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REGISTERED NUMBER: 10756136 (England and Wales)












REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

FOR

24-7 AVIATION SERVICES LIMITED

24-7 AVIATION SERVICES LIMITED (REGISTERED NUMBER: 10756136)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2025




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 4


24-7 AVIATION SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2025







DIRECTOR: P D Swords





REGISTERED OFFICE: Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 10756136 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

24-7 AVIATION SERVICES LIMITED (REGISTERED NUMBER: 10756136)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31ST MAY 2025

The director presents his report with the financial statements of the company for the year ended 31st May 2025.

DIRECTOR
P D Swords held office during the whole of the period from 1st June 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P D Swords - Director


29th July 2025

24-7 AVIATION SERVICES LIMITED (REGISTERED NUMBER: 10756136)

BALANCE SHEET
31ST MAY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,446 43,530

CURRENT ASSETS
Debtors 5 34,171 34,032
Cash at bank 45,275 66,509
79,446 100,541
CREDITORS
Amounts falling due within one year 6 22,751 32,376
NET CURRENT ASSETS 56,695 68,165
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,141

111,695

PROVISIONS FOR LIABILITIES 10,719 8,232
NET ASSETS 111,422 103,463

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 111,322 103,363
SHAREHOLDERS' FUNDS 111,422 103,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th July 2025 and were signed by:



P D Swords - Director


24-7 AVIATION SERVICES LIMITED (REGISTERED NUMBER: 10756136)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2025

1. STATUTORY INFORMATION

24-7 Aviation 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.

Going Concern Justification
The director has assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The director has not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31 May 2025 have been prepared using the going concern basis of accounting.

Revenue
Revenue - Described as turnover - is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.

Revenue is recognised on the provision of services once completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

24-7 AVIATION SERVICES LIMITED (REGISTERED NUMBER: 10756136)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st June 2024 3,136 76,932 4,511 84,579
Additions - 71,066 - 71,066
Disposals - (35,500 ) - (35,500 )
At 31st May 2025 3,136 112,498 4,511 120,145
DEPRECIATION
At 1st June 2024 3,136 36,344 1,569 41,049
Charge for year - 17,593 790 18,383
Eliminated on disposal - (4,733 ) - (4,733 )
At 31st May 2025 3,136 49,204 2,359 54,699
NET BOOK VALUE
At 31st May 2025 - 63,294 2,152 65,446
At 31st May 2024 - 40,588 2,942 43,530

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 15,149 1
Other debtors 1 1
Prepayments and accrued income 19,021 34,030
34,171 34,032

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 10,679 18,844
Social security and other taxes (88 ) 146
VAT 8,768 9,941
Other creditors 340 357
Directors' current accounts 52 88
Accrued expenses 3,000 3,000
22,751 32,376