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REGISTERED NUMBER: 08314920 (England and Wales)














GIVEN TO FLY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






GIVEN TO FLY LIMITED (REGISTERED NUMBER: 08314920)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

GIVEN TO FLY LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTORS: P Talbot
Mrs K Talbot





REGISTERED OFFICE: 147 Golden Cross Lane
Catshill
Bromsgrove
Worcestershire
B61 0JZ





REGISTERED NUMBER: 08314920 (England and Wales)





ACCOUNTANTS: Equus Miller Limited
Chartered Certified Accountants
Brook House
47 High Street
Henley in Arden
Warwickshire
B95 5AA

GIVEN TO FLY LIMITED (REGISTERED NUMBER: 08314920)

BALANCE SHEET
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,761 14,367

CURRENT ASSETS
Stocks 685 650
Debtors 5 8,831 6,600
Cash at bank and in hand 7,791 31,688
17,307 38,938
CREDITORS
Amounts falling due within one year 6 12,864 34,173
NET CURRENT ASSETS 4,443 4,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,204

19,132

CREDITORS
Amounts falling due after more than one
year

7

(11,717

)

(15,300

)

PROVISIONS FOR LIABILITIES (2,216 ) (1,386 )
NET ASSETS 2,271 2,446

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 2,261 2,436
SHAREHOLDERS' FUNDS 2,271 2,446

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

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

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 23 December 2023 and were signed on its behalf by:




P Talbot - Director


GIVEN TO FLY LIMITED (REGISTERED NUMBER: 08314920)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Given To Fly 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
Turnover represents net invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2022 - 2 ) .

GIVEN TO FLY LIMITED (REGISTERED NUMBER: 08314920)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 19,636 6,567 26,203
Additions 228 - 228
At 31 March 2023 19,864 6,567 26,431
DEPRECIATION
At 1 April 2022 6,401 5,435 11,836
Charge for year 2,019 815 2,834
At 31 March 2023 8,420 6,250 14,670
NET BOOK VALUE
At 31 March 2023 11,444 317 11,761
At 31 March 2022 13,235 1,132 14,367

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Amounts owed by associates 7,200 4,800
Prepayments and accrued income 1,631 1,800
8,831 6,600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Corporation tax payable 3,793 1,636
Social security & other taxes (36 ) 47
Directors' loan accounts 6,991 30,471
Accrued expenses 2,116 2,019
12,864 34,173

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans - 1-2 years 11,717 15,300

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/23 31/3/22
value: £    £   
10 Ordinary £1 10 10

GIVEN TO FLY LIMITED (REGISTERED NUMBER: 08314920)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

9. RESERVES
Retained
earnings
£   

At 1 April 2022 2,436
Profit for the year 12,825
Dividends (13,000 )
At 31 March 2023 2,261

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GIVEN TO FLY 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 Balance Sheet. Readers are cautioned that the Income Statement 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 Given To Fly Limited for the year ended 31 March 2023 which comprise the Statement of Income and Retained Earnings, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Given To Fly 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 Given To Fly Limited and state those matters that we have agreed to state to the Board of Directors of Given To Fly Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Given To Fly 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 Given To Fly Limited. You consider that Given To Fly 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 Given To Fly 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.






Equus Miller Limited
Chartered Certified Accountants
Brook House
47 High Street
Henley in Arden
Warwickshire
B95 5AA


23 December 2023