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REGISTERED NUMBER: 04137175 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2024

for

AirisQ Limited

AirisQ Limited (Registered number: 04137175)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

AirisQ Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R P Barry
P J S Twynam





REGISTERED OFFICE: Suite 13
Hawley Manor
Hawley Road
Dartford
Kent
DA1 1PX





REGISTERED NUMBER: 04137175 (England and Wales)





ACCOUNTANTS: SADLER FOGARTY SERVICES LTD
T/AS Sadler Davies & Co
Chartered Accountants
3 Enterprise House
8 Essex Road
Dartford
Kent
DA1 2AU

AirisQ Limited (Registered number: 04137175)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 68,730 40,251

CURRENT ASSETS
Debtors 5 350,728 300,085
Cash at bank and in hand 675,861 541,881
1,026,589 841,966
CREDITORS
Amounts falling due within one year 6 425,992 316,717
NET CURRENT ASSETS 600,597 525,249
TOTAL ASSETS LESS CURRENT
LIABILITIES

669,327

565,500

PROVISIONS FOR LIABILITIES 7 17,183 7,648
NET ASSETS 652,144 557,852

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 652,044 557,752
SHAREHOLDERS' FUNDS 652,144 557,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

AirisQ Limited (Registered number: 04137175)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





P J S Twynam - Director


AirisQ Limited (Registered number: 04137175)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

AirisQ 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.

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.
Plant and machinery etc - 33% on cost and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


AirisQ Limited (Registered number: 04137175)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 25 (2023 - 20 ) .

AirisQ Limited (Registered number: 04137175)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 April 2023 221,176
Additions 71,384
Disposals (2,857 )
At 31 March 2024 289,703
DEPRECIATION
At 1 April 2023 180,925
Charge for year 42,905
Eliminated on disposal (2,857 )
At 31 March 2024 220,973
NET BOOK VALUE
At 31 March 2024 68,730
At 31 March 2023 40,251

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 336,267 290,837
Other debtors 13,961 9,248
350,228 300,085

Amounts falling due after more than one year:
Other debtors 500 -

Aggregate amounts 350,728 300,085

AirisQ Limited (Registered number: 04137175)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.24 31.3.23
£    £   
Trade creditors 97,880 51,696
Taxation and social security 297,047 244,614
Other creditors 31,065 20,407
425,992 316,717

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax
Accelerated capital allowances 17,183 7,648

Deferred
tax
£   
Balance at 1 April 2023 7,648
Charge to Statement of Income and Retained Earnings during
year

9,535
Balance at 31 March 2024 17,183

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

AirisQ Limited

Report of the Accountants to the Directors of
AirisQ Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages four to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






SADLER FOGARTY SERVICES LTD
T/AS Sadler Davies & Co
Chartered Accountants
3 Enterprise House
8 Essex Road
Dartford
Kent
DA1 2AU


29 July 2024