Company Registration No. 09572844 (England and Wales)
Skyfly Air Limited
Unaudited accounts
for the year ended 31 May 2025
Skyfly Air Limited
Unaudited accounts
Contents
Skyfly Air Limited
Company Information
for the year ended 31 May 2025
Company Number
09572844 (England and Wales)
Registered Office
Mount Offham
Teston Road
West Malling
Kent
ME19 5PG
Accountants
Times Accountancy Services Limited
Alcala
Rectory Lane
Woodmansterne
Surrey
SM7 3NY
Skyfly Air Limited
Statement of financial position
as at 31 May 2025
Tangible assets
250,000
250,000
Cash at bank and in hand
17,722
4,494
Creditors: amounts falling due within one year
(2,605)
(3,149)
Net current assets
153,888
137,761
Total assets less current liabilities
403,888
387,761
Creditors: amounts falling due after more than one year
(384,498)
(346,998)
Called up share capital
5
5
Revaluation reserve
25,000
25,000
Profit and loss account
(5,615)
15,758
Shareholders' funds
19,390
40,763
For the year ending 31 May 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2025 and were signed on its behalf by
M J Thompson
Director
Company Registration No. 09572844
Skyfly Air Limited
Notes to the Accounts
for the year ended 31 May 2025
Skyfly Air Limited is a private company, limited by shares, registered in England and Wales, registration number 09572844. The registered office is Mount Offham, Teston Road, West Malling, Kent, ME19 5PG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of the company's plant and equipment
.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at directors' valuation at the balance sheet date.
4
Tangible fixed assets
Plant & machinery
The company's equipment was valued by the director at the balance sheet date.
Skyfly Air Limited
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
100,000
100,000
Other debtors
30,761
30,761
Amounts due after more than one year
130,761
130,761
6
Creditors: amounts falling due within one year
2025
2024
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
384,498
346,998
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5
5
9
Transactions with related parties
Amounts due to related parties at the balance sheet date £52,500 (2024-£45,000).
There is no one controlling party.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).