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REGISTERED NUMBER: 04051903 (England and Wales)












Unaudited Financial Statements for the Year Ended 30 September 2024

for

Aerospace International Services Limited

Aerospace International Services Limited (Registered number: 04051903)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aerospace International Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: P Brochain




SECRETARY: Hawksford UK Secretaries Limited



REGISTERED OFFICE: Ground Floor
123 Pall Mall
London
SW1Y 5EA



REGISTERED NUMBER: 04051903 (England and Wales)



ACCOUNTANTS: Hawksford UK Services Limited
123 Pall Mall
St. James's
London
SW1Y 5EA



BANKERS: National Westminster Bank Plc
Westminster
London W1B

Aerospace International Services Limited (Registered number: 04051903)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 90,393 146,755
Tangible assets 5 - -
90,393 146,755

CURRENT ASSETS
Debtors 6 89,862 98,322
Cash at bank 189,571 79,228
279,433 177,550
CREDITORS
Amounts falling due within one year 7 (23,361 ) (79,646 )
NET CURRENT ASSETS 256,072 97,904
TOTAL ASSETS LESS CURRENT
LIABILITIES

346,465

244,659

CAPITAL AND RESERVES
Called up share capital 350,000 350,000
Revaluation reserve 8 - (5,220 )
Retained earnings (3,535 ) (100,121 )
SHAREHOLDERS' FUNDS 346,465 244,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 June 2025 and were signed on its behalf by:





P Brochain - Director


Aerospace International Services Limited (Registered number: 04051903)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Aerospace International Services 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 as modified by the revaluation of certain assets.

The company's functional and presentational currency is GBP and rounded to the nearest £.

Going concern
After reviewing the company's forecasts and projections, taking into account possible changes in trading performance due to current economic conditions, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the service provided to that date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are capitalised only after they can be measured reliably and if technical, commercial feasibility of the asset for sale or use have been established. Development costs are reviewed at the end of every accounting period to ensure that the recognition criteria are still met. Amortisation begins only once commercial production has started or when the developed product or service comes into use.

Development costs are being amortised evenly over their estimated useful life of 3-5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Tangible fixed assets are stated at cost less depreciation.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments
Investments held as fixed assets are stated at director's valuation, based on the net asset value of the subsidiary companies shown in the latest financial statement of those companies. Gains and losses on revaluation are recognised in a revaluation reserve.

Aerospace International Services Limited (Registered number: 04051903)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Preparation of consolidated financial statements
The financial statements contain information about Aerospace International Services Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 399 paragraph 2A of the Companies Act 2006 not to prepare consolidated financial statements.

Trade and other debtors
Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the debtors are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company does not have long term creditors.

Cash and cash equivalents
Cash and cash equivalents comprise cash held on demand with banks.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 October 2023
and 30 September 2024 381,501
AMORTISATION
At 1 October 2023 234,746
Amortisation for year 56,362
At 30 September 2024 291,108
NET BOOK VALUE
At 30 September 2024 90,393
At 30 September 2023 146,755

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023
and 30 September 2024 6,942
DEPRECIATION
At 1 October 2023
and 30 September 2024 6,942
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

Aerospace International Services Limited (Registered number: 04051903)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 25,886 34,237
Amounts owed by group undertakings 61,129 59,401
Other debtors - 2,306
Directors' current accounts - 2,000
VAT 2,847 378
89,862 98,322

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 1,888 169
AMEX 4,417 3,594
Natwest Credit card 1,494 -
Directors' current accounts 848 -
Deferred income 9,714 70,883
Accrued expenses 5,000 5,000
23,361 79,646

8. RESERVES
Revaluation
reserve
£   
At 1 October 2023 (5,220 )
Revaluation of investments 5,220

At 30 September 2024 -

9. RELATED PARTY DISCLOSURES

During the year, the company was charged £26,546 (2023: £38,495) by QFE Brochain, a French entity in which P Brochain is a shareholder and director.

At 30 September 2024 Capinvest Holdings Limited, the parent company, owed £61,129 (2023:£59,401) to Aerospace International Services Limited.

At 30 September 2024, the Company's Director Loan account had a balance of £848 (2023: £2,000 debit). This was repaid by the director within 9 months after the reporting date.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P Brochain.