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REGISTERED NUMBER: 06903502 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Liquidair Ltd

Liquidair Ltd (Registered number: 06903502)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Liquidair Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: J Faulkner
Mrs V Faulkner





REGISTERED OFFICE: 1a Amberside House
Wood Lane
Paradise Industrial Estate
Hemel Hempstead
Hertfordshire
HP2 4TP





REGISTERED NUMBER: 06903502 (England and Wales)





ACCOUNTANT: G Jakeman
1a Amberside House
Wood Lane
Paradise Industrial Estate
Hemel Hempstead
Hertfordshire
HP2 4TP

Liquidair Ltd (Registered number: 06903502)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,114 21,884

CURRENT ASSETS
Stocks 1,500 1,000
Debtors 5 30,505 30,541
Cash at bank and in hand 5,800 43,171
37,805 74,712
CREDITORS
Amounts falling due within one year 6 64,738 66,718
NET CURRENT (LIABILITIES)/ASSETS (26,933 ) 7,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,181

29,878

CREDITORS
Amounts falling due after more than one
year

7

(5,760

)

-

PROVISIONS FOR LIABILITIES (8,382 ) (4,158 )
NET ASSETS 3,039 25,720

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 3,035 25,716
SHAREHOLDERS' FUNDS 3,039 25,720

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

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

Liquidair Ltd (Registered number: 06903502)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 2 January 2025 and were signed on its behalf by:





J Faulkner - Director


Liquidair Ltd (Registered number: 06903502)

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

1. STATUTORY INFORMATION

Liquidair Ltd 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 etc - 20% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 39,732
Additions 28,007
At 31 May 2024 67,739
DEPRECIATION
At 1 June 2023 17,848
Charge for year 5,777
At 31 May 2024 23,625
NET BOOK VALUE
At 31 May 2024 44,114
At 31 May 2023 21,884

5. DEBTORS
31.5.24 31.5.23
£    £   
Amounts falling due within one year:
Trade debtors 15,505 15,541

Liquidair Ltd (Registered number: 06903502)

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

5. DEBTORS - continued
31.5.24 31.5.23
£    £   
Amounts falling due after more than one year:
Amounts owed by participating interests 15,000 15,000

Aggregate amounts 30,505 30,541

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 9,117 14,438
Hire purchase contracts 4,320 -
Trade creditors 1,491 9,665
Taxation and social security 23,789 29,622
Other creditors 26,021 12,993
64,738 66,718

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 5,760 -