Company No: 05929820 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	82,310		127,088
		82,310		127,088
Current assets
Debtors	5	1,107,407		613,619
Cash at bank and in hand		34,905		28,550
		1,142,312		642,169
Creditors: amounts falling due within one year	6	( 631,722)		( 142,489)
Net current assets		510,590		499,680
Total assets less current liabilities		592,900		626,768
Creditors: amounts falling due after more than one year	7	( 1,078)		( 20,001)
Provision for liabilities		( 19,914)		( 23,609)
Net assets		571,908		583,158
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		571,808		583,058
Total shareholder's funds		571,908		583,158

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of AES Compliance and Testing Limited (registered number: 05929820) were approved and authorised for issue by the Board of Directors on 28 August 2026. They were signed on its behalf by:

Mr A Brooks Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

AES Compliance and Testing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 4b Oaklands Court Tiverton Way, Tiverton Business Park, Tiverton, EX16 6TG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	3 years straight line
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Prior year adjustment

The 2024 accounts have been restated to reflect the following:

Indirect wages, salaries and pension costs have historically been included under cost of sales. The directors are of the opinion that these costs should be shown under administrative expenses as they do not relate directly to the company’s trading activities. The directors also believe that certain travel, accommodation, licence and certification fees and materials, which relate directly to trading activities, should be shown under cost of sales instead of administrative expenses. The 2024 comparative figures have therefore been restated to reflect these changes in presentation.

		As previously reported		Adjustment		As restated
Year ended 30 November 2024		£		£		£
Statement of income and retained earnings - Cost of sales		(1,428,410)		236,817		(1,191,593)
Statement of income and retained earnings - Administrative expenses		(987,240)		(236,817)		(1,224,057)

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	40		38

4. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 December 2024	80,027		278,841		358,868
Additions	0		25,861		25,861
Disposals	( 51,270)		( 40,197)		( 91,467)
At 30 November 2025	28,757		264,505		293,262
Accumulated depreciation
At 01 December 2024	47,479		184,301		231,780
Charge for the financial year	9,577		40,371		49,948
Disposals	( 33,932)		( 36,844)		( 70,776)
At 30 November 2025	23,124		187,828		210,952
Net book value
At 30 November 2025	5,633		76,677		82,310
At 30 November 2024	32,548		94,540		127,088

5. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	1,058,484		581,323
Prepayments and accrued income	48,224		28,797
VAT recoverable	0		3,499
Other debtors	699		0
	1,107,407		613,619

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	5,834		10,000
Trade creditors	22,014		20,518
Amounts owed to Group undertakings	533,779		0
Accruals	25,559		31,972
Other taxation and social security	30,295		58,945
Obligations under finance leases and hire purchase contracts	7,657		14,248
Other creditors	6,584		6,806
	631,722		142,489

The obligations under hire purchase contracts are secured against the asset to which they relate.

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		5,833
Obligations under finance leases and hire purchase contracts	1,078		14,168
	1,078		20,001

The obligations under hire purchase contracts are secured against the asset to which they relate.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100