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REGISTERED NUMBER: 04697486 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

James Aero Limited

James Aero Limited (Registered number: 04697486)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


James Aero Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: M R James





SECRETARY: Mrs J A James





REGISTERED OFFICE: 6 High Street
Wheathampstead
Hertfordshire
AL4 8AA





REGISTERED NUMBER: 04697486 (England and Wales)





ACCOUNTANTS: Fenlon & Co
Chartered Certified Accountants
6 High Street
Wheathampstead
Hertfordshire
AL4 8AA

James Aero Limited (Registered number: 04697486)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,478 1,510

CURRENT ASSETS
Debtors 5 8,821 9,444
Cash at bank 4,701 18,611
13,522 28,055
CREDITORS
Amounts falling due within one year 6 2,715 2,997
NET CURRENT ASSETS 10,807 25,058
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,285

26,568

PROVISIONS FOR LIABILITIES 7 300 300
NET ASSETS 11,985 26,268

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,885 26,168
SHAREHOLDERS' FUNDS 11,985 26,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

James Aero Limited (Registered number: 04697486)

Balance Sheet - continued
31 March 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 director and authorised for issue on 22 May 2025 and were signed by:





M R James - Director


James Aero Limited (Registered number: 04697486)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

James Aero Limited is a private company limited by shares and incorporated in England & Wales. Its registered office is Rivermill House, 6 High Street, Wheathampstead, Herts, AL4 8AA.

The financial statements are presented in Sterling, which is the functional currency of the company

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS 102, Section 1A - the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tangible fixed assets & depreciation
Tangible fixed assets are initially recorded at cost.

Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, Fittings & Equipment25% on reducing balance method

Taxation
Taxation represents the sum of tax currently payable and deferred tax.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases in the computation of taxable profit.

The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

James Aero Limited (Registered number: 04697486)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Foreign currencies
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 April 2024 6,704
Additions 462
At 31 March 2025 7,166
DEPRECIATION
At 1 April 2024 5,194
Charge for year 494
At 31 March 2025 5,688
NET BOOK VALUE
At 31 March 2025 1,478
At 31 March 2024 1,510

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Directors' loan accounts 8,821 9,089
Prepayments and accrued income - 355
8,821 9,444

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Tax 410 1,017
Social security and other taxes 823 1,005
Accruals 1,482 975
2,715 2,997

James Aero Limited (Registered number: 04697486)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 300 300

Deferred
tax
£   
Balance at 1 April 2024 300
Balance at 31 March 2025 300

The provision of deferred taxation consists of the tax effect of timing differences in respect of excess of taxation allowances over depreciation on fixed assets.

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
M R James
Balance outstanding at start of year 9,089 -
Amounts advanced 8,821 9,089
Amounts repaid (9,089 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,821 9,089