Company Registration No. 12703100 (England and Wales)
Aero Transports Ltd
Unaudited accounts
for the year ended 30 June 2024
Aero Transports Ltd
Unaudited accounts
Contents
Aero Transports Ltd
Company Information
for the year ended 30 June 2024
Company Number
12703100 (England and Wales)
Registered Office
15
The Broadway
Newbury
Berkshire
RG14 1AS
Aero Transports Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
55,485
59,271
Cash at bank and in hand
354
2
Creditors: amounts falling due within one year
(55,657)
(72,084)
Net current liabilities
(55,303)
(61,670)
Net assets/(liabilities)
182
(2,399)
Called up share capital
1
1
Profit and loss account
181
(2,400)
Shareholders' funds
182
(2,399)
For the year ending 30 June 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 his 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 5 March 2025 and were signed on its behalf by
Imtiaz Khan Zico
Director
Company Registration No. 12703100
Aero Transports Ltd
Notes to the Accounts
for the year ended 30 June 2024
Aero Transports Ltd is a private company, limited by shares, registered in England and Wales, registration number 12703100. The registered office is 15, The Broadway, Newbury, Berkshire, RG14 1AS.
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.
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
1,260
64,562
972
66,794
At 30 June 2024
1,260
64,562
972
66,794
At 1 July 2023
945
5,849
729
7,523
Charge for the year
315
3,228
243
3,786
At 30 June 2024
1,260
9,077
972
11,309
At 30 June 2024
-
55,485
-
55,485
At 30 June 2023
315
58,713
243
59,271
Aero Transports Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
27,638
-
Taxes and social security
3,715
2,794
Other creditors
15,804
53,090
Loans from directors
8,500
16,200
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).