REGISTERED NUMBER: OC377374 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HELITRIP CHARTER LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S Patterson

Estate of P S Jones

REGISTERED OFFICE:

Kingsland House

39 Abbey Foregate

Shrewsbury

Shropshire

SY2 6BL

REGISTERED NUMBER:

OC377374 (England and Wales)

ACCOUNTANTS:

D.R.E. & Co. Limited

Chartered Accountants

Kingsland House

39 Abbey Foregate

Shrewsbury

Shropshire

SY2 6BL

FIXED ASSETS

Tangible assets

3

3,645,596

3,645,832

CURRENT ASSETS

Debtors

4

69,443

61,423

Cash at bank and in hand

4,496

4,249

73,939

65,672

CREDITORS

Amounts falling due within one year

5

35,772

5,979

NET CURRENT ASSETS

38,167

59,693

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

3,683,763

3,705,525

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

3,683,763

3,705,525

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

3,683,763

3,705,525

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 12 December 2025 and were signed by:

S Patterson - Designated member

1.	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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover 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 & Equipment - 25% Reducing Balance

2.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

Aircraft

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

22,341

5,471,550

5,493,891

DEPRECIATION

At 1 April 2024

21,397

1,826,662

1,848,059

Charge for year

236

-

236

At 31 March 2025

21,633

1,826,662

1,848,295

NET BOOK VALUE

At 31 March 2025

708

3,644,888

3,645,596

At 31 March 2024

944

3,644,888

3,645,832

Cost or valuation at 31 March 2025 is represented by:

Plant and

machinery

Aircraft

Totals

£

£

£

Valuation in 2021

-

1,384,220

1,384,220

Cost

22,341

4,087,330

4,109,671

22,341

5,471,550

5,493,891

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

60,389

50,229

VAT

-

953

Prepayments

9,054

10,241

69,443

61,423

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

21,574

4,077

VAT

12,023

-

Accrued expenses

2,175

1,902

35,772

5,979

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

£

Amounts owed to members in respect of profits

3,683,763

3,705,525

Falling due within one year

3,683,763

3,705,525

It is the policy of the members not to draw profits in preference of other creditors. There is no protection afforded to creditors.