Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-312023-02-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12950798 2023-02-01 2024-07-31 12950798 2022-02-01 2023-01-31 12950798 2024-07-31 12950798 2023-01-31 12950798 c:Director1 2023-02-01 2024-07-31 12950798 d:PlantMachinery 2023-02-01 2024-07-31 12950798 d:PlantMachinery 2024-07-31 12950798 d:PlantMachinery 2023-01-31 12950798 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-02-01 2024-07-31 12950798 d:MotorVehicles 2023-02-01 2024-07-31 12950798 d:MotorVehicles 2024-07-31 12950798 d:MotorVehicles 2023-01-31 12950798 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-07-31 12950798 d:OfficeEquipment 2023-02-01 2024-07-31 12950798 d:OfficeEquipment 2024-07-31 12950798 d:OfficeEquipment 2023-01-31 12950798 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-07-31 12950798 d:OwnedOrFreeholdAssets 2023-02-01 2024-07-31 12950798 d:PatentsTrademarksLicencesConcessionsSimilar 2024-07-31 12950798 d:PatentsTrademarksLicencesConcessionsSimilar 2023-01-31 12950798 d:CurrentFinancialInstruments 2024-07-31 12950798 d:CurrentFinancialInstruments 2023-01-31 12950798 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 12950798 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 12950798 d:ShareCapital 2024-07-31 12950798 d:ShareCapital 2023-01-31 12950798 d:SharePremium 2024-07-31 12950798 d:SharePremium 2023-01-31 12950798 d:RetainedEarningsAccumulatedLosses 2024-07-31 12950798 d:RetainedEarningsAccumulatedLosses 2023-01-31 12950798 c:OrdinaryShareClass1 2023-02-01 2024-07-31 12950798 c:OrdinaryShareClass1 2024-07-31 12950798 c:OrdinaryShareClass1 2023-01-31 12950798 c:FRS102 2023-02-01 2024-07-31 12950798 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-07-31 12950798 c:FullAccounts 2023-02-01 2024-07-31 12950798 c:PrivateLimitedCompanyLtd 2023-02-01 2024-07-31 12950798 2 2023-02-01 2024-07-31 12950798 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-02-01 2024-07-31 12950798 e:PoundSterling 2023-02-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 12950798






ELSTREE AERODROME HELICOPTER CLUB LIMITED

UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 JULY 2024

 
ELSTREE AERODROME HELICOPTER CLUB LIMITED
REGISTERED NUMBER: 12950798

BALANCE SHEET
AS AT 31 JULY 2024

31 July
31 January
2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
111
228

Tangible assets
 5 
5,699
192,462

  
5,810
192,690

Current assets
  

Debtors: amounts falling due within one year
 6 
85,417
12,813

Cash at bank and in hand
 7 
1,060
29,841

  
86,477
42,654

Creditors: amounts falling due within one year
 8 
(2,892)
(39,483)

Net current assets
  
 
 
83,585
 
 
3,171

Total assets less current liabilities
  
89,395
195,861

  

Net assets
  
89,395
195,861


Capital and reserves
  

Called up share capital 
 9 
1,428
1,428

Share premium account
  
299,572
299,572

Profit and loss account
  
(211,605)
(105,139)

  
89,395
195,861


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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.
Page 1

 
ELSTREE AERODROME HELICOPTER CLUB LIMITED
REGISTERED NUMBER: 12950798
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024


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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 April 2025.




S Powell
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ELSTREE AERODROME HELICOPTER CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

1.


General information

Elstree Aerodrome Helicopter Club Limited is a private company limited by shares and incorporated in England & Wales. Its registered office is Calder & Co, 30 Orange Street, London, WC2H 7HF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3

 
ELSTREE AERODROME HELICOPTER CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Helicopter
-
20%
Office equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 1 (2023 - 1).

Page 4

 
ELSTREE AERODROME HELICOPTER CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

4.


Intangible assets






Intangible assets

£



Cost


At 1 February 2023
390



At 31 July 2024

390



Amortisation


At 1 February 2023
162


Charge for the period on owned assets
117



At 31 July 2024

279



Net book value



At 31 July 2024
111



At 31 January 2023
228



Page 5

 
ELSTREE AERODROME HELICOPTER CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

5.


Tangible fixed assets







Plant and machinery
Helicopter
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2023
7,876
299,005
1,139
308,020


Additions
762
-
-
762


Disposals
-
(299,005)
-
(299,005)



At 31 July 2024

8,638
-
1,139
9,777



Depreciation


At 1 February 2023
1,667
113,435
456
115,558


Charge for the period on owned assets
1,613
89,702
342
91,657


Disposals
-
(203,137)
-
(203,137)



At 31 July 2024

3,280
-
798
4,078



Net book value



At 31 July 2024
5,358
-
341
5,699



At 31 January 2023
6,209
185,570
683
192,462


6.


Debtors

31 July
31 January
2024
2023
£
£


Trade debtors
-
2,095

Other debtors
85,417
1,599

Prepayments
-
9,119

85,417
12,813


Page 6

 
ELSTREE AERODROME HELICOPTER CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

7.


Cash and cash equivalents

31 July
31 January
2024
2023
£
£

Cash at bank and in hand
1,060
29,841

1,060
29,841



8.


Creditors: Amounts falling due within one year

31 July
31 January
2024
2023
£
£

Trade creditors
600
849

Other taxation and social security
342
1,941

Other creditors
-
33,782

Accruals
1,950
2,911

2,892
39,483



9.


Share capital

31 July
31 January
2024
2023
£
£
Allotted, called up and fully paid



1,428 (2023 - 1,428) Ordinary shares of £1.00 each
1,428
1,428


 
Page 7