1 November 2023 false No description of principal activity Taxfiler 2024.6 08728417business:PrivateLimitedCompanyLtd2023-11-012024-10-31 087284172023-10-31 087284172023-11-012024-10-31 08728417business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 08728417business:FilletedAccounts2023-11-012024-10-31 087284172024-10-31 08728417business:Director12023-11-012024-10-31 08728417business:Director22023-11-012024-10-31 08728417business:RegisteredOffice2023-11-012024-10-31 087284172023-10-31 08728417core:WithinOneYear2024-10-31 08728417core:WithinOneYear2023-10-31 08728417core:AfterOneYear2024-10-31 08728417core:AfterOneYear2023-10-31 08728417core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 08728417core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 08728417core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 08728417core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 08728417core:PreviouslyStatedAmount2024-10-31 08728417core:PreviouslyStatedAmount2023-10-31 08728417business:SmallEntities2023-11-012024-10-31 08728417countries:EnglandWales2023-11-012024-10-31 08728417core:PlantMachinery2023-10-31 08728417core:MotorVehicles2023-10-31 08728417core:ComputerEquipment2023-10-31 08728417core:PlantMachinery2023-11-012024-10-31 08728417core:MotorVehicles2023-11-012024-10-31 08728417core:ComputerEquipment2023-11-012024-10-31 08728417core:PlantMachinery2024-10-31 08728417core:MotorVehicles2024-10-31 08728417core:ComputerEquipment2024-10-31 087284172022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08728417 (England and Wales)
AIRTIGHT BUILDING SOLUTIONS LTD Unaudited accounts for the year ended 31 October 2024
AIRTIGHT BUILDING SOLUTIONS LTD Unaudited accounts Contents
Page
- 2 -
AIRTIGHT BUILDING SOLUTIONS LTD Company Information for the year ended 31 October 2024
Directors
Sureshbhai Bhikhabhai Babariya Nilav Sureshkumar Babariya
Company Number
08728417 (England and Wales)
Registered Office
A4 Livingstone Court 55 Peel Road Harrow HA3 7QT United Kingdom
Accountants
Equifin Accountancy Ltd Unit A-4 Livingstone Court 55 Peel Road Harrow Middlesex HA3 7QT
- 3 -
AIRTIGHT BUILDING SOLUTIONS LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,259 
27,737 
Investments
700,000 
700,000 
725,259 
727,737 
Current assets
Debtors
138,678 
288,418 
Cash at bank and in hand
26,333 
54,230 
165,011 
342,648 
Creditors: amounts falling due within one year
(118,136)
(49,769)
Net current assets
46,875 
292,879 
Total assets less current liabilities
772,134 
1,020,616 
Creditors: amounts falling due after more than one year
(296,625)
(555,334)
Net assets
475,509 
465,282 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
475,508 
465,281 
Shareholders' funds
475,509 
465,282 
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 21 July 2025 and were signed on its behalf by
Sureshbhai Bhikhabhai Babariya Director Company Registration No. 08728417
- 4 -
AIRTIGHT BUILDING SOLUTIONS LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
AIRTIGHT BUILDING SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08728417. The registered office is A4 Livingstone Court 55 Peel Road, Harrow, HA3 7QT, 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.
Amended Accounts
1. This account replace the original accounts 2. This accounts are now the statutory accounts 3. This accounts are prepared as they were at the date of the original 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Investments
Investments is corporate deposit valued at cost.
- 5 -
AIRTIGHT BUILDING SOLUTIONS LTD Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
9,526 
39,787 
7,343 
56,656 
Additions
2,257 
- 
2,498 
4,755 
At 31 October 2024
11,783 
39,787 
9,841 
61,411 
Depreciation
At 1 November 2023
7,724 
19,264 
1,931 
28,919 
Charge for the year
1,186 
4,613 
1,434 
7,233 
At 31 October 2024
8,910 
23,877 
3,365 
36,152 
Net book value
At 31 October 2024
2,873 
15,910 
6,476 
25,259 
At 31 October 2023
1,802 
20,523 
5,412 
27,737 
5
Investments
Other investments 
£ 
Valuation at 1 November 2023
700,000 
Valuation at 31 October 2024
700,000 
During the year company invested £700,000 in to fixed term investment.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
71,933 
127,024 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
16,394 
56,394 
Other debtors
50,351 
105,000 
66,745 
161,394 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,456 
8,034 
Trade creditors
75,315 
- 
Taxes and social security
28,725 
37,175 
Accruals
8,640 
4,560 
118,136 
49,769 
- 6 -
AIRTIGHT BUILDING SOLUTIONS LTD Notes to the Accounts for the year ended 31 October 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,269 
33,965 
Amounts owed to group undertakings and other participating interests
77,500 
- 
Other creditors
91,000 
191,000 
Loans from directors
99,856 
330,369 
296,625 
555,334 
9
Transactions with related parties
During the year Company has paid to Nilav Babariya, director, £24,000 (2022 : £24,000) for project management consultancy fees in addition to salaries £23,866 (2022 : £ 24,000) to Nilav Babariya.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -