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Company Registration No. 06267960 (England and Wales)
Jet Exchange Limited Unaudited accounts for the year ended 30 April 2023
Jet Exchange Limited Unaudited accounts Contents
Page
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Jet Exchange Limited Company Information for the year ended 30 April 2023
Directors
Ian Austin Kátia Dos Santos Vidal
Company Number
06267960 (England and Wales)
Registered Office
ST JOHN'S INNOVATION CENTRE COWLEY ROAD CAMBRIDGE CB4 0WS ENGLAND
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Jet Exchange Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
897 
16,475 
Cash at bank and in hand
37,401 
56,825 
38,298 
73,300 
Creditors: amounts falling due within one year
(16,251)
(30,772)
Net current assets
22,047 
42,528 
Net assets
22,047 
42,528 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
22,044 
42,525 
Shareholders' funds
22,047 
42,528 
For the year ending 30 April 2023 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 10 October 2023 and were signed on its behalf by
Ian Austin Director Company Registration No. 06267960
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Jet Exchange Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Jet Exchange Limited is a private company, limited by shares, registered in England and Wales, registration number 06267960. The registered office is ST JOHN'S INNOVATION CENTRE, COWLEY ROAD, CAMBRIDGE, CB4 0WS, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
897 
4,175 
Other debtors
- 
12,300 
897 
16,475 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
15,600 
4,080 
Taxes and social security
48 
16,692 
Other creditors
603 
- 
Accruals
- 
10,000 
16,251 
30,772 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
1 Ordinary A shares of £1 each
1 
1 
3 
3 
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Jet Exchange Limited Notes to the Accounts for the year ended 30 April 2023
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ian Austin
Director's Loan
12,300 
- 
12,300 
- 
12,300 
- 
12,300 
- 
8
Transactions with related parties
During the year, the company received loans and expenses paid on behalf of it by Jet Exchange Management Ltd - a company owned by Ian Austin. This was cleared by a management charge at year end.
9
Average number of employees
During the year the average number of employees was 0 (2022: 3).
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