Aymes International Limited 31/03/2025 iXBRL

Company registration number: 06603123

Aymes International Limited

Filleted financial statements

For the year ended

31 March 2025

Aymes International Limited

Contents

Director's responsibilities statement

Statement of financial position

Notes to the financial statements

Aymes International Limited

Director's responsibilities statement

Year ended 31 March 2025

The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Aymes International Limited

Statement of financial position

31 March 2025

			2025		2024
		Note	£	£	£	£

Fixed assets
Intangible assets		5	-		-
Tangible assets		6	108,998		122,374
Investments		7	1,000		1,000
			_______		_______
				109,998		123,374

Current assets
Stocks			884,019		317,719
Debtors:
	Amounts falling due after more than one year	8	-		41,386
	Amounts falling due within one year	8	3,359,943		3,533,493
Cash at bank and in hand			67,048		69,316
			_______		_______
			4,311,010		3,961,914
Creditors: amounts falling due
within one year		9	( 2,911,333)		( 3,029,257)
			_______		_______
Net current assets				1,399,677		932,657
				_______		_______
Total assets less current liabilities				1,509,675		1,056,031


Provisions for liabilities		10		( 68,795)		( 23,251)

				_______		_______
Net assets				1,440,880		1,032,780
				_______		_______

Capital and reserves
Called up share capital				1,000		1,000
Profit and loss account				1,439,880		1,031,780
				_______		_______
Shareholders funds				1,440,880		1,032,780
				_______		_______

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.

These financial statements were approved by the board of directors and authorised for issue on 09 October 2025 , and are signed on behalf of the board by:

Mr R Wertheim Aymes

Director

Company registration number: 06603123

Aymes International Limited

Notes to the financial statements

Year ended 31 March 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 Unit B, Sunnyhills Road, Leek, Staffordshire, ST13 5RJ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and estimation uncertainty

In determining the carrying amounts of certain assets and liabilities, the director makes assumptions of the effects of future events based on those assets and liabilities at the balance sheet date. The estimates and assumptions are based on historical experience and expectation of future events and are reviewed periodically. Further information and other key sources of estimation uncertainty, are set out in the notes where appropriate.

Specific estimates and judgements used in preparing these financial statements relate to stock provisions. The director calculates these provisions based on his experience and in depth knowledge of the products and industry, paying particular attention to previous stock movements and product shelf lives.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Exceptional items

Exceptional items are disclosed separately in the financial statements in order to provide further understanding of the financial performance of the entity. They are material items of income or expense that have been shown separately because of their nature or amount.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Research and development

Research expenditure is written off in the year in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

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:


Plant and machinery	-	5 - 10 years	straight line
Fittings fixtures and equipment	-	4 years	straight line
Motor vehicles	-	5 years	straight line
IT equipment		2 years	straight line
Computer software		3 years	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and net realisable value on a first in first out basis. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. Net realisable value uses the estimated selling price less costs to complete and sell.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

The Company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

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 the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 26 (2024: 21 ).

5. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	54,000	54,000
	_______	_______
Amortisation
At 1 April 2024 and 31 March 2025	54,000	54,000
	_______	_______
Carrying amount
At 31 March 2025	-	-
	_______	_______
At 31 March 2024	-	-
	_______	_______

6. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	76,988	229,245	-	306,233
Additions	6,505	2,332	38,384	47,221
Disposals	( 1,409)	-	-	( 1,409)
	_______	_______	_______	_______
At 31 March 2025	82,084	231,577	38,384	352,045
	_______	_______	_______	_______
Depreciation
At 1 April 2024	73,037	110,822	-	183,859
Charge for the year	4,333	51,144	5,120	60,597
Disposals	( 1,409)	-	-	( 1,409)
	_______	_______	_______	_______
At 31 March 2025	75,961	161,966	5,120	243,047
	_______	_______	_______	_______
Carrying amount
At 31 March 2025	6,123	69,611	33,264	108,998
	_______	_______	_______	_______
At 31 March 2024	3,951	118,423	-	122,374
	_______	_______	_______	_______

7. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	1,000	1,000
	_______	_______
Carrying amount
At 31 March 2025	1,000	1,000
	_______	_______
At 31 March 2024	1,000	1,000
	_______	_______

Investments in group undertakings
	Registered office	Class of share	Percentage of shares held
Subsidiary undertakings
Adday Limited	Unit B, Sunnyhills Road, Leek, Staffordshire, ST13 5RJ.	Ordinary	100

Adday Limited has not traded since incorporation and has aggregate capital and reserves amounting to £1,000.

8. Debtors

Debtors falling due within one year are as follows:

	2025	2024
	£	£
Trade debtors	1,329,959	1,690,025
Other debtors	2,029,984	1,843,468
	_______	_______
	3,359,943	3,533,493
	_______	_______

Debtors falling due after one year are as follows:

	2025	2024
	£	£
Other debtors	-	41,386
	_______	_______

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,272,903	1,932,476
Corporation tax	182,463	235,154
Social security and other taxes	39,767	32,373
Other creditors	1,416,200	829,254
	_______	_______
	2,911,333	3,029,257
	_______	_______

Included in other creditors above is an amount of £311,256 (2024 - £401,893) relating to amounts owed under a factoring facility and for which the company has provided security to Leumi UK Group Limited in the form of a fixed and floating charge dated 5 February 2024.

10. Provisions

	Other provisions	Deferred tax provision	Total
	£	£	£
At 1 April 2024	-	23,251	23,251
Additions	50,566	-	50,566
Charges against provisions	-	( 5,022)	( 5,022)
	_______	_______	_______
At 31 March 2025	50,566	18,229	68,795
	_______	_______	_______

Other provisons relate to date expired stock.

11. Capital commitments

Capital expenditure contracted for but not provided for in the financial statements is as follows:

	2025	2024
	£	£
Tangible assets	1,877,708	-
	_______	_______

At 31 March 2025, the company had paid £378,214 towards the total commitment as detailed above.

12. Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £66,391 (2024 - £22,448) . Contributions totalling £9,001 (2024 - £6,259) were payable to the fund at the balance sheet date and are included in creditors.

13. Contingent assets and liabilities

The company has provided a cross guarantee to Leumi UK Group Limited in respect of a factoring facility held in the name of Allicio Nutrition Limited, a company owned and controlled by Mr R Wertheim-Aymes. The amount due on this facility at 31 March 2025 was £1,248,930.

14. Summary audit opinion

The auditors' report on the financial statements for the period ended 31 March 2025 was unqualified.

The audit report was signed on 9 October 2025 by Rajiv Thakerar FCA (Senior statutory auditor) on behalf of Sumer Auditco Limited .

15. Directors advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

2025
	Balance brought forward	Advances /(credits) to the director	Balance o/standing
	£	£	£
Mr R Wertheim Aymes	( 27,209)	195,925	168,716
	_______	_______	_______

2024
	Balance brought forward	Advances /(credits) to the director	Balance o/standing
	£	£	£
Mr R Wertheim Aymes	( 35,824)	8,615	( 27,209)
	_______	_______	_______

Included in accruals is an amount of £460,000 (2024 - £nil) relating to accrued remuneration payable to the director.

16. Related party transactions

At 31 March 2025, the company was owed £1,394,050 by Allicio Nutrition Limited (2024 - £1,593,966), a company under common control of the director.

At 31 March 2025, the company owed £108,614 to Wertheim Holdings Limited, a company under common control of the director. (2024 - £66,386 owed to the company).

Leumi UK Group Limited have a charge over the shares owned by Mr R Wertheim-Aymes in both Aymes International Limited and Allicio Nutrition Limited.

The company has entered in cross guarantees and a deed of subordination in respect of monies owed to Leumi UK Group Limited together with Allicio Nutrition Limited and Wertheim Holdings Limited. The total amount owed to Leumi UK Group Limited by all companies at 31 March 2025 totalled £2,171,

17. Controlling party

The company is under the control of the director Mr R Wertheim-Aymes.