REGISTERED NUMBER: 07633886 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

AESTIMA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Lagden

J M Paveley

REGISTERED OFFICE:

Ground Floor

Keble House

Southernhay Gardens

Exeter

Devon

EX1 1NT

REGISTERED NUMBER:

07633886 (England and Wales)

ACCOUNTANTS:

Gravita Western Limited

Keble House

Southernhay Gardens

Exeter

Devon

EX1 1NT

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

15,218

18,293

15,218

18,293

CURRENT ASSETS

Debtors

7

531,465

375,540

Cash at bank and in hand

271,592

250,997

803,057

626,537

CREDITORS

Amounts falling due within one year

8

(202,431

)

(178,146

)

NET CURRENT ASSETS

600,626

448,391

TOTAL ASSETS LESS CURRENT LIABILITIES

615,844

466,684

PROVISIONS FOR LIABILITIES

(3,805

)

(3,763

)

NET ASSETS

612,039

462,921

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

612,037

462,919

612,039

462,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

S J Lagden - Director

J M Paveley - Director

1.	COMPANY INFORMATION

Aestima Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

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 on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

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

Turnover represents amounts chargeable in respect of the provision of services falling within the company's ordinary activities.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

The directors review the value of goodwill on a regular basis and where there is an impairment in the net book value, this is adjusted for in the financial statements

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings and equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Cash and cash equivalents

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

461,414

AMORTISATION

At 1 April 2024

and 31 March 2025

461,414

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

Motor

equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

34,532

7,089

41,621

Additions

3,982

-

3,982

Disposals

-

(5,882

)

(5,882

)

At 31 March 2025

38,514

1,207

39,721

DEPRECIATION

At 1 April 2024

19,641

3,687

23,328

Charge for year

3,775

649

4,424

Eliminated on disposal

-

(3,249

)

(3,249

)

At 31 March 2025

23,416

1,087

24,503

NET BOOK VALUE

At 31 March 2025

15,098

120

15,218

At 31 March 2024

14,891

3,402

18,293

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

236,908

89,568

Directors' loan accounts

217,795

209,731

Tax

73,506

70,785

Prepayments and accrued income

3,256

5,456

531,465

375,540

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

14,924

11,099

Company credit card

246

266

Corporation tax

116,648

123,149

Social security and other taxes

850

644

VAT

69,414

42,658

Pension contributions

349

330

202,431

178,146

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

S J Lagden

Balance outstanding at start of year

109,982

(52,743

)

Amounts advanced

157,741

162,725

Amounts repaid

(156,402

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

111,321

109,982

J M Paveley

Balance outstanding at start of year

99,750

(51,927

)

Amounts advanced

273,375

151,677

Amounts repaid

(266,651

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

106,474

99,750

During the year loans were made to the directors of £217,795. The balance is repayable on demand and interest is charged using HMRC's advisory interest rates.