IRIS Accounts Production v25.1.3.33 07566524 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075665242023-09-30075665242024-09-30075665242023-10-012024-09-30075665242022-09-30075665242022-10-012023-09-30075665242023-09-3007566524ns15:EnglandWales2023-10-012024-09-3007566524ns14:PoundSterling2023-10-012024-09-3007566524ns10:Director12023-10-012024-09-3007566524ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3007566524ns10:SmallEntities2023-10-012024-09-3007566524ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3007566524ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3007566524ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3007566524ns10:FullAccounts2023-10-012024-09-3007566524ns10:OrdinaryShareClass12023-10-012024-09-3007566524ns10:Director22023-10-012024-09-3007566524ns10:CompanySecretary12023-10-012024-09-3007566524ns10:RegisteredOffice2023-10-012024-09-3007566524ns5:CurrentFinancialInstruments2024-09-3007566524ns5:CurrentFinancialInstruments2023-09-3007566524ns5:Non-currentFinancialInstruments2024-09-3007566524ns5:Non-currentFinancialInstruments2023-09-3007566524ns5:ShareCapital2024-09-3007566524ns5:ShareCapital2023-09-3007566524ns5:RetainedEarningsAccumulatedLosses2024-09-3007566524ns5:RetainedEarningsAccumulatedLosses2023-09-3007566524ns5:PlantMachinery2023-10-012024-09-3007566524ns5:FurnitureFittings2023-10-012024-09-3007566524ns5:ComputerEquipment2023-10-012024-09-3007566524ns5:PlantMachinery2023-09-3007566524ns5:FurnitureFittings2023-09-3007566524ns5:ComputerEquipment2023-09-3007566524ns5:PlantMachinery2024-09-3007566524ns5:FurnitureFittings2024-09-3007566524ns5:ComputerEquipment2024-09-3007566524ns5:PlantMachinery2023-09-3007566524ns5:FurnitureFittings2023-09-3007566524ns5:ComputerEquipment2023-09-3007566524ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3007566524ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3007566524ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 07566524 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

AIRWORKS TRAINING LIMITED

AIRWORKS TRAINING LIMITED (REGISTERED NUMBER: 07566524)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AIRWORKS TRAINING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: S A Purdie
D Purdie





SECRETARY: D Purdie





REGISTERED OFFICE: Unit 4 Stone Cross Farm Industrial Park
Lewes Road
Laughton
Lewes
East Sussex
BN8 6BN





REGISTERED NUMBER: 07566524 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

AIRWORKS TRAINING LIMITED (REGISTERED NUMBER: 07566524)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,038 10,333

CURRENT ASSETS
Debtors 5 40,555 37,609
Cash in hand 2 2
40,557 37,611
CREDITORS
Amounts falling due within one year 6 76,016 65,629
NET CURRENT LIABILITIES (35,459 ) (28,018 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(30,421

)

(17,685

)

CREDITORS
Amounts falling due after more than one
year

7

2,000

5,000
NET LIABILITIES (32,421 ) (22,685 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (32,521 ) (22,785 )
SHAREHOLDERS' FUNDS (32,421 ) (22,685 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 6 June 2025 and were signed on its behalf by:




D Purdie - Director


AIRWORKS TRAINING LIMITED (REGISTERED NUMBER: 07566524)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Airworks Training 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.

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.

The accounts have been prepared on a going concern basis as the directors have indicated their willingness to support the company.

Turnover
Revenue is measured at fair value of the consideration received or receivable excluding value added tax.

Revenue from the sale of services are recognised when services have been delivered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 50% on reducing balance
Fixtures and fittings - 50% on reducing balance
Computer equipment - 50% on reducing balance

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.

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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

AIRWORKS TRAINING LIMITED (REGISTERED NUMBER: 07566524)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 46,864 460 3,194 50,518
Additions 147 - - 147
Disposals (720 ) - - (720 )
At 30 September 2024 46,291 460 3,194 49,945
DEPRECIATION
At 1 October 2023 36,855 451 2,879 40,185
Charge for year 5,070 4 248 5,322
Eliminated on disposal (600 ) - - (600 )
At 30 September 2024 41,325 455 3,127 44,907
NET BOOK VALUE
At 30 September 2024 4,966 5 67 5,038
At 30 September 2023 10,009 9 315 10,333

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 40,555 37,609

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 15,108 9,478
Trade creditors 190 3
Taxation and social security - 342
Other creditors 60,718 55,806
76,016 65,629

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 2,000 5,000

AIRWORKS TRAINING LIMITED (REGISTERED NUMBER: 07566524)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100