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REGISTERED NUMBER: 05851202 (England and Wales)








Unaudited Financial Statements

for the Year Ended 30 June 2024

for

C-T Aviation Solutions Limited

C-T Aviation Solutions Limited (Registered number: 05851202)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C-T Aviation Solutions Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: C Cowle





SECRETARY: C Smith





REGISTERED OFFICE: Ground Floor
7 Faraday Office Park
Rankine Road
Basingstoke
Hampshire
RG24 8QB





REGISTERED NUMBER: 05851202 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

C-T Aviation Solutions Limited (Registered number: 05851202)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,753 16,283

CURRENT ASSETS
Stocks 99,763 145,000
Debtors 5 217,564 315,553
Cash at bank 504,134 240,596
821,461 701,149
CREDITORS
Amounts falling due within one year 6 389,759 314,579
NET CURRENT ASSETS 431,702 386,570
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,455

402,853

CREDITORS
Amounts falling due after more than one
year

7

(14,167

)

(24,167

)

PROVISIONS FOR LIABILITIES 9 (3,149 ) -
NET ASSETS 428,139 378,686

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 427,139 377,686
SHAREHOLDERS' FUNDS 428,139 378,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

C-T Aviation Solutions Limited (Registered number: 05851202)

Balance Sheet - continued
30 June 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2024 and were signed by:





C Cowle - Director


C-T Aviation Solutions Limited (Registered number: 05851202)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

C-T Aviation Solutions 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


C-T Aviation Solutions Limited (Registered number: 05851202)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 8,853 43,841 52,694
Additions - 3,849 3,849
At 30 June 2024 8,853 47,690 56,543
DEPRECIATION
At 1 July 2023 5,557 30,854 36,411
Charge for year 825 5,554 6,379
At 30 June 2024 6,382 36,408 42,790
NET BOOK VALUE
At 30 June 2024 2,471 11,282 13,753
At 30 June 2023 3,296 12,987 16,283

C-T Aviation Solutions Limited (Registered number: 05851202)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 74,156 120,361
Other debtors 143,408 195,192
217,564 315,553

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 112,885 114,456
Taxation and social security 115,407 83,186
Other creditors 151,467 106,937
389,759 314,579

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 14,167 24,167

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.24 30.6.23
£    £   
Within one year 37,798 18,330
Between one and five years 53,422 35,474
91,220 53,804

9. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 3,149 -

Deferred
tax
£   
Provided during year 3,149
Accelerated capital allowances
Balance at 30 June 2024 3,149

C-T Aviation Solutions Limited (Registered number: 05851202)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1,000 Ordinary £1 1,000 1,000