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REGISTERED NUMBER: 08070632 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024

FOR

AIRFLOW DESIGN SERVICES LIMITED

AIRFLOW DESIGN SERVICES LIMITED (REGISTERED NUMBER: 08070632)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AIRFLOW DESIGN SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2024







DIRECTORS: Mr D R Blakey
Mr S P Byrne
Mr J P Kehoe
Mr K B Sheppard
Mr P J Turner
Mrs A L Martin





REGISTERED OFFICE: 8 Colne Way Court
Colne Way
Watford
Hertfordshire
WD24 7NE





REGISTERED NUMBER: 08070632 (England and Wales)





ACCOUNTANTS: Meades Group Limited
39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB

AIRFLOW DESIGN SERVICES LIMITED (REGISTERED NUMBER: 08070632)

STATEMENT OF FINANCIAL POSITION
31ST JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,283 18,603

CURRENT ASSETS
Debtors 5 1,092,965 1,394,077
Cash at bank 642,047 643,078
1,735,012 2,037,155
CREDITORS
Amounts falling due within one
year

6

954,962

1,082,615
NET CURRENT ASSETS 780,050 954,540
TOTAL ASSETS LESS CURRENT
LIABILITIES

791,333

973,143

CREDITORS
Amounts falling due after more
than one year

7

(37,534

)

(91,738

)

PROVISIONS FOR LIABILITIES (1,484 ) (1,705 )
NET ASSETS 752,315 879,700

CAPITAL AND RESERVES
Called up share capital 40 40
Retained earnings 752,275 879,660
752,315 879,700

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

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

AIRFLOW DESIGN SERVICES LIMITED (REGISTERED NUMBER: 08070632)

STATEMENT OF FINANCIAL POSITION - continued
31ST JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th February 2025 and were signed on its behalf by:





Mr D R Blakey - Director


AIRFLOW DESIGN SERVICES LIMITED (REGISTERED NUMBER: 08070632)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024

1. STATUTORY INFORMATION

Airflow Design Services 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.
Long leasehold - Straight line over 10 years
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 9 (2023 - 12 ) .

AIRFLOW DESIGN SERVICES LIMITED (REGISTERED NUMBER: 08070632)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor
leasehold fittings vehicles Totals
£    £    £    £   
COST
At 1st August 2023 9,850 13,015 28,531 51,396
Disposals - - (15,000 ) (15,000 )
At 31st July 2024 9,850 13,015 13,531 36,396
DEPRECIATION
At 1st August 2023 5,910 9,522 17,361 32,793
Charge for year 985 873 1,977 3,835
Eliminated on disposal - - (11,515 ) (11,515 )
At 31st July 2024 6,895 10,395 7,823 25,113
NET BOOK VALUE
At 31st July 2024 2,955 2,620 5,708 11,283
At 31st July 2023 3,940 3,493 11,170 18,603

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 749,195 808,041
Amounts owed by group undertakings 24,960 108,580
Directors' current accounts 50,000 -
PAYE/NI repayable 70,224 292,183
VAT 50,242 44,489
Prepayments and accrued income 148,344 140,784
1,092,965 1,394,077

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 49,992 49,992
Hire purchase contracts 3,309 4,544
Trade creditors 534,957 850,358
Amounts owed to group undertakings 306,837 100,562
Corporation tax 50,343 74,439
Credit card 9,524 2,720
954,962 1,082,615

AIRFLOW DESIGN SERVICES LIMITED (REGISTERED NUMBER: 08070632)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 37,534 88,201
Hire purchase contracts - 3,537
37,534 91,738

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2024 and 31st July 2023:

2024 2023
£    £   
Mr S P Byrne
Balance outstanding at start of year - -
Amounts advanced 50,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50,000 -

The directors' current account balances include no interest charge and have been repaid on 2nd January 2025.