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# RO-ARK AEROSPACE LIMITED

## Company Registration Number:
15319796 (England and Wales)

## Unaudited statutory accounts for the year ended 30 November 2024

## Period of accounts

## Start date: 30 November 2023

## End date: 30 November 2024

# RO-ARK AEROSPACE LIMITED

## Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report |
Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |

# RO-ARK AEROSPACE LIMITED

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

Ro-Ark Aerospace Limited is principally engaged in the manufacture and service deployment of drone detection systems, counter drone systems and unmanned vehicles.

Company policy on disabled employees

Our approach to disability equality focuses on the social model of disability. We aim to create an inclusive and supportive working environment where all staff with a disability or long term health condition feel valued and can reach their full potential. In promoting a proactive approach to anticipating barriers that exist in the workplace rather than individual impairments this encourages an accessible and inclusive environment for all. We understand that disabled staff or those with long term health conditions may need reasonable adjustments and additional support to meet the demands of their role.

Directors

The director shown below has held office during the whole of the period from
30 November 2023 to 30 November 2024

Patton Atkinson French

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 June 2025

And signed on behalf of the board by:
Name: Patton Atkinson French
Status: Director

# RO-ARK AEROSPACE LIMITED

## Profit And Loss Account

for the Period Ended 30 November 2024

| 2024
--- | ---
| £
Turnover: | 36,906,898 |
Cost of sales: | ( 49,324,972 ) |
Gross profit(or loss): | (12,418,074)
Distribution costs: | 0 |
Administrative expenses: | ( 3,094,908 ) |
Other operating income: | 0 |
Operating profit(or loss): | (15,512,982)
Interest receivable and similar income: | 23,712 |
Interest payable and similar charges: | ( 1,072,500 ) |
Profit(or loss) before tax: | (16,561,770)
Tax: | 0 |
Profit(or loss) for the financial year: | (16,561,770)

# RO-ARK AEROSPACE LIMITED

## Balance sheet

As at 30 November 2024

| Notes | 2024
--- | --- | ---
|  | £
Called up share capital not paid: |  | 0 |
Fixed assets
Intangible assets: | 3 | 1,890,000 |
Tangible assets: | 4 | 5,485,661 |
Investments: |  | 0 |
Total fixed assets: |  | 7,375,661
Current assets
Stocks: | 5 | 13,581,223 |
Debtors: | 6 | 87,109,226 |
Cash at bank and in hand: |  | 6,109,227 |
Investments: |  | 0 |
Total current assets: |  | 106,799,676
Prepayments and accrued income: |  | 0 |
Creditors: amounts falling due within one year: | 7 | ( 17,409,012 ) |
Net current assets (liabilities): |  | 89,390,664
Total assets less current liabilities: |  | 96,766,325
Creditors: amounts falling due after more than one year: | 8 | ( 16,420,000 ) |
Provision for liabilities: |  | ( 1,000,000 ) |
Accruals and deferred income: |  | 0 |
Total net assets (liabilities): |  | 79,346,325
Capital and reserves
Called up share capital: |  | 1 |
Share premium account: |  | 38,750,000 |
Other reserves: |  | 40,596,324 |
Profit and loss account: |  | 0 |
Total Shareholders' funds: |  | 79,346,325

The notes form part of these financial statements

# RO-ARK AEROSPACE LIMITED

## Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 June 2025
and signed on behalf of the board by:

Name: Patton Atkinson French
Status: Director

The notes form part of these financial statements

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  Turnover equates to total group sales received in the accounting period across both UK and US entities

  Tangible fixed assets depreciation policy

  Straight-line depreciation

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

- ## 2. Employees

  | 2024
  --- | ---
  Average number of employees during the period | 49 |

  Relates only to UK based employees and does not include contractors or international based employees

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

## 3. Intangible assets

| Goodwill | Other | Total
--- | --- | --- | ---
Cost | £ | £ | £
Additions | 1,890,000 |  | 1,890,000
Disposals | 0 |  | 0
Revaluations | 0 |  | 0
Transfers | 0 |  | 0
At 30 November 2024 | 1,890,000 |  | 1,890,000
Amortisation |  |  |
Charge for year | 0 |  | 0
On disposals | 0 |  | 0
Other adjustments | 0 |  | 0
At 30 November 2024 | 0 |  | 0
Net book value |  |  |
At 30 November 2024 | 1,890,000 |  | 1,890,000

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

## 4. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
Additions |  | 4,109,313 | 1,296,104 | 80,244 |  | 5,485,661
Disposals |  |  |  |  |  |
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 30 November 2024 |  | 4,109,313 | 1,296,104 | 80,244 |  | 5,485,661
Depreciation |  |  |  |  |  |
Charge for year |  |  |  |  |  |
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 30 November 2024 |  |  |  |  |  |
Net book value |  |  |  |  |  |
At 30 November 2024 |  | 4,109,313 | 1,296,104 | 80,244 |  | 5,485,661

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

## 5. Stocks

| 2024
--- | ---
| £
Stocks | 13,581,223 |
Total | 13,581,223

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

## 6. Debtors

| 2024
--- | ---
| £
Trade debtors | 7,610,822 |
Prepayments and accrued income | 79,498,404 |
Total | 87,109,226
Debtors due after more than one year: | 36,109,654 |

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

## 7. Creditors: amounts falling due within one year note

| 2024
--- | ---
| £
Bank loans and overdrafts | 0 |
Amounts due under finance leases and hire purchase contracts | 891,443 |
Trade creditors | 1,491,224 |
Taxation and social security | 174,443 |
Accruals and deferred income | 0 |
Other creditors | 14,851,902 |
Total | 17,409,012

£16,420,000 bond at 6.5% APR term date March 2029

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

## 8. Creditors: amounts falling due after more than one year note

| 2024
--- | ---
| £
Other creditors | 16,420,000 |
Total | 16,420,000

# RO-ARK AEROSPACE LIMITED

## Notes to the Financial Statements

for the Period Ended 30 November 2024

## 9. Financial Commitments

Ongoing financial commitments relate to the approximate service value of each individual contract