REGISTERED NUMBER: 13276258 (England and Wales)

AARON PAY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N P Eastwood

REGISTERED OFFICE:

Unit 4a Pepper Road

Hazel Grove

Stockport

Cheshire

SK7 5BW

REGISTERED NUMBER:

13276258 (England and Wales)

AUDITORS:

Rushtons

Chartered Accountants

Statutory Auditors

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

CURRENT ASSETS

Debtors

4

217,569

267,890

Cash at bank

2,541

9,465

220,110

277,355

CREDITORS

Amounts falling due within one year

5

195,372

253,283

NET CURRENT ASSETS

24,738

24,072

TOTAL ASSETS LESS CURRENT LIABILITIES

24,738

24,072

CREDITORS

Amounts falling due after more than one year

6

5,211

4,900

NET ASSETS

19,527

19,172

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

19,427

19,072

19,527

19,172

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 director and authorised for issue on 22 December 2025 and were signed by:

N P Eastwood - Director

1.	STATUTORY INFORMATION

Aaron Pay 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 £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments

Financial assets and liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value net of transaction costs, and are measured subsequently reference to the repayment terms.

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method, less any impairment.

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.

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 88 (2024 - 104 ) .

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

217,569

267,890

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

132,319

189,196

Other creditors

63,053

64,087

195,372

253,283

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

5,211

4,900

7.	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

8.	RELATED PARTY DISCLOSURES

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

At the year end the company owed £4,900 (2024: £4,900) to Aaron Engineering Group Limited.

During the year, Aaron Engineering Group Limited surrendered trading losses of £355 (2024: £3,978) to the company under group relief.

During the year, sales to Aaron Rail Limited totalled £2,390,932 (2024: £2,394,015). As at 31 March 2025, the balance owed by Aaron Rail Limited to the company was £217,569 (2024: £267,890 ).

At the year end the company owed £311(2024: £nil) to Aaron Access Limited.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of Aaron Pay 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.