Company Registration No. 09023140 (England and Wales)
FLY (FU LAI) AVIATION LTD.
Unaudited accounts
for the year ended 31 May 2024
FLY (FU LAI) AVIATION LTD.
Unaudited accounts
Contents
FLY (FU LAI) AVIATION LTD.
Company Information
for the year ended 31 May 2024
Company Number
09023140 (England and Wales)
Registered Office
UNIT 2 ROCHESTER CITY AIRPORT
MAIDSTONE ROAD
ROCHESTER
KENT
ME5 9SD
FLY (FU LAI) AVIATION LTD.
Statement of financial position
as at 31 May 2024
Tangible assets
4,410
10,048
Cash at bank and in hand
567
57
Creditors: amounts falling due within one year
(59,262)
(159,139)
Net current assets
37,793
46,317
Called up share capital
20,000
20,000
Share premium
290,000
290,000
Profit and loss account
(267,797)
(253,635)
Shareholders' funds
42,203
56,365
For the year ending 31 May 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 director acknowledges her 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 and authorised for issue on 19 February 2025 and were signed on its behalf by
Zhaohuachen Wang
Director
Company Registration No. 09023140
FLY (FU LAI) AVIATION LTD.
Notes to the Accounts
for the year ended 31 May 2024
FLY (FU LAI) AVIATION LTD. is a private company, limited by shares, registered in England and Wales, registration number 09023140. The registered office is UNIT 2 ROCHESTER CITY AIRPORT, MAIDSTONE ROAD, ROCHESTER, KENT, ME5 9SD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Over 10 years on a straight line basis
Fixtures & fittings
Over 25% on a reducing balance basis
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
49,500
15,242
-
64,742
At 31 May 2024
49,500
15,242
186
64,928
At 1 June 2023
41,889
12,805
-
54,694
Charge for the year
4,950
812
62
5,824
At 31 May 2024
46,839
13,617
62
60,518
At 31 May 2024
2,661
1,625
124
4,410
At 31 May 2023
7,611
2,437
-
10,048
Amounts falling due within one year
Trade debtors
96,488
205,399
FLY (FU LAI) AVIATION LTD.
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
59,069
100,313
Taxes and social security
(6,580)
(4,130)
Loans from directors
6,773
62,956
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Average number of employees
During the year the average number of employees was 2 (2023: 2).