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Registered number: 07745534
Air Aesthetics Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07745534
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 435,799 493,398
435,799 493,398
CURRENT ASSETS
Stocks 6 61,000 59,300
Debtors 7 215,965 404,416
Cash at bank and in hand 11,540 11,956
288,505 475,672
Creditors: Amounts Falling Due Within One Year 8 (658,801 ) (833,793 )
NET CURRENT ASSETS (LIABILITIES) (370,296 ) (358,121 )
TOTAL ASSETS LESS CURRENT LIABILITIES 65,503 135,277
Creditors: Amounts Falling Due After More Than One Year 9 (39,984 ) (134,835 )
NET ASSETS 25,519 442
CAPITAL AND RESERVES
Called up share capital 11 10 10
Profit and Loss Account 25,509 432
SHAREHOLDERS' FUNDS 25,519 442
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For the year ending 31 August 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Jayne McIntosh
Director
6 July 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Air Aesthetics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07745534 . The registered office is Russell House, Doctors Lane, Henley-In-Arden, Warwickshire, B95 5AW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 5% on cost
Plant & Machinery 10% on cost
Motor Vehicles 10% straight line basis
Fixtures & Fittings 25% reducing balance basis
Computer Equipment 33% on cost
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 10)
11 10
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2024 50,000
As at 31 August 2025 50,000
Amortisation
As at 1 September 2024 50,000
As at 31 August 2025 50,000
Net Book Value
As at 31 August 2025 -
As at 1 September 2024 -
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 September 2024 381,307 778,487 41,434 14,270
As at 31 August 2025 381,307 778,487 41,434 14,270
Depreciation
As at 1 September 2024 102,655 597,989 8,640 12,816
Provided during the period 17,426 35,666 4,144 363
As at 31 August 2025 120,081 633,655 12,784 13,179
Net Book Value
As at 31 August 2025 261,226 144,832 28,650 1,091
As at 1 September 2024 278,652 180,498 32,794 1,454
Computer Equipment Total
£ £
Cost
As at 1 September 2024 21,789 1,237,287
As at 31 August 2025 21,789 1,237,287
Depreciation
As at 1 September 2024 21,789 743,889
Provided during the period - 57,599
As at 31 August 2025 21,789 801,488
Net Book Value
As at 31 August 2025 - 435,799
As at 1 September 2024 - 493,398
6. Stocks
2025 2024
£ £
Stock 61,000 59,300
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 28,810 18,657
Amounts owed by participating interests 11,723 43,668
Other debtors 175,432 342,091
215,965 404,416
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 21,213 50,012
Trade creditors 273,505 411,799
Bank loans and overdrafts 60,778 65,525
Other loans - Funding Circle 16,667 16,667
Amounts owed to participating interests 104,836 101,473
Other creditors 29,426 91,289
Taxation and social security 152,376 97,028
658,801 833,793
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,012 26,224
Bank loans 20,000 60,000
Other loans Funding Circle 14,972 48,611
39,984 134,835
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 21,213 50,012
Later than one year and not later than five years 5,012 26,224
26,225 76,236
26,225 76,236
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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