Company registration number 14474977 (England and Wales)
ASAP AVIATION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
ASAP AVIATION LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
ASAP AVIATION LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ASAP AVIATION LIMITED FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ASAP Aviation Limited for the year ended 31 March 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of ASAP Aviation Limited, as a body, in accordance with the terms of our engagement letter dated 15 November 2022. Our work has been undertaken solely to prepare for your approval the financial statements of ASAP Aviation Limited and state those matters that we have agreed to state to the b oard of d irectors of ASAP Aviation Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ASAP Aviation Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that ASAP Aviation Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ASAP Aviation Limited. You consider that ASAP Aviation Limited 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 financial statements of ASAP Aviation Limited. 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 f inancial statements.

Malcolm Piper & Company Limited
Chartered Accountants
Kingsnorth House
Blenheim Way
Birmingham
West Midlands
B44 8LS
United Kingdom
23 October 2025
ASAP AVIATION LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
183,184
248,034
Cash at bank and in hand
216,927
103,484
400,111
351,518
Creditors: amounts falling due within one year
4
(362,489)
(292,858)
Net current assets
37,622
58,660
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
37,522
58,560
Total equity
37,622
58,660

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 23 October 2025
Mr M R Willetts
Director
Company registration number 14474977 (England and Wales)
ASAP AVIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

ASAP Aviation Limited is a private company limited by shares incorporated in England and Wales. The registered office is Kingsnorth House, Blenheim Way, Birmingham, West Midlands, B44 8LS.

1.1
Reporting period

Last year the director extended the company's financial reporting period so as to be coterminous with other group companies. The comparative figures are therefore for a 15 month period, and so are not really comparable with the current 12 month period.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences.

ASAP AVIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.7
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
7
5
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
180,887
248,034
Other debtors
2,297
-
0
183,184
248,034
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
193,353
174,810
Amounts owed to group undertakings
122,484
58,882
Corporation tax
11,791
29,814
Other taxation and social security
30,979
25,842
Other creditors
3,882
3,510
362,489
292,858
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
90
90
90
90
Ordinary B shares of £1 each
10
10
10
10
100
100
100
100
ASAP AVIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
6
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Name of related party
Nature of relationship
ASAP Express Limited
Fellow subsidiary
Description of
Income
Payments
transaction
2025
2024
2025
2024
£
£
£
£
ASAP Express Limited
Management charges
-
0
-
0
78,000
39,000
Balances with related parties
Amounts owed by
Amounts owed to
related parties
related parties
2025
2024
2025
2024
£
£
£
£
As Soon As Possible Group Limited
-
0
-
0
146,281
157,713
ASAP Express (Bristol) Limited
-
0
-
0
38,486
41,642
ASAP Express Limited
54,208
167,082
-
0
-
0
ASAP Sales Limited
8,075
-
0
-
0
26,609
7
Parent company

The company is a subsidiary of As Soon As Possible Group Limited, which is registered in England and Wales, and whose registered office is Kingsnorth House, Blenheim Way, Birmingham, West Midlands, B44 8LS.

2025-03-31 2024-04-01 false false false 23 October 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr Michael Rafe Willetts 14474977 2024-04-01 2025-03-31 14474977 2025-03-31 14474977 2024-03-31 14474977 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 14474977 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14474977 core:ShareCapital 2025-03-31 14474977 core:ShareCapital 2024-03-31 14474977 core:RetainedEarningsAccumulatedLosses 2025-03-31 14474977 core:RetainedEarningsAccumulatedLosses 2024-03-31 14474977 core:ShareCapitalOrdinaryShareClass1 2025-03-31 14474977 core:ShareCapitalOrdinaryShareClass1 2024-03-31 14474977 core:ShareCapitalOrdinaryShareClass2 2025-03-31 14474977 core:ShareCapitalOrdinaryShareClass2 2024-03-31 14474977 core:ShareCapitalOrdinaryShares 2025-03-31 14474977 core:ShareCapitalOrdinaryShares 2024-03-31 14474977 bus:Director1 2024-04-01 2025-03-31 14474977 2023-01-01 2024-03-31 14474977 core:CurrentFinancialInstruments 2025-03-31 14474977 core:CurrentFinancialInstruments 2024-03-31 14474977 core:WithinOneYear 2025-03-31 14474977 core:WithinOneYear 2024-03-31 14474977 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 14474977 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 14474977 bus:OrdinaryShareClass1 2025-03-31 14474977 bus:OrdinaryShareClass1 2024-03-31 14474977 bus:OrdinaryShareClass2 2025-03-31 14474977 bus:OrdinaryShareClass2 2024-03-31 14474977 bus:AllOrdinaryShares 2025-03-31 14474977 bus:AllOrdinaryShares 2024-03-31 14474977 core:OtherGroupMember1 core:ManagementRechargesServices 2024-04-01 2025-03-31 14474977 core:UltimateParent 2024-04-01 2025-03-31 14474977 core:OtherGroupMember2 2024-04-01 2025-03-31 14474977 core:OtherGroupMember1 2024-04-01 2025-03-31 14474977 core:OtherGroupMember3 2024-04-01 2025-03-31 14474977 core:OtherGroupMember1 core:ManagementRechargesServices 2023-01-01 2024-03-31 14474977 core:UltimateParent 2025-03-31 14474977 core:UltimateParent 2024-03-31 14474977 core:OtherGroupMember2 2025-03-31 14474977 core:OtherGroupMember2 2024-03-31 14474977 core:OtherGroupMember1 2025-03-31 14474977 core:OtherGroupMember1 2024-03-31 14474977 core:OtherGroupMember3 2025-03-31 14474977 core:OtherGroupMember3 2024-03-31 14474977 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14474977 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14474977 bus:FRS102 2024-04-01 2025-03-31 14474977 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14474977 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP