Six Miles Across London Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09016246 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Six Miles Across London Limited

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

Report of the Accountants

9

DIRECTORS:

H Sandhu

A Wu-Sandhu

REGISTERED OFFICE:

c/o Canny & Associates

30 Moorgate

London

EC2R 6PJ

REGISTERED NUMBER:

09016246 (England and Wales)

ACCOUNTANTS:

Canny & Associates Ltd

Chartered Certified Accountants

30 Moorgate

London

EC2R 6PJ

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of management and consultancy services to it's subsidiary companies.

REVIEW OF BUSINESS

The Group's technology start-ups had a busy year.

Our Aviation & Defence Tech business, Urban-Air Port closed its Series A fundraise at a company valuation of $43M backed by Hyundai Motor Group and Supernal their eVTOL division based in California, USA.

Our autonomous urban transit tech, AI's killer application Urban.MASS expanded its global patent portfolio and launched its Pre Series A fundraise at a valuation of $13M backed by FLOWW Capital Markets a LSEG Company.

Rich in IP, the Group continues its mission to transform the urban and battlefield environment through its patented technologies.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

H Sandhu

A Wu-Sandhu

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:

H Sandhu - Director

26 September 2025

FIXED ASSETS

Tangible assets

4

-

841

Investments

5

150,002

-

150,002

841

CURRENT ASSETS

Debtors

6

2,469

2,748

Cash at bank

23,811

4,574

26,280

7,322

CREDITORS

Amounts falling due within one year

7

30,714

32,973

NET CURRENT LIABILITIES

(4,434

)

(25,651

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

145,568

(24,810

)

CREDITORS

Amounts falling due after more than
one year

8

26,624

31,229

NET ASSETS/(LIABILITIES)

118,944

(56,039

)

CAPITAL AND RESERVES

Called up share capital

500

Retained earnings

118,444

(56,539

)

118,944

(56,039

)

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 26 September 2025 and were signed on its behalf by:

H Sandhu - Director

1.	STATUTORY INFORMATION

Six Miles Across London 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.

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.

Office equipment

-

33% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiaries are measured at cost less accumulated impairment.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Computer

equipment

fittings

equipment

Totals

£

COST

At 1 January 2024

and 31 December 2024

3,898

2,521

3,250

9,669

DEPRECIATION

At 1 January 2024

3,898

1,680

3,250

8,828

Charge for year

-

841

-

841

At 31 December 2024

3,898

2,521

3,250

9,669

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

841

-

841

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

236,624

PROVISIONS

At 1 January 2024

236,624

Provision written back

(150,002

)

At 31 December 2024

86,622

NET BOOK VALUE

At 31 December 2024

150,002

At 31 December 2023

-

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Urban Air Port Limited

Registered office: United Kingdom

Nature of business: Urban air mobility development

%

Class of shares:

holding

Ordinary

70.77

31.12.24

31.12.23

£

Aggregate capital and reserves

265,457

(1,066,358

)

(Loss)/profit for the year

(649,701

)

784,059

Urban.Mass Limited

Registered office: United Kingdom

Nature of business: Mass transportation design

%

Class of shares:

holding

Ordinary

86.67

31.12.24

31.12.23

£

Aggregate capital and reserves

(249,318

)

774

Loss for the year

(330,096

)

(127,444

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Amounts owed by group undertakings

2,469

Other debtors

-

279

2,469

2,748

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

6,556

Trade creditors

611

-

Amounts owed to group undertakings

11,538

Taxation and social security

2,940

-

Other creditors

9,069

14,879

30,714

32,973

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.12.24

31.12.23

£

Bank loans

26,624

31,229

9.	ULTIMATE CONTROLLING PARTY

In the directors opinion the company is controlled by Mr H Sandhu.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Canny & Associates Ltd

Chartered Certified Accountants

30 Moorgate

London

EC2R 6PJ

26 September 2025