Aircare Compressor Services Limited

Registered number

02648531

Filleted Accounts

31 March 2026

Aircare Compressor Services Limited
Registered number:		02648531
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		287,537			291,445
Investments	4		150			150
			287,687			291,595

Current assets
Stocks		149,600			147,100
Debtors	5	1,118,601			943,667
Cash at bank and in hand		3,339,358			2,768,828
		4,607,559			3,859,595

Creditors: amounts falling due within one year	6	(1,113,728)			(873,900)

Net current assets			3,493,831			2,985,695

Total assets less current liabilities			3,781,518			3,277,290


Provisions for liabilities			(17,371)			(17,235)


Net assets			3,764,147			3,260,055

Capital and reserves
Called up share capital			6			6
Profit and loss account			3,764,141			3,260,049

Shareholder's funds			3,764,147			3,260,055

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs W J Hayward
Director
Approved by the board on 10 August 2026

Aircare Compressor Services Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Tools and equipment			20% reducing balance
	Motor vehicles			25% reducing balance
	Land and buildings			2% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted 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.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					23		21


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	310,479		119,074		66,169		495,722
	Additions	-		3,911		26,487		30,398
	Disposals	-		-		(41,714)		(41,714)
	At 31 March 2026	310,479		122,985		50,942		484,406

	Depreciation
	At 1 April 2025	87,976		65,505		50,796		204,277
	Charge for the year	4,450		11,496		7,834		23,780
	On disposals	-		-		(31,188)		(31,188)
	At 31 March 2026	92,426		77,001		27,442		196,869

	Net book value
	At 31 March 2026	218,053		45,984		23,500		287,537
	At 31 March 2025	222,503		53,569		15,373		291,445


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2025							150

	At 31 March 2026							150


5	Debtors					2026		2025
£							£

	Trade debtors					667,514		499,936
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					32,000		30,000
	Director's loan					293,000		293,000
	Other debtors					126,087		120,731
						1,118,601		943,667


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					623,453		342,547
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					140,000		140,000
	Taxation and social security costs					219,741		153,405
	Other creditors					130,534		237,948
						1,113,728		873,900


7	Related party transactions

Aircare (Corby) Limited
Company in which Aircare Compressor Services Limited owns 83% of the shares and in which Mrs W Hayward is a director.
Sales made during the year	85,046	101,416
Purchases made during the year	2,945	7,402
Ledger balance due to the related party	17,748	1,836
Ledger balance due from the related party	180	14,192
Dividends receivable from related party	30,000	30,000
Amounts due from related party	32,000	30,000


8	Controlling party

	The company's controlling party was the director Mrs W J Hayward, owning all of the issued share capital.


9	Other information

	Aircare Compressor Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Glebe House
	Crucible Road
	Corby
	Northamptonshire
	NN17 5TS