2023-06-012024-05-312024-05-31false03990796AIRBORNE ADVENTURES HEADCORN LTD2025-01-16falseiso4217:GBPxbrli:pure039907962023-06-01039907962024-05-31039907962023-06-012024-05-31039907962022-06-01039907962023-05-31039907962022-06-012023-05-3103990796bus:SmallEntities2023-06-012024-05-3103990796bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3103990796bus:FullAccounts2023-06-012024-05-3103990796bus:PrivateLimitedCompanyLtd2023-06-012024-05-3103990796core:WithinOneYear2024-05-3103990796core:AfterOneYear2024-05-3103990796core:WithinOneYear2023-05-3103990796core:AfterOneYear2023-05-3103990796core:ShareCapital2024-05-3103990796core:SharePremium2024-05-3103990796core:RevaluationReserve2024-05-3103990796core:OtherReservesSubtotal2024-05-3103990796core:RetainedEarningsAccumulatedLosses2024-05-3103990796core:ShareCapital2023-05-3103990796core:SharePremium2023-05-3103990796core:RevaluationReserve2023-05-3103990796core:OtherReservesSubtotal2023-05-3103990796core:RetainedEarningsAccumulatedLosses2023-05-3103990796core:LandBuildings2024-05-3103990796core:PlantMachinery2024-05-3103990796core:Vehicles2024-05-3103990796core:FurnitureFittings2024-05-3103990796core:OfficeEquipment2024-05-3103990796core:NetGoodwill2024-05-3103990796core:IntangibleAssetsOtherThanGoodwill2024-05-3103990796core:ListedExchangeTraded2024-05-3103990796core:UnlistedNon-exchangeTraded2024-05-3103990796core:LandBuildings2023-05-3103990796core:PlantMachinery2023-05-3103990796core:Vehicles2023-05-3103990796core:FurnitureFittings2023-05-3103990796core:OfficeEquipment2023-05-3103990796core:NetGoodwill2023-05-3103990796core:IntangibleAssetsOtherThanGoodwill2023-05-3103990796core:ListedExchangeTraded2023-05-3103990796core:UnlistedNon-exchangeTraded2023-05-3103990796core:LandBuildings2023-06-012024-05-3103990796core:PlantMachinery2023-06-012024-05-3103990796core:Vehicles2023-06-012024-05-3103990796core:FurnitureFittings2023-06-012024-05-3103990796core:OfficeEquipment2023-06-012024-05-3103990796core:NetGoodwill2023-06-012024-05-3103990796core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3103990796core:ListedExchangeTraded2023-06-012024-05-3103990796core:UnlistedNon-exchangeTraded2023-06-012024-05-3103990796core:MoreThanFiveYears2023-06-012024-05-3103990796core:Non-currentFinancialInstruments2024-05-3103990796core:Non-currentFinancialInstruments2023-05-3103990796dpl:CostSales2023-06-012024-05-3103990796dpl:DistributionCosts2023-06-012024-05-3103990796core:LandBuildings2023-06-012024-05-3103990796core:PlantMachinery2023-06-012024-05-3103990796core:Vehicles2023-06-012024-05-3103990796core:FurnitureFittings2023-06-012024-05-3103990796core:OfficeEquipment2023-06-012024-05-3103990796dpl:AdministrativeExpenses2023-06-012024-05-3103990796core:NetGoodwill2023-06-012024-05-3103990796core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3103990796dpl:GroupUndertakings2023-06-012024-05-3103990796dpl:ParticipatingInterests2023-06-012024-05-3103990796dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3103990796core:ListedExchangeTraded2023-06-012024-05-3103990796dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3103990796core:UnlistedNon-exchangeTraded2023-06-012024-05-3103990796dpl:CostSales2022-06-012023-05-3103990796dpl:DistributionCosts2022-06-012023-05-3103990796core:LandBuildings2022-06-012023-05-3103990796core:PlantMachinery2022-06-012023-05-3103990796core:Vehicles2022-06-012023-05-3103990796core:FurnitureFittings2022-06-012023-05-3103990796core:OfficeEquipment2022-06-012023-05-3103990796dpl:AdministrativeExpenses2022-06-012023-05-3103990796core:NetGoodwill2022-06-012023-05-3103990796core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3103990796dpl:GroupUndertakings2022-06-012023-05-3103990796dpl:ParticipatingInterests2022-06-012023-05-3103990796dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3103990796core:ListedExchangeTraded2022-06-012023-05-3103990796dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3103990796core:UnlistedNon-exchangeTraded2022-06-012023-05-3103990796core:NetGoodwill2024-05-3103990796core:IntangibleAssetsOtherThanGoodwill2024-05-3103990796core:LandBuildings2024-05-3103990796core:PlantMachinery2024-05-3103990796core:Vehicles2024-05-3103990796core:FurnitureFittings2024-05-3103990796core:OfficeEquipment2024-05-3103990796core:AfterOneYear2024-05-3103990796core:WithinOneYear2024-05-3103990796core:ListedExchangeTraded2024-05-3103990796core:UnlistedNon-exchangeTraded2024-05-3103990796core:ShareCapital2024-05-3103990796core:SharePremium2024-05-3103990796core:RevaluationReserve2024-05-3103990796core:OtherReservesSubtotal2024-05-3103990796core:RetainedEarningsAccumulatedLosses2024-05-3103990796core:NetGoodwill2023-05-3103990796core:IntangibleAssetsOtherThanGoodwill2023-05-3103990796core:LandBuildings2023-05-3103990796core:PlantMachinery2023-05-3103990796core:Vehicles2023-05-3103990796core:FurnitureFittings2023-05-3103990796core:OfficeEquipment2023-05-3103990796core:AfterOneYear2023-05-3103990796core:WithinOneYear2023-05-3103990796core:ListedExchangeTraded2023-05-3103990796core:UnlistedNon-exchangeTraded2023-05-3103990796core:ShareCapital2023-05-3103990796core:SharePremium2023-05-3103990796core:RevaluationReserve2023-05-3103990796core:OtherReservesSubtotal2023-05-3103990796core:RetainedEarningsAccumulatedLosses2023-05-3103990796core:NetGoodwill2022-06-0103990796core:IntangibleAssetsOtherThanGoodwill2022-06-0103990796core:LandBuildings2022-06-0103990796core:PlantMachinery2022-06-0103990796core:Vehicles2022-06-0103990796core:FurnitureFittings2022-06-0103990796core:OfficeEquipment2022-06-0103990796core:AfterOneYear2022-06-0103990796core:WithinOneYear2022-06-0103990796core:ListedExchangeTraded2022-06-0103990796core:UnlistedNon-exchangeTraded2022-06-0103990796core:ShareCapital2022-06-0103990796core:SharePremium2022-06-0103990796core:RevaluationReserve2022-06-0103990796core:OtherReservesSubtotal2022-06-0103990796core:RetainedEarningsAccumulatedLosses2022-06-0103990796core:AfterOneYear2023-06-012024-05-3103990796core:WithinOneYear2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3103990796core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3103990796core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3103990796core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3103990796core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3103990796core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3103990796core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3103990796core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3103990796core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3103990796core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3103990796core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3103990796core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3103990796core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3103990796core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3103990796core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3103990796core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3103990796core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3103990796core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3103990796core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3103990796bus:Director12023-06-012024-05-31

AIRBORNE ADVENTURES HEADCORN LTD

Registered Number
03990796
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

AIRBORNE ADVENTURES HEADCORN LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

A.E. VIALL

Company Secretary

A.E. VIALL

Registered Address

Headcorn Aerodrome
Headcorn
Ashford
TN27 9HX

Registered Number

03990796 (England and Wales)
AIRBORNE ADVENTURES HEADCORN LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3491613
491613
Current assets
Debtors-70
Cash at bank and on hand8693,587
8693,657
Creditors amounts falling due within one year4(3,895)(7,634)
Net current assets (liabilities)(3,026)(3,977)
Total assets less current liabilities(2,535)(3,364)
Creditors amounts falling due after one year5(1,369)-
Provisions for liabilities6(83)(104)
Net assets(3,987)(3,468)
Capital and reserves
Called up share capital100100
Profit and loss account(4,087)(3,568)
Shareholders' funds(3,987)(3,468)
The financial statements were approved and authorised for issue by the Director on 16 January 2025, and are signed on its behalf by:
A.E. VIALL
Director
Registered Company No. 03990796
AIRBORNE ADVENTURES HEADCORN LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Office Equipment20
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 June 233,3283,328
At 31 May 243,3283,328
Depreciation and impairment
At 01 June 232,7152,715
Charge for year122122
At 31 May 242,8372,837
Net book value
At 31 May 24491491
At 31 May 23613613
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables91-
Bank borrowings and overdrafts8693,087
Taxation and social security1,4741,222
Other creditors221,885
Accrued liabilities and deferred income1,4391,440
Total3,8957,634
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts1,369-
Total1,369-
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)83104
Total83104