BrightAccountsProduction v1.0.0 v1.0.0 2023-10-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company in the year under review was that of a holding company. 7 January 2025 0 0 13214898 2024-09-30 13214898 2023-09-30 13214898 2022-09-30 13214898 2023-10-01 2024-09-30 13214898 2022-10-01 2023-09-30 13214898 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13214898 uk-curr:PoundSterling 2023-10-01 2024-09-30 13214898 uk-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 13214898 uk-bus:FullAccounts 2023-10-01 2024-09-30 13214898 uk-core:ShareCapital 2024-09-30 13214898 uk-core:ShareCapital 2023-09-30 13214898 uk-core:OtherReservesSubtotal 2024-09-30 13214898 uk-core:OtherReservesSubtotal 2023-09-30 13214898 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 13214898 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 13214898 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-09-30 13214898 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-09-30 13214898 uk-bus:FRS102 2023-10-01 2024-09-30 13214898 uk-bus:Audited 2023-10-01 2024-09-30 13214898 uk-core:CostValuation 2024-09-30 13214898 uk-core:WithinOneYear 2024-09-30 13214898 uk-core:WithinOneYear 2023-09-30 13214898 2023-10-01 2024-09-30 13214898 uk-bus:Director1 2023-10-01 2024-09-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Aerocom (Holdings) Limited
 
Financial Statements
 
for the financial year ended 30 September 2024



Aerocom (Holdings) Limited
Company Registration Number: 13214898
BALANCE SHEET
as at 30 September 2024

2024 2023
Notes £ £
 
Fixed Assets
Investments 5 3,000,000 3,000,000
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Current Assets
Cash and cash equivalents 175 175
Creditors: amounts falling due within one year 6 (2,146,709) (1,806,512)
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Net Current Liabilities (2,146,534) (1,806,337)
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Total Assets less Current Liabilities 853,466 1,193,663
 
Creditors:
amounts falling due after more than one year 7 - (151,697)
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Net Assets 853,466 1,041,966
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Capital and Reserves
Called up share capital 200 200
Other reserves 749,975 749,975
Retained earnings 103,291 291,791
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Equity attributable to owners of the company 853,466 1,041,966
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The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
Approved by the Board and authorised for issue on 7 January 2025 and signed on its behalf by
           
           
________________________________          
Thomas David Hughes          
Director          
           



Aerocom (Holdings) Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 September 2024

   
1. General Information
 
Aerocom (Holdings) Limited is a private company, limited by shares, incorporated and registered in England. The registered number of the company is 13214898. The registered office of the company is 12 Vickery Way, Chetwynd Business Park, Nottingham, NG9 6RY, England which is also the principal place of business of the company. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company. These financial statements cover the individual entity for the financial year ended 30th September 2024.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 September 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Consolidated accounts
The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. INFORMATION RELATING TO THE AUDITOR'S REPORT
 
The Audit Report was unqualified. There were no matters to which the auditor was required to refer by way of emphasis.
 
The financial statements were audited by John MacMahon & Co.
The Auditor's Report was signed by John McGinn (Senior Statutory Auditor) for and on behalf of John MacMahon & Co on 7th January 2025.
 
       
4. Employees
 
The company had no employees in either this or the comparative financial year.
       
5. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 30 September 2024 3,000,000 3,000,000
  ───────── ─────────
Net book value
At 30 September 2024 3,000,000 3,000,000
  ═════════ ═════════
At 30 September 2023 3,000,000 3,000,000
  ═════════ ═════════
       
6. Creditors 2024 2023
Amounts falling due within one year £ £
 
Other loans 167,771 328,574
Amounts owed to group undertakings 1,978,938 1,477,938
  ───────── ─────────
  2,146,709 1,806,512
  ═════════ ═════════
 
Other loans consist of loan notes repayable to one of the directors. These are secured by way of a charge over the shares of the company and interest is payable at a rate of 2.5% per annum.

Intercompany balances are repayable on demand.
       
7. Creditors 2024 2023
Amounts falling due after more than one year £ £
 
Other loans - 151,697
  ═════════ ═════════
 
           
8. Related party transactions
The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.