Airtime Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05960130 (England and Wales)

AIRTIME SOLUTIONS LTD

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

OJ Hill

REGISTERED OFFICE:

1 Faraday Drive

Bridgnorth

West Midlands

WV15 5BA

REGISTERED NUMBER:

05960130 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Tangible assets

4

26,370

35,727

CURRENT ASSETS

Debtors

5

116,236

81,466

Cash at bank

164,385

108,194

280,621

189,660

CREDITORS

Amounts falling due within one year

6

217,635

218,077

NET CURRENT ASSETS/(LIABILITIES)

62,986

(28,417

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

89,356

7,310

PROVISIONS FOR LIABILITIES

4,283

5,723

NET ASSETS

85,073

1,587

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

85,071

1,585

SHAREHOLDERS' FUNDS

85,073

1,587

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 21 April 2026 and were signed by:

O Hill - Director

1.	STATUTORY INFORMATION

Airtime Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 net invoiced goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Short leasehold

-

Straight line over the life of the lease

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

Straight line over 3 years

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares of non-puttable ordinary shares which are measured at fair value, with changed recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

Going concern

The director believes that the ongoing adoption of the going concern basis for the preparation of the financial statements to be appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

COST

At 1 November 2024

17,977

30,346

30,667

78,990

Additions

-

368

1,180

1,548

At 31 October 2025

17,977

30,714

31,847

80,538

DEPRECIATION

At 1 November 2024

5,143

16,020

22,100

43,263

Charge for year

3,596

2,908

4,401

10,905

At 31 October 2025

8,739

18,928

26,501

54,168

NET BOOK VALUE

At 31 October 2025

9,238

11,786

5,346

26,370

At 31 October 2024

12,834

14,326

8,567

35,727

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

44,857

35,927

Amounts owed by associates

35,750

-

Other debtors

29,103

34,746

Directors' current accounts

2,004

-

Prepayments

4,522

10,793

116,236

81,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade creditors

41,445

17,722

Social security and other taxes

55,266

18,269

VAT

66,608

66,961

Other creditors

-

33,161

Directors' current accounts

-

976

Accrued expenses

54,316

80,988

217,635

218,077

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

OJ Hill

Balance outstanding at start of year

-

Amounts advanced

36,400

-

Amounts repaid

(34,396

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

2,004

-

8.	RELATED PARTY DISCLOSURES

During the year the company made sales totalling £63,400 (2024 - £63,400) to entities under common control of the director. At the year end the amount due from entities under common control was £35,750 (2024 - £34,730). The balance is unsecured and repayable on demand.

During the year rent was paid to the director's SIPP in respect of the company's operating premises, amounting to £13,000 (2024 - £13,000).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is O Hill as sole director and shareholder.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Airtime Solutions Ltd for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Airtime Solutions Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Airtime Solutions Ltd and state those matters that we have agreed to state to the director of Airtime Solutions Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Airtime Solutions Ltd and its director for our work or for this report.

It is your duty to ensure that Airtime Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Airtime Solutions Ltd. You consider that Airtime Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Airtime Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

21 April 2026