The Light Aircraft Company Ltd,Ltd - AccountsLtd

For the year ended 31 March 2025

The Light Aircraft Company Ltd

Directors' Report

The directors present their report and financial statements for the year ended 31 March 2025.

Principal activities

The principal activity of the company is that of aircraft manufacture, sales and maintenance.

Directors

The directors who served the company throughout the year were as follows:

Mrs B J Smith

Mr P R Hendry-Smith

Mr H I Smith

Mr P R Hendry-Smith

Signed on behalf of the board of directors

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Date:

14 November 2025

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For the year ended 31 March 2025

The Light Aircraft Company Ltd

Independent Accountants' Report

As described on the Statement of Financial Position you are responsible for the preparation of the financial

statements for the year ended 31 March 2025 and you consider that the company is exempt from an audit under the

Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements

in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and

explanations supplied to us.

Thain Wildbur (Fakenham) LLP

Accountants and Taxation Advisers

23 Market Place

Fakenham

Norfolk

NR21 9BS

Date:

14 November 2025

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For the year ended 31 March 2025

The Light Aircraft Company Ltd

Income Statement

2024

2025

Turnover

813,741

1,250,133

(1,035,076)

Cost of sales

(579,678)

215,057

Gross profit

234,063

Administrative expenses

(340,584)

(256,162)

Other operating income

6,003

Operating loss

(106,521)

(35,102)

46,836

Income from participating interests

Other interest receivable and similar income

2,652

2,747

(57,033)

(32,355)

(57,033)

(32,355)

Loss before taxation

(1,444)

(11,665)

Taxation

(58,477)

Loss for the financial year

(44,020)

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Registered Number :

03324556

As at 31 March 2025

The Light Aircraft Company Ltd

Statement of Financial Position

2024

2025

Fixed assets

Intangible assets

15,160

19,342

Property, plant and equipment

423,945

464,220

439,105

483,562

Current assets

Inventories

646,017

702,320

Trade and other receivables

86,024

200,459

386,036

Cash and cash equivalents

249,727

1,152,506

1,118,077

Trade and other payables: amounts falling due within one

year

(333,016)

(381,465)

785,061

771,041

Net current assets

Total assets less current liabilities

1,210,146

1,268,623

Trade and other payables: amounts falling due after more

than one year

(9,000)

(88,202)

Provisions for liabilities

1,112,944

Net assets

1,171,421

Capital and reserves

Called up share capital

45,000

Revaluation reserve

7,589

Retained earnings

1,060,355

1,118,832

1,112,944

1,171,421

Shareholders' funds

For the 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.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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 in accordance with the provisions applicable to companies subject to the small companies regime.

Mr P R Hendry-Smith

These financial statements were approved and authorised for issue by the Board on 14 November 2025 and were signed by:

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For the year ended 31 March 2025

The Light Aircraft Company Ltd

Notes to the Financial Statements

Statutory Information

The Light Aircraft Company Ltd is a private limited company, limited by shares, domiciled in England and Wales,

registration number 03324556.

Registered address:

23 Market Place

Fakenham

Norfolk

NR21 9BS

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

1. Average number of persons employed

During the year the average number of employees was 13 (2024 : 17)

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