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REGISTERED NUMBER: 12527211 (England and Wales)












EAGLE AIR TRADING LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2025






EAGLE AIR TRADING LIMITED (REGISTERED NUMBER: 12527211)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EAGLE AIR TRADING LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTOR: A J Newell





REGISTERED OFFICE: The Old Mill, Kings Mill
Kings Mill Lane
South Nutfield
Surrey
RH1 5NB





REGISTERED NUMBER: 12527211 (England and Wales)





ACCOUNTANTS: The Bailey Partnership
Chartered Accountants
The Old Mill, Kings Mill
Kings Mill Lane
South Nutfield
Surrey
RH1 5NB

EAGLE AIR TRADING LIMITED (REGISTERED NUMBER: 12527211)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,823 8,354

CURRENT ASSETS
Stocks 5 11,919 37,934
Debtors 6 85,312 169,148
Cash at bank and in hand 101,707 29,507
198,938 236,589
CREDITORS
Amounts falling due within one year 7 51,325 75,232
NET CURRENT ASSETS 147,613 161,357
TOTAL ASSETS LESS CURRENT
LIABILITIES

154,436

169,711

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 154,336 169,611
SHAREHOLDERS' FUNDS 154,436 169,711

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.

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 director and authorised for issue on 27 May 2025 and were signed by:





A J Newell - Director


EAGLE AIR TRADING LIMITED (REGISTERED NUMBER: 12527211)

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

1. STATUTORY INFORMATION

Eagle Air Trading 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.

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.

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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Fixed assets do not require replacement of parts or the cost of major inspections to be recognised separately.

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.

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.

EAGLE AIR TRADING LIMITED (REGISTERED NUMBER: 12527211)

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

2. ACCOUNTING POLICIES - continued

Holiday pay
No liability is recognised in respect of holiday pay as employees are unable to carry forward holiday into future periods.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 4,606 11,701 2,689 18,996
Additions - - 744 744
At 31 March 2025 4,606 11,701 3,433 19,740
DEPRECIATION
At 1 April 2024 1,295 7,998 1,349 10,642
Charge for year 828 926 521 2,275
At 31 March 2025 2,123 8,924 1,870 12,917
NET BOOK VALUE
At 31 March 2025 2,483 2,777 1,563 6,823
At 31 March 2024 3,311 3,703 1,340 8,354

5. STOCKS
2025 2024
£    £   
Stocks 11,919 37,934

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 43,255 105,400
Directors' loan accounts 35,563 63,598
VAT 6,344 -
Prepayments and accrued income 150 150
85,312 169,148

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 19,224 24,202
Tax 29,001 42,791
VAT - 5,189
Accrued expenses 3,100 3,050
51,325 75,232

EAGLE AIR TRADING LIMITED (REGISTERED NUMBER: 12527211)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2024 169,611
Profit for the year 76,725
Dividends (92,000 )
At 31 March 2025 154,336