IRIS Accounts Production v25.1.3.33 03702091 director 1.12.23 30.6.24 30.6.24 16.5.25 false true false false true false Auditors Opinion Ordinary 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037020912023-11-30037020912024-06-30037020912023-12-012024-06-30037020912022-11-30037020912022-12-012023-11-30037020912023-11-3003702091ns15:EnglandWales2023-12-012024-06-3003702091ns14:PoundSterling2023-12-012024-06-3003702091ns10:Director12023-12-012024-06-3003702091ns10:PrivateLimitedCompanyLtd2023-12-012024-06-3003702091ns10:SmallEntities2023-12-012024-06-3003702091ns10:Audited2023-12-012024-06-3003702091ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-06-3003702091ns10:SmallCompaniesRegimeForAccounts2023-12-012024-06-3003702091ns10:FullAccounts2023-12-012024-06-3003702091ns10:OrdinaryShareClass12023-12-012024-06-3003702091ns10:OrdinaryShareClass22023-12-012024-06-3003702091ns10:CompanySecretary12023-12-012024-06-3003702091ns10:RegisteredOffice2023-12-012024-06-3003702091ns5:CurrentFinancialInstruments2024-06-3003702091ns5:CurrentFinancialInstruments2023-11-3003702091ns5:ShareCapital2024-06-3003702091ns5:ShareCapital2023-11-3003702091ns5:RetainedEarningsAccumulatedLosses2024-06-3003702091ns5:RetainedEarningsAccumulatedLosses2023-11-3003702091ns5:PlantMachinery2023-12-012024-06-3003702091ns5:FurnitureFittings2023-12-012024-06-3003702091ns5:ComputerEquipment2023-12-012024-06-3003702091ns5:PlantMachinery2023-11-3003702091ns5:FurnitureFittings2023-11-3003702091ns5:ComputerEquipment2023-11-3003702091ns5:PlantMachinery2024-06-3003702091ns5:FurnitureFittings2024-06-3003702091ns5:ComputerEquipment2024-06-3003702091ns5:PlantMachinery2023-11-3003702091ns5:FurnitureFittings2023-11-3003702091ns5:ComputerEquipment2023-11-3003702091ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3003702091ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3003702091ns10:OrdinaryShareClass12024-06-3003702091ns10:OrdinaryShareClass22024-06-30
REGISTERED NUMBER: 03702091 (England and Wales)











Financial Statements

for the Period 1 December 2023 to 30 June 2024

for

Aero Anglia Limited

Aero Anglia Limited (Registered number: 03702091)






Contents of the Financial Statements
for the Period 1 December 2023 to 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Aero Anglia Limited

Company Information
for the Period 1 December 2023 to 30 June 2024







DIRECTOR: K T Barber





SECRETARY: Mrs A J Barber





REGISTERED OFFICE: Earls Colne Airfield
Earls Colne
Essex
CO6 2NS





REGISTERED NUMBER: 03702091 (England and Wales)





AUDITORS: Knights Lowe Limited
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

Aero Anglia Limited (Registered number: 03702091)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,147 6,025

CURRENT ASSETS
Stocks 134,260 155,648
Debtors 5 152,429 121,817
Cash at bank 42,555 65,905
329,244 343,370
CREDITORS
Amounts falling due within one year 6 183,117 212,103
NET CURRENT ASSETS 146,127 131,267
TOTAL ASSETS LESS CURRENT LIABILITIES 151,274 137,292

CAPITAL AND RESERVES
Called up share capital 7 120 120
Retained earnings 151,154 137,172
SHAREHOLDERS' FUNDS 151,274 137,292

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 16 May 2025 and were signed by:





K T Barber - Director


Aero Anglia Limited (Registered number: 03702091)

Notes to the Financial Statements
for the Period 1 December 2023 to 30 June 2024

1. STATUTORY INFORMATION

Aero Anglia 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.

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

Where a service is incomplete at the financial year end, an appropriate amount is included in turnover based on the stage of completion of the transaction. Related uninvoiced amounts are included in amounts recoverable on contracts in the Statement of Financial Position.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.


Aero Anglia Limited (Registered number: 03702091)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 30 June 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Change of accounting reference date
Following the demerger of the Colne Valley Aviation group from the Colne Valley Electrical group on 27 June 2024, the company changed its accounting reference date from 30 November to 30 June. Accordingly, these financial statements cover the seven month period ended 30 June 2024 with the comparative figures covering the twelve month period ended 30 November 2023.

3. EMPLOYEES AND DIRECTORS

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

Aero Anglia Limited (Registered number: 03702091)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023
and 30 June 2024 38,360 1,337 2,592 42,289
DEPRECIATION
At 1 December 2023 32,570 1,303 2,391 36,264
Charge for period 844 5 29 878
At 30 June 2024 33,414 1,308 2,420 37,142
NET BOOK VALUE
At 30 June 2024 4,946 29 172 5,147
At 30 November 2023 5,790 34 201 6,025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 61,375 72,162
Amounts owed by group undertakings 83,616 40,722
Other debtors 7,438 8,933
152,429 121,817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,703 54,389
Amounts owed to group undertakings 136,107 149,339
Taxation and social security 28,453 5,023
Other creditors 1,854 3,352
183,117 212,103

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100
20 Ordinary B 1 20 20
120 120

Aero Anglia Limited (Registered number: 03702091)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 30 June 2024

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Mortimer FCA FCCA (Senior Statutory Auditor)
for and on behalf of Knights Lowe Limited

9. CONTROLLING PARTY

On 27 June 2024 Colne Valley Aviation Limited and its subsidiaries, which includes this company, were demerged from the group headed up by Colne Valley Electrical Limited. Following the demerger, the controlling party became Colne Valley Aviation Holdings Ltd whose registered office is at Earls Colne Airfield, Earls Colne, Essex, C06 2NS.