Stellar Solutions Aerospace Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 04780554

		2024		2023
	Notes	$	$	$	$
FIXED ASSETS
Tangible Assets	4		-		1,201

			-		1,201
CURRENT ASSETS
Debtors	5	272,009		287,633
Cash at bank and in hand		55,992		6,461

		328,001		294,094
Creditors: Amounts Falling Due Within One Year	6	(2,462,574 )		(2,157,466 )

NET CURRENT ASSETS (LIABILITIES)			(2,134,573 )		(1,863,372 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,134,573 )		(1,862,171 )

NET LIABILITIES			(2,134,573 )		(1,862,171 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(2,134,574 )		(1,862,172 )

SHAREHOLDERS' FUNDS			(2,134,573)		(1,862,171)

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

Ms Celeste Volz Ford

Director

10/07/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Stellar Solutions Aerospace Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04780554 . The registered office is See below.

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

The company continues with it's activities and the directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% reducing balance
Computer Equipment	50% straight line

2.5. 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.

2.6. 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.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2023: 8)

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Stellar Solutions Aerospace Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Computer Equipment
	$
Cost
As at 1 January 2024	7,649

As at 31 December 2024	7,649

Depreciation
As at 1 January 2024	6,448
Provided during the period	1,201

As at 31 December 2024	7,649

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	1,201

5. Debtors

	2024	2023
	$	$
Due within one year
Trade debtors	256,206	233,454
Prepayments and accrued income	8,221	2,746
Other debtors	7,582	51,433

	272,009	287,633

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	$	$
Trade creditors	14,561	22,475
Other taxes and social security	24,200	16,540
VAT	45,248	26,326
Other creditors	2,108	663
Loans Payable	2,203,858	1,951,028
Accruals and deferred income	172,599	140,434

	2,462,574	2,157,466

7. Share Capital

	2024	2023
	$	$
Allotted, Called up and fully paid	1	1

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Stellar Solutions Aerospace Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Related Party Transactions

During the year, the company made sales of $10125 (2023: $73,790) to and made purchases of $Nil (2023: $Nil) from Stellar Solutions, Inc., a company controlled by Ms C V Ford. Loan advances of $308,528 (2023: $309,620) were made to the company by Stellar Solutions Inc. At the year end, the company owed Stellar Solutions, Inc. $2,203,858 (2023: $1,951,028). Interest of $63,916 (2023: $65,256) was paid during the year.

During the year, the company received funds of $Nil (2023: $Nil) for and on behalf of Stellar Solutions Aerospace France and paid expenses of $Nil (2023: $549) on behalf of Stellar Solutions Aerospace France, a company controlled by Stellar Solutions Inc. At the year end, Stellar Solutions Aerospace France owed the company $Nil (2023: $29,931).

9. Foreign Currency Values

The annual accounts have been prepared in US Dollars.

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