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REGISTERED NUMBER: 05955828 (England and Wales)
























A1R SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






A1R SERVICES LIMITED (REGISTERED NUMBER: 05955828)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


A1R SERVICES LIMITED (REGISTERED NUMBER: 05955828)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,210 21,614

CURRENT ASSETS
Stocks 115,500 -
Debtors 5 684,947 750,540
Cash at bank 206,830 230,623
1,007,277 981,163
CREDITORS
Amounts falling due within one year 6 384,933 472,470
NET CURRENT ASSETS 622,344 508,693
TOTAL ASSETS LESS CURRENT LIABILITIES 638,554 530,307

CREDITORS
Amounts falling due after more than one
year

7

(7,659

)

(43,860

)

PROVISIONS FOR LIABILITIES (4,050 ) (4,220 )
NET ASSETS 626,845 482,227

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 626,645 482,027
626,845 482,227

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 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.

A1R SERVICES LIMITED (REGISTERED NUMBER: 05955828)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2024 and were signed by:





D G Parker - Director


A1R SERVICES LIMITED (REGISTERED NUMBER: 05955828)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

A1R Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05955828

Registered office: 6-7 Castle Gate
Castle Street
Hertford
Hertfordshire
SG14 1HD

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.

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

A1R SERVICES LIMITED (REGISTERED NUMBER: 05955828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

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 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 22,585 75,398 97,983
DEPRECIATION
At 1 April 2023 21,786 54,583 76,369
Charge for year 200 5,204 5,404
At 31 March 2024 21,986 59,787 81,773
NET BOOK VALUE
At 31 March 2024 599 15,611 16,210
At 31 March 2023 799 20,815 21,614

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 356,275 512,687
Other debtors 328,672 237,853
684,947 750,540

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 30,493 30,493
Hire purchase contracts - 4,351
Trade creditors 260,525 251,336
Taxation and social security 92,748 182,790
Other creditors 1,167 3,500
384,933 472,470

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 7,659 32,659
Hire purchase contracts - 11,201
7,659 43,860

A1R SERVICES LIMITED (REGISTERED NUMBER: 05955828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. RELATED PARTY DISCLOSURES

During the year, Mr Parker (Director) was loaned money by the company with no set repayment date. At the year end the amount due to the company from the director was £228,467 (2023: £134,677).

Also during the year, Mr and Mrs Parker received dividends from the company in accordance with their shareholding of £70,000 (2023: £70,000).

9. ULTIMATE CONTROLLING PARTY

The controlling party is D G Parker.