THE AIRSHED LIMITED


Directors	FRASER, Hilary
	FRASER, Stephen Andrew


Company Secretary	FRASER, Hilary


Registered Address	5 Lauder Place
	East Linton
	East Lothian
	EH40 3DB


Registered Number	SC309129 (Scotland)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		80,840		96,590
Investments	4		64,803		12,769
			145,643		109,359
Current assets
Debtors	5	70,943		65,051
Cash at bank and on hand		218,238		235,943
		289,181		300,994
Creditors amounts falling due within one year	6	(58,855)		(73,944)
Net current assets (liabilities)			230,326		227,050
Total assets less current liabilities			375,969		336,409
Net assets			375,969		336,409
Capital and reserves
Called up share capital			2		2
Revaluation reserve			8,508		-
Profit and loss account			367,459		336,407
Shareholders' funds	7		375,969		336,409

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 9 April 2026, and are signed on its behalf by:

FRASER, Hilary
Director
Registered Company No. SC309129

THE AIRSHED LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Land and buildings	30
	Plant and machinery	5
	Vehicles	5

	Investments
	Investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 October 24	303,531
	Additions	6,365
	At 30 September 25	309,896
	Depreciation and impairment
	At 01 October 24	206,942
	Charge for year	22,114
	At 30 September 25	229,056
	Net book value
	At 30 September 25	80,840
	At 30 September 24	96,590

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 October 24	12,769
	Additions	43,526
	Revaluations	8,508
	At 30 September 25	64,803
	Net book value
	At 30 September 25	64,803
	At 30 September 24	12,769

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	70,480	64,721
Prepayments and accrued income	463	330
Total	70,943	65,051

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,068	5,310
Taxation and social security	32,144	20,705
Other creditors	22,844	47,129
Accrued liabilities and deferred income	799	800
Total	58,855	73,944

7.	Revaluation reserve


		£
	Revaluations of other assets	8,508
	At 30 September 25	8,508