REGISTERED NUMBER: 08893195 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Airvision Uk Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Lowes

SECRETARY:

Ms D E McLoughlin

REGISTERED OFFICE:

Flat 2

3 Wells Walk

Ilkley

West Yorkshire

LS29 9LH

REGISTERED NUMBER:

08893195 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Suite 4, 10/12 The Grove,

Ilkley

West Yorkshire

LS29 9EG

Fixed assets

Tangible assets

4

7,463

8,507

Current assets

Stocks

5

5,759

5,288

Debtors

6

399

616

Cash at bank

5,704

12,307

11,862

18,211

Creditors

Amounts falling due within one year

7

(12,949

)

(14,771

)

Net current (liabilities)/assets

(1,087

)

3,440

Total assets less current liabilities

6,376

11,947

Creditors

Amounts falling due after more than one year

8

(1,334

)

(5,334

)

Provisions for liabilities

10

(1,418

)

(1,616

)

Net assets

3,624

4,997

Capital and reserves

Called up share capital

11

100

100

Retained earnings

12

3,524

4,897

Shareholders' funds

3,624

4,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 November 2025 and were signed by:

G Lowes - Director

1.	STATUTORY INFORMATION

Airvision Uk Ltd. 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 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.

Plant and machinery

-

33.33% on cost

Fixtures and fittings

-

10% on cost

Computer equipment

-

25% on cost

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 TAX

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

2,040

10,436

4,672

17,148

DEPRECIATION

At 1 April 2024

2,040

1,930

4,671

8,641

Charge for year

-

1,044

-

1,044

At 31 March 2025

2,040

2,974

4,671

9,685

NET BOOK VALUE

At 31 March 2025

-

7,462

1

7,463

At 31 March 2024

-

8,506

1

8,507

5.

STOCKS

2025

2024

£

£

Work-in-progress

5,759

5,288

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

50

Prepayments

399

566

399

616

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

4,000

4,000

Trade creditors

34

1,176

Corporation tax

6,619

5,944

Social security and other tax

458

479

Directors' current accounts

971

2,241

Accrued expenses

867

931

12,949

14,771

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

1,334

5,334

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

4,000

4,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,334

4,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,334

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,418

1,616

Deferred

tax

£

Balance at 1 April 2024

1,616

Provided during year

(198

)

Deferred tax

Balance at 31 March 2025

1,418

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

12.

RESERVES

Retained

earnings

£

At 1 April 2024

4,897

Profit for the year

27,377

Dividends

(28,750

)

At 31 March 2025

3,524

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends totalling £28,750 were paid to the director throughout the year ended 31st March 2025 (£24,480 - 2024). The Company owed the director £971 as at 31st March 2025 (£2,241 - 2024).