Registered number
11221480
Aircrafft Designs Limited
Filleted Accounts
29 February 2024
Aircrafft Designs Limited
Registered number: 11221480
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Current assets
Stocks 700 -
Debtors 4 100 100
Cash at bank and in hand 234 214
1,034 314
Creditors: amounts falling due within one year 5 (4,601) (1,244)
Net current liabilities (3,567) (930)
Net liabilities (3,567) (930)
Capital and reserves
Called up share capital 100 100
Profit and loss account (3,667) (1,030)
Shareholders' funds (3,567) (930)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account and director's report have not been delivered to the Registrar of Companies.
M Waters
Director
Approved by the board on 19 July 2024
Aircrafft Designs Limited
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and is recognised in the period when the services are provided.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against the reversal of future taxable profits.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2023 977
At 29 February 2024 977
Depreciation
At 1 March 2023 977
At 29 February 2024 977
Net book value
At 29 February 2024 -
4 Debtors 2024 2023
£ £
Other debtors 100 100
5 Creditors: amounts falling due within one year 2024 2023
£ £
Director's loan account 3,401 -
Other creditors 1,200 1,244
4,601 1,244
6 Other information
Aircrafft Designs Limited is a private company limited by shares and incorporated in England. Its registered office is:
58 Vicarage Lane
Kings Langley
Hertfordshire
WD4 9HR
Aircrafft Designs Limited 11221480 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts April 2024 M Waters No description of principal activity 11221480 2022-03-01 2023-02-28 11221480 core:WithinOneYear 2023-02-28 11221480 core:ShareCapital 2023-02-28 11221480 core:RetainedEarningsAccumulatedLosses 2023-02-28 11221480 2023-03-01 2024-02-29 11221480 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11221480 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11221480 bus:Director40 2023-03-01 2024-02-29 11221480 1 2023-03-01 2024-02-29 11221480 2 2023-03-01 2024-02-29 11221480 countries:England 2023-03-01 2024-02-29 11221480 bus:FRS102 2023-03-01 2024-02-29 11221480 bus:FilletedAccounts 2023-03-01 2024-02-29 11221480 2024-02-29 11221480 core:WithinOneYear 2024-02-29 11221480 core:ShareCapital 2024-02-29 11221480 core:RetainedEarningsAccumulatedLosses 2024-02-29 11221480 core:PlantMachinery 2024-02-29 11221480 2023-02-28 11221480 core:PlantMachinery 2023-02-28 iso4217:GBP xbrli:pure