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REGISTERED NUMBER: 00623623 (England and Wales)












The Aviator Hotel Limited

Financial Statements

for the Year Ended 31 March 2024






The Aviator Hotel Limited (Registered number: 00623623)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Aviator Hotel Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M H Bletsoe-Brown
Sywell Aerodrome,Limited
Miss A E Bletsoe-Brown
Mrs J Jones



SECRETARY: Mrs J Jones



REGISTERED OFFICE: Hall Farm
Sywell Aerodrome
Sywell
Northampton
Northamptonshire
NN6 0BN



REGISTERED NUMBER: 00623623 (England and Wales)



AUDITORS: Kilby Fox
Statutory Auditor
4 Pavilion Court
600 Pavilion Drive
Northampton Business Park
Northampton
Northamptonshire
NN4 7SL



BANKERS: Santander Corporate Banking
Santander House
AHMG83
201 Grafton Gate East
Milton Keynes
MK9 1AN

The Aviator Hotel Limited (Registered number: 00623623)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 89,263 68,331

CURRENT ASSETS
Stocks 18,972 21,214
Debtors 5 1,275,241 802,188
Cash at bank and in hand 72,656 337,230
1,366,869 1,160,632
CREDITORS
Amounts falling due within one year 6 243,035 189,305
NET CURRENT ASSETS 1,123,834 971,327
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,213,097

1,039,658

PROVISIONS FOR LIABILITIES 21,964 16,662
NET ASSETS 1,191,133 1,022,996

CAPITAL AND RESERVES
Called up share capital 3,500 3,500
Retained earnings 1,187,633 1,019,496
SHAREHOLDERS' FUNDS 1,191,133 1,022,996

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 Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:




M H Bletsoe-Brown - Director



Mrs J Jones - Director


The Aviator Hotel Limited (Registered number: 00623623)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Aviator Hotel 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 25% on reducing balance
Plant & machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2023 - 43 ) .

The Aviator Hotel Limited (Registered number: 00623623)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant &
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 13,500 339,642 353,142
Additions - 43,696 43,696
Disposals - (5,699 ) (5,699 )
At 31 March 2024 13,500 377,639 391,139
DEPRECIATION
At 1 April 2023 13,331 271,480 284,811
Charge for year 42 22,419 22,461
Eliminated on disposal - (5,396 ) (5,396 )
At 31 March 2024 13,373 288,503 301,876
NET BOOK VALUE
At 31 March 2024 127 89,136 89,263
At 31 March 2023 169 68,162 68,331

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,519 9,966
Amounts owed by group undertakings 1,170,843 759,530
Prepayments and accrued income 94,879 32,692
1,275,241 802,188

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 61,850 66,952
Corporation taxation 50,735 17,298
Social security and other taxes 12,139 10,255
Wages control account 12,782 -
VAT 43,004 41,191
Other creditors 33,106 10,071
Accruals and deferred income 18,171 33,974
Deposits 11,248 9,564
243,035 189,305

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Frances Tebbutt ACA FCCA FMAAT (Senior Statutory Auditor)
for and on behalf of Kilby Fox

The Aviator Hotel Limited (Registered number: 00623623)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. RELATED PARTY DISCLOSURES

The company is claiming the exemption under paragraph 33.1A of FRS102 from disclosing transactions with other wholly owned subsidiaries.

9. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Sywell Aerodrome Limited, a company registered in the United Kingdom.