2022-04-012023-03-312023-03-31false08916236AEROVUE UAV LIMITED2023-10-3074202iso4217:GBPxbrli:pure089162362022-04-01089162362023-03-31089162362022-04-012023-03-31089162362021-04-01089162362022-03-31089162362021-04-012022-03-3108916236bus:SmallEntities2022-04-012023-03-3108916236bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3108916236bus:FullAccounts2022-04-012023-03-3108916236bus:PrivateLimitedCompanyLtd2022-04-012023-03-3108916236core:WithinOneYear2023-03-3108916236core:AfterOneYear2023-03-3108916236core:WithinOneYear2022-03-3108916236core:AfterOneYear2022-03-3108916236core:ShareCapital2023-03-3108916236core:SharePremium2023-03-3108916236core:RevaluationReserve2023-03-3108916236core:OtherReservesSubtotal2023-03-3108916236core:RetainedEarningsAccumulatedLosses2023-03-3108916236core:ShareCapital2022-03-3108916236core:SharePremium2022-03-3108916236core:RevaluationReserve2022-03-3108916236core:OtherReservesSubtotal2022-03-3108916236core:RetainedEarningsAccumulatedLosses2022-03-3108916236core:LandBuildings2023-03-3108916236core:PlantMachinery2023-03-3108916236core:Vehicles2023-03-3108916236core:FurnitureFittings2023-03-3108916236core:OfficeEquipment2023-03-3108916236core:NetGoodwill2023-03-3108916236core:IntangibleAssetsOtherThanGoodwill2023-03-3108916236core:ListedExchangeTraded2023-03-3108916236core:UnlistedNon-exchangeTraded2023-03-3108916236core:LandBuildings2022-03-3108916236core:PlantMachinery2022-03-3108916236core:Vehicles2022-03-3108916236core:FurnitureFittings2022-03-3108916236core:OfficeEquipment2022-03-3108916236core:NetGoodwill2022-03-3108916236core:IntangibleAssetsOtherThanGoodwill2022-03-3108916236core:ListedExchangeTraded2022-03-3108916236core:UnlistedNon-exchangeTraded2022-03-3108916236core:LandBuildings2022-04-012023-03-3108916236core:PlantMachinery2022-04-012023-03-3108916236core:Vehicles2022-04-012023-03-3108916236core:FurnitureFittings2022-04-012023-03-3108916236core:OfficeEquipment2022-04-012023-03-3108916236core:NetGoodwill2022-04-012023-03-3108916236core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108916236core:ListedExchangeTraded2022-04-012023-03-3108916236core:UnlistedNon-exchangeTraded2022-04-012023-03-3108916236core:MoreThanFiveYears2022-04-012023-03-3108916236core:Non-currentFinancialInstruments2023-03-3108916236core:Non-currentFinancialInstruments2022-03-3108916236dpl:CostSales2022-04-012023-03-3108916236dpl:DistributionCosts2022-04-012023-03-3108916236core:LandBuildings2022-04-012023-03-3108916236core:PlantMachinery2022-04-012023-03-3108916236core:Vehicles2022-04-012023-03-3108916236core:FurnitureFittings2022-04-012023-03-3108916236core:OfficeEquipment2022-04-012023-03-3108916236dpl:AdministrativeExpenses2022-04-012023-03-3108916236core:NetGoodwill2022-04-012023-03-3108916236core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108916236dpl:GroupUndertakings2022-04-012023-03-3108916236dpl:ParticipatingInterests2022-04-012023-03-3108916236dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3108916236core:ListedExchangeTraded2022-04-012023-03-3108916236dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3108916236core:UnlistedNon-exchangeTraded2022-04-012023-03-3108916236dpl:CostSales2021-04-012022-03-3108916236dpl:DistributionCosts2021-04-012022-03-3108916236core:LandBuildings2021-04-012022-03-3108916236core:PlantMachinery2021-04-012022-03-3108916236core:Vehicles2021-04-012022-03-3108916236core:FurnitureFittings2021-04-012022-03-3108916236core:OfficeEquipment2021-04-012022-03-3108916236dpl:AdministrativeExpenses2021-04-012022-03-3108916236core:NetGoodwill2021-04-012022-03-3108916236core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3108916236dpl:GroupUndertakings2021-04-012022-03-3108916236dpl:ParticipatingInterests2021-04-012022-03-3108916236dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3108916236core:ListedExchangeTraded2021-04-012022-03-3108916236dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3108916236core:UnlistedNon-exchangeTraded2021-04-012022-03-3108916236core:NetGoodwill2023-03-3108916236core:IntangibleAssetsOtherThanGoodwill2023-03-3108916236core:LandBuildings2023-03-3108916236core:PlantMachinery2023-03-3108916236core:Vehicles2023-03-3108916236core:FurnitureFittings2023-03-3108916236core:OfficeEquipment2023-03-3108916236core:AfterOneYear2023-03-3108916236core:WithinOneYear2023-03-3108916236core:ListedExchangeTraded2023-03-3108916236core:UnlistedNon-exchangeTraded2023-03-3108916236core:ShareCapital2023-03-3108916236core:SharePremium2023-03-3108916236core:RevaluationReserve2023-03-3108916236core:OtherReservesSubtotal2023-03-3108916236core:RetainedEarningsAccumulatedLosses2023-03-3108916236core:NetGoodwill2022-03-3108916236core:IntangibleAssetsOtherThanGoodwill2022-03-3108916236core:LandBuildings2022-03-3108916236core:PlantMachinery2022-03-3108916236core:Vehicles2022-03-3108916236core:FurnitureFittings2022-03-3108916236core:OfficeEquipment2022-03-3108916236core:AfterOneYear2022-03-3108916236core:WithinOneYear2022-03-3108916236core:ListedExchangeTraded2022-03-3108916236core:UnlistedNon-exchangeTraded2022-03-3108916236core:ShareCapital2022-03-3108916236core:SharePremium2022-03-3108916236core:RevaluationReserve2022-03-3108916236core:OtherReservesSubtotal2022-03-3108916236core:RetainedEarningsAccumulatedLosses2022-03-3108916236core:NetGoodwill2021-04-0108916236core:IntangibleAssetsOtherThanGoodwill2021-04-0108916236core:LandBuildings2021-04-0108916236core:PlantMachinery2021-04-0108916236core:Vehicles2021-04-0108916236core:FurnitureFittings2021-04-0108916236core:OfficeEquipment2021-04-0108916236core:AfterOneYear2021-04-0108916236core:WithinOneYear2021-04-0108916236core:ListedExchangeTraded2021-04-0108916236core:UnlistedNon-exchangeTraded2021-04-0108916236core:ShareCapital2021-04-0108916236core:SharePremium2021-04-0108916236core:RevaluationReserve2021-04-0108916236core:OtherReservesSubtotal2021-04-0108916236core:RetainedEarningsAccumulatedLosses2021-04-0108916236core:AfterOneYear2022-04-012023-03-3108916236core:WithinOneYear2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3108916236core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3108916236core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3108916236core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3108916236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3108916236core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3108916236core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3108916236core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3108916236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3108916236core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3108916236core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3108916236core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3108916236core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3108916236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3108916236core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3108916236core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3108916236core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3108916236core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3108916236core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3108916236bus:Director12022-04-012023-03-31

AEROVUE UAV LIMITED

Registered Number
08916236
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

AEROVUE UAV LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

MARRYAT, Jeremy Michael Howard

Registered Address

East Whiddon
Landkey Road
Barnstaple
EX32 9LA

Registered Number

08916236 (England and Wales)
AEROVUE UAV LIMITED
Statement of Financial Position
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets631,27136,376
31,27136,376
Current assets
Debtors-3,197
Cash at bank and on hand3,9074,266
3,9077,463
Creditors amounts falling due within one year7(34,878)(44,918)
Net current assets (liabilities)(30,971)(37,455)
Total assets less current liabilities300(1,079)
Creditors amounts falling due after one year8(5,443)(9,397)
Net assets(5,143)(10,476)
Capital and reserves
Called up share capital22
Profit and loss account(5,145)(10,478)
Shareholders' funds(5,143)(10,476)
The financial statements were approved and authorised for issue by the Director on 30 October 2023, and are signed on its behalf by:
MARRYAT, Jeremy Michael Howard
Director
Registered Company No. 08916236
AEROVUE UAV LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Intangible assets policy
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
4.Employee information

20232022
Average number of employees during the year11
5.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 April 2210,00010,000
At 31 March 2310,00010,000
Amortisation and impairment
At 01 April 2210,00010,000
At 31 March 2310,00010,000
Net book value
At 31 March 23--
At 31 March 22--
6.Property, plant and equipment

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 April 2218,47983,123101,602
Additions5362,5333,069
Disposals-(870)(870)
At 31 March 2319,01584,786103,801
Depreciation and impairment
At 01 April 2218,47946,74765,226
Charge for year1337,4957,628
On disposals-(323)(323)
Other adjustments-(1)(1)
At 31 March 2318,61253,91872,530
Net book value
At 31 March 2340330,86831,271
At 31 March 22-36,37636,376
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables-88
Taxation and social security2,2081,051
Finance lease and HP contracts-401
Other creditors30,44040,963
Accrued liabilities and deferred income2,2302,415
Total34,87844,918
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts5,4439,397
Total5,4439,397