REDHILL AIR SERVICES LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 3277911

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		349,465		349,465

			349,465		349,465
CURRENT ASSETS
Debtors	5	69,820		63,820
Cash at bank and in hand		4		4

		69,824		63,824
Creditors: Amounts Falling Due Within One Year	6	(78,389 )		(74,052 )

NET CURRENT ASSETS (LIABILITIES)			(8,565 )		(10,228 )

TOTAL ASSETS LESS CURRENT LIABILITIES			340,900		339,237

Creditors: Amounts Falling Due After More Than One Year	7		(141,577 )		(141,577 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,178 )		(11,178 )

NET ASSETS			188,145		186,482

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			188,143		186,480

SHAREHOLDERS' FUNDS			188,145		186,482

Page 1

Page 2

REDHILL AIR SERVICES LIMITED

Balance Sheet (continued)

As At 30 November 2024

For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A GOMES

Director

29/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

REDHILL AIR SERVICES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 3277911 . The registered office is 127 LEBANON ROAD, CROYDON, CR0 6UU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	20% straight line
Plant & Machinery	25% straight line
Motor Vehicles	25% straight line
Fixtures & Fittings	Nil

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Sales, marketing and distribution	1	1

	1	1

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 December 2023	15,199	6,915	14,038	403,486	439,638

As at 30 November 2024	15,199	6,915	14,038	403,486	439,638

Depreciation
As at 1 December 2023	15,200	6,915	14,038	54,020	90,173

As at 30 November 2024	15,200	6,915	14,038	54,020	90,173

Net Book Value
As at 30 November 2024	(1 )	-	-	349,466	349,465

As at 1 December 2023	(1 )	-	-	349,466	349,465

Page 3

Page 4

REDHILL AIR SERVICES LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	69,820	57,820
Other debtors (9)	-	6,000

	69,820	63,820

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	65,379	65,379
Trade creditors	(1 )	(1 )
Director's loan account	13,011	8,674

	78,389	74,052

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	122,936	122,936
Directors loan account	18,641	18,641

	141,577	141,577

8. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	65,379	65,379
Later than one year and not later than five years	122,936	122,936

	188,315	188,315

	188,315	188,315

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

Page 4