IRIS Accounts Production v23.3.1.45 07170177 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071701772022-02-28071701772023-02-28071701772022-03-012023-02-28071701772021-02-28071701772021-03-012022-02-28071701772022-02-2807170177ns10:Originalns15:EnglandWales2022-03-012023-02-2807170177ns14:PoundSterlingns10:Original2022-03-012023-02-2807170177ns10:Originalns10:Director12022-03-012023-02-2807170177ns10:Original2022-03-012023-02-2807170177ns10:Original2023-02-2807170177ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807170177ns10:Originalns10:SmallEntities2022-03-012023-02-2807170177ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807170177ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2807170177ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2807170177ns10:Originalns10:FullAccounts2022-03-012023-02-2807170177ns10:Originalns10:RegisteredOffice2022-03-012023-02-2807170177ns10:Original2022-02-2807170177ns10:Originalns5:CurrentFinancialInstruments2023-02-2807170177ns10:Originalns5:CurrentFinancialInstruments2022-02-2807170177ns10:Originalns5:Non-currentFinancialInstruments2023-02-2807170177ns10:Originalns5:Non-currentFinancialInstruments2022-02-2807170177ns5:ShareCapitalns10:Original2023-02-2807170177ns5:ShareCapitalns10:Original2022-02-2807170177ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2807170177ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2807170177ns10:Originalns5:FurnitureFittings2022-03-012023-02-2807170177ns10:Originalns5:MotorVehicles2022-03-012023-02-2807170177ns10:Originalns5:ComputerEquipment2022-03-012023-02-2807170177ns10:Original2021-03-012022-02-2807170177ns10:Originalns5:FurnitureFittings2022-02-2807170177ns10:Originalns5:MotorVehicles2022-02-2807170177ns10:Originalns5:ComputerEquipment2022-02-2807170177ns10:Original2022-02-2807170177ns10:Originalns5:FurnitureFittings2023-02-2807170177ns10:Originalns5:MotorVehicles2023-02-2807170177ns10:Originalns5:ComputerEquipment2023-02-2807170177ns10:Originalns5:FurnitureFittings2022-02-2807170177ns10:Originalns5:MotorVehicles2022-02-2807170177ns10:Originalns5:ComputerEquipment2022-02-2807170177ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-012023-02-2807170177ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2807170177ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807170177ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 07170177 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

AYRE COMMUNICATIONS LIMITED

AYRE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 07170177)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AYRE COMMUNICATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: S Ayre





REGISTERED OFFICE: 409-411 Croydon Road
Beckenham
Kent
BR3 3PP





REGISTERED NUMBER: 07170177 (England and Wales)





ACCOUNTANTS: Edwards Chartered Accountants
409-411 Croydon Road
Beckenham
Kent
BR3 3PP

AYRE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 07170177)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 90,881 32,150

CURRENT ASSETS
Stocks 8,680 18,231
Debtors 5 12,594 33,985
Cash at bank and in hand 38,408 67,673
59,682 119,889
CREDITORS
Amounts falling due within one year 6 92,076 120,062
NET CURRENT LIABILITIES (32,394 ) (173 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,487

31,977

CREDITORS
Amounts falling due after more than one
year

7

(47,282

)

-

PROVISIONS FOR LIABILITIES (6,607 ) (5,707 )
NET ASSETS 4,598 26,270

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,498 26,170
SHAREHOLDERS' FUNDS 4,598 26,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AYRE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 07170177)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 director and authorised for issue on 24 November 2023 and were signed by:





S Ayre - Director


AYRE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 07170177)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Ayre Communications 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.

Turnover
Turnover 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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

AYRE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 07170177)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 4,700 - 53,594 58,294
Additions 1,031 66,000 2,871 69,902
Disposals (226 ) - (6,574 ) (6,800 )
At 28 February 2023 5,505 66,000 49,891 121,396
DEPRECIATION
At 1 March 2022 1,369 - 24,775 26,144
Charge for year 483 2,750 7,938 11,171
Eliminated on disposal (226 ) - (6,574 ) (6,800 )
At 28 February 2023 1,626 2,750 26,139 30,515
NET BOOK VALUE
At 28 February 2023 3,879 63,250 23,752 90,881
At 28 February 2022 3,331 - 28,819 32,150

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 66,000
At 28 February 2023 66,000
DEPRECIATION
Charge for year 2,750
At 28 February 2023 2,750
NET BOOK VALUE
At 28 February 2023 63,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,528 660
Other debtors 66 33,325
12,594 33,985

AYRE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 07170177)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 6,834 -
Trade creditors 3,444 24,888
Taxation and social security 80,948 94,325
Other creditors 850 849
92,076 120,062

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 47,282 -

8. TRANSACTIONS WITH DIRECTORS

During the year, dividends of £70,300 were voted in favour of the director.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Ayre.