REGISTERED NUMBER: 06060494 (England and Wales)

AATAX Limited

Unaudited Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A Aggarwal

R C Abel

REGISTERED OFFICE:

3 - 5 London Road

Rainham

Gillingham

Kent

ME8 7RG

REGISTERED NUMBER:

06060494 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Intangible assets

4

61,181

-

Tangible assets

5

14,392

-

75,573

-

CURRENT ASSETS

Debtors

6

600,215

-

Cash at bank and in hand

12,125

2

612,340

2

CREDITORS

Amounts falling due within one year

7

297,542

-

NET CURRENT ASSETS

314,798

2

TOTAL ASSETS LESS CURRENT LIABILITIES

390,371

2

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

390,369

-

SHAREHOLDERS' FUNDS

390,371

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

A Aggarwal - Director

1.	STATUTORY INFORMATION

AATAX 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.

Income recognition

Turnover represents the net invoiced value of accountancy services, excluding value added tax, and is recognised when the company obtains the right to consideration.

Intangible assets

Goodwill, being the amount paid in connection with the acquisition of accountancy businesses, is being

amortised from the acquisition date evenly over its estimated useful life of 10 years .

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

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 statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2025 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

67,979

At 31 March 2026

67,979

AMORTISATION

Charge for year

6,798

At 31 March 2026

6,798

NET BOOK VALUE

At 31 March 2026

61,181

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

19,189

At 31 March 2026

19,189

DEPRECIATION

Charge for year

4,797

At 31 March 2026

4,797

NET BOOK VALUE

At 31 March 2026

14,392

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

381,061

-

Amounts recoverable on contracts

219,154

-

600,215

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

263,303

-

Other creditors

34,239

-

297,542

-