Company Registration No. 03656422 (England and Wales)
Air Design Limited
Unaudited accounts
for the year ended 31 March 2026
Air Design Limited
Unaudited accounts
Contents
Air Design Limited
Company Information
for the year ended 31 March 2026
Directors
Alan Robertson
David Kemp
Company Number
03656422 (England and Wales)
Registered Office
1st Floor, St. Saviours House
39-41 Union Street
London
SE1 1SD
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Air Design Limited
Statement of financial position
as at 31 March 2026
Tangible assets
20,223
23,808
Cash at bank and in hand
3,836
122,181
Creditors: amounts falling due within one year
(219,668)
(441,135)
Net current assets
36,274
38,242
Total assets less current liabilities
56,497
62,050
Creditors: amounts falling due after more than one year
-
(1,769)
Provisions for liabilities
Deferred tax
(4,853)
(5,714)
Called up share capital
735
735
Capital redemption reserve
265
265
Profit and loss account
50,644
53,567
Shareholders' funds
51,644
54,567
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 October 2026 and were signed on its behalf by
Alan Robertson
Director
Company Registration No. 03656422
Air Design Limited
Notes to the Accounts
for the year ended 31 March 2026
Air Design Limited is a private company, limited by shares, registered in England and Wales, registration number 03656422. The registered office is 1st Floor, St. Saviours House, 39-41 Union Street, London, SE1 1SD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Air Design Limited
Notes to the Accounts
for the year ended 31 March 2026
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Expenditure on research and development is written off in the year in which it is incurred.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
17,471
59,485
76,956
At 31 March 2026
17,471
62,253
79,724
At 1 April 2025
13,324
39,824
53,148
Charge for the year
1,037
5,432
6,469
At 31 March 2026
14,361
45,140
59,501
At 31 March 2026
3,110
17,113
20,223
At 31 March 2025
4,147
19,661
23,808
Air Design Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
233,313
307,753
Accrued income and prepayments
13,933
5,552
Other debtors
4,860
43,891
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
51,548
92,062
Trade creditors
15,661
37,625
Taxes and social security
60,296
173,805
Other creditors
16,476
45,427
Loans from directors
12,205
15,766
Deferred income
50,321
62,363
7
Creditors: amounts falling due after more than one year
2026
2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
12,776
125,764
128,868
9,672
Loan
(28,542)
67,292
60,627
(21,877)
(15,766)
193,056
189,495
(12,205)
The above loan is unsecured and repayable on demand. Interest is charged annually. The movement on the loan is reported above. The loan was repaid in full within 9 months of the year end by way of dividends.
9
Post balance sheet events
Research and development RDEC claims were submitted after the year end for 2025 and 2026 financial years. The total of these claims (gross) came to £72,485 and the amounts have been included within these accounts as other operating income.
10
Average number of employees
During the year the average number of employees was 17 (2025: 16).