FRS102 1A Filleted


Company registration number:						06967263
P Airey Tail Lifts Limited

Balance sheet
as at 31 July 2025

		2025		2024
	Note	£	£	£	£
Fixed assets
Intangible assets	4	-		-
Tangible assets	5	75,255		27,065
			75,255		27,065
Current assets
Debtors		76,191		78,985
Cash at bank and in hand		101,481		53,173
			177,672		132,158
Creditors: amounts falling due within one year			(83,266)		(64,900)
Net current assets			94,406		67,258
Total assets less current liabilities			169,661		94,323
Creditors: Amounts falling due after more than one year	6		(13,522)		(16,206)
NET ASSETS			156,139		78,117

Capital and reserves
Called up share capital			104		104
Profit and loss account			156,035		78,013
TOTAL EQUITY			156,139		78,117


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 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:		06967263
P Airey Tail Lifts Limited

Balance sheet - continued
as at 31 July 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 1 December 2025 and signed on its behalf by:

Mr C Airey, Director	Mr P Airey, Director
1 December 2025	1 December 2025

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P Airey Tail Lifts Limited

Notes to the financial statements
for the year ended 31 July 2025


1	Company information

	P Airey Tail Lifts Limited is a private company registered in England and Wales. Its registered number is 06967263. The company is limited by shares. Its registered office is 413 Aigburth Road, Liverpool, Merseyside, L17 6BH.

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.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.

	Goodwill	-	Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

	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.

	Plant and machinery etc.:
	Plant and machinery	-	25% reducing balance
	Fixtures & fittings	-	25% reducing balance
	Motor vehicles	-	25% reducing balance
	Computer equipment	-	25% reducing balance

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P Airey Tail Lifts Limited

Notes to the financial statements - continued
for the year ended 31 July 2025

2	Accounting policies - continued

	Taxation
	Taxation for the year comprises current 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 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.

3	Average number of employees

	During the year the average number of employees was 1 (2024 - 1).

4	Intangible assets

		Goodwill
		£
	Cost
	At 1 August 2024	17,500
	At 31 July 2025	17,500

	Amortisation
	At 1 August 2024	17,500
	At 31 July 2025	17,500

	Net book value
	At 31 July 2025	-

	At 31 July 2024	-


5	Tangible fixed assets

		Plant and machinery etc.
		£
	Cost
	At 1 August 2024	107,946
	Additions	72,428
	At 31 July 2025	180,374


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P Airey Tail Lifts Limited

Notes to the financial statements - continued
for the year ended 31 July 2025

5	Tangible fixed assets - continued

	Depreciation
	At 1 August 2024		80,881
	Charge for year		24,238
	At 31 July 2025		105,119

	Net book value
	At 31 July 2025		75,255

	At 31 July 2024		27,065


6	Creditors: amounts falling due after more than five years

		2025	2024
		£	£
	Repayable otherwise than by instalments
	Bank loans	13,522	16,206


7	Advances, credit and guarantees granted to directors

	The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024.
		2025	2024
		£	£
	Peter Airey
	Amounts advanced	22,732	30,839
	Amounts repaid	(22,732)	(30,839)
	Balance outstanding at end of year	-	-

		2025	2024
		£	£
	Joan Airey
	Amounts advanced	24,231	24,175
	Amounts repaid	(24,231)	(24,175)
	Balance outstanding at end of year	-	-


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	Company registration number:	06967263

	Unaudited financial statements
	for the year ended 31 July 2025
	for
	P Airey Tail Lifts Limited


	Pages for filing with the Registrar