Company Registration No. 04756676 (England and Wales)
ABSOLUTE AIR LIMITED
Unaudited accounts
for the year ended 31 March 2025
ABSOLUTE AIR LIMITED
Unaudited accounts
Contents
ABSOLUTE AIR LIMITED
Company Information
for the year ended 31 March 2025
Director
Simeon Macdonalds
Secretary
Nicholas Pellatt
Company Number
04756676 (England and Wales)
Registered Office
2 Bader Way
Whiteley
FAREHAM
HAMPSHIRE
PO15 7JG
Accountants
Leon Edwards Accountants
10 Romulus Way
Fairfields
Milton Keynes
Buckinghamshire
MK11 4AZ
ABSOLUTE AIR LIMITED
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
(13,303)
49,813
Creditors: amounts falling due within one year
(33,709)
(22,802)
Net current assets
113,989
125,686
Total assets less current liabilities
113,989
126,844
Creditors: amounts falling due after more than one year
-
(22,494)
Net assets
113,989
104,350
Called up share capital
100
100
Profit and loss account
113,889
104,250
Shareholders' funds
113,989
104,350
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 December 2025 and were signed on its behalf by
Simeon Macdonalds
Director
Company Registration No. 04756676
ABSOLUTE AIR LIMITED
Notes to the Accounts
for the year ended 31 March 2025
ABSOLUTE AIR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04756676. The registered office is 2 Bader Way, Whiteley, FAREHAM, HAMPSHIRE, PO15 7JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
157
12,908
4,617
17,682
Disposals
-
-
(4,617)
(4,617)
At 31 March 2025
157
12,908
-
13,065
At 1 April 2024
157
11,750
4,617
16,524
Charge for the year
-
1,158
-
1,158
On disposals
-
-
(4,617)
(4,617)
At 31 March 2025
157
12,908
-
13,065
At 31 March 2024
-
1,158
-
1,158
ABSOLUTE AIR LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts falling due after more than one year
Trade debtors
161,001
97,007
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
9,323
22,367
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
-
22,494
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).