BIBURY AIRFIELD LIMITED

Company Registration Number:
09936081 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

BIBURY AIRFIELD LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BIBURY AIRFIELD LIMITED

Company Information

for the Period Ended 30 June 2024




Director: Martin Chisholm
Registered office: Fulbrook Manor
Upper End
Fulbrook
Oxfordshire
England
OX18 4BX
Company Registration Number: 09936081 (England and Wales)

BIBURY AIRFIELD LIMITED

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal Activities

The owns a property which it manages and has rental agreements in place that funds the company

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
Martin Chisholm

This report was approved by the board of directors on 1 July 2024
And Signed On Behalf Of The Board By:

Name: Martin Chisholm
Status: Director

BIBURY AIRFIELD LIMITED

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 106,300 102,700
Cost of sales ( 14,014 ) -
Gross Profit or (Loss) 92,286 102,700
Administrative Expenses ( 33,876 ) ( 28,296 )
Operating Profit or (Loss) 58,410 74,404
Interest Payable and Similar Charges ( 19,410 ) ( 28,448 )
Profit or (Loss) Before Tax 39,000 45,956
Tax on Profit ( 7,410 ) ( 8,732 )
Profit or (Loss) for Period 31,590 37,224

The notes form part of these financial statements

BIBURY AIRFIELD LIMITED

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,216,319 1,218,329
Total fixed assets: 1,216,319 1,218,329
Current assets
Debtors: 5 14,240 6,757
Cash at bank and in hand: 1,103 3,855
Total current assets: 15,343 10,612
Creditors: amounts falling due within one year: 6 ( 27,732 ) ( 20,518 )
Net current assets (liabilities): ( 12,389 ) ( 9,906 )
Total assets less current liabilities: 1,203,930 1,208,423
Creditors: amounts falling due after more than one year: 7 ( 992,047 ) ( 1,028,131 )
Total net assets (liabilities): 211,883 180,292

The notes form part of these financial statements

BIBURY AIRFIELD LIMITED

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 500 500
Profit and loss account: 211,383 179,792
Shareholders funds: 211,883 180,292

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 July 2024
And Signed On Behalf Of The Board By:

Name: Martin Chisholm
Status: Director

The notes form part of these financial statements

BIBURY AIRFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BIBURY AIRFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

    This company does not employ any staff

BIBURY AIRFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

BIBURY AIRFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible assets

Land & buildings Fixtures & fittings Total
Cost £ £ £
At 01 July 2023 1,212,884 34,153 1,247,037
Additions - - -
Disposals - ( 4,234 ) ( 4,234 )
Revaluations - - -
Transfers - - -
At 30 June 2024 1,212,884 29,919 1,242,803
Depreciation
At 01 July 2023 - 28,708 28,708
Charge for year - 1,717 1,717
On disposals - ( 3,941 ) ( 3,941 )
Other adjustments - - -
At 30 June 2024 - 26,484 26,484
Net book value
At 30 June 2024 1,212,884 3,435 1,216,319
At 30 June 2023 1,212,884 5,445 1,218,329

BIBURY AIRFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors


2024
£

2023
£
Trade debtors 7,841 790
Other debtors 6,399 5,967
Total 14,240 6,757

BIBURY AIRFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 8,654 7,442
Taxation and social security 19,044 10,282
Accruals and deferred income 34 2,676
Other creditors 118
Total 27,732 20,518

BIBURY AIRFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 454,029 522,568
Other creditors 538,018 505,563
Total 992,047 1,028,131