30th September 2024 12,453
At 30th September 2023 13,851

AAM Business Solutions Ltd (Registered number: 09797407)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 250,050
At 30th September 2024 250,050
NET BOOK VALUE
At 30th September 2024 250,050

The company holds shares in two unlisted companies, which are recorded under unlisted investments and are stated at cost at the year end.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 665,153 462,089
Other debtors 97,496 74,939
762,649 537,028

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 68,419 33,542
Trade creditors 344,934 237,667
Taxation and social security 78,191 59,767
Other creditors 262,822 139,146
754,366 470,122

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 103,508 36,379
Other creditors 75,000 -
178,508 36,379

9. OTHER FINANCIAL COMMITMENTS

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £57,747 (2023 £12,701).

AAM Business Solutions Ltd (Registered number: 09797407)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company provided the directors with a loan. The balance outstanding at the year end was £80,590 (2023 £73,033). The loan has no formal repayment terms and interest is charged on the loan.