AES Carpenters Limited - Filleted accounts

AES Carpenters Limited
Registered number:		10119562
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		349,840			20,640

Current assets
Debtors	4	11,863			13,727
Cash at bank and in hand		4,768			270,053
		16,631			283,780

Creditors: amounts falling due within one year	5	(260,987)			(185,500)

Net current (liabilities)/assets			(244,356)			98,280

Net assets			105,484			118,920

Capital and reserves
Called up share capital			100			100
Profit and loss account			105,384			118,820

Shareholder's funds			105,484			118,920

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Alket Kurtulaj
Director
Approved by the board on 1 August 2025

AES Carpenters Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment			20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Functional and presentation currency
	The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency.

	Employee benefits
	Short-term employee benefits Short-term employee benefits are recognised as an expense in the period in which they are incurred. Post-employment defined contribution plans Amounts in respect of defined contributions plans are recognised as an expense as they are incurred. Termination benefits Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.

	Going concern
	The financial statements have been prepared on the basis that the company will receive continued financial support from bank and directors and has adequate resources to continue in operational existence for the foreseeable future.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		2


3	Tangible fixed assets
		Land and buildings		Fixtures, fittings, tools and equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	-		10,300		28,000		38,300
	Additions	333,328		-		-		333,328
	At 31 March 2025	333,328		10,300		28,000		371,628

	Depreciation
	At 1 April 2024	-		5,016		12,644		17,660
	Charge for the year	-		1,057		3,071		4,128
	At 31 March 2025	-		6,073		15,715		21,788

	Net book value
	At 31 March 2025	333,328		4,227		12,285		349,840
	At 31 March 2024	-		5,284		15,356		20,640


4	Debtors					2025		2024
£							£

	Other debtors - CIS tax and VAT refund					11,863		13,727


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					30,120		240
	Corporation tax					11,952		19,304
	Other taxes and social security costs					(14,450)		1,229
	Other creditors					233,365		164,727
						260,987		185,500


6	Related party transactions

	Included within other creditors is directors loan of £233,366 (2024 - 163,997)


7	Controlling party

	Alket Kurtulaj is the ultimate controlling party.


8	Other information

	AES Carpenters Limited is a private company limited by shares and incorporated in England. Its registered office is:

	23 Springfields
	Broxbourne
	EN10 7LX