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REGISTERED NUMBER: 10641335 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Aircury Ltd

Aircury Ltd (Registered number: 10641335)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aircury Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTORS: J Diaz
D Abadias Granado





REGISTERED OFFICE: Lytchett House 13 Freeland Park
Wareham Road
Poole
Dorset
BH16 6FA





REGISTERED NUMBER: 10641335 (England and Wales)





ACCOUNTANTS: We`ll Mind Your Own Business LTD
39 Long Acre
London
WC2E 9LG

Aircury Ltd (Registered number: 10641335)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,737 2,160
Investments 5 414,640 309,968
417,377 312,128

CURRENT ASSETS
Debtors 6 1,537,918 1,181,902
Cash in hand 62,956 246,783
1,600,874 1,428,685
CREDITORS
Amounts falling due within one year 7 708,396 659,863
NET CURRENT ASSETS 892,478 768,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,309,855

1,080,950

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,308,855 1,079,950
1,309,855 1,080,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Aircury Ltd (Registered number: 10641335)

Balance Sheet - continued
28 February 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by:





J Diaz - Director


Aircury Ltd (Registered number: 10641335)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Aircury Ltd 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Revenue represents amounts receivable for domestic software development, information technology integration consultancy activities, data processing, hosting, and related project activities net of VAT and trade discounts during the period.
Income for licenses is recognised on the invoice date and is not refundable to customers. Revenue in respect of projects in progress is recognised on the invoice date in the Income Statement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment etc - 20% on cost
Computer equipment etc - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.


Aircury Ltd (Registered number: 10641335)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2024 - 4 ) .

Aircury Ltd (Registered number: 10641335)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Office Computer
Equipment equipment Totals
£    £    £   
COST
At 1 March 2024 3,366 10,162 13,528
Additions - 2,269 2,269
At 28 February 2025 3,366 12,431 15,797
DEPRECIATION
At 1 March 2024 2,839 8,529 11,368
Charge for year 508 1,184 1,692
At 28 February 2025 3,347 9,713 13,060
NET BOOK VALUE
At 28 February 2025 19 2,718 2,737
At 29 February 2024 527 1,633 2,160

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 March 2024 309,968
Additions 104,672
At 28 February 2025 414,640
NET BOOK VALUE
At 28 February 2025 414,640
At 29 February 2024 309,968

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 331,761 263,488
Other debtors 873,401 915,812
Prepayments and accrued income 332,756 2,602
1,537,918 1,181,902

Aircury Ltd (Registered number: 10641335)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 224,005 808
Tax 188,709 364,663
VAT 44,509 199,521
Directors' loan accounts 949 637
Accruals and deferred income 250,224 92,484
Accrued expenses - 1,750
708,396 659,863

8. RELATED PARTY TRANSACTIONS

During the year, the company made sales of £204,026 (2024: £217,458) to Carousel Learning Limited and £238,970 (2024: £185,231) to Smartgrade Limited. Both entities are related parties by virtue of common directorship.
There were no outstanding balances with these related parties at the balance sheet date.

9. ULTIMATE CONTROLLING PARTY

Throughout the period, the company was under the control of J. Diaz by virtue of his 100% shareholding.