Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312023-11-01falseNo description of principal activity2525truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02243979 2023-11-01 2024-10-31 02243979 2022-11-01 2023-10-31 02243979 2024-10-31 02243979 2023-10-31 02243979 c:Director1 2023-11-01 2024-10-31 02243979 d:PlantMachinery 2023-11-01 2024-10-31 02243979 d:PlantMachinery 2024-10-31 02243979 d:PlantMachinery 2023-10-31 02243979 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 02243979 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 02243979 d:MotorVehicles 2023-11-01 2024-10-31 02243979 d:MotorVehicles 2024-10-31 02243979 d:MotorVehicles 2023-10-31 02243979 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 02243979 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 02243979 d:OfficeEquipment 2023-11-01 2024-10-31 02243979 d:OfficeEquipment 2024-10-31 02243979 d:OfficeEquipment 2023-10-31 02243979 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 02243979 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 02243979 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 02243979 d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 02243979 d:CurrentFinancialInstruments 2024-10-31 02243979 d:CurrentFinancialInstruments 2023-10-31 02243979 d:Non-currentFinancialInstruments 2024-10-31 02243979 d:Non-currentFinancialInstruments 2023-10-31 02243979 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 02243979 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 02243979 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 02243979 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 02243979 d:ShareCapital 2024-10-31 02243979 d:ShareCapital 2023-10-31 02243979 d:RetainedEarningsAccumulatedLosses 2024-10-31 02243979 d:RetainedEarningsAccumulatedLosses 2023-10-31 02243979 c:FRS102 2023-11-01 2024-10-31 02243979 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 02243979 c:FullAccounts 2023-11-01 2024-10-31 02243979 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 02243979 2 2023-11-01 2024-10-31 02243979 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Registered number: 02243979














AIRCLEAN LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 OCTOBER 2024

 
AIRCLEAN LIMITED
REGISTERED NUMBER:02243979

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note

Fixed assets
  

Tangible assets
 4 
260,023
199,639

Current assets
  

Stocks
  
50,196
43,533

Debtors: amounts falling due within one year
 5 
320,967
306,269

Cash at bank and in hand
  
76,251
81,980

  
447,414
431,782

Creditors: amounts falling due within one year
 6 
(326,190)
(348,181)

Net current assets
  
 
 
121,224
 
 
83,601

Total assets less current liabilities
  
381,247
283,240

Creditors: amounts falling due after more than one year
 7 
(33,238)
(27,085)

Provisions for liabilities
  

Deferred tax
  
(62,713)
-

  
 
 
(62,713)
 
 
-

Net assets
  
£285,296
£256,155


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
285,196
256,055

  
£285,296
£256,155


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 June 2025.


Page 1

 
AIRCLEAN LIMITED
REGISTERED NUMBER:02243979

BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024



S L Ford
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
AIRCLEAN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Airclean Limited is a private company limited by shares.  The company registration number is 02243979.  The company is incorporated in England and Wales.  The registered office is Henwood House, Henwood, Ashford, Kent TN24 8DH.  The principal place of business is Bays 2 and 3 Pattenden Lane, Marden, Kent   TN12 9QS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
AIRCLEAN LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
AIRCLEAN LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the reducing balance and straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
straight line basis
Motor vehicles
-
25%
reducing balance basis
Office equipment
-
25%
straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
AIRCLEAN LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 25 (2023 - 25).

Page 6

 
AIRCLEAN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total



Cost or valuation


At 1 November 2023
169,129
216,791
53,558
439,478


Additions
40,484
91,070
7,476
139,030


Disposals
(1,400)
(69,990)
-
(71,390)



At 31 October 2024

208,213
237,871
61,034
507,118



Depreciation


At 1 November 2023
114,152
79,403
46,284
239,839


Charge for the year on owned assets
14,221
3,786
3,866
21,873


Charge for the year on financed assets
-
39,858
-
39,858


Disposals
(1,400)
(53,075)
-
(54,475)



At 31 October 2024

126,973
69,972
50,150
247,095



Net book value



At 31 October 2024
£81,240
£167,899
£10,884
£260,023



At 31 October 2023
£54,977
£137,388
£7,274
£199,639


5.


Debtors

2024
2023


Trade debtors
190,905
287,404

Amounts owed by group undertakings
128,619
15,540

Prepayments and accrued income
1,443
3,325

£320,967
£306,269


Page 7

 
AIRCLEAN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023

Trade creditors
181,078
159,162

Amounts owed to group undertakings
31,557
31,203

Corporation tax
10,918
52,530

Other taxation and social security
60,856
67,430

Obligations under finance lease and hire purchase contracts
32,052
24,794

Other creditors
6,372
10,204

Accruals and deferred income
3,357
2,858

£326,190
£348,181



7.


Creditors: Amounts falling due after more than one year

2024
2023

Net obligations under finance leases and hire purchase contracts
33,238
27,085

£33,238
£27,085


Finance lease and hire purchase contracts are secured on the assets concerned.

Page 8

 
AIRCLEAN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £54,519 (2023 - £31,404) . Contributions totalling £Nil (2023 - £362) were payable to the fund at the balance sheet date and are included in creditors.

Page 9

 
AIRCLEAN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

9.
Controlling party / Ultimate parent undertaking and controlling party

At the balance sheet date, the immediate parent undertaking is Globescan Limited, a company incorporated in England and Wales. 
The ultimate parent undertaking is Globescan Limited, a company incorporated in England and Wales.
The company is exempt from the requirement of preparing consolidated financial statements as it is a subsidiary undertaking of a small group under section 383 of the Companies Act 2006.
 


Page 10