| Registered number: 03028116 | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| Prepared By: | ||||||||
| IUVO Services Limited | ||||||||
| Chartered Accountants | ||||||||
| 10 The Crescent | ||||||||
| Little Leighs | ||||||||
| Chelmford | ||||||||
| Essex | ||||||||
| CM3 1LY | ||||||||
| Burwood Aviation Supplies Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Dorset | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 03028116 | ||||||||
| ACCOUNTANTS | ||||||||
| IUVO Services Limited | ||||||||
| Chartered Accountants | ||||||||
| 10 The Crescent | ||||||||
| Little Leighs | ||||||||
| Chelmford | ||||||||
| Essex | ||||||||
| CM3 1LY | ||||||||
| Burwood Aviation Supplies Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/03/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Burwood Aviation Supplies Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 4,951,056 | 4,618,811 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT ASSETS | 3,997,170 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 8 | |||||||||
| Profit and loss account | 5,191,510 | 4,904,853 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Burwood Aviation Supplies Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | reducing balance 15% | |||||||
| Motor Cars | reducing balance 25% | |||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 1e. Foreign Currency | ||||||||
| Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. | ||||||||
| 1f. Leases | ||||||||
| Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. | ||||||||
| Burwood Aviation Supplies Limited | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 4 | |||||
| 3. TANGIBLE FIXED ASSETS | ||||||||
| Land And | Plant and | |||||||
| Buildings | Machinery | Motor Cars | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| At 01/04/2024 | 885,393 | 37,666 | 49,950 | 973,009 | ||||
| At 31/03/2025 | 885,393 | 37,666 | 49,950 | 973,009 | ||||
| Depreciation | ||||||||
| At 01/04/2024 | - | 30,348 | 28,878 | 59,226 | ||||
| For the year | - | 1,098 | 5,268 | 6,366 | ||||
| At 31/03/2025 | - | 31,446 | 34,146 | 65,592 | ||||
| Net Book Amounts | ||||||||
| At 31/03/2025 | 907,417 | |||||||
| At 31/03/2024 | 913,783 | |||||||
| 4. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| 5. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 410,632 | 573,949 | ||||||
| Other debtors | 555 | 10,489 | ||||||
| 411,187 | 584,438 | |||||||
| Burwood Aviation Supplies Limited | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 248,437 | 283,327 | ||||||
| VAT | 2,792 | 3,637 | ||||||
| PAYE control | 138 | 138 | ||||||
| Directors current account | 1,891 | 1,977 | ||||||
| Bank loans and overdrafts | 3,195 | 4,684 | ||||||
| Trade creditors | 360,994 | 235,305 | ||||||
| Other creditors | 38,535 | 86,881 | ||||||
| Accruals | 5,881 | 5,692 | ||||||
| 661,863 | 621,641 | |||||||
| 7. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Deferred taxation | 5,000 | 6,000 | ||||||
| 5,000 | 6,000 | |||||||
| 8. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 95 | 95 | |||||||
| 5 | 5 | |||||||
| 100 | 100 | |||||||
| 9. CONTROLLING PARTY | ||||||||
| The company is controlled by D R Golding. | ||||||||
| 10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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