2023-02-012024-01-312024-01-31false13114052AVIATIONSOURCE LTD2025-01-31falseiso4217:GBPxbrli:pure131140522023-02-01131140522024-01-31131140522023-02-012024-01-31131140522022-02-01131140522023-01-31131140522022-02-012023-01-3113114052bus:SmallEntities2023-02-012024-01-3113114052bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3113114052bus:FullAccounts2023-02-012024-01-3113114052bus:PrivateLimitedCompanyLtd2023-02-012024-01-3113114052core:WithinOneYear2024-01-3113114052core:AfterOneYear2024-01-3113114052core:WithinOneYear2023-01-3113114052core:AfterOneYear2023-01-3113114052core:ShareCapital2024-01-3113114052core:SharePremium2024-01-3113114052core:RevaluationReserve2024-01-3113114052core:OtherReservesSubtotal2024-01-3113114052core:RetainedEarningsAccumulatedLosses2024-01-3113114052core:ShareCapital2023-01-3113114052core:SharePremium2023-01-3113114052core:RevaluationReserve2023-01-3113114052core:OtherReservesSubtotal2023-01-3113114052core:RetainedEarningsAccumulatedLosses2023-01-3113114052core:LandBuildings2024-01-3113114052core:PlantMachinery2024-01-3113114052core:Vehicles2024-01-3113114052core:FurnitureFittings2024-01-3113114052core:OfficeEquipment2024-01-3113114052core:NetGoodwill2024-01-3113114052core:IntangibleAssetsOtherThanGoodwill2024-01-3113114052core:ListedExchangeTraded2024-01-3113114052core:UnlistedNon-exchangeTraded2024-01-3113114052core:LandBuildings2023-01-3113114052core:PlantMachinery2023-01-3113114052core:Vehicles2023-01-3113114052core:FurnitureFittings2023-01-3113114052core:OfficeEquipment2023-01-3113114052core:NetGoodwill2023-01-3113114052core:IntangibleAssetsOtherThanGoodwill2023-01-3113114052core:ListedExchangeTraded2023-01-3113114052core:UnlistedNon-exchangeTraded2023-01-3113114052core:LandBuildings2023-02-012024-01-3113114052core:PlantMachinery2023-02-012024-01-3113114052core:Vehicles2023-02-012024-01-3113114052core:FurnitureFittings2023-02-012024-01-3113114052core:OfficeEquipment2023-02-012024-01-3113114052core:NetGoodwill2023-02-012024-01-3113114052core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113114052core:ListedExchangeTraded2023-02-012024-01-3113114052core:UnlistedNon-exchangeTraded2023-02-012024-01-3113114052core:MoreThanFiveYears2023-02-012024-01-3113114052core:Non-currentFinancialInstruments2024-01-3113114052core:Non-currentFinancialInstruments2023-01-3113114052dpl:CostSales2023-02-012024-01-3113114052dpl:DistributionCosts2023-02-012024-01-3113114052core:LandBuildings2023-02-012024-01-3113114052core:PlantMachinery2023-02-012024-01-3113114052core:Vehicles2023-02-012024-01-3113114052core:FurnitureFittings2023-02-012024-01-3113114052core:OfficeEquipment2023-02-012024-01-3113114052dpl:AdministrativeExpenses2023-02-012024-01-3113114052core:NetGoodwill2023-02-012024-01-3113114052core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113114052dpl:GroupUndertakings2023-02-012024-01-3113114052dpl:ParticipatingInterests2023-02-012024-01-3113114052dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3113114052core:ListedExchangeTraded2023-02-012024-01-3113114052dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3113114052core:UnlistedNon-exchangeTraded2023-02-012024-01-3113114052dpl:CostSales2022-02-012023-01-3113114052dpl:DistributionCosts2022-02-012023-01-3113114052core:LandBuildings2022-02-012023-01-3113114052core:PlantMachinery2022-02-012023-01-3113114052core:Vehicles2022-02-012023-01-3113114052core:FurnitureFittings2022-02-012023-01-3113114052core:OfficeEquipment2022-02-012023-01-3113114052dpl:AdministrativeExpenses2022-02-012023-01-3113114052core:NetGoodwill2022-02-012023-01-3113114052core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3113114052dpl:GroupUndertakings2022-02-012023-01-3113114052dpl:ParticipatingInterests2022-02-012023-01-3113114052dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3113114052core:ListedExchangeTraded2022-02-012023-01-3113114052dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3113114052core:UnlistedNon-exchangeTraded2022-02-012023-01-3113114052core:NetGoodwill2024-01-3113114052core:IntangibleAssetsOtherThanGoodwill2024-01-3113114052core:LandBuildings2024-01-3113114052core:PlantMachinery2024-01-3113114052core:Vehicles2024-01-3113114052core:FurnitureFittings2024-01-3113114052core:OfficeEquipment2024-01-3113114052core:AfterOneYear2024-01-3113114052core:WithinOneYear2024-01-3113114052core:ListedExchangeTraded2024-01-3113114052core:UnlistedNon-exchangeTraded2024-01-3113114052core:ShareCapital2024-01-3113114052core:SharePremium2024-01-3113114052core:RevaluationReserve2024-01-3113114052core:OtherReservesSubtotal2024-01-3113114052core:RetainedEarningsAccumulatedLosses2024-01-3113114052core:NetGoodwill2023-01-3113114052core:IntangibleAssetsOtherThanGoodwill2023-01-3113114052core:LandBuildings2023-01-3113114052core:PlantMachinery2023-01-3113114052core:Vehicles2023-01-3113114052core:FurnitureFittings2023-01-3113114052core:OfficeEquipment2023-01-3113114052core:AfterOneYear2023-01-3113114052core:WithinOneYear2023-01-3113114052core:ListedExchangeTraded2023-01-3113114052core:UnlistedNon-exchangeTraded2023-01-3113114052core:ShareCapital2023-01-3113114052core:SharePremium2023-01-3113114052core:RevaluationReserve2023-01-3113114052core:OtherReservesSubtotal2023-01-3113114052core:RetainedEarningsAccumulatedLosses2023-01-3113114052core:NetGoodwill2022-02-0113114052core:IntangibleAssetsOtherThanGoodwill2022-02-0113114052core:LandBuildings2022-02-0113114052core:PlantMachinery2022-02-0113114052core:Vehicles2022-02-0113114052core:FurnitureFittings2022-02-0113114052core:OfficeEquipment2022-02-0113114052core:AfterOneYear2022-02-0113114052core:WithinOneYear2022-02-0113114052core:ListedExchangeTraded2022-02-0113114052core:UnlistedNon-exchangeTraded2022-02-0113114052core:ShareCapital2022-02-0113114052core:SharePremium2022-02-0113114052core:RevaluationReserve2022-02-0113114052core:OtherReservesSubtotal2022-02-0113114052core:RetainedEarningsAccumulatedLosses2022-02-0113114052core:AfterOneYear2023-02-012024-01-3113114052core:WithinOneYear2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:CostValuation2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113114052core:Non-currentFinancialInstrumentscore:CostValuation2024-01-3113114052core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-3113114052core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-3113114052core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-3113114052core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-3113114052core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-3113114052core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-3113114052core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-3113114052core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-3113114052core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3113114052core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3113114052core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3113114052core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3113114052core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3113114052core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3113114052core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3113114052core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3113114052core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3113114052bus:Director12023-02-012024-01-3113114052bus:Director22023-02-012024-01-3113114052bus:Director32023-02-012024-01-31

AVIATIONSOURCE LTD

Registered Number
13114052
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

AVIATIONSOURCE LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

FIELD, James Ian
HOWELLS, Tomos Ieuan
SAUNDERS, Thomas Martin Francis

Registered Address

Hill Top
Earlswood
Chepstow
NP16 6AN

Registered Number

13114052 (England and Wales)
AVIATIONSOURCE LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets36,002-
6,002-
Current assets
Debtors1,761-
Cash at bank and on hand11,54025,894
13,30125,894
Creditors amounts falling due within one year4(32,127)(40,212)
Net current assets (liabilities)(18,826)(14,318)
Total assets less current liabilities(12,824)(14,318)
Net assets(12,824)(14,318)
Capital and reserves
Called up share capital33
Profit and loss account(12,827)(14,321)
Shareholders' funds(12,824)(14,318)
The financial statements were approved and authorised for issue by the Board of Directors on 31 January 2025, and are signed on its behalf by:
HOWELLS, Tomos Ieuan
Director
Registered Company No. 13114052
AVIATIONSOURCE LTD
Notes to the Financial Statements
for the year ended 31 January 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.
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.
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 Equipment25
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
Additions8,0038,003
At 31 January 248,0038,003
Depreciation and impairment
Charge for year2,0012,001
At 31 January 242,0012,001
Net book value
At 31 January 246,0026,002
At 31 January 23--
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1,3312,000
Bank borrowings and overdrafts30,39634,601
Taxation and social security4003,611
Total32,12740,212
5.Creditors: amounts due after one year