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REGISTERED NUMBER: 03442515 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Airborne Environmental Consultants Ltd

Airborne Environmental Consultants Ltd (Registered number: 03442515)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 8

Airborne Environmental Consultants Ltd

Company Information
for the year ended 31 October 2024







DIRECTORS: Mrs A J Reid
Mrs D A Clare
D I Andrews





SECRETARY: Mrs A J Reid





REGISTERED OFFICE: 23 Wheelforge Way
Ashburton Point
Trafford Park
Manchester
Greater Manchester
M17 1EH





REGISTERED NUMBER: 03442515 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co. Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Airborne Environmental Consultants Ltd (Registered number: 03442515)

Balance Sheet
31 October 2024

2024 2023
as restated
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 6,858 9,513
Tangible assets 5 1,184,250 1,182,471
Investment property 6 246,750 246,750
1,437,858 1,438,734

CURRENT ASSETS
Debtors 7 2,090,299 1,735,225
Cash at bank and in hand 488,679 1,191,015
2,578,978 2,926,240
CREDITORS
Amounts falling due within one year 8 1,623,042 1,569,215
NET CURRENT ASSETS 955,936 1,357,025
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,393,794

2,795,759

CREDITORS
Amounts falling due after more than one year 9 (324,498 ) (329,250 )

PROVISIONS FOR LIABILITIES (59,380 ) (49,852 )
NET ASSETS 2,009,916 2,416,657

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 2,009,816 2,416,557
2,009,916 2,416,657

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by:



Mrs A J Reid - Director


Airborne Environmental Consultants Ltd (Registered number: 03442515)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Airborne Environmental Consultants Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Domain names are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold property- 2% on cost
Short leasehold- Straight line over the term of the lease
Long leasehold- Straight line over the term of the lease
Plant & machinery- 10% on cost, 33% on reducing balance and over the term of the contract
Fixtures & fittings- 15% on cost
Motor vehicles- 25% on reducing balance
Computer equipment- 33% on cost

Investment property
Investment properties are initially measured at cost plus costs directly attributable to the acquisition. Subsequent measurement is with reference to fair value with any increases credited to the Profit and Loss and transferred to a non-distributable reserve. Any diminution in fair value, below that of amounts already credited to this reserve, are charged to the Profit and Loss. Any increases in property values which were previously charged to the Profit and Loss are credited from the Profit and Loss to the extent that the original charge is reversed.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.


Airborne Environmental Consultants Ltd (Registered number: 03442515)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to Profit and Loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to Profit and Loss on a straight line basis over the period of the lease.

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 and Loss in the period to which they relate.

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Profit and Loss account.

Distributions to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 124 (2023 - 120 ) .

Airborne Environmental Consultants Ltd (Registered number: 03442515)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2023
and 31 October 2024 13,274
AMORTISATION
At 1 November 2023 3,761
Charge for year 2,655
At 31 October 2024 6,416
NET BOOK VALUE
At 31 October 2024 6,858
At 31 October 2023 9,513

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 1,179,872 1,443,964 2,623,836
Additions - 189,053 189,053
Disposals - (30,207 ) (30,207 )
At 31 October 2024 1,179,872 1,602,810 2,782,682
DEPRECIATION
At 1 November 2023 313,297 1,128,068 1,441,365
Charge for year 18,196 166,759 184,955
Eliminated on disposal - (27,888 ) (27,888 )
At 31 October 2024 331,493 1,266,939 1,598,432
NET BOOK VALUE
At 31 October 2024 848,379 335,871 1,184,250
At 31 October 2023 866,575 315,896 1,182,471

Airborne Environmental Consultants Ltd (Registered number: 03442515)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2023 363,400
Additions 145,302
Transfer to ownership (143,205 )
At 31 October 2024 365,497
DEPRECIATION
At 1 November 2023 211,302
Charge for year 74,089
Transfer to ownership (104,397 )
At 31 October 2024 180,994
NET BOOK VALUE
At 31 October 2024 184,503
At 31 October 2023 152,098

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 246,750
NET BOOK VALUE
At 31 October 2024 246,750
At 31 October 2023 246,750

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2021 (71,252 )
Valuation in 2023 (66,770 )
Cost 384,772
246,750

The company's investment property is reported at a fair value deemed appropriate by the directors.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 1,660,732 1,427,386
Other debtors 429,567 307,839
2,090,299 1,735,225

Airborne Environmental Consultants Ltd (Registered number: 03442515)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts 16,885 26,794
Hire purchase contracts 66,260 56,758
Trade creditors 674,880 456,879
Taxation and social security 582,696 666,189
Other creditors 282,321 362,595
1,623,042 1,569,215

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Bank loans 173,655 234,605
Hire purchase contracts 150,843 94,645
324,498 329,250

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
as restated
£    £   
Hire purchase contracts 217,103 151,403
Bank loans 190,540 261,400
407,643 412,803

The bank loans are secured by way of fixed and floating charges over the company's assets and undertakings.

Hire purchase liabilities are secured against the assets to which they relate.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
50 Ordinary A £1.00 50 50
1 Ordinary B £0.10 - -
1 Ordinary C £0.10 - -
50 Ordinary D £1.00 50 50

100 100

12. OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company has non cancellable operating lease commitments totalling £439,932 (2023: £544,184).

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is considered to be The Airborne Environmental Consultants Employee Ownership Trust who owns 100% of the shares in the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Airborne Environmental Consultants Ltd

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Airborne Environmental Consultants Ltd for the year ended 31 October 2024 which comprise the Profit and Loss, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Airborne Environmental Consultants Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Airborne Environmental Consultants Ltd and state those matters that we have agreed to state to the Board of Directors of Airborne Environmental Consultants Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Airborne Environmental Consultants Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Airborne Environmental Consultants Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Airborne Environmental Consultants Ltd. You consider that Airborne Environmental Consultants Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Airborne Environmental Consultants Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co. Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


23 April 2025