AIR SOLUTIONS LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Ruparelia

REGISTERED OFFICE:

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

REGISTERED NUMBER:

10227049 (England and Wales)

ACCOUNTANTS:

Halsey & Co (Accountants) Ltd.

Chartered Certified Accountants

Registered Auditors

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

FIXED ASSETS

Tangible assets

5

855

910

Investments

6

17,796

-

18,651

910

CURRENT ASSETS

Debtors

7

15,853

14,787

Cash at bank

1,351

20,635

17,204

35,422

CREDITORS

Amounts falling due within one year

8

28,420

10,483

NET CURRENT (LIABILITIES)/ASSETS

(11,216

)

24,939

TOTAL ASSETS LESS CURRENT LIABILITIES

7,435

25,849

PROVISIONS FOR LIABILITIES

162

173

NET ASSETS

7,273

25,676

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

7,263

25,666

SHAREHOLDERS' FUNDS

7,273

25,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 30th April 2026 and were signed by:

R Ruparelia - Director

1.	STATUTORY INFORMATION

Air 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st July 2024

2,342

Additions

381

Disposals

(423

)

At 30th June 2025

2,300

DEPRECIATION

At 1st July 2024

1,432

Charge for year

436

Eliminated on disposal

(423

)

At 30th June 2025

1,445

NET BOOK VALUE

At 30th June 2025

855

At 30th June 2024

910

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

17,796

At 30th June 2025

17,796

NET BOOK VALUE

At 30th June 2025

17,796

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

-

43

Directors' current accounts

-

2,764

Tax

380

-

Accrued income

15,258

7,176

Prepayments

215

4,804

15,853

14,787

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

1,301

1,541

Amounts owed to associates

7,149

-

Tax

-

7,211

VAT

1,038

1,205

Directors' current accounts

3,907

-

Accrued expenses

15,025

526

28,420

10,483