| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 JANUARY 2023 TO 30 JUNE 2024 |
| FOR |
| ENVIRONAIR HOLDINGS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 JANUARY 2023 TO 30 JUNE 2024 |
| FOR |
| ENVIRONAIR HOLDINGS LIMITED |
| ENVIRONAIR HOLDINGS LIMITED (REGISTERED NUMBER: 12502139) |
| ABRIDGED BALANCE SHEET |
| 30 June 2024 |
| 2024 | 2022 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 7 |
| Retained earnings |
| 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. |
| ENVIRONAIR HOLDINGS LIMITED (REGISTERED NUMBER: 12502139) |
| ABRIDGED BALANCE SHEET - continued |
| 30 June 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| ENVIRONAIR HOLDINGS LIMITED (REGISTERED NUMBER: 12502139) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Period 1 January 2023 to 30 June 2024 |
| 1. | STATUTORY INFORMATION |
| Environair Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12502139 and the registered office address is Ludham Road Business Park, Ludham Road, Catfield, Gt Yarmouth, Norfolk, NR29 5PY. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements cover an 18-month accounting period ended 30 June 2024. As a result, the comparative figures, which relate to the 12-month period ended 31 December 2022, are not directly comparable. The company changed its financial year-end for commercial reasons. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Environair Holdings 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| ENVIRONAIR HOLDINGS LIMITED (REGISTERED NUMBER: 12502139) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 1 January 2023 to 30 June 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 period 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL (2022 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 January 2023 |
| Additions |
| At 30 June 2024 |
| DEPRECIATION |
| At 1 January 2023 |
| Charge for period |
| At 30 June 2024 |
| NET BOOK VALUE |
| At 30 June 2024 |
| At 31 December 2022 |
| ENVIRONAIR HOLDINGS LIMITED (REGISTERED NUMBER: 12502139) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 1 January 2023 to 30 June 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST |
| At 1 January 2023 |
| and 30 June 2024 | 520 |
| NET BOOK VALUE |
| At 30 June 2024 | 520 |
| At 31 December 2022 | 520 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 January 2023 |
| Revaluations | 8,000 |
| At 30 June 2024 |
| NET BOOK VALUE |
| At 30 June 2024 |
| At 31 December 2022 |
| Fair value at 30 June 2024 is represented by: |
| £ |
| Valuation in 2024 | 8,000 |
| Valuation in 2020 | 124,301 |
| Cost | 145,699 |
| 278,000 |
| 7. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 January 2023 |
| Revaluation | 8,000 |
| At 30 June 2024 |
| ENVIRONAIR HOLDINGS LIMITED (REGISTERED NUMBER: 12502139) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 1 January 2023 to 30 June 2024 |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The company operates a current account with a director. The debit balance on this account as of 30 June 2024 was £505,138 (31 December 2022 - £141,817). Interest has been charged in accordance with the official rates prescribed by HM Revenue & Customs. The director's current account is unsecured and repayable on demand. |
| 9. | RELATED PARTY DISCLOSURES |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |