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REGISTERED NUMBER: 04121169 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

INVENTAIR LIMITED

INVENTAIR LIMITED (REGISTERED NUMBER: 04121169)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVENTAIR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: R A Griffiths
M Griffiths





SECRETARY: M Griffiths





REGISTERED OFFICE: Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ





REGISTERED NUMBER: 04121169 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

INVENTAIR LIMITED (REGISTERED NUMBER: 04121169)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 198,950 105,173
Investments 6 441,107 441,056
640,057 546,229

CURRENT ASSETS
Stocks 99,473 82,731
Debtors 7 610,729 558,260
Cash at bank and in hand 1,248,408 1,278,220
1,958,610 1,919,211
CREDITORS
Amounts falling due within one year 8 368,296 389,158
NET CURRENT ASSETS 1,590,314 1,530,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,230,371

2,076,282

PROVISIONS FOR LIABILITIES 49,489 19,604
NET ASSETS 2,180,882 2,056,678

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 2,180,782 2,056,578
SHAREHOLDERS' FUNDS 2,180,882 2,056,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

INVENTAIR LIMITED (REGISTERED NUMBER: 04121169)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by:





R A Griffiths - Director


INVENTAIR LIMITED (REGISTERED NUMBER: 04121169)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Inventair 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.

Preparation of consolidated financial statements
The financial statements contain information about Inventair Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is derived from goods manufactured and is recognised, net of sales tax, at point of sale.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 Statement of Income and Retained Earnings, 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.


INVENTAIR LIMITED (REGISTERED NUMBER: 04121169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the statement of income and retained earnings 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 the statement of income and retained earnings in the period to which they relate.

The company has implemented automatic enrolment into a work place pension scheme for all employees.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 43,789
AMORTISATION
At 1 April 2024
and 31 March 2025 43,789
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

INVENTAIR LIMITED (REGISTERED NUMBER: 04121169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 369,413
Additions 118,139
At 31 March 2025 487,552
DEPRECIATION
At 1 April 2024 264,240
Charge for year 24,362
At 31 March 2025 288,602
NET BOOK VALUE
At 31 March 2025 198,950
At 31 March 2024 105,173

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024 441,056
Additions 51
At 31 March 2025 441,107
NET BOOK VALUE
At 31 March 2025 441,107
At 31 March 2024 441,056

7. DEBTORS
31.3.25 31.3.24
£    £   
Amounts falling due within one year:
Trade debtors 194,477 175,782
Amounts owed by group undertakings 136,287 120,783
Other debtors 31,769 25,318
362,533 321,883

Amounts falling due after more than one year:
Other debtors 248,196 236,377

Aggregate amounts 610,729 558,260

INVENTAIR LIMITED (REGISTERED NUMBER: 04121169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 128,118 129,186
Taxation and social security 65,008 115,009
Other creditors 175,170 144,963
368,296 389,158

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
NIL Ordinary £1 - 100
(31.3.24 - 100 )
60 Ordinary A £1 60 -
40 Ordinary B £1 40 -
100 100