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REGISTERED NUMBER: 08622118 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Airborne Industrial Services Limited

Airborne Industrial Services Limited (Registered number: 08622118)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Airborne Industrial Services Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: J B Walker





REGISTERED OFFICE: 29 Creek Road
Hayling Island
Hampshire
PO11 9QZ





REGISTERED NUMBER: 08622118 (England and Wales)





ACCOUNTANTS: Moss & Co (Direct Accounts) Limited
Rapley House
29 Creek Road
Hayling Island
Hampshire
PO11 9QZ

Airborne Industrial Services Limited (Registered number: 08622118)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,435 21,331

CURRENT ASSETS
Debtors 5 21,019 10,828
Cash at bank and in hand 4,248 23,982
25,267 34,810
CREDITORS
Amounts falling due within one year 6 19,791 14,489
NET CURRENT ASSETS 5,476 20,321
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,911

41,652

CREDITORS
Amounts falling due after more than
one year

7

(7,333

)

(11,589

)

PROVISIONS FOR LIABILITIES (7,493 ) (4,053 )
NET ASSETS 30,085 26,010

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 30,084 26,009
SHAREHOLDERS' FUNDS 30,085 26,010

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

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

Airborne Industrial Services Limited (Registered number: 08622118)

Balance Sheet - continued
31 August 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 director and authorised for issue on 1 March 2025 and were signed by:





J B Walker - Director


Airborne Industrial Services Limited (Registered number: 08622118)

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

1. STATUTORY INFORMATION

Airborne Industrial 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

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.

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.

Airborne Industrial Services Limited (Registered number: 08622118)

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

2. ACCOUNTING POLICIES - continued

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 33,492 899 14,137 2,077 50,605
Additions 15,963 - 12,000 - 27,963
At 31 August 2024 49,455 899 26,137 2,077 78,568
DEPRECIATION
At 1 September 2023 15,095 435 12,239 1,505 29,274
Charge for year 6,872 93 2,780 114 9,859
At 31 August 2024 21,967 528 15,019 1,619 39,133
NET BOOK VALUE
At 31 August 2024 27,488 371 11,118 458 39,435
At 31 August 2023 18,397 464 1,898 572 21,331

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 19,698 10,828
Prepayments 1,321 -
21,019 10,828

Airborne Industrial Services Limited (Registered number: 08622118)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 8,059 -
Tax 5,433 6,957
Social security and other taxes 99 -
VAT 5,741 6,913
Other creditors 347 446
Directors' current accounts 112 173
19,791 14,489

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bounce back loan 7,333 11,589

Amounts falling due in more than five years:

Repayable by instalments
Bounce back loan 7,333 11,589

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 September 2023 26,009
Profit for the year 37,825
Dividends (33,750 )
At 31 August 2024 30,084

Airborne Industrial Services Limited

Report of the Accountants to the Director of
Airborne Industrial Services 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 Balance Sheet. 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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Moss & Co (Direct Accounts) Limited
Rapley House
29 Creek Road
Hayling Island
Hampshire
PO11 9QZ


1 March 2025