REGISTERED NUMBER: 07259671 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2025

FOR

DANSOFT AVIATION SERVICES LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

5

2,800

3,200

Tangible assets

6

3,659

9,937

6,459

13,137

CURRENT ASSETS

Debtors

7

108,098

84,241

Cash at bank and in hand

-

4,816

108,098

89,057

CREDITORS

Amounts falling due within one year

8

120,461

117,508

NET CURRENT LIABILITIES

(12,363

)

(28,451

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,904

)

(15,314

)

CREDITORS

Amounts falling due after more than one year

9

(2,333

)

(7,666

)

PROVISIONS FOR LIABILITIES

13

(252

)

(1,779

)

NET LIABILITIES

(8,489

)

(24,759

)

CAPITAL AND RESERVES

Called up share capital

14

2

2

Retained earnings

(8,491

)

(24,761

)

SHAREHOLDERS' FUNDS

(8,489

)

(24,759

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 January 2026 and were signed by:

Mr D R Taylor - Director

1.	STATUTORY INFORMATION

Dansoft Aviation Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07259671

Registered office:

Banner House

Church Road

Copthorne

Crawley

West Sussex

RH10 3RA

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer Equipment

-

33% on cost

All fixed assets are initially recorded at cost.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 recognized in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions:

Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made wherein the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax onlywhere the replacement assets are sold.

Deferred tax assets are recognized only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating lease agreements

Operating lease charges are shown in the profit and loss account in the year to which they relate.

Going concern

The accounts have been prepared on a going concern basis not withstanding the excess of current liabilities over current assets. The director has confirmed their intention to continue their support to the company for the foreseeable future.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 7 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 June 2024

and 31 May 2025

4,000

AMORTISATION

At 1 June 2024

800

Charge for year

400

At 31 May 2025

1,200

NET BOOK VALUE

At 31 May 2025

2,800

At 31 May 2024

3,200

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 June 2024

14,136

3,000

37,966

55,102

Additions

-

-

440

440

At 31 May 2025

14,136

3,000

38,406

55,542

DEPRECIATION

At 1 June 2024

12,042

750

32,373

45,165

Charge for year

1,241

563

4,914

6,718

At 31 May 2025

13,283

1,313

37,287

51,883

NET BOOK VALUE

At 31 May 2025

853

1,687

1,119

3,659

At 31 May 2024

2,094

2,250

5,593

9,937

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

62,762

35,499

Other debtors

1,688

1,688

Director's current account

18,361

18,082

Tax recoverable

10,962

10,868

VAT

10,450

14,229

Prepayments and accrued income

3,875

3,875

108,098

84,241

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

4,754

3,333

Other loans (see note 10)

-

12,296

Trade creditors

60,923

71,440

Corporation tax

6,580

18,450

PAYE and social security

1,628

1,639

Other creditors

45,355

9,602

Accruals and deferred income

1,221

748

120,461

117,508

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

2,333

7,666

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1,421

-

Bank loans

3,333

3,333

Other loans

-

12,296

4,754

15,629

2025

2024

£

£

Amounts falling due between one and two years:

Bank loans - 1-2 years

2,333

3,333

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

4,333

11.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

15,500

15,500

Between one and five years

6,460

21,960

21,960

37,460

12.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

-

12,296

The Loan is secured personally against the Director's assets.

13.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

252

1,779

Deferred

tax

£

Balance at 1 June 2024

1,779

Provided during year

(1,527

)

Balance at 31 May 2025

252

14.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

15.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Amounts due from director at the balance sheet date total £18,360 (2024: £18,082). Amounts due are unsecured and repayable on demand. Interest has been charged using HM Revenue and Customs' beneficial loan rate.