AI & ZA GRANT LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06808019

AI & ZA GRANT LTD

Filleted Unaudited Financial Statements

31 March 2025

AI & ZA GRANT LTD

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	70,032	108,572

Current assets

Stocks		5,800	5,800
Debtors	6	410,627	163,460
Cash at bank and in hand		251,762	138,942
		---------	---------
		668,189	308,202

Creditors: amounts falling due within one year	7	447,193	227,012
		---------	---------
Net current assets		220,996	81,190
		---------	---------
Total assets less current liabilities		291,028	189,762

Creditors: amounts falling due after more than one year	8	9,812	16,525
		---------	---------
Net assets		281,216	173,237
		---------	---------

Capital and reserves

Called up share capital	200	200
Profit and loss account	281,016	173,037
	---------	---------
Shareholders funds	281,216	173,237
	---------	---------

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.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

AI & ZA GRANT LTD

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 31 July 2025 , and are signed on behalf of the board by:

Mr Z Grant

Director

Company registration number: 06808019

AI & ZA GRANT LTD

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 4, Burnette Trading Estate, Coxs Green, Wrington, Bristol, BS40 5QR.

2. Statement of compliance

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

Revenue recognition

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

Income tax

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

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated 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 & machinery	-	20% straight line
Equipment	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 16 ).

5. Tangible assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	265,745	5,388	271,133
	---------	-------	---------
Depreciation
At 1 April 2024	158,748	3,813	162,561
Charge for the year	37,753	787	38,540
	---------	-------	---------
At 31 March 2025	196,501	4,600	201,101
	---------	-------	---------
Carrying amount
At 31 March 2025	69,244	788	70,032
	---------	-------	---------
At 31 March 2024	106,997	1,575	108,572
	---------	-------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	387,357	162,321
Other debtors	23,270	1,139
	---------	---------
	410,627	163,460
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	189,564	92,373
Corporation tax	79,506	26,499
Social security and other taxes	119,172	41,841
Other creditors	58,951	66,299
	---------	---------
	447,193	227,012
	---------	---------

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

	2025	2024
	£	£
Other creditors	9,812	16,525
	-------	--------

9. Directors' advances, credits and guarantees

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

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr Z Grant	–	21,876	21,876
	----	--------	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr Z Grant	–	–	–
	----	----	----