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Company Registration No. 09256154 (England and Wales)
Airponix Ltd Unaudited accounts for the year ended 31 October 2024
Airponix Ltd Unaudited accounts Contents
Page
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Airponix Ltd Company Information for the year ended 31 October 2024
Directors
Michael Ruggier Charlotte Morton Simon Hollingsworth Darren Mackie Anthony Roberts
Company Number
09256154 (England and Wales)
Registered Office
Niab, Barn4, Park Farm, Villa Road Histon, Cambridge Cambridgeshire CB24 9NZ United Kingdom
Accountants
Sharon Wray Accountancy Services Black Hall Farm Traice Road Fundenhall Norfolk NR16 1HQ
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Airponix Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
154,725 
147,901 
Tangible assets
7,275 
4,836 
162,000 
152,737 
Current assets
Debtors
42,686 
30,774 
Cash at bank and in hand
152,290 
82,918 
194,976 
113,692 
Creditors: amounts falling due within one year
(199,254)
(174,208)
Net current liabilities
(4,278)
(60,516)
Total assets less current liabilities
157,722 
92,221 
Creditors: amounts falling due after more than one year
(435,000)
(485,000)
Net liabilities
(277,278)
(392,779)
Capital and reserves
Called up share capital
739,796 
475,467 
Profit and loss account
(1,017,074)
(868,246)
Shareholders' funds
(277,278)
(392,779)
For the year ending 31 October 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by
Michael Ruggier Director Company Registration No. 09256154
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Airponix Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Airponix Ltd is a private company, limited by shares, registered in England and Wales, registration number 09256154. The registered office is Niab, Barn4, Park Farm, Villa Road, Histon, Cambridge, Cambridgeshire, CB24 9NZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Computer equipment
25% Reducing balance
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2023
227,093 
Additions
22,464 
At 31 October 2024
249,557 
Amortisation
At 1 November 2023
79,192 
Charge for the year
15,640 
At 31 October 2024
94,832 
Net book value
At 31 October 2024
154,725 
At 31 October 2023
147,901 
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Airponix Ltd Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
1,985 
4,315 
6,300 
Additions
670 
3,658 
4,328 
At 31 October 2024
2,655 
7,973 
10,628 
Depreciation
At 1 November 2023
97 
1,367 
1,464 
Charge for the year
575 
1,314 
1,889 
At 31 October 2024
672 
2,681 
3,353 
Net book value
At 31 October 2024
1,983 
5,292 
7,275 
At 31 October 2023
1,888 
2,948 
4,836 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,337 
10,774 
Trade debtors
3,493 
- 
Other debtors
33,856 
20,000 
42,686 
30,774 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
13,175 
5,406 
Taxes and social security
13,405 
4,249 
Other creditors
6,921 
254 
Loans from directors
162,084 
161,299 
Accruals
3,669 
3,000 
199,254 
174,208 
Loans from Director (£161,715) will be payable after payment to Centrica Innovations (£435,000).
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
435,000 
485,000 
9
Transactions with related parties
Loans from Director (£161,715) will be payable after payment to Centrica Innovations (£435,000).
10
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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