Company registration number: 10507142
Unaudited financial statements
for the year ended 31 December 2024
for
British Aviation Academy Ltd
Pages for filing with the Registrar
British Aviation Academy Ltd
Accountants' Report to the Director for the preparation of the unaudited financial
statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of British Aviation Academy Ltd for the year ended 31 December 2024 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Director of British Aviation Academy Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of British Aviation Academy Ltd and state those matters that we have agreed to state to them in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than British Aviation Academy Ltd and its Director for our work, or for this report.
It is your duty to ensure that British Aviation Academy Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of British Aviation Academy Ltd. You consider that British Aviation Academy Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of British Aviation Academy Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Tryphonas Stavrou
35 Uplands Way
London
N21 1DH
United Kingdom
Date: 30 September 2025
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Company registration number: 10507142
British Aviation Academy Ltd
Balance sheet
as at 31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 147,200 -
147,200 -
Current assets
Stocks - 37,000
Debtors 198,825 179,605
Cash at bank and in hand 55,886 6,652
254,711 223,257
Creditors: amounts falling due within one
year 		(136,097) (74,517)
Net current assets 118,614 148,740
Total assets less current liabilities 265,814 148,740
Creditors: Amounts falling due after more
than one year 		(243,245) (143,645)
Accruals and deferred income (1,400) (1,400)
NET ASSETS 21,169 3,695
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 20,169 2,695
TOTAL EQUITY 21,169 3,695
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10507142
British Aviation Academy Ltd
Balance sheet - continued
as at 31 December 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr A Willis, Director
30 September 2025
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British Aviation Academy Ltd
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
British Aviation Academy Ltd is a private company registered in England and Wales. Its registered number is 10507142. The company is limited by shares. Its registered office is The Hangar, Fowlmere Airfield,, Royston, SG8 7SH.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 10% straight line
Motor vehicles - 10% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 4 (2023 - 4).
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British Aviation Academy Ltd
Notes to the financial statements - continued
for the year ended 31 December 2024
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
Additions 163,565
At 31 December 2024 163,565
Depreciation
Charge for year 16,365
At 31 December 2024 16,365
Net book value
At 31 December 2024 147,200
At 31 December 2023 -
If ENTER REVALUED CLASS had not been revalued, it would have been included at the following historical cost:
2024 2023
£ £
Cost 163,565 -
Accumulated depreciation 16,364 -
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