Company registration number: 13911071
Unaudited financial statements
for the year ended 28 February 2025
for
Airway Heat Pumps Limited
Pages for filing with the Registrar
Airway Heat Pumps Limited
Chartered Accountants' Report to the Board of Directors for the preparation of the
unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Airway Heat Pumps Limited for the year ended 28 February 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at https://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Airway Heat Pumps Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Airway Heat Pumps Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Airway Heat Pumps Limited and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Airway Heat Pumps Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Airway Heat Pumps Limited. You consider that Airway Heat Pumps Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Airway Heat Pumps Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Cobble Accountants Limited
Commerce House
Carlton Boulevard
Lincoln
Lincolnshire
LN2 4WJ
United Kingdom
Date: 3 October 2025
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Company registration number: 13911071
Airway Heat Pumps Limited
Balance sheet
as at 28 February 2025
28 Feb 25 29 Feb 24
Note £ £ £ £
Fixed assets
Tangible assets 4 38,973 43,443
38,973 43,443
Current assets
Stocks 58,723 58,196
Debtors 102,850 84,723
Cash at bank and in hand 18,669 53,499
180,242 196,418
Creditors: amounts falling due within one
year 		(330,304) (341,216)
Net current liabilities (150,062) (144,798)
Total assets less current liabilities (111,089) (101,355)
Provisions for liabilities (119) (159)
NET LIABILITIES (111,208) (101,514)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (112,208) (102,514)
TOTAL EQUITY (111,208) (101,514)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13911071
Airway Heat Pumps Limited
Balance sheet - continued
as at 28 February 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 3 October 2025 and signed on its behalf by:
Mr B Watkins, Director
3 October 2025
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Airway Heat Pumps Limited
Notes to the financial statements
for the year ended 28 February 2025
1 Company information
Airway Heat Pumps Limited is a private company registered in England and Wales. Its registered number is 13911071. The company is limited by shares. Its registered office is Unit 8 Burrel Road, St Ives, Cambridgeshire, PE27 3LE.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Long leasehold property - 10% reducing balance
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Airway Heat Pumps Limited
Notes to the financial statements - continued
for the year ended 28 February 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 March 2024 51,509 1,375 52,884
At 28 February 2025 51,509 1,375 52,884
Depreciation
At 1 March 2024 8,904 537 9,441
Charge for year 4,260 210 4,470
At 28 February 2025 13,164 747 13,911
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Airway Heat Pumps Limited
Notes to the financial statements - continued
for the year ended 28 February 2025
4 Tangible fixed assets - continued
Net book value
At 28 February 2025 38,345 628 38,973
At 29 February 2024 42,605 838 43,443
5 Share capital
At the reporting date, the company had £1,000 (2024: £1,000) of £1 ordinary shares allotted, issued and fully paid.

The company has one class of ordinary shares which carry equal rights to vote, receive dividends and share in the distribution of assets on winding up.
6 Controlling party
The controlling party is Airway Air Conditioning Limited as a result of owning 100% of the available share capital.

The ultimate controlling party is Airway Group Limited as a result of owning 100% of the available share capital within Airway Air Conditioning Limited.
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