Company Registration No. 11723473 (England and Wales)
AIM Removals and Storage Limited
Unaudited accounts
for the year ended 31 March 2025
AIM Removals and Storage Limited
Unaudited accounts
Contents
AIM Removals and Storage Limited
Company Information
for the year ended 31 March 2025
Directors
A Malins
A Moseley
Company Number
11723473 (England and Wales)
Registered Office
38 Bryanstone Avenue
Guildford
GU2 9UN
Accountants
Ashby & Company
Flat 5
2 Courts Hill Road
Haslemere
Surrey
GU27 2EG
AIM Removals and Storage Limited
Statement of financial position
as at 31 March 2025
Tangible assets
50,028
57,639
Cash at bank and in hand
4,950
4,242
Creditors: amounts falling due within one year
(24,509)
(22,133)
Net current liabilities
(18,091)
(13,705)
Total assets less current liabilities
31,937
43,934
Creditors: amounts falling due after more than one year
(2,032)
(14,719)
Provisions for liabilities
Deferred tax
(9,505)
(10,951)
Called up share capital
100
100
Profit and loss account
20,300
18,164
Shareholders' funds
20,400
18,264
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 directors acknowledge their 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 of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
A Malins
Director
Company Registration No. 11723473
AIM Removals and Storage Limited
Notes to the Accounts
for the year ended 31 March 2025
AIM Removals and Storage Limited is a private company, limited by shares, registered in England and Wales, registration number 11723473. The registered office is 38 Bryanstone Avenue, Guildford, GU2 9UN.
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover is recognised at the fair value of the consideration received or receivable for removal and storage services, net of VAT and discounts, provided in the normal course of business.
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:
Plant & machinery
20% straight line
Motor vehicles
25% reducing balance
Computer equipment
20% straight line
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.
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments. Basic financial instruments are recognised at amortised cost.
AIM Removals and Storage Limited
Notes to the Accounts
for the year ended 31 March 2025
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
82,347
26,002
371
108,720
Additions
9,440
-
512
9,952
At 31 March 2025
91,787
26,002
883
118,672
At 1 April 2024
40,302
10,416
363
51,081
Charge for the year
13,643
3,897
23
17,563
At 31 March 2025
53,945
14,313
386
68,644
At 31 March 2025
37,842
11,689
497
50,028
At 31 March 2024
42,045
15,586
8
57,639
Amounts falling due within one year
Accrued income and prepayments
572
577
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
12,686
12,577
Taxes and social security
3,778
2,745
Other creditors
6,845
5,611
6
Creditors: amounts falling due after more than one year
2025
2024
The loan outstanding is secured by the government.
Allotted, called up and fully paid:
50 Ordinary A shares of £1 each
50
50
50 Ordinary B shares of £1 each
50
50
AIM Removals and Storage Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).