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REGISTERED NUMBER: 05331766 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Airedale Industrial Limited

Airedale Industrial Limited (Registered number: 05331766)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Airedale Industrial Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: A Quinlan





REGISTERED OFFICE: Unit 6, Walk Mills
The Walk
Coney Lane
KEIGHLEY
West Yorkshire
BD21 5AR





REGISTERED NUMBER: 05331766 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Airedale Industrial Limited (Registered number: 05331766)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,523 4,262

CURRENT ASSETS
Stocks 5 48,328 50,712
Debtors 6 58,629 47,138
Cash at bank and in hand 3,297 2,244
110,254 100,094
CREDITORS
Amounts falling due within one year 7 (71,167 ) (49,227 )
NET CURRENT ASSETS 39,087 50,867
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,610

55,129

CREDITORS
Amounts falling due after more than one
year

8

(4,767

)

(9,167

)

PROVISIONS FOR LIABILITIES 10 (859 ) (810 )
NET ASSETS 37,984 45,152

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 36,984 44,152
SHAREHOLDERS' FUNDS 37,984 45,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Income and Retained Earnings has not been delivered.

Airedale Industrial Limited (Registered number: 05331766)

Statement of Financial Position - continued
30 April 2024



The financial statements were approved by the director and authorised for issue on 5 August 2024 and were signed by:





A Quinlan - Director


Airedale Industrial Limited (Registered number: 05331766)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Airedale Industrial 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 represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

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 reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Airedale Industrial Limited (Registered number: 05331766)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 1,691 8,302 17,699 5,123 32,815
Additions 1,441 - - - 1,441
Disposals (1,031 ) - (2,654 ) (124 ) (3,809 )
At 30 April 2024 2,101 8,302 15,045 4,999 30,447
DEPRECIATION
At 1 May 2023 1,566 5,544 17,478 3,965 28,553
Charge for year 389 413 48 290 1,140
Eliminated on disposal (1,023 ) - (2,623 ) (123 ) (3,769 )
At 30 April 2024 932 5,957 14,903 4,132 25,924
NET BOOK VALUE
At 30 April 2024 1,169 2,345 142 867 4,523
At 30 April 2023 125 2,758 221 1,158 4,262

5. STOCKS
30.4.24 30.4.23
£    £   
Stocks 48,328 50,712

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 42,271 43,705
Prepayments 16,358 3,433
58,629 47,138

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 9,657 13,853
Trade creditors 29,649 29,946
Corporate taxation - 853
Social security and other taxes 3,217 3,148
Credit card 1,685 (12 )
Directors' current accounts 24,815 9
Accrued expenses 2,144 1,430
71,167 49,227

Airedale Industrial Limited (Registered number: 05331766)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 4,400 4,400
Bank loans - 2-5 years 367 4,767
4,767 9,167

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 9,167 13,567

10. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 859 810

Deferred
tax
£   
Balance at 1 May 2023 810
Provided during year 49
Balance at 30 April 2024 859

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Airedale Industrial Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Airedale Industrial Limited for the year ended 30 April 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Airedale Industrial Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Airedale Industrial Limited and state those matters that we have agreed to state to the director of Airedale Industrial Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Airedale Industrial Limited and its director for our work or for this report.

It is your duty to ensure that Airedale Industrial Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Airedale Industrial Limited. You consider that Airedale Industrial Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Airedale Industrial Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


5 August 2024