Airducts Engineering Limited 05847969 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is fabrication of airducts & brackets. Digita Accounts Production Advanced 6.30.9574.0 true true 05847969 2024-02-01 2025-01-31 05847969 2025-01-31 05847969 core:RetainedEarningsAccumulatedLosses 2025-01-31 05847969 core:ShareCapital 2025-01-31 05847969 core:CurrentFinancialInstruments 2025-01-31 05847969 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 05847969 core:FurnitureFittingsToolsEquipment 2025-01-31 05847969 bus:SmallEntities 2024-02-01 2025-01-31 05847969 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 05847969 bus:FilletedAccounts 2024-02-01 2025-01-31 05847969 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 05847969 bus:RegisteredOffice 2024-02-01 2025-01-31 05847969 bus:CompanySecretary1 2024-02-01 2025-01-31 05847969 bus:Director1 2024-02-01 2025-01-31 05847969 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 05847969 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 05847969 countries:UnitedKingdom 2024-02-01 2025-01-31 05847969 2024-01-31 05847969 core:FurnitureFittingsToolsEquipment 2024-01-31 05847969 2023-02-01 2024-01-31 05847969 2024-01-31 05847969 core:RetainedEarningsAccumulatedLosses 2024-01-31 05847969 core:ShareCapital 2024-01-31 05847969 core:CurrentFinancialInstruments 2024-01-31 05847969 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 05847969 core:FurnitureFittingsToolsEquipment 2024-01-31 iso4217:GBP xbrli:pure

Registration number: 05847969

Airducts Engineering Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

Airducts Engineering Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Airducts Engineering Limited

Company Information

Director

Mr K G Davies

Company secretary

Mrs S T Davies

Registered office

12 Cedar Drive
Kidderminster
Worcestershire
DY11 6AH

Accountants

Ballards LLP
Chartered Accountants
Oakmoore Court
11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

 

Airducts Engineering Limited

(Registration number: 05847969)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

3,294

2,700

Current assets

 

Debtors

5

34,691

7,785

Cash at bank and in hand

 

338,751

274,454

 

373,442

282,239

Creditors: Amounts falling due within one year

6

(98,943)

(52,424)

Net current assets

 

274,499

229,815

Net assets

 

277,793

232,515

Capital and reserves

 

Called up share capital

100

100

Retained earnings

277,693

232,415

Shareholders' funds

 

277,793

232,515

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 June 2025
 

.........................................
Mr K G Davies
Director

   
     
 

Airducts Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
12 Cedar Drive
Kidderminster
Worcestershire
DY11 6AH
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Airducts Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings, tools and equipment

25% and 33.3% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

 

Airducts Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 February 2024

8,135

8,135

Additions

1,775

1,775

At 31 January 2025

9,910

9,910

Depreciation

At 1 February 2024

5,435

5,435

Charge for the year

1,181

1,181

At 31 January 2025

6,616

6,616

Carrying amount

At 31 January 2025

3,294

3,294

At 31 January 2024

2,700

2,700

5

Debtors

Current

2025
£

2024
£

Trade debtors

34,691

7,785

 

34,691

7,785

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

65,677

32,150

Taxation and social security

 

30,956

18,349

Accruals and deferred income

 

2,310

1,925

 

98,943

52,424