REGISTERED NUMBER: 03180760 (England and Wales)

Sywell Aviation Limited

Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Sywell Aerodrome,Limited

M H Bletsoe-Brown

Mrs J Jones

SECRETARY:

Mrs J Jones

REGISTERED OFFICE:

Hall Farm

Sywell Aerodrome

Sywell

Northampton

Northamptonshire

NN6 0BN

REGISTERED NUMBER:

03180760 (England and Wales)

AUDITORS:

Kilby Fox

Statutory Auditor

4 Pavilion Court

600 Pavilion Drive

Northampton Business Park

Northampton

Northamptonshire

NN4 7SL

BANKERS:

Santander Corporate Banking

Santander House

AHMG83

201 Grafton Gate East

Milton Keynes

MK9 1AN

FIXED ASSETS

Tangible assets

4

57,020

75,403

CURRENT ASSETS

Stocks

19,091

129,983

Debtors

5

1,446,966

1,190,824

Cash at bank and in hand

43,743

56,699

1,509,800

1,377,506

CREDITORS

Amounts falling due within one year

6

367,155

371,952

NET CURRENT ASSETS

1,142,645

1,005,554

TOTAL ASSETS LESS CURRENT LIABILITIES

1,199,665

1,080,957

PROVISIONS FOR LIABILITIES

13,643

18,851

NET ASSETS

1,186,022

1,062,106

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,186,020

1,062,104

SHAREHOLDERS' FUNDS

1,186,022

1,062,106

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 18 September 2025 and were signed on its behalf by:

M H Bletsoe-Brown - Director

Mrs J Jones - Director

1.	STATUTORY INFORMATION

Sywell Aviation 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.

Plant and machinery

-

25% on reducing balance and 4% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

machinery

etc

£

COST

At 1 April 2024

510,918

Disposals

(32,589

)

At 31 March 2025

478,329

DEPRECIATION

At 1 April 2024

435,515

Charge for year

18,384

Eliminated on disposal

(32,590

)

At 31 March 2025

421,309

NET BOOK VALUE

At 31 March 2025

57,020

At 31 March 2024

75,403

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

69,969

104,504

Amounts owed by group undertakings

1,202,246

915,038

Other debtors

486

-

Prepayments and accrued income

174,265

171,282

1,446,966

1,190,824

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

192,386

206,440

Corporation tax

56,552

52,871

Social security and other taxes

5,273

10,040

Wages control account

3,257

2,052

VAT

26,792

25,980

Other creditors

21,131

9,802

Accruals and deferred income

61,764

64,767

367,155

371,952

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Frances Tebbutt ACA FCCA FMAAT (Senior Statutory Auditor)

for and on behalf of Kilby Fox

8.	RELATED PARTY DISCLOSURES

The company is claiming the exemption under paragraph 33.1A of FRS102 from disclosing transactions between wholly owned subsidiaries.

9.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Sywell Aerodrome Limited, a company registered in the United Kingdom.