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REGISTERED NUMBER: 03548511 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

AEROTATION DESIGN SERVICES LIMITED

AEROTATION DESIGN SERVICES LIMITED (REGISTERED NUMBER: 03548511)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AEROTATION DESIGN SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: R I Pettit
Mrs A R Pettit





SECRETARY: Mrs A R Pettit





REGISTERED OFFICE: 5 Belgrave Avenue
Hunstanton
Norfolk
PE36 6DQ





REGISTERED NUMBER: 03548511 (England and Wales)





ACCOUNTANTS: Wheelers
Chartered Accountants & Tax Consultants
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

AEROTATION DESIGN SERVICES LIMITED (REGISTERED NUMBER: 03548511)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 7,643 9,093

CURRENT ASSETS
Stocks 2,132 2,198
Debtors 5 17,699 21,565
Cash at bank 9,436 15,788
29,267 39,551
CREDITORS
Amounts falling due within one year 6 34,446 33,425
NET CURRENT (LIABILITIES)/ASSETS (5,179 ) 6,126
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,464

15,219

PROVISIONS FOR LIABILITIES 700 800
NET ASSETS 1,764 14,419

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 1,744 14,399
SHAREHOLDERS' FUNDS 1,764 14,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AEROTATION DESIGN SERVICES LIMITED (REGISTERED NUMBER: 03548511)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by:





R I Pettit - Director


AEROTATION DESIGN SERVICES LIMITED (REGISTERED NUMBER: 03548511)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Aerotation Design Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At the balance sheet date the company had net current liabilities of £5,179 by virtue of its current liabilities exceeding its current assets. The directors are confident that the going concern basis for the preparation of the financial statements is appropriate, and have confirmed their continuing support for the company in writing.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

AEROTATION DESIGN SERVICES LIMITED (REGISTERED NUMBER: 03548511)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 10,024 6,017 5,795 7,044 28,880
Additions - - - 158 158
At 30 September 2024 10,024 6,017 5,795 7,202 29,038
DEPRECIATION
At 1 October 2023 3,738 4,952 5,030 6,067 19,787
Charge for year 1,002 161 114 331 1,608
At 30 September 2024 4,740 5,113 5,144 6,398 21,395
NET BOOK VALUE
At 30 September 2024 5,284 904 651 804 7,643
At 30 September 2023 6,286 1,065 765 977 9,093

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 17,699 21,565

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 3,070 2,061
Other creditors 31,376 31,364
34,446 33,425

AEROTATION DESIGN SERVICES LIMITED (REGISTERED NUMBER: 03548511)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
R I Pettit and Mrs A R Pettit
Balance outstanding at start of year 21,445 28,866
Amounts advanced 36,532 34,804
Amounts repaid (40,402 ) (42,225 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,575 21,445

During the period interest was charged on overdrawn directors' loan accounts at 2.25%. Total interest charged amounted to £502 (2023 - £694).