Allducts Ventilation Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09762187

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		188,499		81,281

			188,499		81,281
CURRENT ASSETS
Stocks	5	225,130		575,471
Debtors	6	881,249		214,917
Cash at bank and in hand		426,889		414,571

		1,533,268		1,204,959
Creditors: Amounts Falling Due Within One Year	7	(271,139 )		(225,797 )

NET CURRENT ASSETS (LIABILITIES)			1,262,129		979,162

TOTAL ASSETS LESS CURRENT LIABILITIES			1,450,628		1,060,443

Creditors: Amounts Falling Due After More Than One Year	8		(108,603 )		(146,949 )

NET ASSETS			1,342,025		913,494

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			1,342,023		913,492

SHAREHOLDERS' FUNDS			1,342,025		913,494

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Allducts Ventilation Services Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

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 Darren O'Brien Director	Mr Denny Skingle Director
14/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Allducts Ventilation Services Limited Registered number 09762187 is a limited by shares company incorporated in England & Wales. The Registered Office is 92 Friern Gardens, Wickford, Essex, SS12 0HD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Plant & Machinery	25%
Motor Vehicles	25%
Computer Equipment	25%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 4)

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Allducts Ventilation Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	60,536	133,653	2,012	196,201
Additions	172,572	-	-	172,572

As at 31 March 2025	233,108	133,653	2,012	368,773

Depreciation
As at 1 April 2024	46,727	66,827	1,366	114,920
Provided during the period	48,325	16,706	323	65,354

As at 31 March 2025	95,052	83,533	1,689	180,274

Net Book Value
As at 31 March 2025	138,056	50,120	323	188,499

As at 1 April 2024	13,809	66,826	646	81,281

5. Stocks

	2025	2024
	£	£
Work in progress	225,130	575,471

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	699,416	68,517
Amounts recoverable on contracts	92,330	92,330
VAT	89,503	54,070

	881,249	214,917

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2	1
Corporation tax	176,119	172,522
Other taxes and social security	31,643	36,468
Business Credit Card (Current liabilities - creditors < 1 year)	2,161	2,451
Other creditors (1)	2,641	7,434
Capital on Tap	50,335	-
Accruals and deferred income	7,393	5,390
Directors' loan accounts	845	1,531

	271,139	225,797

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Allducts Ventilation Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	96,936	125,282
Bank loans	11,667	21,667

	108,603	146,949

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	96,936	125,282

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

11. Directors Advances, Credits and Guarantees

Dividends paid to directors

12. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	210,000	132,000

13. Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

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