REGISTERED NUMBER: |
PARTLEASE LIMITED |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST AUGUST 2023 TO 31ST OCTOBER 2024 |
REGISTERED NUMBER: |
PARTLEASE LIMITED |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST AUGUST 2023 TO 31ST OCTOBER 2024 |
PARTLEASE LIMITED (REGISTERED NUMBER: 01573935) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST AUGUST 2023 TO 31ST OCTOBER 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
PARTLEASE LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1ST AUGUST 2023 TO 31ST OCTOBER 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
t/as Findlay Wetherfield Scott & Co. |
Chartered Accountants |
137, Station Road |
Chingford, |
London |
E4 6AG |
PARTLEASE LIMITED (REGISTERED NUMBER: 01573935) |
BALANCE SHEET |
31ST OCTOBER 2024 |
2024 | 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
PARTLEASE LIMITED (REGISTERED NUMBER: 01573935) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST AUGUST 2023 TO 31ST OCTOBER 2024 |
1. | STATUTORY INFORMATION |
Partlease Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
The company exists for the purposes of owning and operating an aeroplane. It is non-profit making and the turnover represents amounts disbursed by the participators. |
Tangible fixed assets |
Aeroplane | - |
No charge has been made as the aeroplane was fully depreciated at the end of the previous financial year. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Aeroplane |
£ |
COST |
At 1st August 2023 |
Disposals | ( |
) |
At 31st October 2024 |
DEPRECIATION |
At 1st August 2023 |
Eliminated on disposal | ( |
) |
At 31st October 2024 |
NET BOOK VALUE |
At 31st October 2024 |
At 31st July 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
PARTLEASE LIMITED (REGISTERED NUMBER: 01573935) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST AUGUST 2023 TO 31ST OCTOBER 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Corporation tax |
Loans | 19,712 | 19,711 |
Accrued expenses |
The loans are from participators, interest free and repayable on demand. |
7. | RELATED PARTY DISCLOSURES |
There is no controlling party. |