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REGISTERED NUMBER: 12208139 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MY AERO LEASING LTD

MY AERO LEASING LTD (REGISTERED NUMBER: 12208139)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MY AERO LEASING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Ms E J Young
Mr L H Marti





REGISTERED OFFICE: 5 Cross Street
Sandown
Isle of Wight
PO36 8BJ





REGISTERED NUMBER: 12208139 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL

MY AERO LEASING LTD (REGISTERED NUMBER: 12208139)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 16,822 20,696

CURRENT ASSETS
Debtors 5 12,144 16,839
Cash at bank 37,948 91,467
50,092 108,306
CREDITORS
Amounts falling due within one year 6 (2,900 ) (6,638 )
NET CURRENT ASSETS 47,192 101,668
TOTAL ASSETS LESS CURRENT LIABILITIES 64,014 122,364

PROVISIONS FOR LIABILITIES 7 (3,196 ) (5,174 )
NET ASSETS 60,818 117,190

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 60,718 117,090
SHAREHOLDERS' FUNDS 60,818 117,190

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.

MY AERO LEASING LTD (REGISTERED NUMBER: 12208139)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 27 June 2025 and were signed on its behalf by:





Ms E J Young - Director


MY AERO LEASING LTD (REGISTERED NUMBER: 12208139)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

My Aero Leasing Ltd 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Aircraft - 25% on cost
Equipment - 15% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

MY AERO LEASING LTD (REGISTERED NUMBER: 12208139)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Computer
Aircraft Equipment equipment Totals
£    £    £    £   
COST
At 1 October 2023 56,669 34,853 3,110 94,632
Additions - 2,812 - 2,812
At 30 September 2024 56,669 37,665 3,110 97,444
DEPRECIATION
At 1 October 2023 56,669 15,194 2,073 73,936
Charge for year - 5,649 1,037 6,686
At 30 September 2024 56,669 20,843 3,110 80,622
NET BOOK VALUE
At 30 September 2024 - 16,822 - 16,822
At 30 September 2023 - 19,659 1,037 20,696

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 2,608 10,303
Other debtors 9,536 6,536
12,144 16,839

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 459 262
Other creditors 2,441 6,376
2,900 6,638

7. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax 3,196 5,174

Deferred
tax
£   
Balance at 1 October 2023 5,174
Provided during year (1,978 )
Balance at 30 September 2024 3,196

MY AERO LEASING LTD (REGISTERED NUMBER: 12208139)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100