IRIS Accounts Production v25.1.4.42 06750486 director 1.9.23 31.8.24 31.8.24 No description of principal activity 0 0 false true false false true true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067504862023-08-31067504862024-08-31067504862023-09-012024-08-31067504862022-08-31067504862022-09-012023-08-31067504862023-08-3106750486ns15:EnglandWales2023-09-012024-08-3106750486ns14:PoundSterling2023-09-012024-08-3106750486ns10:Director12023-09-012024-08-3106750486ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106750486ns10:SmallEntities2023-09-012024-08-3106750486ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3106750486ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106750486ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106750486ns10:FullAccounts2023-09-012024-08-3106750486ns10:EntityNoLongerTradingButTradedInPast2023-09-012024-08-3106750486ns10:RegisteredOffice2023-09-012024-08-3106750486ns5:ShareCapital2024-08-3106750486ns5:ShareCapital2023-08-3106750486ns5:CurrentFinancialInstruments2024-08-3106750486ns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 06750486 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

JETAIR (BROKERS) LIMITED

JETAIR (BROKERS) LIMITED (REGISTERED NUMBER: 06750486)

Contents of the Financial Statements
for the year ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JETAIR (BROKERS) LIMITED

Company Information
for the year ended 31 August 2024







DIRECTOR: R P Lewis





REGISTERED OFFICE: Driftstone Manor
Middleway
Kingston Gorse
East Preston
West Sussex
BN16 1SB





REGISTERED NUMBER: 06750486 (England and Wales)

JETAIR (BROKERS) LIMITED (REGISTERED NUMBER: 06750486)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 100 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

100

CAPITAL AND RESERVES
Called up share capital 100 100
SHAREHOLDERS' FUNDS 100 100

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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 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:





R P Lewis - Director


JETAIR (BROKERS) LIMITED (REGISTERED NUMBER: 06750486)

Notes to the Financial Statements
for the year ended 31 August 2024


1. STATUTORY INFORMATION

JetAir (Brokers) 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company was dormant throughout the year ended 31 August 2024. However, reference to information relating to the year ended 31 August 2023 has been made where appropriate.

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

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors, bank loans and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

All called up share capital is allotted and fully paid.

JETAIR (BROKERS) LIMITED (REGISTERED NUMBER: 06750486)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on the going concern basis, which presumes that the company will continue in operational existence for the foreseeable future, being a period of at least 12 months from the date of approval of these financial statements.

The company is reliant on the support from group companies and the group has confirmed its continued support. The directors have considered the working capital requirements across the group as a whole and are satisfied that the healthy cash reserves within the group are sufficient to complete projects and meet its liabilities as they fall due for payment.

In view of the above, and after taking into account all other information that could reasonably be expected to be available, the directors are confident that the company will continue in operational existence for the foreseeable future and that the going concern basis is therefore appropriate for the preparation of the company’s financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 100 100

5. ULTIMATE CONTROLLING PARTY

The smallest group in which the results of the company are consolidated is headed by Speed Group (Holdings) Limited. The registered office is Driftstone Manor, Middle Way, Kingston Gorse, East Preston, West Sussex, England, BN16 1SB.

The consolidated financial statements of the group are available to the public and may be obtained from the Registrar of Companies, Companies House, Crown Way, Cardiff, CF14 3UZ.