Company Registration No. 2320483 (England and Wales)
AIRSTREAM COMMUNICATIONS LIMITED
Unaudited accounts
for the year ended 30 April 2024
AIRSTREAM COMMUNICATIONS LIMITED
Unaudited accounts
Contents
AIRSTREAM COMMUNICATIONS LIMITED
Company Information
for the year ended 30 April 2024
Company Number
2320483 (England and Wales)
Registered Office
49 Station Road
Polegate
East Sussex
BN26 6EA
Accountants
Angela MacCarthy Limited T A On The Spot
7 Chalfont Drive
Hove
East Sussex
BN3 6QR
AIRSTREAM COMMUNICATIONS LIMITED
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
3,345
6,030
Creditors: amounts falling due within one year
(46,102)
(35,134)
Net current assets
13,167
29,463
Total assets less current liabilities
13,167
29,463
Creditors: amounts falling due after more than one year
(21,325)
(26,520)
Net (liabilities)/assets
(8,158)
2,943
Called up share capital
100
100
Profit and loss account
(8,258)
2,843
Shareholders' funds
(8,158)
2,943
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 January 2025 and were signed on its behalf by
Brian Hall
Director
Company Registration No. 2320483
AIRSTREAM COMMUNICATIONS LIMITED
Notes to the Accounts
for the year ended 30 April 2024
AIRSTREAM COMMUNICATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 2320483. The registered office is 49 Station Road, Polegate, East Sussex, BN26 6EA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Despite a challenging economic climate, the company retains the support of its director. It therefore continues to adopt the going concern basis of accounting.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.
AIRSTREAM COMMUNICATIONS LIMITED
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
11,258
4,785
16,043
At 30 April 2024
11,258
4,785
16,043
At 1 May 2023
11,258
4,785
16,043
At 30 April 2024
11,258
4,785
16,043
Amounts falling due within one year
Trade debtors
55,399
58,408
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,133
18,387
Trade creditors
7,481
7,708
Taxes and social security
35
309
Other creditors
1,873
1,810
Loans from directors
28,580
6,920
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
The transactions with the director and shareholder have not been conducted under normal market conditions: A balance of £28,580 is owed to the director at the year end. No interest is being charged to the company.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).