IRIS Accounts Production v24.1.4.33 04573308 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045733082022-12-31045733082023-12-31045733082023-01-012023-12-31045733082021-12-31045733082022-01-012022-12-31045733082022-12-3104573308ns15:EnglandWales2023-01-012023-12-3104573308ns14:PoundSterling2023-01-012023-12-3104573308ns10:Director12023-01-012023-12-3104573308ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104573308ns10:SmallEntities2023-01-012023-12-3104573308ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104573308ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104573308ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104573308ns10:FullAccounts2023-01-012023-12-3104573308ns10:Director22023-01-012023-12-3104573308ns10:RegisteredOffice2023-01-012023-12-3104573308ns5:CurrentFinancialInstruments2023-12-3104573308ns5:CurrentFinancialInstruments2022-12-3104573308ns5:Non-currentFinancialInstruments2023-12-3104573308ns5:Non-currentFinancialInstruments2022-12-3104573308ns5:ShareCapital2023-12-3104573308ns5:ShareCapital2022-12-3104573308ns5:CapitalRedemptionReserve2023-12-3104573308ns5:CapitalRedemptionReserve2022-12-3104573308ns5:RetainedEarningsAccumulatedLosses2023-12-3104573308ns5:RetainedEarningsAccumulatedLosses2022-12-3104573308ns5:PlantMachinery2022-12-3104573308ns5:PlantMachinery2023-12-3104573308ns5:PlantMachinery2022-12-3104573308ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104573308ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31045733081ns10:Director12022-12-31045733081ns10:Director12021-12-31045733081ns10:Director12023-01-012023-12-31045733081ns10:Director12022-01-012022-12-31045733081ns10:Director12023-12-31045733081ns10:Director12022-12-3104573308ns10:Director222022-12-3104573308ns10:Director222021-12-3104573308ns10:Director222023-01-012023-12-3104573308ns10:Director222022-01-012022-12-3104573308ns10:Director222023-12-3104573308ns10:Director222022-12-31
REGISTERED NUMBER: 04573308 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

AIRCOMM MAINTENANCE LIMITED

AIRCOMM MAINTENANCE LIMITED (REGISTERED NUMBER: 04573308)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


AIRCOMM MAINTENANCE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M J Karcha
Mrs R J Karcha





REGISTERED OFFICE: 1 Kings Avenue
London
N21 3NA





REGISTERED NUMBER: 04573308 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA

AIRCOMM MAINTENANCE LIMITED (REGISTERED NUMBER: 04573308)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 156,654 125,004
Cash at bank 217,393 39,641
374,047 164,645
CREDITORS
Amounts falling due within one year 6 161,477 94,286
NET CURRENT ASSETS 212,570 70,359
TOTAL ASSETS LESS CURRENT
LIABILITIES

212,570

70,359

CREDITORS
Amounts falling due after more than one
year

7

13,862

23,033
NET ASSETS 198,708 47,326

CAPITAL AND RESERVES
Called up share capital 2 2
Capital redemption reserve 2 2
Retained earnings 198,704 47,322
SHAREHOLDERS' FUNDS 198,708 47,326

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 directors acknowledge their 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.

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 J Karcha - Director


AIRCOMM MAINTENANCE LIMITED (REGISTERED NUMBER: 04573308)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Aircomm Maintenance 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods. There are no significant judgements or estimates involved in the preparation of the financial statements.

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

Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and accumulated impairment losses. Such cost included costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets less their estimated residual value over their expected useful lives, on the following basis:

Plant and machinery 33% on cost

The carrying values of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Financial instruments
Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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 statement of financial position date.


AIRCOMM MAINTENANCE LIMITED (REGISTERED NUMBER: 04573308)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1 January 2023
and 31 December 2023 629
DEPRECIATION
At 1 January 2023
and 31 December 2023 629
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 35,021 38,019
Amounts owed by group undertakings 41,985 35,847
Other debtors 79,648 51,138
156,654 125,004

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,956 8,519
Trade creditors 54,578 28,729
Amounts owed to group undertakings 28,942 40,942
Taxation and social security 65,900 14,096
Other creditors 3,101 2,000
161,477 94,286

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 13,862 23,033

AIRCOMM MAINTENANCE LIMITED (REGISTERED NUMBER: 04573308)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
M J Karcha
Balance outstanding at start of year 46,685 41,866
Amounts advanced 79,648 46,685
Amounts repaid (46,685 ) (41,866 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 79,648 46,685

Mrs R J Karcha
Balance outstanding at start of year 4,452 24,281
Amounts advanced - 4,452
Amounts repaid (4,452 ) (24,281 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 4,452

Interest on the above overdrawn director's loan amount is £ 1,456 (2022:£ 2,138)

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.