Company Registration No. 7301215 (England and Wales)
Takeoff (UK) Limited
Unaudited accounts
for the year ended 30 June 2023
Takeoff (UK) Limited
Unaudited accounts
Contents
Takeoff (UK) Limited
Company Information
for the year ended 30 June 2023
Director
Alister Barry Collins
Company Number
7301215 (England and Wales)
Registered Office
41 Oldfields Road
Sutton
Surrey
SM1 2NB
Accountants
Blythe & Co
41 Oldfields Road
Sutton
Surrey
SM1 2NB
Takeoff (UK) Limited
Statement of financial position
as at 30 June 2023
Tangible assets
49,416
45,440
Cash at bank and in hand
83,472
18,430
Creditors: amounts falling due within one year
(273,729)
(540,088)
Net current liabilities
(34,261)
(120,941)
Total assets less current liabilities
15,155
(75,501)
Creditors: amounts falling due after more than one year
-
(43,333)
Net assets/(liabilities)
15,155
(118,834)
Called up share capital
100
100
Profit and loss account
15,055
(118,934)
Shareholders' funds
15,155
(118,834)
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 March 2024 and were signed on its behalf by
Alister Barry Collins
Director
Company Registration No. 7301215
Takeoff (UK) Limited
Notes to the Accounts
for the year ended 30 June 2023
Takeoff (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 7301215. The registered office is 41 Oldfields Road, Sutton, Surrey, SM1 2NB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
4
Tangible fixed assets
Plant & machinery
Charge for the year
26,292
Takeoff (UK) Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
140,579
389,521
Accrued income and prepayments
9,352
-
Other debtors
6,065
11,196
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
43,333
43,333
Trade creditors
126,507
70,389
Taxes and social security
28,368
62,631
Other creditors
1,752
4,642
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 8 (2022: 8).