1 August 2023 false No description of principal activity Taxfiler 2024.6 12939778business:PrivateLimitedCompanyLtd2023-08-012024-07-31 129397782023-07-31 129397782023-08-012024-07-31 12939778business:AuditExemptWithAccountantsReport2023-08-012024-07-31 12939778business:FilletedAccounts2023-08-012024-07-31 129397782024-07-31 12939778business:Director12023-08-012024-07-31 12939778business:Director22023-08-012024-07-31 12939778business:RegisteredOffice2023-08-012024-07-31 129397782023-07-31 12939778core:WithinOneYear2024-07-31 12939778core:WithinOneYear2023-07-31 12939778core:AfterOneYear2024-07-31 12939778core:AfterOneYear2023-07-31 12939778core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 12939778core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 12939778core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 12939778core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12939778core:PreviouslyStatedAmount2024-07-31 12939778core:PreviouslyStatedAmount2023-07-31 12939778business:SmallEntities2023-08-012024-07-31 12939778countries:EnglandWales2023-08-012024-07-31 12939778core:PlantMachinery2023-08-012024-07-31 12939778core:PlantMachinery2023-07-31 12939778core:PlantMachinery2024-07-31 129397782022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12939778 (England and Wales)
Ingot Aviation Services Limited Unaudited accounts for the year ended 31 July 2024
Ingot Aviation Services Limited Unaudited accounts Contents
Page
- 2 -
Ingot Aviation Services Limited Company Information for the year ended 31 July 2024
Directors
A Maynard L Maynard
Company Number
12939778 (England and Wales)
Registered Office
76 Claydon Business Park Great Blakenham Ipswich IP6 0NL
Accountants
Aldertons Accountants Oak House 2 Woodward Close Ipswich Suffolk IP2 0EA
- 3 -
Ingot Aviation Services Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
622,502 
- 
Current assets
Debtors
2,926 
- 
Cash at bank and in hand
96,395 
503,016 
99,321 
503,016 
Creditors: amounts falling due within one year
(648,147)
(460,740)
Net current (liabilities)/assets
(548,826)
42,276 
Total assets less current liabilities
73,676 
42,276 
Creditors: amounts falling due after more than one year
(62,500)
- 
Net assets
11,176 
42,276 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,076 
42,176 
Shareholders' funds
11,176 
42,276 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by
A Maynard Director Company Registration No. 12939778
- 4 -
Ingot Aviation Services Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Ingot Aviation Services Limited is a private company, limited by shares, registered in England and Wales, registration number 12939778. The registered office is 76 Claydon Business Park, Great Blakenham, Ipswich, IP6 0NL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20 years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
- 
Additions
641,206 
At 31 July 2024
641,206 
Depreciation
Charge for the year
18,704 
At 31 July 2024
18,704 
Net book value
At 31 July 2024
622,502 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,926 
- 
- 5 -
Ingot Aviation Services Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
150,000 
- 
Taxes and social security
(8,600)
15,932 
Other creditors
506,747 
444,808 
648,147 
460,740 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
62,500 
- 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -