Aimsir Limited - Period Ending 2019-07-31

Aimsir Limited

Annual Report and Unaudited Financial Statements
Year Ended 31 July 2019

Registration number: 10890508

Aimsir Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 3

Aimsir Limited

Balance Sheet

31 July 2019

	Note	2019 £	2018 £
Current assets
Debtors	4	60,000	1
Cash at bank and in hand		38,453	374,980
		98,453	374,981
Creditors: Amounts falling due within one year	5	(652,985)	(374,999)
Net liabilities		(554,532)	(18)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(554,534)	(20)
Total equity		(554,532)	(18)

For the financial year ending 31 July 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 24 January 2020 and signed on its behalf by:
 

.........................................

K Hanson

Director

Company Registration Number: 10890508

The notes on pages 2 to 3 form an integral part of these financial statements.

Page 1

Aimsir Limited

Notes to the Financial Statements

Year Ended 31 July 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 12 Riverside Park
Station Road
Wimborne
Dorset
BH21 1QU

These financial statements were authorised for issue by the Board on 24 January 2020.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Despite the fact that the balance sheet is showing net liabilities, these financial statements have been prepared on a going concern basis due to the ongoing financial support of the shareholders.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2018 - 2).

4

Debtors

	2019 £	2018 £
Other debtors	60,000	1
	60,000	1

Page 2

Aimsir Limited

Notes to the Financial Statements

Year Ended 31 July 2019

5

Creditors

Creditors: amounts falling due within one year

	Note	2019 £	2018  £
Due within one year
Loans and borrowings	6	652,985	374,999

6	Loans and borrowings

	2019 £	2018 £
Current loans and borrowings
Other borrowings	652,985	374,999

Page 3