REGISTERED NUMBER: 03915661 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CLEAN AIR FACILITIES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs M K Wren

N C Williams

REGISTERED OFFICE:

5 Newton Close

Drayton Fields Industrial Estate

Daventry

Northamptonshire

NN11 8RR

REGISTERED NUMBER:

03915661 (England and Wales)

SENIOR STATUTORY AUDITOR:

Mark Ashfield BA FCA

AUDITORS:

HB&O Ltd

Chartered Accountants and Statutory Auditor

Highdown House

11 Highdown Road

Leamington Spa

Warwickshire

CV31 1XT

BANKERS:

National Westminster Bank plc

519 Foleshill Road

Coventry

CV3 5ZZ

FIXED ASSETS

Tangible assets

4

112,391

109,420

CURRENT ASSETS

Stocks

3

163

Debtors

1,332,143

1,262,979

Cash at bank

328,144

249,512

1,660,290

1,512,654

CREDITORS

Amounts falling due within one year

724,169

675,982

NET CURRENT ASSETS

936,121

836,672

TOTAL ASSETS LESS CURRENT LIABILITIES

1,048,512

946,092

PROVISIONS FOR LIABILITIES

6

26,690

18,407

NET ASSETS

1,021,822

927,685

CAPITAL AND RESERVES

Called up share capital

7

200

200

Retained earnings

1,021,622

927,485

SHAREHOLDERS' FUNDS

1,021,822

927,685

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 December 2025 and were signed on its behalf by:

Mrs M K Wren - Director

N C Williams - Director

1.	STATUTORY INFORMATION

Clean Air Facilities 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

For contracting activities turnover represents the value of work carried out during the year. Payments received in excess of amounts recognised as turnover are classified as "payments on account" and are included within other creditors.

Tangible fixed assets

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

Office equipment

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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.

Financial instruments

Loans and borrowings are initially recognised at the transaction price including truncation costs. Subsequently, financial instruments are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

224,669

Additions

52,636

Disposals

(14,463

)

At 31 March 2025

262,842

DEPRECIATION

At 1 April 2024

115,249

Charge for year

46,274

Eliminated on disposal

(11,072

)

At 31 March 2025

150,451

NET BOOK VALUE

At 31 March 2025

112,391

At 31 March 2024

109,420

5.	SECURED DEBTS

The company has cross-group and related entity guarantees in place with Clean Air Technology Limited, Clean Air Installations Limited and Marnic Property Limited (formerly Shoo 188 Limited) in respect of the group and related entity bank indebtedness.

National Westminster Bank Plc holds a debenture dated 31 March 2006 relating to a legal charge over the assets of the company.

6.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

26,690

18,407

Deferred

tax

£

Balance at 1 April 2024

18,407

Provided during year

8,283

Balance at 31 March 2025

26,690

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Ashfield BA FCA (Senior Statutory Auditor)

for and on behalf of HB&O Ltd

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme in respect of certain employees. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to £25,321 (2024 - £8,050). There are no outstanding pension amounts in debtors or creditors at the year end.

10.	RELATED PARTY DISCLOSURES

Marnic Property Limited - Company under common control.

From 11 December 2024, Marnic Property Limited ceased to be a group entity and became a related party. During the financial year, the company was charged rent of £14,000 and management charges of £108,000 by Marnic Property Limited and as disclosed in other debtors was owed £154,259 as at 31 March 2025 by Marnic Property Limited.

11.	ULTIMATE PARENT COMPANY

The company's ultimate parent undertaking at the balance sheet date was Shoo 188 Limited, which is incorporated in England and Wales.

12.	CONTROLLING INTEREST

The company is controlled by the directors by virtue of their equal shareholdings in the parent undertaking.