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Company Registration No. 09485017 (England and Wales)
Vector Aviation Training Limited Unaudited accounts for the year ended 31 March 2025
Vector Aviation Training Limited Unaudited accounts Contents
Page
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Vector Aviation Training Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
122,093 
119,883 
Current assets
Debtors
44,187 
41,410 
Cash at bank and in hand
40,898 
34,472 
85,085 
75,882 
Creditors: amounts falling due within one year
(42,195)
(46,290)
Net current assets
42,890 
29,592 
Total assets less current liabilities
164,983 
149,475 
Creditors: amounts falling due after more than one year
(77,178)
(83,871)
Provisions for liabilities
Deferred tax
(10,798)
(11,644)
Net assets
77,007 
53,960 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
76,907 
53,860 
Shareholders' funds
77,007 
53,960 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by
Captain Derek Garner Director Company Registration No. 09485017
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Vector Aviation Training Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Vector Aviation Training Limited is a private company, limited by shares, registered in England and Wales, registration number 09485017. The registered office is 31, Burrs Close, Bury, BL8 1JU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
36,000 
At 31 March 2025
36,000 
Amortisation
At 1 April 2024
36,000 
At 31 March 2025
36,000 
Net book value
At 31 March 2025
- 
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Vector Aviation Training Limited Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
13,573 
118,005 
131,578 
Additions
2,855 
72,999 
75,854 
Disposals
- 
(54,950)
(54,950)
At 31 March 2025
16,428 
136,054 
152,482 
Depreciation
At 1 April 2024
7,754 
3,941 
11,695 
Charge for the year
2,930 
15,764 
18,694 
At 31 March 2025
10,684 
19,705 
30,389 
Net book value
At 31 March 2025
5,744 
116,349 
122,093 
At 31 March 2024
5,819 
114,064 
119,883 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
26,738 
27,977 
Accrued income and prepayments
308 
296 
Other debtors
17,141 
13,137 
44,187 
41,410 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
11,380 
18,034 
VAT
7,100 
- 
Obligations under finance leases and hire purchase contracts
9,842 
11,462 
Trade creditors
2,803 
11,287 
Taxes and social security
10,170 
4,607 
Accruals
900 
900 
42,195 
46,290 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
77,178 
83,871 
9
Loans to directors
The above loan is unsecured, interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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