For the financial period ended 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 of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

AIM Entertainments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, The Bloomsbury Building, 10 Bloomsbury Way, Holborn, WC1A 2SL.

The company year end was shortened from 31 July 2025 to 31 March 2025, a period of less than 12 months, for commercial reasons.

The comparative amounts presented in the financial statements, including the related notes, are therefore not entirely comparable.

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.

The directors identified expenses that should not have been included in the prior period accounts and one that was not included. These have been corrected by way of a prior year adjustment and the effect of these adjustments and further details can be seen in note 8.

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

Revenue from contracts for the provision of live performance or personal appearance is recognised based on performance date.

Royalty income is recognised on a receivable basis.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company only has financial instruments which are classified as basic financial instruments.

Short-term debtors and creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.

Bank loans are initially recorded at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

The average monthly number of persons (including directors) employed by the company during the period was:

During the year, AIM Entertainments Ltd paid expenses totalling £67,479 on behalf of House 13 Ltd, a company with a mutual director.

At the balance sheet date, AIM Entertainments Ltd was owed £176,110 (2024: £108,631)

During the period, £141,907 of expenses were paid on behalf of the directors and repayments totalling £173,000 were made against this. An adjustment was made in the prior year which reduced the amount repaid against loans by £31,000 as covered in detail in note 8.

At the Balance Sheet date the company owed £724 to the directors (2024, as restated, £30,368 owed by the directors).

The directors have identified that £27,000 of remuneration was incorrectly expensed in previous two years' financial statements. There was no PAYE scheme in place for these previous periods and therefore the costs have been reversed.

The directors have identified £4,000 of pension contributions incorrectly expensed in the prior period financial statements.

The directors have identified that the share issued to Sarah Richards (now Sarah Merrygold) on 12 January 2024 was not declared in the prior period financial statements.