Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06110453 Mr Robert Monaghan Mrs Kirsty Monaghan Robert Monaghan true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06110453 2023-03-31 06110453 2024-03-31 06110453 2023-04-01 2024-03-31 06110453 frs-core:CurrentFinancialInstruments 2024-03-31 06110453 frs-core:ShareCapital 2024-03-31 06110453 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06110453 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06110453 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06110453 frs-bus:SmallEntities 2023-04-01 2024-03-31 06110453 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06110453 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06110453 1 2023-04-01 2024-03-31 06110453 frs-bus:Director1 2023-04-01 2024-03-31 06110453 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06110453 frs-countries:EnglandWales 2023-04-01 2024-03-31 06110453 2022-03-31 06110453 2023-03-31 06110453 2022-04-01 2023-03-31 06110453 frs-core:CurrentFinancialInstruments 2023-03-31 06110453 frs-core:ShareCapital 2023-03-31 06110453 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06110453
Air Innovation Consultants Limited
Financial Statements
For The Year Ended 31 March 2024
Gillespie's
Chartered Accountants
33 Leslie Street
Blairgowrie
Perthshire
PH10 6AW
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 06110453
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 318,919 389,303
318,919 389,303
NET CURRENT ASSETS (LIABILITIES) 318,919 389,303
TOTAL ASSETS LESS CURRENT LIABILITIES 318,919 389,303
NET ASSETS 318,919 389,303
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 318,819 389,203
SHAREHOLDERS' FUNDS 318,919 389,303
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Robert Monaghan
Director
16th April 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Air Innovation Consultants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06110453 . The registered office is 131 Rosebery Road, Muswell Hill, London, N10 2LD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Debtors
2024 2023
£ £
Due within one year
Amounts owed by connected party 318,919 389,303
Included within Debtors is a balance due from the related partner of £318,919 (2023 - £389,302)
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
6. Related Party Transactions
This Company was a partner is the Design Consultancy partnership Air Create. This partnership ceased on 6 June 2014. The Director has a material interest in these arrangement as a partner also.
7. Ultimate Controlling Party
The company's ultimate controlling party is Robert Monaghan by virtue of his ownership of 60% of the issued share capital in the company.
Page 2