Advanced Flying (London) Ltd

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

Registered number: 06502032

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,724		-

			1,724		-
CURRENT ASSETS
Debtors	5	299		1,754
Cash at bank and in hand		4,462		5,283

		4,761		7,037
Creditors: Amounts Falling Due Within One Year	6	(319,642 )		(311,401 )

NET CURRENT ASSETS (LIABILITIES)			(314,881 )		(304,364 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(313,157 )		(304,364 )

NET LIABILITIES			(313,157 )		(304,364 )

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			(313,159 )		(304,366 )

SHAREHOLDERS' FUNDS			(313,157)		(304,364)

For the year ending 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

M L Audet

Director

19 December 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Advanced Flying (London) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06502032 . The registered office is 20-22 Wenlock Road, London, N1 7GU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on a going concern basis.

Despite the net liabilities at the year end, the directors have expressed their willingness to continue to support

the company financially for the foreseeable future.

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover represents the sale of goods and services exclusive of VAT. Where services are performed gradually over time, revenue is recognised as the activity progresses.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Aeroplane 10% straight line

Plant & Machinery	25% straight line
Computer Equipment	33% on cost

2.4. Taxation

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

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	155,020	2,977	157,997
Additions	-	2,573	2,573

As at 31 March 2025	155,020	5,550	160,570

Depreciation
As at 1 April 2024	155,020	2,977	157,997
Provided during the period	-	849	849

As at 31 March 2025	155,020	3,826	158,846

Net Book Value
As at 31 March 2025	-	1,724	1,724

As at 1 April 2024	-	-	-

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Advanced Flying (London) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	299	1,754

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	283	260
Directors' loan accounts	319,359	311,141

	319,642	311,401

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

8. Related Party Transactions

Directors loan

Those loans are interest free, unsecured and have no specified date for repayment.

9. Ultimate Controlling Party

There is no ultimate controlling party for the company.