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Company Registration No. 11412650 (England and Wales)
Aiwon Business Services Ltd. Unaudited accounts for the year ended 31 March 2025
Aiwon Business Services Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Aiwon Business Services Ltd. Company Information for the year ended 31 March 2025
Director
Umair Zahid
Company Number
11412650 (England and Wales)
Registered Office
41 Heather Drive Thatcham RG18 4BU United Kingdom
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Aiwon Business Services Ltd. Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
100
283
Cash at bank and in hand
84
310
184
593
Creditors: amounts falling due within one year
6
(15,932)
(23,129)
Net current liabilities
(15,748)
(22,536)
Net liabilities
(15,748)
(22,536)
Capital and reserves
Called up share capital
7
102
102
Share premium
24,190
24,190
Profit and loss account
(40,040)
(46,828)
Shareholders' funds
(15,748)
(22,536)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 December 2025 and were signed on its behalf by
Umair Zahid Director Company Registration No. 11412650
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Aiwon Business Services Ltd. Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Aiwon Business Services Ltd. is a private company, limited by shares, registered in England and Wales, registration number 11412650. The registered office is 41 Heather Drive, Thatcham, RG18 4BU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred. Equipment hired in the development of SaaS portals is also written off in the year in which it is incurred.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Aiwon Business Services Ltd. Notes to the Accounts for the year ended 31 March 2025
Going concern
The director believes that with support from the shareholders and creditors continued funding will be provided to support the company and to enable it to meet its day-to-day commitments. As a consequence, the director believes that the company is well placed to manage its business risks successfully. As such, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing the annual report and accounts.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
481
At 31 March 2025
481
Depreciation
At 1 April 2024
481
At 31 March 2025
481
Net book value
At 31 March 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
100
283
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
310
Other creditors
10,879
13,083
Loans from directors
3,053
8,736
Accruals
2,000
1,000
15,932
23,129
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,020,400 Ordinary shares inc. share split and new issue of £0.0001 each
102.04
102.04
8
Transactions with related parties
Included in other creditors is the sum of £3,053 (2024: £8,736) owed to Mr Umair Zahid, a controlling director and majority shareholder of the company.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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