AIM Commercial Cleaning Limited Company accounts

COMPANY REGISTRATION NUMBER: 01427132

AIM COMMERCIAL CLEANING LIMITED

FINANCIAL STATEMENTS

31 March 2025

AIM COMMERCIAL CLEANING LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Contents	Pages

Officers and professional advisers	1

Strategic report	2 to 4

Directors' report	5 to 6

Independent auditor's report to the members	7 to 11

Statement of comprehensive income	12

Statement of financial position	13

Statement of changes in equity	14

Notes to the financial statements	15 to 23

AIM COMMERCIAL CLEANING LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors	Mr J Brown
	Mr S Brown
	Mr A Sullivan
	Mr K Odetayo (Resigned 26 June 2025)

Registered office	12 Hatherley Road
	Sidcup
	Kent
	England
	DA14 4DT

Auditor	Affinia (Orpington)
	Chartered Accountants & statutory auditor
	Lynwood House
	Crofton Road
	Orpington
	Kent
	BR6 8QE

Bankers	Barclays Bank Plc
	Leicester
	Leicestershire
	LE87 2BB

AIM COMMERCIAL CLEANING LIMITED

STRATEGIC REPORT

YEAR ENDED 31 MARCH 2025

Introduction The directors present their strategic report to the company for the year ended 31 March 2025 .

Review of the business Background: Founded in 1979, AIM Commercial Cleaning Limited has built a reputation for delivering sustainable, customer-centric cleaning and support services across the UK. As an independent, family-run business, we place great emphasis on ethics, recruiting and retaining a motivated team. This team, supported by a strong management structure, ensures high levels of service and client retention. Goals and Objectives: Our core focus remains on service excellence, which drives client retention and, coupled with a robust sales strategy, facilitates sustainable growth. We are committed to continuous improvement and innovation by reinvesting in our team and systems to remain industry leaders. Over the years, we've grown organically, continually assessing both our clients' needs and the marketplace to ensure our services align with evolving business environments. Strategy: The Directors prioritise managing risk to minimise exposure to external market influences and potential industry trends that could affect profitability. We maintain a balance client portfolio - spanning large, medium and small businesses in various private and public sectors. Our careful risk management has allowed us to successfully navigate transitions over the past three years, ensuring sustainable growth. Strategic Priorities: 1. Organic Growth: Building on our strong reputation and consistent performance 2. Client Retention: Strengthening partnerships through a customer-centric approach 3. Employee Retention: Ensuring AIM remains a great place to work 4. Continuous Improvement: Driving innovation to enhance service and quality 5. Sustainable Outcomes: Achieving progressive environmental and social impact aligned with our clients' goals

Review of the Year The Board is pleased with the year-end results for 2024/25: - Sales revenue increased by 13% to £16,293,099 - Gross profit rose by 12.44%, with the margin consistent at 21.77%, compared to 21.95% in 2024. - Net trading profit was consistent at 4.87% of turnover, compared to 4.72% of turnover in 2024. New business wins and client retention exceeded targets. Employee retention increased by 9%, driven by the strategies mentioned above. Our operational structure has grown, with each department increasing in size, and several internal promotions, including members from our successful apprenticeship programme. Within operations, we continue future proofing and succession planning through a focus on developing our teams and promoting internally. We have seen recent success in promoting team members from cleaning, housekeeping, or administration roles to supervisory or management positions. Our Carbon Zero programme is progressing well, with an expected full accreditation by the end of the 2024/25 financial year. We've transitioned all vehicles to electric or hybrid, adopted fully renewable energy tariffs, and completed installation of a solar array at HQ which we estimate will generate up to 50% of our power requirements.

Key Performance Indicators The Board regularly reviews key operational and financial metrics, including gross margin, debtor days, and cash reserves. We also monitor client and staff retention, health and safety standard, HR performance, and ESG deliverables. For 2024/25, our KPIs were in line with expectations in all these areas and highlight key metrics below:

	2025	2024
	£	£
Sales Revenue (£)	16,293,099	14,373,498
Gross Profit (£)	3,547,756	3,155,029
Gross Profit %	22	22
Net Trading Profit (£)	794,350	677,789
Net Trading Profit Margin (%)	5	5

Summary The Board is optimistic about the future. AIM Commercial Cleaning achieved steady revenue growth despite operational challenges. We believe the cleaning sector will continue to thrive across the UK, and AIM is well-positioned to capitalise on market opportunities as an SME. We remain committed to reinvesting in the business for growth. With our unique culture, expertise, and passion for excellence, we are confident in achieving consistent double-digit growth into 2024/25 and beyond. The Board thanks all employees, clients and partners for their continued support, which contributes to AIM's ongoing success.

Principal Risks and Uncertainties Short-term Risks: 1. Recruitment Shortages: A significant shortage of candidates in the hospitality and services sector. 2. Changing Client Needs: Agile working and remote strategies have changed client cleaning requirements. 3. Inflation: Rising labour and material costs. To address recruitment shortages, we've adapted by offering longer shifts, improved benefits such as the 'Real Living Wage', and have invested in a company-wide recognition and benefit programme, supported by a wellbeing platform. Furthermore, our mobile support division pools trained staff to ensure flexibility and prompt response to client needs. We continue to manage rising costs through a dedicated purchasing team focused on obtaining best-value, sustainable, and ethical products. We maintain open discussions with clients on cost increases, fostering collaboration to find commercially viable solutions. Long-term Risks: 1. Reputation Risk: Mitigated by closely monitoring client and employee satisfaction levels. 2. Financial Risk: Managed through strong credit management and adequate cash reserves. 3. Health & Safety: Ensured through comprehensive training, protective clothing, and eco-friendly products.

This report was approved by the board of directors on 11 December 2025 and signed on behalf of the board by:

Mr A Sullivan

Director

AIM COMMERCIAL CLEANING LIMITED

DIRECTORS' REPORT

YEAR ENDED 31 MARCH 2025

The directors present their report and the financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

Mr J Brown
Mr S Brown
Mr A Sullivan
Mr K Odetayo

Dividends

The directors do not recommend the payment of a dividend.

Employment of disabled persons

The Company is committed to a policy of equal opportunity with regards to its employment practices and procedures. This includes giving full and fair consideration to applications for employment by the company made by disabled persons, having regard to their particular aptitudes and abilities. Disabled persons employed by the Company are provided suitable training enabling them to develop their career and obtain promotion with the organisation.

Employee involvement

During the year, the policy of providing employees with information about the company has continued through internal media methods in which employees have been encouraged to present their suggestions and views on the Company's performance. Regular meeting are held between local management and employees to allow a free flow of information and ideas.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have 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 directors must not approve the financial statements unless they are 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 directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are 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 them 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. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 11 December 2025 and signed on behalf of the board by:

Mr A Sullivan

Director

AIM COMMERCIAL CLEANING LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF AIM COMMERCIAL CLEANING LIMITED

YEAR ENDED 31 MARCH 2025

Opinion

We have audited the financial statements of AIM Commercial Cleaning Limited (the 'company') for the year ended 31 March 2025 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: - the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; - we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the cleaning industry ; - we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including Companies Act 2006, taxation legislation, environmental and health and safety legislation; - we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and - identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: - making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud. - considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we: - performed analytical procedures to identify any unusual or unexpected relationships; - tested journal entries to identify unusual transactions; - assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias - investigated the rationale behind significant or unusual transactions; and - observed and identified internal controls in place, specifically around payroll and bank transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: - agreeing financial statement disclosures to underlying supporting documentation; - enquiring of management as to actual and potential litigation and claims; and - reviewing correspondence with HMRC and reviewing for evidence of correspondence with legal advisors. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities is available on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report

This report is made solely to the company's members, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Christopher Jones

(Senior Statutory Auditor)

For and on behalf of

Affinia (Orpington)

Chartered Accountants & statutory auditor

Lynwood House

Crofton Road

Orpington

Kent

BR6 8QE

12 December 2025

AIM COMMERCIAL CLEANING LIMITED

STATEMENT OF COMPREHENSIVE INCOME

YEAR ENDED 31 MARCH 2025

		2025	2024
Note		£	£
Turnover	4	16,293,099	14,373,498

Cost of sales	12,745,343	11,218,469
	-------------	-------------
Gross profit	3,547,756	3,155,029

Administrative expenses		2,785,639	2,504,083
		------------	------------
Operating profit	5	762,117	650,946

Other interest receivable and similar income		37,940	29,555
Interest payable and similar expenses	9	5,707	2,712
		------------	------------
Profit before taxation		794,350	677,789

Tax on profit	10	214,616	170,254
		---------	---------
Profit for the financial year and total comprehensive income		579,734	507,535
		---------	---------

All the activities of the company are from continuing operations.

AIM COMMERCIAL CLEANING LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	11		34,407	6,371

Current assets

Stocks	12	–	12,032
Debtors	13	2,677,176	2,836,046
Cash at bank and in hand		3,442,089	3,348,435
		------------	------------
		6,119,265	6,196,513

Creditors: amounts falling due within one year	14	2,701,456		3,325,708
		------------		------------
Net current assets			3,417,809	2,870,805
			------------	------------
Total assets less current liabilities			3,452,216	2,877,176

Creditors: amounts falling due after more than one year	15		760	12,463

Provisions

Taxation including deferred tax	17	8,602	1,593
		------------	------------
Net assets		3,442,854	2,863,120
		------------	------------

Capital and reserves

Called up share capital	20	167,818	167,818
Profit and loss account		3,275,036	2,695,302
		------------	------------
Shareholders funds		3,442,854	2,863,120
		------------	------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the medium companies regime.

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

Mr A Sullivan

Director

Company registration number: 01427132

AIM COMMERCIAL CLEANING LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31 MARCH 2025

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1 April 2023	167,817	2,187,767	2,355,584

Profit for the year		507,535	507,535
	---------	------------	------------
Total comprehensive income for the year	–	507,535	507,535

Issue of shares	1	–	1
	---------	------------	------------
Total investments by and distributions to owners	1	–	1

At 31 March 2024	167,818	2,695,302	2,863,120

Profit for the year		579,734	579,734
	---------	------------	------------
Total comprehensive income for the year	–	579,734	579,734

	---------	------------	------------
At 31 March 2025	167,818	3,275,036	3,442,854
	---------	------------	------------

AIM COMMERCIAL CLEANING 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 & Wales. The address of the registered office is 12 Hatherley Road, Sidcup, Kent, DA14 4DT, England.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'. This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements: - Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures; - Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income; - Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements; - Section 33 ‘Related Party Disclosures’: Compensation for key management personnel. The financial statements of the company are consolidated in the financial statements of AIM House Investments Limited. These consolidated financial statements are available from its registered office,12 Hatherley Road, Sidcup, Kent, DA14 4DT.

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.

Debtors

Debtors are initially recorded at fair value and are assessed for impairment at each year end. If any impairments exist the debtors are remeasured to the present value of the expected future cash inflows.

Creditors

Creditors are initially recorded at fair value and then remeasure to the present value of the expected cash outflows.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax. Revenue from the rendering of services is invoiced at the beginning of each month in line with the contract terms. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Freehold prooperty	-	2% straight line
Motor vehicles	-	25% 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. 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. For the purposes of impairment testing, 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 largely independent of the cash inflows from other assets or groups of assets .

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.

Finance leases and hire purchase contracts

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

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 as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Significant judgements

The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

Bad debt provision

Provision is made for bad debts. This requires management's best estimate of the value of payments expected to be received in the future. In addition, the timing of the cash flows requires management's judgement.

Key sources of estimation uncertainty

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:

Holiday pay accrual

The Company recognises an accrual for employees’ unused holiday entitlement at the reporting date requiring management to make estimates based on:

- Employee Entitlement: The number of unused holiday days for each employee at year-end.

- Pay Rates: The contractual pay rates applicable at the reporting date, including any relevant allowances.

The calculation involves judgement as it depends on future employment conditions and potential changes in remuneration. Management uses historical patterns and current employment contracts to estimate the liability.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the rendering of services by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expense recognised will be be recovered.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Rendering of services	16,293,099	14,373,498
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Operating profit

Operating profit or loss is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	2,124	2,124
Impairment of trade debtors	12,005	4,300
	--------	-------

6. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	11,940	15,595
	--------	--------

7. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Production staff	820	794
Administrative staff	40	37
	----	----
	860	831
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	11,685,880	10,151,633
Social security costs	612,552	528,308
Other pension costs	144,344	127,600
	-------------	-------------
	12,442,776	10,807,541
	-------------	-------------

8. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	740,593	696,262
Company contributions to defined contribution pension plans	14,500	5,500
	---------	---------
	755,093	701,762
	---------	---------

The number of directors who accrued benefits under company pension plans was as follows:

	2025	2024
	No.	No.
Defined contribution plans	2	2
	----	----

Remuneration of the highest paid director in respect of qualifying services:

	2025	2024
	£	£
Aggregate remuneration	213,757	215,975
	---------	---------

9. Interest payable and similar expenses

	2025	2024
	£	£
Interest on obligations under finance leases and hire purchase contracts	2,486	2,712
Other interest payable and similar charges	3,221	–
	-------	-------
	5,707	2,712
	-------	-------

10. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	197,372	167,855
Adjustments in respect of prior periods	10,235	806
	---------	---------
Total current tax	207,607	168,661
	---------	---------

Deferred tax:

Origination and reversal of timing differences	7,009	1,593
	---------	---------
Tax on profit	214,616	170,254
	---------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	794,350	677,789
	---------	---------
Profit on ordinary activities by rate of tax	198,588	169,448
Adjustment to tax charge in respect of prior periods	10,235	806
Effect of expenses not deductible for tax purposes	5,793	–
Effect of capital allowances and depreciation	( 7,009)	( 1,593)
Effect of deferred tax movements in the year	7,009	1,593
	---------	---------
Tax on profit	214,616	170,254
	---------	---------

11. Tangible assets

	Motor vehicles	Total
	£	£
Cost
At 1 April 2024	8,495	8,495
Additions	30,160	30,160
	--------	--------
At 31 March 2025	38,655	38,655
	--------	--------
Depreciation
At 1 April 2024	2,124	2,124
Charge for the year	2,124	2,124
	--------	--------
At 31 March 2025	4,248	4,248
	--------	--------
Carrying amount
At 31 March 2025	34,407	34,407
	--------	--------
At 31 March 2024	6,371	6,371
	--------	--------

12. Stocks

	2025	2024
	£	£
Raw materials and consumables	–	12,032
	----	--------

13. Debtors

	2025	2024
	£	£
Trade debtors	2,330,799	2,758,759
Amounts owed by group undertakings	293,117	–
Prepayments and accrued income	53,260	77,286
Other debtors	–	1
	------------	------------
	2,677,176	2,836,046
	------------	------------

14. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	296,026	287,266
Amounts owed to group undertakings	–	627,959
Accruals and deferred income	479,600	567,151
Corporation tax	248,779	167,855
Social security and other taxes	768,726	901,892
Obligations under finance leases and hire purchase contracts	10,385	10,385
Other creditors	897,940	763,200
	------------	------------
	2,701,456	3,325,708
	------------	------------

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

	2025	2024
	£	£
Obligations under finance leases and hire purchase contracts	760	12,463
	----	--------

16. Finance leases and hire purchase contracts

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	10,385	10,385
Later than 1 year and not later than 5 years	760	12,463
	--------	--------
	11,145	22,848
	--------	--------

17. Provisions

	Deferred tax (note 18)
	£
At 1 April 2024	1,593
Additions	7,009
	-------
At 31 March 2025	8,602
	-------

18. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 17)	8,602	1,593
	-------	-------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	8,602	1,593
	-------	-------

19. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 129,844 (2024: £ 122,100 ).

20. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
A shares of £ 1 each	155,565	155,565	155,565	155,565
B shares of £ 1 each	12,252	12,252	12,252	12,252
C shares of £ 1 each	1	1	1	1
	---------	---------	---------	---------
	167,818	167,818	167,818	167,818
	---------	---------	---------	---------

21. Charges on assets

There is a fixed and floating charge held by Lloyds TSB Commercial Finance Limited over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

There is also a first fixed charge held by Lloyds TSB Commercial Finance Limited on all book and other debts under an agreement dated 13/8/99, floating charge on all proceeds of book and other debts under or in connection with any agreement or contract for the sale and purchase of debts or under or in connection with any bill of exchange or other negotiable instrument.

22. Related party transactions

During the year payments were made to the following companies: SIA Services Limited: Payments made of - £63,578 and £182,091. Belvedere Business Park Management Company Limited: Payments made of - £1,049

23. Controlling party

The company's ultimate parent company is AIM House Investments Limited registered in England . The ultimate controlling party is Mr J Brown , a director. Copies of the consolidated financial statements can be obtained from Numeric House, 98 Station Road, Sidcup, Kent, DA15 7BY.