AIR COMPRESSOR MAINTENANCE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Watson

S W Barber

REGISTERED OFFICE:

92 Staffa Drive

Tibshelf

Alfreton

DE55 5PJ

REGISTERED NUMBER:

13794977 (England and Wales)

ACCOUNTANTS:

Sibbalds Limited

Chartered Accountants and Business Advisers

Sixth Floor

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

FIXED ASSETS

Tangible assets

4

21,189

28,690

CURRENT ASSETS

Stocks

12,700

11,965

Debtors

5

100,575

60,925

Cash at bank

145,988

103,150

259,263

176,040

CREDITORS

Amounts falling due within one year

6

106,330

111,635

NET CURRENT ASSETS

152,933

64,405

TOTAL ASSETS LESS CURRENT LIABILITIES

174,122

93,095

CREDITORS

Amounts falling due after more than one year

7

-

(1,808

)

PROVISIONS FOR LIABILITIES

10

(5,300

)

(7,200

)

NET ASSETS

168,822

84,087

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

168,821

84,086

SHAREHOLDERS' FUNDS

168,822

84,087

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by:

S W Barber - Director

D Watson - Director

1.	STATUTORY INFORMATION

Air Compressor Maintenance 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 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

17,526

23,162

2,270

42,958

Additions

2,030

-

572

2,602

Disposals

-

(8,000

)

-

(8,000

)

At 31 December 2025

19,556

15,162

2,842

37,560

DEPRECIATION

At 1 January 2025

5,998

7,838

432

14,268

Charge for year

3,187

3,546

516

7,249

Eliminated on disposal

-

(5,146

)

-

(5,146

)

At 31 December 2025

9,185

6,238

948

16,371

NET BOOK VALUE

At 31 December 2025

10,371

8,924

1,894

21,189

At 31 December 2024

11,528

15,324

1,838

28,690

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

94,041

52,962

Other debtors

6,534

7,963

100,575

60,925

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

1,808

5,085

Trade creditors

30,477

22,064

Taxation and social security

50,586

35,541

Other creditors

23,459

48,945

106,330

111,635

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

-

1,808

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

1,808

5,085

Between one and five years

-

1,808

1,808

6,893

Non-cancellable

operating leases

2025

2024

£

£

Within one year

16,729

16,859

Between one and five years

25,450

41,613

42,179

58,472

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

1,808

6,893

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

5,300

7,200

Deferred

tax

£

Balance at 1 January 2025

7,200

Provided during year

(1,900

)

Balance at 31 December 2025

5,300

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£0.01

1

1