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REGISTERED NUMBER: 05094122 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Nottingham City Airport Limited

Nottingham City Airport Limited (Registered number: 05094122)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nottingham City Airport Limited

Company Information
for the year ended 30 June 2024







DIRECTORS: J B Wells
R T Hill
Ms L N Thompson
M W Truman
Mrs J D Robinson





SECRETARY: R T Hill





REGISTERED OFFICE: Granary House
2 Wells Road
Edwalton
Nottingham
Nottinghamshire
NG12 4DR





REGISTERED NUMBER: 05094122 (England and Wales)





ACCOUNTANTS: Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

Nottingham City Airport Limited (Registered number: 05094122)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,488,447 3,520,520

CURRENT ASSETS
Debtors 5 1,685,737 284,243
Cash at bank 32,351 1,050,601
1,718,088 1,334,844
CREDITORS
Amounts falling due within one year 6 286,972 266,701
NET CURRENT ASSETS 1,431,116 1,068,143
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,919,563

4,588,663

CREDITORS
Amounts falling due after more than
one year

7

9,413

9,298
NET ASSETS 4,910,150 4,579,365

CAPITAL AND RESERVES
Called up share capital 8 300,000 300,000
Retained earnings 4,610,150 4,279,365
SHAREHOLDERS' FUNDS 4,910,150 4,579,365

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 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 2 August 2024 and were signed on its behalf by:





J B Wells - Director


Nottingham City Airport Limited (Registered number: 05094122)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Nottingham City Airport 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 represents net rents receivable, excluding value added tax.

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 - not provided
Plant and machinery etc - 10% on cost

Depreciation has not been provided on freehold land and property as the directors consider that these assets are worth their balance sheet values.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Freehold
land and Hanger Monarch
property Building Factory Equipment Totals
£    £    £    £    £   
COST
At 1 July 2023
and 30 June 2024 170,000 661,937 2,571,476 320,727 3,724,140
DEPRECIATION
At 1 July 2023 - - - 203,620 203,620
Charge for year - - - 32,073 32,073
At 30 June 2024 - - - 235,693 235,693
NET BOOK VALUE
At 30 June 2024 170,000 661,937 2,571,476 85,034 3,488,447
At 30 June 2023 170,000 661,937 2,571,476 117,107 3,520,520

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 135,737 134,243
Other debtors 1,550,000 150,000
1,685,737 284,243

Nottingham City Airport Limited (Registered number: 05094122)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 21 21
Taxation and social security 135,576 116,259
Other creditors 151,375 150,421
286,972 266,701

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 9,413 9,298

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
300,000 Ordinary £1 300,000 300,000