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COMPANY REGISTRATION NUMBER: 12032605
Aes Business Solutions Ltd
Filleted Unaudited Financial Statements
30 June 2025
Aes Business Solutions Ltd
Statement of Financial Position
30 June 2025
2025
2024
Note
£
£
Fixed assets
Tangible assets
5
601
250
Current assets
Debtors
6
151,201
104,599
Cash at bank and in hand
18,544
21,037
---------
---------
169,745
125,636
Creditors: amounts falling due within one year
7
127,102
89,772
---------
---------
Net current assets
42,643
35,864
--------
--------
Total assets less current liabilities
43,244
36,114
Creditors: amounts falling due after more than one year
8
1,134
11,606
--------
--------
Net assets
42,110
24,508
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
42,010
24,408
--------
--------
Shareholders funds
42,110
24,508
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Aes Business Solutions Ltd
Statement of Financial Position (continued)
30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 28 August 2025 , and are signed on behalf of the board by:
Mr A J Williamson
Mrs A S Williamson
Director
Director
Company registration number: 12032605
Aes Business Solutions Ltd
Notes to the Financial Statements
Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 15 Cae Bryn, Garth, Llangollen, LL20 7DQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% reducing balance
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 24 (2024: 21 ).
5. Tangible assets
Equipment
£
Cost
At 1 July 2024
594
Additions
666
Disposals
( 274)
----
At 30 June 2025
986
----
Depreciation
At 1 July 2024
344
Charge for the year
200
Disposals
( 159)
----
At 30 June 2025
385
----
Carrying amount
At 30 June 2025
601
----
At 30 June 2024
250
----
6. Debtors
2025
2024
£
£
Trade debtors
151,031
104,441
Other debtors
170
158
---------
---------
151,201
104,599
---------
---------
7. Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,223
9,974
Social security and other taxes
63,118
41,349
Pension Control account
712
511
Other creditors
53,049
37,938
---------
--------
127,102
89,772
---------
--------
8. Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
1,134
11,606
-------
--------
9. Directors' advances, credits and guarantees
In the year the directors operated a loan account with the company. The opening balance was £29,900 (2024 £29,900) and the closing balance was £41,900 (2024 £29,900). The loan is interest free and repayable upon demand.