for the Period Ended 28 February 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 17 months to 28 February 2025 | ||
|---|---|---|
|
|
£ |
|
| Turnover: |
|
|
| Cost of sales: |
(
|
|
| Gross profit(or loss): |
|
|
| Administrative expenses: |
(
|
|
| Operating profit(or loss): |
|
|
| Profit(or loss) before tax: |
|
|
| Tax: |
(
|
|
| Profit(or loss) for the financial year: |
|
As at
| Notes | 17 months to 28 February 2025 | ||
|---|---|---|---|
|
|
£ |
||
| Fixed assets | |||
| Tangible assets: | 3 |
|
|
| Total fixed assets: |
|
||
| Current assets | |||
| Debtors: | 4 |
|
|
| Cash at bank and in hand: |
|
||
| Total current assets: |
|
||
| Creditors: amounts falling due within one year: | 5 |
(
|
|
| Net current assets (liabilities): |
|
||
| Total assets less current liabilities: |
|
||
| Total net assets (liabilities): |
|
||
| Members' funds | |||
| Profit and loss account: |
|
||
| Total members' funds: |
|
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 February 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 28 February 2025
| 17 months to 28 February 2025 | ||
|---|---|---|
| Average number of employees during the period |
|
for the Period Ended 28 February 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| Additions |
|
|
||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 28 February 2025 |
|
|
||||
| Depreciation | ||||||
| Charge for year |
|
|
||||
| On disposals | ||||||
| Other adjustments | ||||||
| At 28 February 2025 |
|
|
||||
| Net book value | ||||||
| At 28 February 2025 |
|
|
for the Period Ended 28 February 2025
| 17 months to 28 February 2025 | ||
|---|---|---|
| £ | ||
| Trade debtors |
|
|
| Prepayments and accrued income |
|
|
| Other debtors |
|
|
| Total |
|
for the Period Ended 28 February 2025
| 17 months to 28 February 2025 | ||
|---|---|---|
| £ | ||
| Taxation and social security |
|
|
| Other creditors |
|
|
| Total |
|
The company runs a small flying school. During the year the business helped benefit the community by teaching people to fly.
No consultation with stakeholders
During the period the following salaries were paid to directors: Michael Power £21,400 Chris Kirk £22,000
No transfer of assets other than for full consideration
This report was approved by the board of directors on
23 June 2025
And signed on behalf of the board by:
Name: Michael Power
Status: Director