REGISTERED NUMBER: 05790290

AIDING INDEPENDENCE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Thompson

Mr B Doust

REGISTERED OFFICE:

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

REGISTERED NUMBER:

05790290

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

4

175,557

262,083

CURRENT ASSETS

Debtors

5

259,824

259,377

Cash at bank and in hand

189,423

235,710

449,247

495,087

CREDITORS

Amounts falling due within one year

6

(125,925

)

(130,177

)

NET CURRENT ASSETS

323,322

364,910

TOTAL ASSETS LESS CURRENT LIABILITIES

498,879

626,993

CREDITORS

Amounts falling due after more than one year

7

(132,661

)

(218,558

)

NET ASSETS

366,218

408,435

CAPITAL AND RESERVES

Called up share capital

250

250

Retained earnings

365,968

408,185

SHAREHOLDERS' FUNDS

366,218

408,435

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

Mrs H E Edge - Director

1.	STATUTORY INFORMATION

Aiding Independence Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

Freehold property

- 2% on straight line basis

Fixtures and fittings

- 15% on reducing balance

Motor vehicles

- 25% on reducing balance

Computer equipment

- 25% on reducing balance

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 55 (2023 - 58 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Fixture &

property

machinery

Fittings

£

£

£

COST

At 1 January 2024

228,264

105,995

7,717

Additions

-

-

-

Disposals

(87,467

)

-

-

At 31 December 2024

140,797

105,995

7,717

DEPRECIATION

At 1 January 2024

41,088

50,665

5,512

Charge for year

2,815

8,299

331

Eliminated on disposal

(15,744

)

-

-

At 31 December 2024

28,159

58,964

5,843

NET BOOK VALUE

At 31 December 2024

112,638

47,031

1,874

At 31 December 2023

187,176

55,330

2,205

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

32,660

11,199

385,835

Additions

-

1,313

1,313

Disposals

-

-

(87,467

)

At 31 December 2024

32,660

12,512

299,681

DEPRECIATION

At 1 January 2024

17,312

9,175

123,752

Charge for year

3,837

834

16,116

Eliminated on disposal

-

-

(15,744

)

At 31 December 2024

21,149

10,009

124,124

NET BOOK VALUE

At 31 December 2024

11,511

2,503

175,557

At 31 December 2023

15,348

2,024

262,083

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

182,329

181,450

Sundry debtors

77,495

77,927

259,824

259,377

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

7,563

7,563

Corporation Tax

53,643

59,892

Social security and other taxes

42,275

40,385

Company credit card

104

105

Drop in grant centre

5,603

5,603

Directors' current accounts

101

670

Deferred income

14,539

14,240

Accrued expenses

2,097

1,719

125,925

130,177

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

18,111

13,224

Bank loans more 5 yr by

instalments

114,550

205,334

132,661

218,558

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by

instalments

114,550

205,334

114,550

205,334

8.	SECURED DEBTS

Bank loans of £205,334 (2021: £205,334) are secured on Freehold Property.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors. There is no ultimate controlling party.