IRIS Accounts Production v23.4.0.336 08133357 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081333572022-07-31081333572023-07-31081333572022-08-012023-07-31081333572021-07-31081333572021-08-012022-07-31081333572022-07-3108133357ns15:EnglandWales2022-08-012023-07-3108133357ns14:PoundSterling2022-08-012023-07-3108133357ns10:Director12022-08-012023-07-3108133357ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3108133357ns10:Micro-entities2022-08-012023-07-3108133357ns10:AuditExemptWithAccountantsReport2022-08-012023-07-3108133357ns10:FullAccounts2022-08-012023-07-3108133357ns5:CurrentFinancialInstruments2023-07-3108133357ns5:CurrentFinancialInstruments2022-07-3108133357ns5:Non-currentFinancialInstruments2023-07-3108133357ns5:Non-currentFinancialInstruments2022-07-3108133357ns10:RegisteredOffice2022-08-012023-07-31
REGISTERED NUMBER: 08133357 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

LAC AIRCRAFT LTD

LAC AIRCRAFT LTD (REGISTERED NUMBER: 08133357)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Balance Sheet 1

Chartered Accountants' Report 3

LAC AIRCRAFT LTD (REGISTERED NUMBER: 08133357)

Balance Sheet
31 July 2023

31.7.23 31.7.22
£    £    £    £   
FIXED ASSETS 19,810 21,129

CURRENT ASSETS 11,951 33,706

CREDITORS
Amounts falling due within one year (4,782 ) (11,290 )
NET CURRENT ASSETS 7,169 22,416
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,979

43,545

CREDITORS
Amounts falling due after more than
one year

15,807

27,807
NET ASSETS 11,172 15,738

CAPITAL AND RESERVES 11,172 15,738

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

LAC Aircraft Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08133357

Registered office: Lydd Aero Club
Lydd Airport
Lydd
Kent
TN29 9QL

The presentation currency of the financial statements is the Pound Sterling (£).


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2022 - 2 ) .



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

LAC AIRCRAFT LTD (REGISTERED NUMBER: 08133357)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by:





G M Fernandez-Vidal - Director


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
LAC Aircraft Ltd

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 Balance Sheet. Readers are cautioned that the Income Statement is 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 LAC Aircraft Ltd for the year ended 31 July 2023 which comprise the Income Statement, Balance Sheet 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 LAC Aircraft Ltd, 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 LAC Aircraft Ltd and state those matters that we have agreed to state to the Board of Directors of LAC Aircraft Ltd, 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 LAC Aircraft Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that LAC Aircraft Ltd 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 loss of LAC Aircraft Ltd. You consider that LAC Aircraft Ltd 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 LAC Aircraft Ltd. 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.






MMP Accounting Solutions Ltd
Unit 34 Basepoint
Shearway Business Park
Folkestone
Kent
CT19 4RH


8 April 2024