Clydeair Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: NI610427

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		50,000		-

			50,000		-
Creditors: Amounts Falling Due Within One Year	5	(35,891 )		(35,604 )

NET CURRENT ASSETS (LIABILITIES)			(35,891 )		(35,604 )

TOTAL ASSETS LESS CURRENT LIABILITIES			14,109		(35,604 )

NET ASSETS/(LIABILITIES)			14,109		(35,604 )

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			14,107		(35,606 )

SHAREHOLDERS' FUNDS			14,109		(35,604)

Page 1

Page 2

Clydeair Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Melvyn Adair

Director

25/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Clydeair Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI610427 . The registered office is 32 Garvaghy Road, Banbridge, BT32 3SZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2024	-
Additions	50,000

As at 31 December 2024	50,000

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	50,000

As at 1 January 2024	-

Page 3

Page 4

Clydeair Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals and deferred income	300	13
Directors' loan accounts	35,591	35,591

	35,891	35,604

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2