REGISTERED NUMBER: 09093118 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

London Jet Centre (Stanstead) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Prince A Eze

Ms A Covaci

Registered office:

Diamond Hangar,

Long Border Road,

London Stansted Airport

Stansted

Essex

CM24 1RE

Registered number:

09093118 (England and Wales)

Accountants:

Benjamin Taylor Diner Limited

120 New Cavendish Street,

London

W1W 6XX

Fixed assets

Tangible assets

5

119,777

171,890

Current assets

Debtors

6

1,565,897

623,450

Cash at bank

29,013

38,337

1,594,910

661,787

Creditors

Amounts falling due within one year

7

(827,363

)

(613,236

)

Net current assets

767,547

48,551

Total assets less current liabilities

887,324

220,441

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

887,224

220,341

Shareholders' funds

887,324

220,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 12 September 2025 and were signed on its behalf by:

Ms A Covaci - Director

1.	Statutory information

The Company is a private company limited by shares, incorporated in England and Wales. Its registered office is The Diamond Hangar, Long Border Road, London Stansted Airport, Stansted, Essex CM24 1RE.

The principal activity of the company in the year under review was that of hospitality, concierge and handling services supplied to customers in the aviation industry.

2.	Statement of compliance

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 are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

3.	Accounting policies

Basis of preparing the financial statements

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.

Improvements to property

-

Over the life of the lease

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade debtors and creditors, loans from banks and other third parties, and loans to and from related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the

company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

4.	Employees and directors

The average number of employees during the year was 5 (2023 - 7 ) .

5.	Tangible fixed assets

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2024

and 31 December 2024

410,525

385,424

78,327

12,494

886,770

Depreciation

At 1 January 2024

298,610

335,646

69,061

11,563

714,880

Charge for year

37,002

12,444

2,357

310

52,113

At 31 December 2024

335,612

348,090

71,418

11,873

766,993

Net book value

At 31 December 2024

74,913

37,334

6,909

621

119,777

At 31 December 2023

111,915

49,778

9,266

931

171,890

6.

Debtors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade debtors

139,238

155,736

Other debtors

1,426,659

467,714

1,565,897

623,450

7.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade creditors

249,649

258,061

Taxation and social security

63,480

27,291

Other creditors

514,234

327,884

827,363

613,236

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

Called-up share capital represents the nominal value of shares that have been issued.

9.

Reserves

Retained

earnings

£

At 1 January 2024

220,341

Profit for the year

666,883

At 31 December 2024

887,224

The retained earnings reserve records retained earnings and accumulated losses.

10.	Related party disclosures

11.	Ultimate controlling party