IRIS Accounts Production v24.1.9.2 04501900 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045019002022-12-31045019002023-12-31045019002023-01-012023-12-31045019002021-12-31045019002022-01-012022-12-31045019002022-12-3104501900ns15:EnglandWales2023-01-012023-12-3104501900ns14:PoundSterling2023-01-012023-12-3104501900ns10:Director12023-01-012023-12-3104501900ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104501900ns10:SmallEntities2023-01-012023-12-3104501900ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104501900ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104501900ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104501900ns10:FullAccounts2023-01-012023-12-3104501900ns10:OrdinaryShareClass12023-01-012023-12-3104501900ns10:CompanySecretary12023-01-012023-12-3104501900ns10:RegisteredOffice2023-01-012023-12-3104501900ns5:CurrentFinancialInstruments2023-12-3104501900ns5:CurrentFinancialInstruments2022-12-3104501900ns5:ShareCapital2023-12-3104501900ns5:ShareCapital2022-12-3104501900ns5:RetainedEarningsAccumulatedLosses2023-12-3104501900ns5:RetainedEarningsAccumulatedLosses2022-12-3104501900ns5:PlantMachinery2023-01-012023-12-3104501900ns5:PlantMachinery2022-12-3104501900ns5:PlantMachinery2023-12-3104501900ns5:PlantMachinery2022-12-3104501900ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 04501900 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Flying Machinery Limited

Flying Machinery Limited (Registered number: 04501900)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Flying Machinery Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M J Dillon





SECRETARY: C Dillon





REGISTERED OFFICE: Beaufield Petworth Road
Witley
Godalming
Surrey
GU8 5LZ





REGISTERED NUMBER: 04501900 (England and Wales)





ACCOUNTANTS: Gilroy & Brookes Accountants Limited
Suite 15
The Enterprise Centre
Coxbridge Business Park
Farnham
Surrey
GU10 5EH

Flying Machinery Limited (Registered number: 04501900)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Investments 5 316,778 322,801
Cash at bank 172,707 155,090
489,485 477,891
CREDITORS
Amounts falling due within one year 6 (1,488 ) (6,530 )
NET CURRENT ASSETS 487,997 471,361
TOTAL ASSETS LESS CURRENT
LIABILITIES

487,997

471,361

PROVISIONS FOR LIABILITIES (8,010 ) (4,608 )
NET ASSETS 479,987 466,753

CAPITAL AND RESERVES
Called up share capital 7 450,000 450,000
Retained earnings 29,987 16,753
SHAREHOLDERS' FUNDS 479,987 466,753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Flying Machinery Limited (Registered number: 04501900)

Balance Sheet - continued
31 December 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 23 July 2024 and were signed by:





M J Dillon - Director


Flying Machinery Limited (Registered number: 04501900)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Flying Machinery Limited 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.

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 - 25% 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 not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date which are immaterial.

3. EMPLOYEES AND DIRECTORS

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

Flying Machinery Limited (Registered number: 04501900)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2023 3,691
Disposals (3,691 )
At 31 December 2023 -
DEPRECIATION
At 1 January 2023 3,691
Eliminated on disposal (3,691 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Investment 316,778 322,801

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 1,000 6,087
Accrued expenses 488 443
1,488 6,530

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
450,000 Ordinary £1 450,000 450,000

8. ULTIMATE CONTROLLING PARTY

The company is under control of M J Dillon who owns 100% of the issued share capital and is also a director of the company.