Aertek Limited 7121314 false 2025-02-01 2026-01-31 2026-01-31 The principal activity of the company is sale of aircraft components. Digita Accounts Production Advanced 6.30.9574.0 true 7121314 2025-02-01 2026-01-31 7121314 2026-01-31 7121314 bus:OrdinaryShareClass1 2026-01-31 7121314 core:RetainedEarningsAccumulatedLosses 2026-01-31 7121314 core:ShareCapital 2026-01-31 7121314 core:CurrentFinancialInstruments 2026-01-31 7121314 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 7121314 core:FurnitureFittings 2026-01-31 7121314 bus:SmallEntities 2025-02-01 2026-01-31 7121314 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 7121314 bus:FilletedAccounts 2025-02-01 2026-01-31 7121314 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 7121314 bus:RegisteredOffice 2025-02-01 2026-01-31 7121314 bus:CompanySecretaryDirector1 2025-02-01 2026-01-31 7121314 bus:Director2 2025-02-01 2026-01-31 7121314 bus:OrdinaryShareClass1 2025-02-01 2026-01-31 7121314 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 7121314 bus:Agent1 2025-02-01 2026-01-31 7121314 core:FurnitureFittings 2025-02-01 2026-01-31 7121314 core:OfficeEquipment 2025-02-01 2026-01-31 7121314 countries:England 2025-02-01 2026-01-31 7121314 2025-01-31 7121314 core:FurnitureFittings 2025-01-31 7121314 2024-02-01 2025-01-31 7121314 2025-01-31 7121314 bus:OrdinaryShareClass1 2025-01-31 7121314 core:RetainedEarningsAccumulatedLosses 2025-01-31 7121314 core:ShareCapital 2025-01-31 7121314 core:CurrentFinancialInstruments 2025-01-31 7121314 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 7121314 core:FurnitureFittings 2025-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 7121314

Aertek Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2026

Aertek Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Aertek Limited

Company Information

Directors | Mr P Smithin Mrs K Smithin

Company secretary | Mr P Smithin

Registered office | Wellesley House 204 London Road Waterlooville Hampshire England PO7 7AN

Accountants | MMO Limited Chartered AccountantsWellesley House 204 London Road Waterlooville Hampshire PO7 7AN

Aertek Limited

(Registration number: 7121314)
Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 1,908 | 1,683
Other financial assets |  | 497,791 | 410,273
|  | 499,699 | 411,956
Current assets |  |  |
Stocks |  | 386,938 | 47,218
Debtors | 6 | 39,515 | 195,736
Cash at bank and in hand |  | 206,888 | 426,860
|  | 633,341 | 669,814
Creditors: Amounts falling due within one year | 7 | (67,369) | (22,901)
Net current assets |  | 565,972 | 646,913
Total assets less current liabilities |  | 1,065,671 | 1,058,869
Provisions for liabilities |  | (477) | (421)
Net assets |  | 1,065,194 | 1,058,448
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 1,065,094 | 1,058,348
Shareholders' funds |  | 1,065,194 | 1,058,448

Aertek Limited

(Registration number: 7121314)
Balance Sheet as at 31 January 2026

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 March 2026 and signed on its behalf by:

......................................... Mr P Smithin Company secretary and director

Aertek Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN
England

These financial statements were authorised for issue by the Board on 16 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

All figures are presented in British Sterling, which is the functional currency of the company, and are rounded to the nearest £1.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Aertek Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | 25% reducing balance basis
Office equipment | 33% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Aertek Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Aertek Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 2).

Aertek Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4 | Tangible assets

| Fixtures and fittings £ | Total £
Cost or valuation
At 1 February 2025 | 15,663 | 15,663
Additions | 1,373 | 1,373
At 31 January 2026 | 17,036 | 17,036
Depreciation
At 1 February 2025 | 13,980 | 13,980
Charge for the year | 1,148 | 1,148
At 31 January 2026 | 15,128 | 15,128
Carrying amount
At 31 January 2026 | 1,908 | 1,908
At 31 January 2025 | 1,683 | 1,683

5 | Investments

Other investments

The market value of the listed investments at 31 January 2026 was £497,792 (2025 - £410,274).

6 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 39,547 | 3,502
Other debtors | (32) | 192,234
| 39,515 | 195,736

Aertek Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | 27,680 | 19,901
Accruals and deferred income | 39,689 | 3,000
| 67,369 | 22,901

8 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100