Company registration number 05407003 (England and Wales)
AIR DRYER TECHNOLOGY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
AIR DRYER TECHNOLOGY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
AIR DRYER TECHNOLOGY LIMITED
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
2
39,348
22,673
Current assets
Stocks
28,350
25,560
Debtors
3
388,353
347,407
Investments
4
400,000
Cash at bank and in hand
323,009
717,887
1,139,712
1,090,854
Creditors: amounts falling due within one year
5
(307,854)
(213,706)
Net current assets
831,858
877,148
Total assets less current liabilities
871,206
899,821
Provisions for liabilities
(7,266)
(4,040)
Net assets
863,940
895,781
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
863,840
895,681
Total equity
863,940
895,781
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 28 March 2025 and are signed on its behalf by:
Mr David Potts
Mr Stephen Potts
Director
Director
Company Registration No. 05407003
AIR DRYER TECHNOLOGY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024
30 June 2024
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
7
8
2
Tangible fixed assets
Plant and machinery
£
Cost
At 1 July 2023
78,725
Additions
26,352
Disposals
(15,119)
At 30 June 2024
89,958
Depreciation and impairment
At 1 July 2023
56,052
Depreciation charged in the year
9,412
Eliminated in respect of disposals
(14,854)
At 30 June 2024
50,610
Carrying amount
At 30 June 2024
39,348
At 30 June 2023
22,673
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
344,553
234,237
Other debtors
43,800
113,170
388,353
347,407
4
Current asset investments
2024
2023
£
£
Other investments
400,000
AIR DRYER TECHNOLOGY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024
30 June 2024
- 3 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
96,802
80,180
Taxation and social security
201,593
128,668
Other creditors
9,459
4,858
307,854
213,706
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100