smallAccCompHo_0921.xslt
Company Registration No. 04136174 (England and Wales)
Aircare Air Conditioning Services Limited
Financial Statements
for the Period from 01 February 2023 to 31 January 2024

Aircare Air Conditioning Services Limited

Financial Statements for the period ending 31 January 2024

Aircare Air Conditioning Services Limited

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

1. Statutory Information
Aircare Air Conditioning Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04136174.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.

Aircare Air Conditioning Services Limited

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

Current Tax
Current taxation is recognised as the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Tangible Fixed Asset Policy
Depreciation is provided at the following rates in order to write off each asset over its estimated useful life or, if held under finance lease, over the lease term, whichever is shorterLand and Buildings 2% on costMotor Vehicles 25% on reducing balance basisFixtures and Fittings 15% on reducing balance basisPlant and Equipment 15% on reducing balance basis

Aircare Air Conditioning Services Limited

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

Stock
Stocks are valued at the lower of cost and net realisable value, after making allowance for obsolete and slow moving items.
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.

Aircare Air Conditioning Services Limited

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 18
2023 19
4. Principal Activity
The principal activity of the company was that of building service maintenance and facility management, together with the installation and servicing of air conditioning equipment.

Aircare Air Conditioning Services Limited

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

5. Fixed Assets
Land and buildings Plant and Machinery Motor Vehicles Fixtures and Fittings Total
Cost or valuation £ £ £ £ £
At 01/02/2023 343,962 3,558 144,613 70,239 562,372
Additions - 740 165,469 717 166,926
Disposals - - (92,280) - (92,280)
At 31/01/2024 343,962 4,298 217,802 70,956 637,018
Depreciation
At 01/02/2023 48,154 719 84,763 56,794 190,430
Charge for the year 6,879 518 32,984 2,062 42,443
Disposals - - (66,243) - (66,243)
At 31/01/2024 55,033 1,237 51,504 58,856 166,630
Net Book Value
At 31/01/2024 288,929 3,061 166,298 12,100 470,388
At 31/01/2023 295,808 2,839 59,850 13,445 371,942