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REGISTERED NUMBER: NI639017 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

AEROTEC SYSTEMS AND SOFTWARE LTD.

AEROTEC SYSTEMS AND SOFTWARE LTD. (Registered number: NI639017)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


AEROTEC SYSTEMS AND SOFTWARE LTD.

Company Information
for the Year Ended 30 June 2023







DIRECTORS: W Lee
L M Lee



REGISTERED OFFICE: 9 MEADOWFIELD COURT
AGHALEE
CRAIGAVON
Co. Armagh
BT67 0EL



REGISTERED NUMBER: NI639017 (Northern Ireland)



ACCOUNTANTS: Henderson & Co
Chartered Certified Accountants
15 Killuney Drive
Armagh
Co. Armagh
BT60 1AY



BANKERS: Santander
Bridle Road
Bootle
Merseyside
L30 4GB

AEROTEC SYSTEMS AND SOFTWARE LTD.

Report of the Accountants to the Directors of
AEROTEC SYSTEMS AND SOFTWARE 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 and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2023 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Henderson & Co
Chartered Certified Accountants
15 Killuney Drive
Armagh
Co. Armagh
BT60 1AY


16 February 2024

AEROTEC SYSTEMS AND SOFTWARE LTD. (Registered number: NI639017)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 994 1,104

CURRENT ASSETS
Debtors 5 - 1,190
Cash at bank 11,555 7,335
11,555 8,525
CREDITORS
Amounts falling due within one year 6 3,915 5,794
NET CURRENT ASSETS 7,640 2,731
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,634

3,835

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 8,632 3,833
SHAREHOLDERS' FUNDS 8,634 3,835

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

AEROTEC SYSTEMS AND SOFTWARE LTD. (Registered number: NI639017)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 16 February 2024 and were signed on its behalf by:




W Lee - Director



L M Lee - Director


AEROTEC SYSTEMS AND SOFTWARE LTD. (Registered number: NI639017)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

AEROTEC SYSTEMS AND SOFTWARE LTD. is a private company, limited by shares , registered in Northern Ireland. 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
The Company is not registered for VAT.

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 - 10% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

AEROTEC SYSTEMS AND SOFTWARE LTD. (Registered number: NI639017)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2022
and 30 June 2023 1,949
DEPRECIATION
At 1 July 2022 845
Charge for year 110
At 30 June 2023 955
NET BOOK VALUE
At 30 June 2023 994
At 30 June 2022 1,104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors - 1,190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Tax 1,628 5,094
Social security and other taxes 13 78
Directors' current accounts 1,745 96
Accrued expenses 529 526
3,915 5,794

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
2 Ordinary 1 2 2

AEROTEC SYSTEMS AND SOFTWARE LTD. (Registered number: NI639017)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. RESERVES
Retained
earnings
£   

At 1 July 2022 3,833
Profit for the year 6,799
Dividends (2,000 )
At 30 June 2023 8,632