IRIS Accounts Production v25.4.0.155 07092994 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07092994 2023-12-31 07092994 2024-12-31 07092994 2024-01-01 2024-12-31 07092994 2022-12-31 07092994 2023-01-01 2023-12-31 07092994 2023-12-31 07092994 ns15:EnglandWales 2024-01-01 2024-12-31 07092994 ns14:PoundSterling 2024-01-01 2024-12-31 07092994 ns10:Director1 2024-01-01 2024-12-31 07092994 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07092994 ns10:SmallEntities 2024-01-01 2024-12-31 07092994 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07092994 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 07092994 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07092994 ns10:FullAccounts 2024-01-01 2024-12-31 07092994 ns10:Director2 2024-01-01 2024-12-31 07092994 ns10:Director3 2024-01-01 2024-12-31 07092994 ns10:RegisteredOffice 2024-01-01 2024-12-31 07092994 ns5:CurrentFinancialInstruments 2024-12-31 07092994 ns5:CurrentFinancialInstruments 2023-12-31 07092994 ns5:Non-currentFinancialInstruments 2024-12-31 07092994 ns5:Non-currentFinancialInstruments 2023-12-31 07092994 ns5:ShareCapital 2024-12-31 07092994 ns5:ShareCapital 2023-12-31 07092994 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 07092994 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 07092994 ns5:MotorVehicles 2024-01-01 2024-12-31 07092994 ns5:ComputerEquipment 2024-01-01 2024-12-31 07092994 ns5:MotorVehicles 2023-12-31 07092994 ns5:ComputerEquipment 2023-12-31 07092994 ns5:MotorVehicles 2024-12-31 07092994 ns5:ComputerEquipment 2024-12-31 07092994 ns5:MotorVehicles 2023-12-31 07092994 ns5:ComputerEquipment 2023-12-31 07092994 ns5:CostValuation 2023-12-31 07092994 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 07092994 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31

REGISTERED NUMBER: 07092994 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AAI (SELBY) LIMITED

| AAI (SELBY) LIMITED (REGISTERED NUMBER: 07092994) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| AAI (SELBY) LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTORS: | Mr G Northern

| Mr J L Northern

| Mr G Stubbs

| REGISTERED OFFICE: | 1 Wilfreds Grove

| Barlby

| Selby

| North Yorkshire

| YO8 5JB

| REGISTERED NUMBER: | 07092994 (England and Wales)

| ACCOUNTANTS: | Fortus Limited

| Business Advisors & Accountants

| Equinox House

| Clifton Park, Shipton Road

| York

| Yorkshire

| YO30 5PA

| AAI (SELBY) LIMITED (REGISTERED NUMBER: 07092994) |

BALANCE SHEET

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 22,140 |  | 36,802 |  |

Investments | 5 | 100 |  | 100 |  |

22,240 |  | 36,902 |  |

CURRENT ASSETS

Debtors | 6 | 265,148 |  | 1,037,217 |  |

Cash at bank | 266,620 |  | 86,417 |  |

531,768 |  | 1,123,634 |  |

CREDITORS

Amounts falling due within one year | 7 | 328,327 |  | 462,920 |  |

NET CURRENT ASSETS | 203,441 |  | 660,714 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 225,681 |  | 697,616 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 221,528 |  | - |  |

NET ASSETS | 4,153 |  | 697,616 |  |

CAPITAL AND RESERVES

Called up share capital | 150 |  | 150 |  |

Retained earnings | 4,003 |  | 697,466 |  |

4,153 |  | 697,616 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

| AAI (SELBY) LIMITED (REGISTERED NUMBER: 07092994) |

BALANCE SHEET - continued

31 DECEMBER 2024

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 9 January 2026 and were signed on its behalf by:

Mr G Northern - Director

| AAI (SELBY) LIMITED (REGISTERED NUMBER: 07092994) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Aai (Selby) 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 are prepared in sterling, which is the functional currency of the

| company. Monetary amounts in these financial statements are rounded to the nearest £1.

| Turnover

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

| AAI (SELBY) LIMITED (REGISTERED NUMBER: 07092994) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

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

| Motor vehicles | - | 20% on reducing balance

| Computer equipment | - | 20% on reducing balance

| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

| Impairment of fixed assets

| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

| If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

| Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

| Cash at bank and in hand

| Cash at bank and in hand 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.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| AAI (Selby) Limited wholly owned one subsidiary at the year end date with the following details:

| Leaktech (Northern) Ltd

| Registered Office:

| 1 Wilfreds Grove

| Barlby

| Selby

| YO8 5JB

| AAI (SELBY) LIMITED (REGISTERED NUMBER: 07092994) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial 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 company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Equity instruments

| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

| 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.

| 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.

| AAI (SELBY) LIMITED (REGISTERED NUMBER: 07092994) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2023 - 6 ) .

4. | TANGIBLE FIXED ASSETS

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024 | 107,682 |  | 3,196 |  | 110,878 |  |

| Disposals | (41,206 | ) | - |  | (41,206 | ) |

| At 31 December 2024 | 66,476 |  | 3,196 |  | 69,672 |  |

| DEPRECIATION

| At 1 January 2024 | 72,380 |  | 1,696 |  | 74,076 |  |

| Charge for year | 5,234 |  | 301 |  | 5,535 |  |

| Eliminated on disposal | (32,079 | ) | - |  | (32,079 | ) |

| At 31 December 2024 | 45,535 |  | 1,997 |  | 47,532 |  |

| NET BOOK VALUE

| At 31 December 2024 | 20,941 |  | 1,199 |  | 22,140 |  |

| At 31 December 2023 | 35,302 |  | 1,500 |  | 36,802 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 100 |  |

| NET BOOK VALUE

| At 31 December 2024 | 100 |  |

| At 31 December 2023 | 100 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 259,978 |  | 775,547 |  |

| Amounts owed by associates | 5,170 |  | 9,504 |  |

| Other debtors | - |  | 252,166 |  |

265,148 |  | 1,037,217 |  |

| AAI (SELBY) LIMITED (REGISTERED NUMBER: 07092994) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 45,833 |  | - |  |

| Trade creditors | 2,680 |  | 687 |  |

| Amounts owed to group undertakings | 39,527 |  | 33,452 |  |

| Taxation and social security | 230,083 |  | 416,355 |  |

| Other creditors | 10,204 |  | 12,426 |  |

328,327 |  | 462,920 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans | 221,528 |  | - |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| As at the year end date, amounts due to the company in respect of the Directors' Loan Account was in the sum of £Nil (2023 - £228,270.53).

10. | RELATED PARTY DISCLOSURES

| The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The accounts present information about the company as an individual entity and not about its group.

| Dividends totalling £531,270 (2023: £Nil) were paid in the year in respect of shares held by the

| company's directors.