Company registration number 06937826 (England and Wales)
AIRSIDE 1 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2025
31 December 2025
PAGES FOR FILING WITH REGISTRAR
AIRSIDE 1 LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
AIRSIDE 1 LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Stocks
390,182
312,784
Cash at bank and in hand
12,929
1,240
403,111
314,024
Creditors: amounts falling due within one year
4
(509,404)
(448,935)
Net current liabilities
(106,293)
(134,911)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(106,295)
(134,913)
Total equity
(106,293)
(134,911)

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 August 2026 and are signed on its behalf by:
Mr. A P Lanz-Bergin
Director
Company registration number 06937826 (England and Wales)
AIRSIDE 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Airside 1 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 22 Royle Green Road, Northenden, Manchester, United Kingdom, M22 4NG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

The d irectors consider the cash position and future requirements on a regular basis and ensure that appropriate facilities are available.

The directors have assumed that all current available funding will continue and accordingly, consider it appropriate that the accounts are prepared on the going concern basis.

1.3
Turnover

Revenue comprises sales of properties less an appropriate deduction for actual and expected returns and discounts.

The company recognises revenue from the following major sources:

- Sale of properties

Revenue from the sale of properties is recognised when the significant risks and rewards of ownership of the properties have passed to the buyer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Stocks

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

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

AIRSIDE 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The Directors have deemed there to be no key accounting estimates present within the financial statements.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
270
270
Taxation and social security
7,582
-
0
Other creditors
501,552
448,665
509,404
448,935
2025-12-31 2025-01-01 false false false 21 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs J D Lanz-Bergin Mr. A P Lanz-Bergin 06937826 2025-01-01 2025-12-31 06937826 2025-12-31 06937826 2024-12-31 06937826 core:WithinOneYear 2025-12-31 06937826 core:WithinOneYear 2024-12-31 06937826 core:CurrentFinancialInstruments 2025-12-31 06937826 core:CurrentFinancialInstruments 2024-12-31 06937826 core:ShareCapital 2025-12-31 06937826 core:ShareCapital 2024-12-31 06937826 core:RetainedEarningsAccumulatedLosses 2025-12-31 06937826 core:RetainedEarningsAccumulatedLosses 2024-12-31 06937826 bus:Director2 2025-01-01 2025-12-31 06937826 2024-01-01 2024-12-31 06937826 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 06937826 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 06937826 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06937826 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 06937826 bus:FRS102 2025-01-01 2025-12-31 06937826 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 06937826 bus:Director1 2025-01-01 2025-12-31 06937826 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP