Registration number: 05588173

Compressed Air Solutions Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Compressed Air Solutions Limited

Company Information

Directors

Miss L M Blockley Mr M T Scott

Company secretary

Miss L M Blockley

Registered office

Unit 5A Arkwright Hill Farm Lutterworth Road Cosby Leicestershire LE9 1RH

Accountants

Wychbury Greaves Station House Station Road Rugeley Staffordshire WS15 3HA

Compressed Air Solutions Limited

(Registration number: 05588173)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	157,864	201,954
Current assets
Stocks		308,127	394,421
Debtors		621,815	840,962
Cash at bank and in hand		1,160,036	869,809
		2,089,978	2,105,192
Creditors: Amounts falling due within one year		(724,127)	(856,488)
Net current assets		1,365,851	1,248,704
Total assets less current liabilities		1,523,715	1,450,658
Provisions for liabilities		(14,166)	(20,308)
Net assets		1,509,549	1,430,350
Capital and reserves
Called up share capital	5	1,000	1,000
Share premium reserve		39,000	39,000
Retained earnings		1,469,549	1,390,350
Shareholders' funds		1,509,549	1,430,350

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... Miss L M Blockley Company secretary and director

Compressed Air Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 5A Arkwright Hill Farm
Lutterworth Road
Cosby
Leicestershire
LE9 1RH

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Compressed Air Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Property improvements	25% reducing balance
Plant & machinery	25% reducing balance
Motor vehicles	25% reducing balance
Office equipment	33.33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 22 (2024 - 23).

Compressed Air Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Property improvements £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 April 2024	13,425	66,524	9,684	325,558
Additions	-	7,312	-	39,995
Disposals	-	-	-	(67,561)
At 31 March 2025	13,425	73,836	9,684	297,992
Depreciation
At 1 April 2024	13,000	50,203	6,199	143,835
Charge for the year	425	5,239	3,228	51,496
Eliminated on disposal	-	-	-	(36,552)
At 31 March 2025	13,425	55,442	9,427	158,779
Carrying amount
At 31 March 2025	-	18,394	257	139,213
At 31 March 2024	425	16,321	3,485	181,723

	Total £
Cost or valuation
At 1 April 2024	415,191
Additions	47,307
Disposals	(67,561)
At 31 March 2025	394,937
Depreciation
At 1 April 2024	213,237
Charge for the year	60,388
Eliminated on disposal	(36,552)
At 31 March 2025	237,073
Carrying amount
At 31 March 2025	157,864
At 31 March 2024	201,954

5	Share capital

Allotted, called up and fully paid shares

Compressed Air Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1,000	1,000	1,000	1,000

6	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	56,514	9,887
Later than one year and not later than five years	83,350	-
	139,864	9,887

The amount of non-cancellable operating lease payments recognised as an expense during the year was £93,325 (2024 - £39,548).

7

Dividends

		2025		2024
		£		£
Final dividend of £Nil (2024 - £102.00) per ordinary share		-		102,000

8	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
Mr M T Scott & Miss L M Blockley	120,156	(60,670)	59,486

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
Mr M T Scott & Miss L M Blockley	(105,119)	327,275	(102,000)	120,156