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REGISTERED NUMBER: 02300363 (England and Wales)








Unaudited Financial Statements

for the Year Ended

31 December 2024

for

Airtech UK Limited

Airtech UK Limited (Registered number: 02300363)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Airtech UK Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: P D Webster
L P Sweeting





REGISTERED OFFICE: Unit 3a
Pole Position
London Road, Bassets Pole
Sutton Coldfield
West Midlands
B75 5SA





REGISTERED NUMBER: 02300363 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Chartered Accountants
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Airtech UK Limited (Registered number: 02300363)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 128,381 98,980

CURRENT ASSETS
Stocks 11,000 11,000
Debtors 5 497,673 300,473
Cash at bank and in hand 98,165 108,186
606,838 419,659
CREDITORS
Amounts falling due within one year 6 532,067 292,929
NET CURRENT ASSETS 74,771 126,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,152

225,710

CREDITORS
Amounts falling due after more than one year 7 (41,958 ) (50,515 )

PROVISIONS FOR LIABILITIES (28,420 ) (20,850 )
NET ASSETS 132,774 154,345

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 132,674 154,245
SHAREHOLDERS' FUNDS 132,774 154,345

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

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

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 28 February 2025 and were signed on its behalf by:



P D Webster - Director


Airtech UK Limited (Registered number: 02300363)

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

1. STATUTORY INFORMATION

Airtech UK 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 each asset over its estimated useful life:

Plant and machinery10% reducing balance
Fixtures and fittings20% reducing balance
Motor vehicles25% reducing balance
Leasehold improvementsOver term of the lease

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 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.

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 10 (2023 - 11 ) .

Airtech UK Limited (Registered number: 02300363)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024 13,480 18,690 46,811 208,832 287,813
Additions - 1,350 - 69,123 70,473
At 31 December 2024 13,480 20,040 46,811 277,955 358,286
DEPRECIATION
At 1 January 2024 13,480 13,372 41,004 120,977 188,833
Charge for year - 667 1,160 39,245 41,072
At 31 December 2024 13,480 14,039 42,164 160,222 229,905
NET BOOK VALUE
At 31 December 2024 - 6,001 4,647 117,733 128,381
At 31 December 2023 - 5,318 5,807 87,855 98,980

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 473,150 284,602
Other debtors 24,523 15,871
497,673 300,473

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 42,454 26,461
Trade creditors 402,198 159,465
Taxation and social security 59,480 82,901
Other creditors 17,935 14,102
532,067 292,929

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 5,000 15,000
Hire purchase contracts 36,958 35,515
41,958 50,515

Airtech UK Limited (Registered number: 02300363)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 15,000 25,000
Hire purchase contracts 79,412 61,976
94,412 86,976

9. RELATED PARTY DISCLOSURES

At 31 December 2024 the company owed the directors £791 (2023: £318).