2023-01-01 12337207 2023-12-31 12337207 2023-01-01 2023-12-31 12337207 2022-12-31 12337207 2022-01-01 2022-12-31 12337207 uk-core:WithinOneYear 2022-12-31 12337207 uk-core:WithinOneYear 2023-12-31 12337207 uk-core:ShareCapital 2023-12-31 12337207 uk-core:ShareCapital 2022-12-31 12337207 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 12337207 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 12337207 uk-bus:Director1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 12337207 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12337207 uk-bus:FRS102 2023-01-01 2023-12-31 12337207 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 12337207 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Draft
The Midland Aeroplane Company Ltd
Registered Number:12337207
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 December 2023
The Midland Aeroplane Company Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
12337207
As at 31 December 2023
The Midland Aeroplane Company Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
5,155
2,429
5,155
2,429
Current assets
Inventories
14,451
6,848
2
Trade and other receivables
21,016
8,720
3
9,196
Cash and cash equivalents
22,275
37,843
44,663
Trade and other payables: amounts falling due within one
year
(34,604)
(33,145)
4
10,059
4,698
Net current assets
Total assets less current liabilities
9,853
12,488
(980)
(461)
Provisions for liabilities
8,873
Net assets
12,027
Capital and reserves
Called up share capital
100
100
Retained earnings
8,773
11,927
8,873
12,027
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Tomas Del Carpio Director
These financial statements were approved and authorised for issue by the Board on 23 July 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 December 2023
The Midland Aeroplane Company Ltd
Notes to the Financial Statements
Statutory Information
The Midland Aeroplane Company Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12337207.
Registered address:
Hangar 8 Oxford Airport
Kidlington
Oxfordshire
England
OX5 1RA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Inventories
2022
2023
£
£
Stocks
6,848
14,451
3. Trade and other receivables
2022
2023
£
£
Trade debtors
-
13,798
Other debtors
8,720
7,218
21,016
8,720
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
9,988
9,165
Taxation and social security
8,364
6,105
Other creditors
14,793
19,334
33,145
34,604
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5
Draft
For the year ended 31 December 2023
The Midland Aeroplane Company Ltd
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 0 (2022 : 6)
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