AIR FOR LIFE UK LTD

Company Registration Number:
10760880 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

AIR FOR LIFE UK LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AIR FOR LIFE UK LTD

Company Information

for the Period Ended 31 May 2024




Director: Jay Vitale
Registered office: Unit 403
Milton Keynes Business Centre
Linford Wood
Milton Keynes
England
MK14 6GD
Company Registration Number: 10760880 (England and Wales)

AIR FOR LIFE UK LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Jay Vitale

This report was approved by the board of directors on 25 June 2025
And Signed On Behalf Of The Board By:

Name: Jay Vitale
Status: Director

AIR FOR LIFE UK LTD

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) ( 39,236 ) 73,390
Administrative Expenses ( 825,938 ) ( 738,057 )
Operating Profit or (Loss) ( 865,174 ) ( 664,667 )
Interest Receivable and Similar Income 42,233 167,900
Interest Payable and Similar Charges ( 203,426 ) ( 47,120 )
Profit or (Loss) Before Tax ( 1,026,367 ) ( 543,887 )
Profit or (Loss) for Period ( 1,026,367 ) ( 543,887 )

The notes form part of these financial statements

AIR FOR LIFE UK LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 924,496 1,078,601
Tangible assets: 5 161,974 129,297
Total fixed assets: 1,086,470 1,207,898
Current assets
Stocks: 191,772 179,519
Debtors: 0 190,019
Cash at bank and in hand: 11,000 0
Total current assets: 202,772 369,538
Prepayments and accrued income: 337,128 0
Creditors: amounts falling due within one year: ( 273,600 ) ( 877,952 )
Net current assets (liabilities): 266,300 ( 508,414 )
Total assets less current liabilities: 1,352,770 699,484
Creditors: amounts falling due after more than one year: ( 1,646,828 ) ( 200,960 )
Total net assets (liabilities): ( 294,058 ) 498,524

The notes form part of these financial statements

AIR FOR LIFE UK LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,749,778 1,749,778
Profit and loss account: ( 2,043,836 ) ( 1,251,254 )
Shareholders funds: ( 294,058 ) 498,524

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 June 2025
And Signed On Behalf Of The Board By:

Name: Jay Vitale
Status: Director

The notes form part of these financial statements

AIR FOR LIFE UK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AIR FOR LIFE UK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 8 8

AIR FOR LIFE UK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

AIR FOR LIFE UK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2023 1,380,501
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 May 2024 1,380,501
    Amortisation
    Amortisation at 01 June 2023 301,900
    Charge for year 154,105
    On disposals -
    Other adjustments -
    Amortisation at 31 May 2024 456,005
    Net book value
    Net book value at 31 May 2024 924,496
    Net book value at 31 May 2023 1,078,601

AIR FOR LIFE UK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible Assets

Total
Cost £
At 01 June 2023 258,746
Additions 57,110
Disposals -
Revaluations -
Transfers -
At 31 May 2024 315,856
Depreciation
At 01 June 2023 129,449
Charge for year 24,433
On disposals -
Other adjustments -
At 31 May 2024 153,882
Net book value
At 31 May 2024 161,974
At 31 May 2023 129,297