AEROKNITE LIMITED

Company Registration Number:
13219655 (England and Wales)

Unaudited abridged accounts for the year ended 27 February 2024

Period of accounts

Start date: 28 February 2023

End date: 27 February 2024

AEROKNITE LIMITED

Contents of the Financial Statements

for the Period Ended 27 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AEROKNITE LIMITED

Company Information

for the Period Ended 27 February 2024




Director: Yusuff Adeniyi Yusuff
Registered office: C/O Uhy Hacker Young
St James Building
79 Oxford Street
Manchester
GBR
M1 6HT
Company Registration Number: 13219655 (England and Wales)

AEROKNITE LIMITED

Directors' Report Period Ended 27 February 2024

The directors present their report with the financial statements of the company for the period ended 27 February 2024

Principal Activities

Production and development of advanced UAV technology

Directors

The directors shown below have held office during the whole of the period from 28 February 2023 to 27 February 2024
Yusuff Adeniyi Yusuff

This report was approved by the board of directors on 30 September 2024
And Signed On Behalf Of The Board By:

Name: Yusuff Adeniyi Yusuff
Status: Director

AEROKNITE LIMITED

Profit and Loss Account

for the Period Ended 27 February 2024


Notes

2024
£

2023
£
Gross turnover (not including turnover from inside OPW engagements) 37,464 4,217
Gross turnover from inside OPW engagements 2,003 1,000
Cost of sales ( 19,700 ) ( 5,079 )
Deductions from gross turnover from inside OPW engagements ( 0 ) ( 0 )
Gross Profit or (Loss) 19,767 138
Distribution Costs ( 10,307 ) ( 1,052 )
Administrative Expenses ( 3,490 ) ( 1,000 )
Operating Profit or (Loss) 5,970 ( 1,914 )
Profit or (Loss) Before Tax 5,970 ( 1,914 )
Profit or (Loss) for Period 5,970 ( 1,914 )

The notes form part of these financial statements

AEROKNITE LIMITED

Balance sheet

As at 27 February 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0
Tangible assets: 5 1,000 530
Total fixed assets: 1,000 530
Current assets
Stocks: 3,520 2,000
Debtors: 0 0
Cash at bank and in hand: 1,450 1,052
Total current assets: 4,970 3,052
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: ( 0 ) ( 403 )
Net current assets (liabilities): 4,970 2,649
Total assets less current liabilities: 5,970 3,179
Creditors: amounts falling due after more than one year: ( 0 ) ( 200 )
Provision for liabilities: ( 0 ) ( 4,000 )
Accruals and deferred income: ( 0 ) ( 893 )
Total net assets (liabilities): 5,970 ( 1,914 )

The notes form part of these financial statements

AEROKNITE LIMITED

Balance sheet continued

As at 27 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 5,969 ( 1,915 )
Shareholders funds: 5,970 ( 1,914 )

For the year ending 27 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 September 2024
And Signed On Behalf Of The Board By:

Name: Yusuff Adeniyi Yusuff
Status: Director

The notes form part of these financial statements

AEROKNITE LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AEROKNITE LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 4

AEROKNITE LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 3. Off balance sheet disclosure

    No

AEROKNITE LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 4. Intangible assets

    Total
    Cost £
    At 28 February 2023 -
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 27 February 2024 -
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 27 February 2024 -
    Net book value
    Net book value at 27 February 2024 -
    Net book value at 27 February 2023 -

    In process of filing

AEROKNITE LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

5. Tangible Assets

Total
Cost £
At 28 February 2023 530
Additions 470
Disposals -
Revaluations -
Transfers -
At 27 February 2024 1,000
Depreciation
At 28 February 2023 0
Charge for year -
On disposals -
Other adjustments -
At 27 February 2024 0
Net book value
At 27 February 2024 1,000
At 27 February 2023 530