Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11478134 Mr Anoop Bamrah Mr Sarabjit Bamrah Mr Peter Kara Mr David Sheridan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11478134 2023-12-31 11478134 2024-12-31 11478134 2024-01-01 2024-12-31 11478134 frs-core:CurrentFinancialInstruments 2024-12-31 11478134 frs-core:Non-currentFinancialInstruments 2024-12-31 11478134 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 11478134 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 11478134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 11478134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11478134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 11478134 frs-core:OtherResidualIntangibleAssets 2024-12-31 11478134 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 11478134 frs-core:OtherResidualIntangibleAssets 2023-12-31 11478134 frs-core:PlantMachinery 2024-12-31 11478134 frs-core:PlantMachinery 2024-01-01 2024-12-31 11478134 frs-core:PlantMachinery 2023-12-31 11478134 frs-core:RevaluationReserve 2023-12-31 11478134 frs-core:RevaluationReserve 2024-12-31 11478134 frs-core:SharePremium 2024-12-31 11478134 frs-core:ShareCapital 2024-12-31 11478134 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11478134 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11478134 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11478134 frs-bus:SmallEntities 2024-01-01 2024-12-31 11478134 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11478134 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11478134 frs-bus:Director1 2024-01-01 2024-12-31 11478134 frs-bus:Director2 2024-01-01 2024-12-31 11478134 frs-bus:Director3 2024-01-01 2024-12-31 11478134 frs-bus:Director4 2024-01-01 2024-12-31 11478134 frs-countries:EnglandWales 2024-01-01 2024-12-31 11478134 2022-12-31 11478134 2023-12-31 11478134 2023-01-01 2023-12-31 11478134 frs-core:CurrentFinancialInstruments 2023-12-31 11478134 frs-core:Non-currentFinancialInstruments 2023-12-31 11478134 frs-core:RevaluationReserve 2023-12-31 11478134 frs-core:SharePremium 2023-12-31 11478134 frs-core:ShareCapital 2023-12-31 11478134 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11478134
British School Of Aviation Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
British School Of Aviation Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
British School Of Aviation Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 11478134

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 251,969 |  | 263,594
Tangible Assets | 5 |  | 1,711,816 |  | 1,780,841
|  |  | 1,963,785 |  | 2,044,435
CURRENT ASSETS
Debtors | 6 | 167,099 |  | 57,064 |
Cash at bank and in hand |  | 42,569 |  | 47,734 |
|  | 209,668 |  | 104,798 |
Creditors: Amounts Falling Due Within One Year | 7 | (332,827 ) |  | (332,930 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (123,159 ) |  | (228,132 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,840,626 |  | 1,816,303
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (488,110 ) |  | (494,543 )
NET ASSETS |  |  | 1,352,516 |  | 1,321,760
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1,000 |  | 1,000
Share premium account |  |  | 124,600 |  | 124,600
Revaluation reserve | 10 |  | 1,850,000 |  | 1,850,000
Profit and Loss Account |  |  | (623,084 ) |  | (653,840 )
SHAREHOLDERS' FUNDS |  |  | 1,352,516 |  | 1,321,760

Page 1
Page 2
British School Of Aviation Ltd
Balance Sheet (continued)
As At 31 December 2024
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Anoop Bamrah Director
06/08/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
British School Of Aviation Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
British School Of Aviation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11478134 . The registered office is Building 136 Prospect Way, London Luton Airport, Luton, LU2 9QH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are as below. It is amortised to profit and loss account over its estimated economic life.
Lease Premium - over the lease term
Website - 4 years
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold | over 26.8 years
Leasehold | over the lease term
Plant & Machinery | over 4 years

The valuation of land & property was made on an open market value basis by reference to market evidence of transaction prices for similar properties by directors.
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.7. 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
Page 4
British School Of Aviation Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.8. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.10. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.11. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 January 2024 | 318,870
As at 31 December 2024 | 318,870
Amortisation
As at 1 January 2024 | 55,276
Provided during the period | 11,625
As at 31 December 2024 | 66,901
Net Book Value
As at 31 December 2024 | 251,969
As at 1 January 2024 | 263,594

Page 4
Page 5
British School Of Aviation Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Total
| £ | £ | £
Cost or Valuation
As at 1 January 2024 | 1,850,000 | 55,000 | 1,905,000
As at 31 December 2024 | 1,850,000 | 55,000 | 1,905,000
Depreciation
As at 1 January 2024 | 69,159 | 55,000 | 124,159
Provided during the period | 69,025 | - | 69,025
As at 31 December 2024 | 138,184 | 55,000 | 193,184
Net Book Value
As at 31 December 2024 | 1,711,816 | - | 1,711,816
As at 1 January 2024 | 1,780,841 | - | 1,780,841

Cost or valuation as at 31 December 2024 represented by:

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Total
| £ | £ | £
At cost | 1,850,000 | 55,000 | 1,905,000
| 1,850,000 | 55,000 | 1,905,000

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 139,684 |  | 29,846
Other debtors | 27,415 |  | 27,218
| 167,099 |  | 57,064

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 198,545 |  | 161,261
Other creditors | 63,404 |  | 79,739
Taxation and social security | 70,878 |  | 91,930
| 332,827 |  | 332,930

Page 5
Page 6
British School Of Aviation Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
8. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 32,110 |  | 38,543
Other loans | 456,000 |  | 456,000
| 488,110 |  | 494,543

Charges at Companies House have been registered by Falcon Flying School Limited and Veruth Holdings Limited for the loans taken by company, which has fixed and floating charges and negative pledge over the undertaking and all property and assets present and future of the company.
9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

10. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 January 2024 | 1,850,000
As at 31 December 2024 | 1,850,000

11. Related Party Transactions
Long term creditors include a loan from a corporate shareholder of £390,000 (2023: £390,000).
Page 6