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Company Registration No. 06251038 (England and Wales)
Torquil Aviation Limited Unaudited accounts for the year ended 31 May 2025
Torquil Aviation Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Torquil Aviation Limited Company Information for the year ended 31 May 2025
Director
R T Keel
Company Number
06251038 (England and Wales)
Registered Office
61 High Street Chobham Surrey GU24 8AF ENGLAND
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Torquil Aviation Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
28,409
3,246
Current assets
Debtors
5
18,033
22,466
Cash at bank and in hand
63,129
165,016
81,162
187,482
Creditors: amounts falling due within one year
6
(14,873)
(59,584)
Net current assets
66,289
127,898
Net assets
94,698
131,144
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
94,598
131,044
Shareholders' funds
94,698
131,144
For the year ending 31 May 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 September 2025 and were signed on its behalf by
R T Keel Director Company Registration No. 06251038
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Torquil Aviation Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Torquil Aviation Limited is a private company, limited by shares, registered in England and Wales, registration number 06251038. The registered office is 61 High Street, Chobham, Surrey, GU24 8AF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight line
Computer equipment
20% Straight line
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Torquil Aviation Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
27,620
5,343
32,963
Additions
35,315
-
35,315
Disposals
(13,240)
-
(13,240)
At 31 May 2025
49,695
5,343
55,038
Depreciation
At 1 June 2024
26,585
3,132
29,717
Charge for the year
8,858
1,294
10,152
On disposals
(13,240)
-
(13,240)
At 31 May 2025
22,203
4,426
26,629
Net book value
At 31 May 2025
27,492
917
28,409
At 31 May 2024
1,035
2,211
3,246
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
18,001
22,434
Other debtors
32
32
18,033
22,466
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
960
Taxes and social security
8,240
5,638
Loans from directors
5,557
1,123
Accruals
1,076
51,863
14,873
59,584
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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