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Company Registration No. 11550595 (England and Wales)
AIR METAL LTD Unaudited accounts for the year ended 30 September 2024
AIR METAL LTD Unaudited accounts Contents
Page
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AIR METAL LTD Company Information for the year ended 30 September 2024
Director
SEYED SHAHAB KASHANI
Company Number
11550595 (England and Wales)
Registered Office
184 ACTON LANE LONDON NW10 7NH ENGLAND
Accountants
SAMI & CO ACCOUNTANTS 48 BILTON ROAD PERIVALE MIDDLESEX UB6 7DH
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AIR METAL LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,872 
7,340 
Current assets
Inventories
71,700 
15,570 
Debtors
- 
10,000 
Cash at bank and in hand
2,477 
5,316 
74,177 
30,886 
Creditors: amounts falling due within one year
(33,962)
(6,125)
Net current assets
40,215 
24,761 
Total assets less current liabilities
46,087 
32,101 
Creditors: amounts falling due after more than one year
(16,736)
(27,118)
Net assets
29,351 
4,983 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
29,350 
4,982 
Shareholders' funds
29,351 
4,983 
For the year ending 30 September 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 14 April 2025 and were signed on its behalf by
SEYED SHAHAB KASHANI Director Company Registration No. 11550595
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AIR METAL LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
AIR METAL LTD is a private company, limited by shares, registered in England and Wales, registration number 11550595. The registered office is 184 ACTON LANE, LONDON, NW10 7NH, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
19,900 
2,500 
22,400 
At 30 September 2024
19,900 
2,500 
22,400 
Depreciation
At 1 October 2023
13,379 
1,681 
15,060 
Charge for the year
1,304 
164 
1,468 
At 30 September 2024
14,683 
1,845 
16,528 
Net book value
At 30 September 2024
5,217 
655 
5,872 
At 30 September 2023
6,521 
819 
7,340 
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AIR METAL LTD Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
- 
10,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
913 
598 
Trade creditors
26,889 
450 
Taxes and social security
5,710 
5,077 
Other creditors
450 
- 
33,962 
6,125 
Director Loan Account £21278 Accountancy fee £360 Website Fee £300
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
16,736 
27,118 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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