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REGISTERED NUMBER: 11290706 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

AIMAX PROPERTIES LTD

| AIMAX PROPERTIES LTD (REGISTERED NUMBER: 11290706) |

Contents of the Financial Statements

for the year ended 30 April 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| AIMAX PROPERTIES LTD |

Company Information

for the year ended 30 April 2025

| Directors: | Mr A Green

| Mrs J Green

| Registered office: | 23 Algitha Road

| Skegness

| Lincolnshire

| PE25 2AG

| Registered number: | 11290706 (England and Wales)

| Accountants: | Haines Watts

| 23 Algitha Road

| Skegness

| United Kingdom

| PE25 2AG

| AIMAX PROPERTIES LTD (REGISTERED NUMBER: 11290706) |

Statement of Financial Position

30 April 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Intangible assets | 4 | 3,150 |  | - |  |

Tangible assets | 5 | 493 |  | 579 |  |

Investment property | 6 | 877,000 |  | 896,000 |  |

880,643 |  | 896,579 |  |

Current assets

Stocks | 386,904 |  | 472,676 |  |

Debtors | 7 | 1,802 |  | 11,287 |  |

Cash at bank | 460 |  | 3,221 |  |

389,166 |  | 487,184 |  |

Creditors

Amounts falling due within one year | 8 | 481,342 |  | 603,690 |  |

Net current liabilities | (92,176 | ) | (116,506 | ) |

Total assets less current liabilities | 788,467 |  | 780,073 |  |

Creditors

Amounts falling due after more than one year | 9 | 282,116 |  | 301,785 |  |

Net assets | 506,351 |  | 478,288 |  |

Capital and reserves

Called up share capital | 11 | 200 |  | 200 |  |

Retained earnings | 12 | 506,151 |  | 478,088 |  |

Shareholders' funds | 506,351 |  | 478,288 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2025 and were signed on its behalf by:

Mr A Green - Director

| AIMAX PROPERTIES LTD (REGISTERED NUMBER: 11290706) |

Notes to the Financial Statements

for the year ended 30 April 2025

1. | Statutory information

| Aimax Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

| At the year end, the company had net current liabilities of £92,176 compared to £116,506 the previous year. The directors confirm, as they are the largest creditor, they will continue to support the company.

| Turnover

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

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Intangible assets are being amortised evenly over their estimated useful life of ten years.

| 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 | - | 15% on reducing balance

| Computer equipment | - | 15% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| AIMAX PROPERTIES LTD (REGISTERED NUMBER: 11290706) |

Notes to the Financial Statements - continued

for the year ended 30 April 2025

3. | Employees and directors

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | Intangible fixed assets

Other |

intangible |

assets |

| £

| Cost

| Additions | 3,500 |  |

| At 30 April 2025 | 3,500 |  |

| Amortisation

| Charge for year | 350 |  |

| At 30 April 2025 | 350 |  |

| Net book value

| At 30 April 2025 | 3,150 |  |

5. | Tangible fixed assets

Plant and | Computer |

machinery | equipment | Totals |

| £ | £ | £

| Cost

| At 1 May 2024

| and 30 April 2025 | 800 |  | 596 |  | 1,396 |  |

| Depreciation

| At 1 May 2024 | 445 |  | 372 |  | 817 |  |

| Charge for year | 53 |  | 33 |  | 86 |  |

| At 30 April 2025 | 498 |  | 405 |  | 903 |  |

| Net book value

| At 30 April 2025 | 302 |  | 191 |  | 493 |  |

| At 30 April 2024 | 355 |  | 224 |  | 579 |  |

6. | Investment property

Total |

| £

| Fair value

| At 1 May 2024 | 896,000 |  |

| Revaluations | (19,000 | ) |

| At 30 April 2025 | 877,000 |  |

| Net book value

| At 30 April 2025 | 877,000 |  |

| At 30 April 2024 | 896,000 |  |

| AIMAX PROPERTIES LTD (REGISTERED NUMBER: 11290706) |

Notes to the Financial Statements - continued

for the year ended 30 April 2025

6. | Investment property - continued

| Fair value at 30 April 2025 is represented by:

| £

| Valuation in 2022 | 303,256 |  |

| Valuation in 2023 | (14,000 | ) |

| Valuation in 2025 | (19,000 | ) |

| Cost | 606,744 |  |

877,000 |  |

7. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Other debtors | 1,802 |  | 11,287 |  |

8. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 19,295 |  | 19,295 |  |

| Trade creditors | 1,399 |  | 1,400 |  |

| Taxation and social security | 6,387 |  | - |  |

| Other creditors | 454,261 |  | 582,995 |  |

481,342 |  | 603,690 |  |

9. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

| £ | £

| Bank loans | 282,116 |  | 301,785 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 282,116 |  | 301,785 |  |

10. | Secured debts

| The following secured debts are included within creditors:

2025 | 2024 |

| £ | £

| Bank loans | 301,411 |  | 321,080 |  |

| The mortgages are secured against the properties named, 24 Winston Drive, 24 Harrow Road, 26 Harrow Road and 53 Churchill Avenue.

| AIMAX PROPERTIES LTD (REGISTERED NUMBER: 11290706) |

Notes to the Financial Statements - continued

for the year ended 30 April 2025

11. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 100 | Ordinary A | £1 | 100 |  | 100 |  |

| 100 | Ordinary B | £1 | 100 |  | 100 |  |

200 |  | 200 |  |

12. | Reserves

Retained |

earnings |

| £

| At 1 May 2024 | 478,088 |  |

| Profit for the year | 34,863 |  |

| Dividends | (6,800 | ) |

| At 30 April 2025 | 506,151 |  |

13. | Directors' advances, credits and guarantees

| The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 | 2024 |

| £ | £

| Mr A Green and Mrs J Green

| Balance outstanding at start of year | (579,655 | ) | (299,845 | ) |

| Amounts advanced | 191,934 |  | - |  |

| Amounts repaid | (62,853 | ) | (279,810 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (450,574 | ) | (579,655 | ) |