AIREDALE VENTURES LIMITED


Director	PRESTON, Mark


Company Secretary	ELEMENTAL COMPANY SECRETARY LIMITED


Registered Address	27 Old Gloucester Street
	London
	WC1N 3AX


Registered Number	12375052 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investments	3		71		71
			71		71
Current assets
Debtors	4	910,207		764,685
Cash at bank and on hand		1,990		5,628
		912,197		770,313
Creditors amounts falling due within one year	5	(938,895)		(792,021)
Net current assets (liabilities)			(26,698)		(21,708)
Total assets less current liabilities			(26,627)		(21,637)
Net assets			(26,627)		(21,637)
Capital and reserves
Called up share capital			2		2
Profit and loss account			(26,629)		(21,639)
Shareholders' funds			(26,627)		(21,637)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 18 September 2025, and are signed on its behalf by:

PRESTON, Mark
Director
Registered Company No. 12375052

AIREDALE VENTURES LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 January 24	71
	At 31 December 24	71
	Net book value
	At 31 December 24	71
	At 31 December 23	71

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Amounts owed by group undertakings	909,048	763,868
Prepayments and accrued income	1,159	817
Total	910,207	764,685

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	2,046	1,672
Other creditors	936,849	790,349
Total	938,895	792,021


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Related party transactions
	Included in 'Debtors' is the amount of £656,669 (2023-£622,255) lent to the company's wholly owned subsidiary Airedale Immo Srl. Also included is the amount of £252,379 (2023-£141,612) lent to the company's wholly owned subsidiary Airedale Agri Srl.

7.	Parent-subsidiary relationships
	The financial statements contain information about Airedale Ventures Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.