IRIS Accounts Production v25.4.12.37 04992295 Board of Directors 31.3.24 30.3.25 30.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04992295 2024-03-30 04992295 2025-03-30 04992295 2024-03-31 2025-03-30 04992295 2023-03-30 04992295 2023-03-31 2024-03-30 04992295 2024-03-30 04992295 ns15:EnglandWales 2024-03-31 2025-03-30 04992295 ns14:PoundSterling 2024-03-31 2025-03-30 04992295 ns10:Director1 2024-03-31 2025-03-30 04992295 ns10:PrivateLimitedCompanyLtd 2024-03-31 2025-03-30 04992295 ns10:SmallEntities 2024-03-31 2025-03-30 04992295 ns10:AuditExempt-NoAccountantsReport 2024-03-31 2025-03-30 04992295 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-31 2025-03-30 04992295 ns10:SmallCompaniesRegimeForAccounts 2024-03-31 2025-03-30 04992295 ns10:FullAccounts 2024-03-31 2025-03-30 04992295 ns10:Director2 2024-03-31 2025-03-30 04992295 ns10:Director3 2024-03-31 2025-03-30 04992295 ns10:RegisteredOffice 2024-03-31 2025-03-30 04992295 ns5:CurrentFinancialInstruments 2025-03-30 04992295 ns5:CurrentFinancialInstruments 2024-03-30 04992295 ns5:Non-currentFinancialInstruments 2025-03-30 04992295 ns5:Non-currentFinancialInstruments 2024-03-30 04992295 ns5:ShareCapital 2025-03-30 04992295 ns5:ShareCapital 2024-03-30 04992295 ns5:RetainedEarningsAccumulatedLosses 2025-03-30 04992295 ns5:RetainedEarningsAccumulatedLosses 2024-03-30 04992295 ns5:PlantMachinery 2024-03-31 2025-03-30 04992295 ns5:FurnitureFittings 2024-03-31 2025-03-30 04992295 ns5:MotorVehicles 2024-03-31 2025-03-30 04992295 ns5:PlantMachinery 2024-03-30 04992295 ns5:FurnitureFittings 2024-03-30 04992295 ns5:MotorVehicles 2024-03-30 04992295 ns5:PlantMachinery 2025-03-30 04992295 ns5:FurnitureFittings 2025-03-30 04992295 ns5:MotorVehicles 2025-03-30 04992295 ns5:PlantMachinery 2024-03-30 04992295 ns5:FurnitureFittings 2024-03-30 04992295 ns5:MotorVehicles 2024-03-30 04992295 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-03-30 04992295 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-03-31 2025-03-30 04992295 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-03-30 04992295 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-03-30 04992295 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-30 04992295 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-30 04992295 ns10:Director3 3 2024-03-30 04992295 ns10:Director3 3 2023-03-30 04992295 ns10:Director3 3 2024-03-31 2025-03-30 04992295 ns10:Director3 3 2023-03-31 2024-03-30 04992295 ns10:Director3 3 2025-03-30 04992295 ns10:Director3 3 2024-03-30

REGISTERED NUMBER: 04992295 (England and Wales)

| Financial Statements

| for the Year Ended 30 March 2025

| for

| The AYS Group Limited

The AYS Group Limited (Registered number: 04992295)

Contents of the Financial Statements

for the Year Ended 30 March 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |

The AYS Group Limited

Company Information

for the Year Ended 30 March 2025

| DIRECTORS: | Mrs B Scrace

| Mr J Scrace

| REGISTERED OFFICE: | c/o Parker Cavendish, Suite 301

| Stanmore Business and Innovation Centre

| Howard Road

| Stanmore

| Middlesex

| HA7 1FW

| REGISTERED NUMBER: | 04992295 (England and Wales)

| ACCOUNTANTS: | Parker Cavendish

| Chartered Accountants

| Suite 301, Stanmore Business

| and Innovation Centre

| Howard Road

| Stanmore

| Middlesex

| HA7 1FW

The AYS Group Limited (Registered number: 04992295)

Statement of Financial Position

30 March 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 35,889 |  | 73,619 |  |

CURRENT ASSETS

Debtors | 5 | 594,579 |  | 464,553 |  |

Cash at bank and in hand | 52,682 |  | 4,777 |  |

647,261 |  | 469,330 |  |

CREDITORS

Amounts falling due within one year | 6 | (553,689 | ) | (456,720 | ) |

NET CURRENT ASSETS | 93,572 |  | 12,610 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 129,461 |  | 86,229 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (161,237 | ) | (91,374 | ) |

NET LIABILITIES | (31,776 | ) | (5,145 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (31,876 | ) | (5,245 | ) |

SHAREHOLDERS' FUNDS | (31,776 | ) | (5,145 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2026 and were signed on its behalf by:

Mr J Scrace - Director

The AYS Group Limited (Registered number: 04992295)

Notes to the Financial Statements

for the Year Ended 30 March 2025

1. | STATUTORY INFORMATION

| The AYS Group 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

| Turnover

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

| 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 | - | 33.33% on cost

| Fixtures and fittings | - | 33.33% on cost

| Motor vehicles | - | 33.33% on cost

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

The AYS Group Limited (Registered number: 04992295)

Notes to the Financial Statements - continued

for the Year Ended 30 March 2025

2. | ACCOUNTING POLICIES - continued

| Going concern

| The current situation in relation to the COVID-19 outbreak and in common with other businesses, the company is expected to see a decline in earnings. While the effect of this pandemic cannot be predicted with material certainty, the directors are taking the necessary steps to ensure the survival of the business which includes access to government funding and reducing / deferring expenditure where possible and will continue to do so for the foreseeable future. For these reasons, the directors continue to adopt the 'going concern' basis in preparing these financial statements.

| Government assisted loans

| Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 117 (2024 - 131 ) .

4. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 31 March 2024 | 13,042 |  | 7,313 |  | 110,522 |  | 130,877 |  |

| Additions | 1,005 |  | 1,184 |  | - |  | 2,189 |  |

| At 30 March 2025 | 14,047 |  | 8,497 |  | 110,522 |  | 133,066 |  |

| DEPRECIATION

| At 31 March 2024 | 8,819 |  | 6,241 |  | 42,198 |  | 57,258 |  |

| Charge for year | 2,175 |  | 907 |  | 36,837 |  | 39,919 |  |

| At 30 March 2025 | 10,994 |  | 7,148 |  | 79,035 |  | 97,177 |  |

| NET BOOK VALUE

| At 30 March 2025 | 3,053 |  | 1,349 |  | 31,487 |  | 35,889 |  |

| At 30 March 2024 | 4,223 |  | 1,072 |  | 68,324 |  | 73,619 |  |

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

| Motor

| vehicles

£ |

| COST

| At 31 March 2024

| and 30 March 2025 | 110,522 |  |

| DEPRECIATION

| At 31 March 2024 | 42,198 |  |

| Charge for year | 36,837 |  |

| At 30 March 2025 | 79,035 |  |

| NET BOOK VALUE

| At 30 March 2025 | 31,487 |  |

| At 30 March 2024 | 68,324 |  |

The AYS Group Limited (Registered number: 04992295)

Notes to the Financial Statements - continued

for the Year Ended 30 March 2025

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

2025 | 2024 |

£ | £ |

| Trade debtors | 337,321 |  | 351,644 |  |

| Other debtors | 257,258 |  | 112,909 |  |

594,579 |  | 464,553 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 60,405 |  | 60,890 |  |

| Hire purchase contracts (see note 8) | 11,732 |  | 8,386 |  |

| Trade creditors | 40,958 |  | 29,486 |  |

| Amounts owed to group undertakings | 71,414 |  | - |  |

| Taxation and social security | 152,583 |  | 128,035 |  |

| Other creditors | 216,597 |  | 229,923 |  |

553,689 |  | 456,720 |  |

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

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 8) | 63,128 |  | 74,860 |  |

| Other creditors | 98,109 |  | 16,514 |  |

161,237 |  | 91,374 |  |

8. | LEASING AGREEMENTS

| At 30 March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £10,624.42 (2024: £18,386.06).

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 March 2025 and 30 March 2024:

2025 | 2024 |

£ | £ |

| Mr J Scrace

| Balance outstanding at start of year | 80,998 |  | 82,650 |  |

| Amounts advanced | 102,303 |  | 94,348 |  |

| Amounts repaid | - |  | (96,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 183,301 |  | 80,998 |  |

| Interest on the loan has been charged at 2.25% (2024: 2.5 %)