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REGISTERED NUMBER: 08913156 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31st March 2022

for

AIRCRAFT CIRCUS EQUIPMENT LIMITED

AIRCRAFT CIRCUS EQUIPMENT LIMITED (REGISTERED NUMBER: 08913156)






Contents of the Financial Statements
for the year ended 31st March 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

AIRCRAFT CIRCUS EQUIPMENT LIMITED

Company Information
for the year ended 31st March 2022







DIRECTORS: Mrs L Francis Litton
N Litton





REGISTERED OFFICE: Suffolk House
George Street
Croydon
Surrey
CR0 0YN





REGISTERED NUMBER: 08913156 (England and Wales)





ACCOUNTANTS: Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN

AIRCRAFT CIRCUS EQUIPMENT LIMITED (REGISTERED NUMBER: 08913156)

Statement of Financial Position
31st March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 52,303 55,524

CURRENT ASSETS
Debtors 5 582 2,036
Cash at bank 6,015 7,653
6,597 9,689
CREDITORS
Amounts falling due within one year 6 31,726 20,912
NET CURRENT LIABILITIES (25,129 ) (11,223 )
TOTAL ASSETS LESS CURRENT LIABILITIES 27,174 44,301

PROVISIONS FOR LIABILITIES 9,495 10,550
NET ASSETS 17,679 33,751

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,579 33,651
SHAREHOLDERS' FUNDS 17,679 33,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 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.

AIRCRAFT CIRCUS EQUIPMENT LIMITED (REGISTERED NUMBER: 08913156)

Statement of Financial Position - continued
31st March 2022


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 17th August 2022 and were signed on its behalf by:





Mrs L Francis Litton - Director


AIRCRAFT CIRCUS EQUIPMENT LIMITED (REGISTERED NUMBER: 08913156)

Notes to the Financial Statements
for the year ended 31st March 2022

1. STATUTORY INFORMATION

Aircraft Circus Equipment Limited 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.

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
Revenue 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.
Equipment - 10% on reducing balance
Computer equipment - 20% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

AIRCRAFT CIRCUS EQUIPMENT LIMITED (REGISTERED NUMBER: 08913156)

Notes to the Financial Statements - continued
for the year ended 31st March 2022

4. PROPERTY, PLANT AND EQUIPMENT
Computer
Equipment equipment Totals
£    £    £   
COST
At 1st April 2021 116,632 11,209 127,841
Additions 2,332 - 2,332
At 31st March 2022 118,964 11,209 130,173
DEPRECIATION
At 1st April 2021 61,108 11,209 72,317
Charge for year 5,553 - 5,553
At 31st March 2022 66,661 11,209 77,870
NET BOOK VALUE
At 31st March 2022 52,303 - 52,303
At 31st March 2021 55,524 - 55,524

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
VAT 582 2,036

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade creditors - 973
Amounts owed to associates 1,101 4,991
Tax 14,682 14,868
Directors' current accounts 15,943 80
31,726 20,912

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors. There is no ultimate controlling party.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Aircraft Circus Equipment Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aircraft Circus Equipment Limited for the year ended 31st March 2022 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Aircraft Circus Equipment Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aircraft Circus Equipment Limited and state those matters that we have agreed to state to the Board of Directors of Aircraft Circus Equipment Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aircraft Circus Equipment Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Aircraft Circus Equipment Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aircraft Circus Equipment Limited. You consider that Aircraft Circus Equipment Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Aircraft Circus Equipment Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN


Date: .............................................