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REGISTERED NUMBER: 05057638 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

AIRLINK 4 U LIMITED

AIRLINK 4 U LIMITED (REGISTERED NUMBER: 05057638)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AIRLINK 4 U LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Tirath Ram Dubb
Sital Ram Dubb





SECRETARY: Sital Ram Dubb





REGISTERED OFFICE: 121 Soho Hill
Hockley
Birmingham
West Midlands
B19 1AX





REGISTERED NUMBER: 05057638 (England and Wales)





ACCOUNTANTS: Brindleys Limited
2 Wheeleys Road
Edgbaston
Birmingham
West Midlands
B15 2LD

AIRLINK 4 U LIMITED (REGISTERED NUMBER: 05057638)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,705 10,527

CURRENT ASSETS
Debtors 5 2,918 1,442
Cash at bank 19,448 56,915
22,366 58,357
CREDITORS
Amounts falling due within one year 6 16,878 27,467
NET CURRENT ASSETS 5,488 30,890
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,193

41,417

CREDITORS
Amounts falling due after more than one year 7 (11,015 ) (21,040 )

PROVISIONS FOR LIABILITIES 9 - (1,948 )
NET ASSETS 3,178 18,429

CAPITAL AND RESERVES
Called up share capital 10 4 4
Retained earnings 11 3,174 18,425
SHAREHOLDERS' FUNDS 3,178 18,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

AIRLINK 4 U LIMITED (REGISTERED NUMBER: 05057638)

Balance Sheet - continued
29 February 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





Sital Ram Dubb - Director


AIRLINK 4 U LIMITED (REGISTERED NUMBER: 05057638)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Airlink 4 U 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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.

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.

Holiday pay
Holiday pay is recognised as an expense in the period in which the service is received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

AIRLINK 4 U LIMITED (REGISTERED NUMBER: 05057638)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 55,265 10,250 65,515
DEPRECIATION
At 1 March 2023 47,171 7,817 54,988
Charge for year 1,214 608 1,822
At 29 February 2024 48,385 8,425 56,810
NET BOOK VALUE
At 29 February 2024 6,880 1,825 8,705
At 28 February 2023 8,094 2,433 10,527

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,185 317
Deferred tax asset 894 -
Prepayments 839 1,125
2,918 1,442

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 11,244 11,244
Trade creditors 1 1
Corporation tax - 4,936
Social security and other taxes - 897
Other creditors 3,833 4,548
Directors' current accounts - 3,895
Accrued expenses 1,800 1,946
16,878 27,467

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 11,015 21,040

AIRLINK 4 U LIMITED (REGISTERED NUMBER: 05057638)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 11,244 11,244

Amounts falling due between one and two years:
Bank loans - 1-2 years 11,015 11,244

Amounts falling due between two and five years:
Bank loans - 2-5 years - 9,796

9. PROVISIONS FOR LIABILITIES
2023
£   
Deferred tax 1,948

Deferred
tax
£   
Balance at 1 March 2023 1,948
Provided during year (2,842 )
Balance at 29 February 2024 (894 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 4 4

11. RESERVES
Retained
earnings
£   

At 1 March 2023 18,425
Deficit for the year (11,251 )
Dividends (4,000 )
At 29 February 2024 3,174