AIRSPEED AVIATION LIMITED

Company Registration Number:
01618642 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

AIRSPEED AVIATION LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

AIRSPEED AVIATION LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 489,327 508,031
Investments:   0 0
Total fixed assets: 489,327 508,031
Current assets
Stocks: 131,395 113,724
Debtors:   29,550 63,866
Cash at bank and in hand: 438,993 311,550
Investments:   0 0
Total current assets: 599,938 489,140
Creditors: amounts falling due within one year:   (473,561) (419,296)
Net current assets (liabilities): 126,377 69,844
Total assets less current liabilities: 615,704 577,875
Creditors: amounts falling due after more than one year:   (108,333) (158,333)
Provision for liabilities: 0 0
Total net assets (liabilities): 507,371 419,542
Capital and reserves
Called up share capital: 400 400
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 506,971 419,142
Shareholders funds: 507,371 419,542

The notes form part of these financial statements

AIRSPEED AVIATION LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 February 2025
and signed on behalf of the board by:

Name: T M Jones
Status: Director

The notes form part of these financial statements

AIRSPEED AVIATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AIRSPEED AVIATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 16 16

AIRSPEED AVIATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 861,064
Additions 44,770
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2024 905,834
Depreciation
At 01 June 2023 353,033
Charge for year 63,474
On disposals 0
Other adjustments 0
At 31 May 2024 416,507
Net book value
At 31 May 2024 489,327
At 31 May 2023 508,031