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REGISTERED NUMBER: 06867791 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Freelance Aviation Ltd

Freelance Aviation Ltd (Registered number: 06867791)






Contents of the Financial Statements
for the year ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Freelance Aviation Ltd

Company Information
for the year ended 30 April 2023







DIRECTOR: J Corley





REGISTERED OFFICE: 3 Marlborough Close
Benfleet
Essex
SS7 4JA





REGISTERED NUMBER: 06867791 (England and Wales)





ACCOUNTANTS: S C Devlin Accountancy Ltd
Chartered Certified Accountants
3 Marlborough Close
Benfleet
Essex
SS7 4JA

Freelance Aviation Ltd (Registered number: 06867791)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,400 317

CURRENT ASSETS
Debtors 5 15,809 16,494
Cash at bank 3,119 4,930
18,928 21,424
CREDITORS
Amounts falling due within one year 6 12,817 10,461
NET CURRENT ASSETS 6,111 10,963
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,511

11,280

CREDITORS
Amounts falling due after more than one
year

7

6,938

10,308
NET ASSETS 573 972

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 473 872
SHAREHOLDERS' FUNDS 573 972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Freelance Aviation Ltd (Registered number: 06867791)

Balance Sheet - continued
30 April 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 January 2024 and were signed by:





J Corley - Director


Freelance Aviation Ltd (Registered number: 06867791)

Notes to the Financial Statements
for the year ended 30 April 2023

1. STATUTORY INFORMATION

Freelance Aviation Ltd 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 the net invoiced supply of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Freelance Aviation Ltd (Registered number: 06867791)

Notes to the Financial Statements - continued
for the year ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 18,717
Additions 1,556
At 30 April 2023 20,273
DEPRECIATION
At 1 May 2022 18,400
Charge for year 473
At 30 April 2023 18,873
NET BOOK VALUE
At 30 April 2023 1,400
At 30 April 2022 317

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,050 4,250
Other debtors 9,759 12,244
15,809 16,494

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,176 2,984
Taxation and social security 8,465 6,150
Other creditors 1,176 1,327
12,817 10,461

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 6,938 10,308

8. ULTIMATE CONTROLLING PARTY

The controlling party is J Corley.