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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
Page
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FLY (FU LAI) AVIATION LTD. Company Information for the year ended 31 May 2024
Director
Zhaohuachen Wang
Company Number
09023140 (England and Wales)
Registered Office
UNIT 2 ROCHESTER CITY AIRPORT MAIDSTONE ROAD ROCHESTER KENT ME5 9SD
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FLY (FU LAI) AVIATION LTD. Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,410 
10,048 
Current assets
Debtors
96,488 
205,399 
Cash at bank and in hand
567 
57 
97,055 
205,456 
Creditors: amounts falling due within one year
(59,262)
(159,139)
Net current assets
37,793 
46,317 
Net assets
42,203 
56,365 
Capital and reserves
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
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FLY (FU LAI) AVIATION LTD. Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
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
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 
Additions
- 
- 
186 
186 
At 31 May 2024
49,500 
15,242 
186 
64,928 
Depreciation
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 
Net book value
At 31 May 2024
2,661 
1,625 
124 
4,410 
At 31 May 2023
7,611 
2,437 
- 
10,048 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
96,488 
205,399 
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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 
59,262 
159,139 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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