REGISTERED NUMBER: 03264289 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Aerobeam Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A C McLeod

R A McLeod

SECRETARY:

R A McLeod

REGISTERED OFFICE:

13 Kings Avenue

Ealing

London

W5 2SJ

REGISTERED NUMBER:

03264289 (England and Wales)

FIXED ASSETS

Tangible assets

4

9,913,290

9,914,332

CURRENT ASSETS

Debtors

5

45,470

65,409

Investments

6

992,168

978,868

Cash at bank

660,514

633,351

1,698,152

1,677,628

CREDITORS

Amounts falling due within one year

7

53,133

107,573

NET CURRENT ASSETS

1,645,019

1,570,055

TOTAL ASSETS LESS CURRENT LIABILITIES

11,558,309

11,484,387

CREDITORS

Amounts falling due after more than one year

8

(629,561

)

(612,439

)

PROVISIONS FOR LIABILITIES

(785,009

)

(785,009

)

NET ASSETS

10,143,739

10,086,939

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

10,143,737

10,086,937

SHAREHOLDERS' FUNDS

10,143,739

10,086,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2025 and were signed on its behalf by:

R A McLeod - Director

1.	STATUTORY INFORMATION

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

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 historical cost convention.

Turnover

Turnover represents rent received.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

9,900,000

2,414

106,093

12,687

10,021,194

Additions

-

-

-

1,926

1,926

At 30 April 2025

9,900,000

2,414

106,093

14,613

10,023,120

DEPRECIATION

At 1 May 2024

-

1,832

95,137

9,893

106,862

Charge for year

-

145

1,643

1,180

2,968

At 30 April 2025

-

1,977

96,780

11,073

109,830

NET BOOK VALUE

At 30 April 2025

9,900,000

437

9,313

3,540

9,913,290

At 30 April 2024

9,900,000

582

10,956

2,794

9,914,332

No depreciation is provided in respect of freehold property which is held as an investment.The directors are of the opinion the market value is as stated in the balance sheet

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

525

-

Other debtors

44,945

65,409

45,470

65,409

6.	CURRENT ASSET INVESTMENTS

30.4.25

30.4.24

£

£

Unlisted investments

992,168

978,868

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Taxation and social security

19,680

77,570

Other creditors

33,453

30,003

53,133

107,573

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Other creditors

629,561

612,439

9.	BANK SECURITY

The Bank has a fixed charged over the freehold properties.

10.	ACCOUNTANCY AND ADMINISTRATION SERVICES

The company provides accountancy and administration services to R A McLeod (Financial Services) Limited

11.	INVESTMENTS

Investments are shown at cost which is also the fair value of the shares in unlisted companies

12.	PROVISIONS FOR LIABILITIES - DEFERRED TAX

The provision for deferred tax is £785,009

13.	SUBSIDIARY

The company has one subsidiary Findway Ltd. Group accounts have not been prepared in accordance with S 398 Companies Act 2006 under the small companies regime