REGISTERED NUMBER: 04815121 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

SKYTECH HELICOPTERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M J Lovell

REGISTERED OFFICE:

5 Alexander Court

Irchester

Northamptonshire

NN29 7EL

REGISTERED NUMBER:

04815121 (England and Wales)

ACCOUNTANT:

Andrew W Berens FCA.

Chartered Accountant

48 Ringley Drive

Whitefield

Manchester

M45 7LR

BANKERS:

NatWest Bank Plc

40 Market Street

Wellingborough

Northamptonshire

NN8 1AD

FIXED ASSETS

Property, plant and equipment

4

4,874

2,303

CURRENT ASSETS

Inventories

175,587

169,764

Debtors

5

162,233

30,075

Cash at bank

148,621

152,692

486,441

352,531

CREDITORS

Amounts falling due within one year

6

(172,201

)

(124,442

)

NET CURRENT ASSETS

314,240

228,089

TOTAL ASSETS LESS CURRENT LIABILITIES

319,114

230,392

PROVISIONS FOR LIABILITIES

(545

)

(545

)

NET ASSETS

318,569

229,847

CAPITAL AND RESERVES

Called up share capital

52

52

Retained earnings

318,517

229,795

SHAREHOLDERS' FUNDS

318,569

229,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 4 December 2025 and were signed by:

Mr M J Lovell - Director

1.	STATUTORY INFORMATION

Skytech Helicopters 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

Revenue 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 etc

-

33% on cost, 20% on reducing balance and 15% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 5 (2024 - 5 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 July 2024

55,544

Additions

4,532

At 30 June 2025

60,076

DEPRECIATION

At 1 July 2024

53,241

Charge for year

1,961

At 30 June 2025

55,202

NET BOOK VALUE

At 30 June 2025

4,874

At 30 June 2024

2,303

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

141,750

5,698

Other debtors

530

652

Prepayments

19,953

23,725

162,233

30,075

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

18,399

30,541

Tax

42,549

9,123

Social security and other taxes

2,496

1,894

VAT

68,378

54,967

Company Credit Card

5,011

2,177

Pension

853

2,022

Directors' current accounts

32,990

22,263

Accrued expenses

1,525

1,455

172,201

124,442

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The amount owed by the company to the director at 30th June 2025 was £32,990 (2024 - £22,263) This amount is interest free and repayable on demand.