Silverfin false false 30/11/2024 01/12/2023 30/11/2024 Mrs J Bartrum-Lang 19/10/2023 Mrs S M Bodington 04/04/2007 Mr J R Bodington 05/10/2006 Mr S Boyce 19/10/2023 Mr A Brooks 19/10/2023 Mr F A Hall 16/04/2024 19/03/2007 29 August 2025 The principal activity of the company is that of energy consultants. 05929820 2024-11-30 05929820 bus:Director1 2024-11-30 05929820 bus:Director2 2024-11-30 05929820 bus:Director3 2024-11-30 05929820 bus:Director4 2024-11-30 05929820 bus:Director5 2024-11-30 05929820 bus:Director6 2024-11-30 05929820 2023-11-30 05929820 core:CurrentFinancialInstruments 2024-11-30 05929820 core:CurrentFinancialInstruments 2023-11-30 05929820 core:Non-currentFinancialInstruments 2024-11-30 05929820 core:Non-currentFinancialInstruments 2023-11-30 05929820 core:ShareCapital 2024-11-30 05929820 core:ShareCapital 2023-11-30 05929820 core:RetainedEarningsAccumulatedLosses 2024-11-30 05929820 core:RetainedEarningsAccumulatedLosses 2023-11-30 05929820 core:Vehicles 2023-11-30 05929820 core:OfficeEquipment 2023-11-30 05929820 core:Vehicles 2024-11-30 05929820 core:OfficeEquipment 2024-11-30 05929820 bus:OrdinaryShareClass1 2024-11-30 05929820 2023-12-01 2024-11-30 05929820 bus:FilletedAccounts 2023-12-01 2024-11-30 05929820 bus:SmallEntities 2023-12-01 2024-11-30 05929820 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 05929820 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05929820 bus:Director1 2023-12-01 2024-11-30 05929820 bus:Director2 2023-12-01 2024-11-30 05929820 bus:Director3 2023-12-01 2024-11-30 05929820 bus:Director4 2023-12-01 2024-11-30 05929820 bus:Director5 2023-12-01 2024-11-30 05929820 bus:Director6 2023-12-01 2024-11-30 05929820 core:Vehicles core:TopRangeValue 2023-12-01 2024-11-30 05929820 core:OfficeEquipment core:TopRangeValue 2023-12-01 2024-11-30 05929820 2022-12-01 2023-11-30 05929820 core:Vehicles 2023-12-01 2024-11-30 05929820 core:OfficeEquipment 2023-12-01 2024-11-30 05929820 core:CurrentFinancialInstruments 2023-12-01 2024-11-30 05929820 core:Non-currentFinancialInstruments 2023-12-01 2024-11-30 05929820 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 05929820 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 05929820 (England and Wales)

AES COMPLIANCE AND TESTING LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

AES COMPLIANCE AND TESTING LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

AES COMPLIANCE AND TESTING LIMITED

BALANCE SHEET

As at 30 November 2024
AES COMPLIANCE AND TESTING LIMITED

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 127,088 202,664
127,088 202,664
Current assets
Debtors 4 613,619 2,625,087
Cash at bank and in hand 28,550 16,805
642,169 2,641,892
Creditors: amounts falling due within one year 5 ( 142,489) ( 881,572)
Net current assets 499,680 1,760,320
Total assets less current liabilities 626,768 1,962,984
Creditors: amounts falling due after more than one year 6 ( 20,001) ( 30,839)
Provision for liabilities ( 23,609) ( 50,666)
Net assets 583,158 1,881,479
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 583,058 1,881,379
Total shareholder's funds 583,158 1,881,479

For the financial year ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of AES Compliance and Testing Limited (registered number: 05929820) were approved and authorised for issue by the Board of Directors on 29 August 2025. They were signed on its behalf by:

Mr A Brooks
Director
AES COMPLIANCE AND TESTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
AES COMPLIANCE AND TESTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

AES Compliance and Testing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 4b Oaklands Court Tiverton Way, Tiverton Business Park, Tiverton, EX16 6TG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles 3 years straight line
Office equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 38 31

3. Tangible assets

Vehicles Office equipment Total
£ £ £
Cost
At 01 December 2023 138,784 252,627 391,411
Additions 15,578 26,214 41,792
Disposals ( 74,335) 0 ( 74,335)
At 30 November 2024 80,027 278,841 358,868
Accumulated depreciation
At 01 December 2023 57,864 130,883 188,747
Charge for the financial year 49,501 53,418 102,919
Disposals ( 59,886) 0 ( 59,886)
At 30 November 2024 47,479 184,301 231,780
Net book value
At 30 November 2024 32,548 94,540 127,088
At 30 November 2023 80,920 121,744 202,664

4. Debtors

2024 2023
£ £
Amounts owed by Group undertakings 581,323 2,597,196
Prepayments and accrued income 28,797 26,962
VAT recoverable 3,499 0
Other debtors 0 929
613,619 2,625,087

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 10,000 10,000
Trade creditors 20,518 43,612
Amounts owed to Group undertakings 0 667,278
Accruals 31,972 29,822
Corporation tax 0 82,538
Other taxation and social security 58,945 23,732
Obligations under finance leases and hire purchase contracts 14,248 9,053
Other creditors 6,806 15,537
142,489 881,572

The obligations under hire purchase contracts are secured against the asset to which they relate.

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 5,833 15,833
Obligations under finance leases and hire purchase contracts 14,168 15,006
20,001 30,839

The obligations under hire purchase contracts are secured against the asset to which they relate.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100