REGISTERED NUMBER: 09150775 (England and Wales)

AARON ACCESS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C D Cunningham

N P Eastwood

REGISTERED OFFICE:

4a Bramhall Moor Technology Park

Pepper Road

Hazel Grove

Stockport

Cheshire

SK7 5BW

REGISTERED NUMBER:

09150775 (England and Wales)

AUDITORS:

Rushtons

Chartered Accountants

Statutory Auditors

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

FIXED ASSETS

Intangible assets

4

12,270

-

Tangible assets

5

269,903

336,318

282,173

336,318

CURRENT ASSETS

Stocks

59,658

17,000

Debtors

6

1,916,267

1,951,657

Cash at bank and in hand

71,281

147,294

2,047,206

2,115,951

CREDITORS

Amounts falling due within one year

7

1,807,698

1,768,283

NET CURRENT ASSETS

239,508

347,668

TOTAL ASSETS LESS CURRENT LIABILITIES

521,681

683,986

CREDITORS

Amounts falling due after more than one year

8

(320,995

)

(474,696

)

PROVISIONS FOR LIABILITIES

(33,815

)

(46,440

)

NET ASSETS

166,871

162,850

CAPITAL AND RESERVES

Called up share capital

11

250

200

Retained earnings

166,621

162,650

SHAREHOLDERS' FUNDS

166,871

162,850

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

N P Eastwood - Director

1.	STATUTORY INFORMATION

Aaron Access 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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 £.

Significant judgements and estimates

In the preparation of the financial statements, the directors have made judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for income and expenses during the year. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis..

In the process of applying the groups accounting policies a critical accounting judgement has been made to recognise long term contract income. At each balance sheet date, management undertake a review of the long term contract work completion and estimate the values that should be accrued and deferred. The calculation is based upon the percentage of completion method.

Turnover

Turnover represents amounts receivable for sale of goods and services provided in the normal course of business excluding trade discounts, rebates, value added tax and other sales taxes.

In respect of long term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover is recognised by reference to stage of completion. Profit is recognised if the final outcome can be assessed with reasonable certainty, by including in the profit or loss account, turnover and related costs as contract activity progresses.

If a contract is forecast to make a loss the full loss is recognised immediately,

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Financial instruments

Basic financial instruments include cash, trade receivables, trade payables, loans receivable and payable. These are initially recognized at transaction price and subsequently measured at amortized cost using the effective interest method, less provision for impairment where applicable.

Financial Assets

Financial assets, including trade and other receivables and cash at bank, are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method, less any provision for impairment.

Financial Liabilities

Financial liabilities, including trade payables, other creditors, and borrowings, are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method.

Loans and Borrowings

Loans and other borrowings, including both short-term and long-term debt, are measured at amortised cost using the effective interest method. Interest expense is recognised in profit or loss on an accruals basis.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2024 - 63 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

13,950

At 31 March 2025

13,950

AMORTISATION

Charge for year

1,680

At 31 March 2025

1,680

NET BOOK VALUE

At 31 March 2025

12,270

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

21,426

104,096

365,257

490,779

Additions

1,728

40,614

-

42,342

Disposals

(2,046

)

(13,873

)

(43,443

)

(59,362

)

At 31 March 2025

21,108

130,837

321,814

473,759

DEPRECIATION

At 1 April 2024

11,173

40,125

103,163

154,461

Charge for year

3,050

23,523

63,441

90,014

Eliminated on disposal

(2,047

)

(11,184

)

(27,388

)

(40,619

)

At 31 March 2025

12,176

52,464

139,216

203,856

NET BOOK VALUE

At 31 March 2025

8,932

78,373

182,598

269,903

At 31 March 2024

10,253

63,971

262,094

336,318

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

330,869

Disposals

(43,443

)

At 31 March 2025

287,426

DEPRECIATION

At 1 April 2024

90,771

Charge for year

57,942

Eliminated on disposal

(27,388

)

At 31 March 2025

121,325

NET BOOK VALUE

At 31 March 2025

166,101

At 31 March 2024

240,098

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

1,455,599

1,420,628

Other debtors

393,838

471,623

1,849,437

1,892,251

Amounts falling due after more than one year:

Amounts owed by group undertakings

66,830

59,406

Aggregate amounts

1,916,267

1,951,657

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,027

50,000

Hire purchase contracts (see note 9)

55,549

52,080

Trade creditors

666,607

547,513

Taxation and social security

240,764

154,712

Other creditors

794,751

963,978

1,807,698

1,768,283

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

12,509

62,500

Hire purchase contracts (see note 9)

126,949

186,636

Amounts owed to group undertakings

181,537

225,560

320,995

474,696

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

55,549

52,080

Between one and five years

126,949

186,636

182,498

238,716

Non-cancellable

operating leases

2025

2024

£

£

Within one year

-

71,033

Between one and five years

-

54,064

-

125,097

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

182,498

238,716

Trade Finance

556,527

-

739,025

238,716

The finance company has a fixed and floating charge against all the assets of the company

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

135

Ordinary

1

135

120

90

Ordinary A

1

90

80

25

Ordinary B

1

25

-

250

200

Dividends can be paid on one or more class of shares but not the others, and be declared at a different level of dividend on each class of share.

The shareholders undertake to exercise all voting rights and powers of control available to them in relation to the Company to procure that, save with the prior written consent of the Ordinary Shareholder, the Company will not take any of the reserved matters.

The Ordinary A shares are growth shares. As the valuation of the company grows, the proportion of the realised proceeds, upon a share sale or distribution, payable to the holders of the shares increases.

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Adam Calvert FCA (Senior Statutory Auditor)

for and on behalf of Rushtons

13.	RELATED PARTY DISCLOSURES

Aaron Engineering Group Limited is the ultimate parent company of Aaron Access Limited, Aaron Rail Limited, Aaron HV Systems Limited & Aaron Pay Limited

As at 31 March 2025, the balanced owed by Aaron Engineering Group Limited to the company was £61,921 (2024: £59,406).

During the year, Aaron Engineering Group Limited surrendered trading losses of £52,745 (2024: £94,058) to the company under group relief.

During the year, purchases from Aaron Rail Limited totalled £412,624 (2024: £453,268), and sales to Aaron Rail Limited totalled £1,345,914 (2024: £1,641,066). As at 31 March 2025, the balance owed to Aaron Rail Limited by Aaron Access Limited was £181,537 (2024: £225,560).

As at 31 March 2025, the balanced owed by Aaron HV Systems Limited to Aaron Access Limited was £4,598 (2024: £nil)

As at 31 March 2025, the balanced owed by Aaron Pay to Aaron Access Limited was £311 (2024: £nil)

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of Aaron Rail Limited are D Ferguson and N Eastwood by way of their shareholding in the parent company, Aaron Engineering Group Limited, a company registered in the United Kingdom.

The smallest and largest group in which the company's results are consolidated is that headed by Aaron Engineering Group Limited. Group consolidated financial statements are made available to the public and can be obtained from The Registrar of Companies, Companies House, Crown Way, Cardiff, CF14 3UZ.