IRIS Accounts Production v24.2.0.383 03745814 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037458142023-03-31037458142024-03-31037458142023-04-012024-03-31037458142022-03-31037458142022-04-012023-03-31037458142023-03-3103745814ns15:EnglandWales2023-04-012024-03-3103745814ns14:PoundSterling2023-04-012024-03-3103745814ns10:Director12023-04-012024-03-3103745814ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103745814ns10:SmallEntities2023-04-012024-03-3103745814ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103745814ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103745814ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103745814ns10:FullAccounts2023-04-012024-03-3103745814ns10:OrdinaryShareClass12023-04-012024-03-3103745814ns10:Director22023-04-012024-03-3103745814ns10:RegisteredOffice2023-04-012024-03-3103745814ns5:CurrentFinancialInstruments2024-03-3103745814ns5:CurrentFinancialInstruments2023-03-3103745814ns5:Non-currentFinancialInstruments2024-03-3103745814ns5:Non-currentFinancialInstruments2023-03-3103745814ns5:ShareCapital2024-03-3103745814ns5:ShareCapital2023-03-3103745814ns5:RetainedEarningsAccumulatedLosses2024-03-3103745814ns5:RetainedEarningsAccumulatedLosses2023-03-3103745814ns5:PlantMachinery2023-04-012024-03-3103745814ns5:PlantMachinery2023-03-3103745814ns5:PlantMachinery2024-03-3103745814ns5:PlantMachinery2023-03-3103745814ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3103745814ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103745814ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3103745814ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3103745814ns10:OrdinaryShareClass12024-03-3103745814ns5:RetainedEarningsAccumulatedLosses2023-03-3103745814ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 03745814 (England and Wales)























Unaudited Financial Statements for the Year Ended 31st March 2024

for

Air Distribution Management Limited

Air Distribution Management Limited (Registered number: 03745814)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Air Distribution Management Limited

Company Information
for the Year Ended 31st March 2024







Directors: Mrs Beverley Anne Myers
MR Philip Lawrence Myers





Registered office: 16 Westgate
Baildon
Shipley
West Yorkshire
BD17 5EJ





Registered number: 03745814 (England and Wales)





Accountants: Holmes & Co Accountants Ltd
16 Westgate
Baildon
Shipley
West Yorkshire
BD17 5EJ

Air Distribution Management Limited (Registered number: 03745814)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 2,718 5,104

Current assets
Stocks 5 3,517 3,517
Debtors 6 131,536 120,509
Cash in hand 4,808 69,222
139,861 193,248
Creditors
Amounts falling due within one year 7 134,929 185,577
Net current assets 4,932 7,671
Total assets less current liabilities 7,650 12,775

Creditors
Amounts falling due after more than one year 8 - 5,796
Net assets 7,650 6,979

Capital and reserves
Called up share capital 10 2 2
Retained earnings 11 7,648 6,977
Shareholders' funds 7,650 6,979

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

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

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 Board of Directors and authorised for issue on 30th August 2024 and were signed on its behalf by:





Mrs Beverley Anne Myers - Director


Air Distribution Management Limited (Registered number: 03745814)

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

1. Statutory information

Air Distribution Management 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.
Plant and machinery - 25% on cost and 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
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 11 (2023 - 8 ) .

Air Distribution Management Limited (Registered number: 03745814)

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

4. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1st April 2023 76,911
Additions 250
At 31st March 2024 77,161
Depreciation
At 1st April 2023 71,807
Charge for year 2,636
At 31st March 2024 74,443
Net book value
At 31st March 2024 2,718
At 31st March 2023 5,104

5. Stocks
2024 2023
£    £   
Stocks 3,517 3,517

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 45,699 56,807
Amounts owed by group undertakings 52,474 27,369
Other debtors 4,850 11,553
Social security and other tax 11,579 1,768
VAT - 13,694
Prepayments 16,934 9,318
131,536 120,509

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 5,797 9,996
Trade creditors 104,412 170,266
Tax 13,117 2,695
VAT 8,295 -
Other creditors 3,308 2,620
134,929 185,577

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans (see note 9) - 5,796

Air Distribution Management Limited (Registered number: 03745814)

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

9. Loans

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,797 9,996

Amounts falling due between one and two years:
Bank loans - 1-2 years - 5,796

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

11. Reserves
Retained
earnings
£   

At 1st April 2023 6,977
Profit for the year 40,671
Dividends (40,000 )
At 31st March 2024 7,648