REGISTERED NUMBER: 04488440 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

CATALINA AIRCRAFT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I K Brookes

J D Boyling

M Lowes

SECRETARY:

I K Brookes

REGISTERED OFFICE:

Duxford Airfield

Cambridge

Cambridgeshire

CB22 4QR

REGISTERED NUMBER:

04488440 (England and Wales)

ACCOUNTANTS:

Chater Allan LLP

Chartered Accountants

7 Quy Court

Colliers Lane

Stow-cum-Quy

Cambridgeshire

CB25 9AU

FIXED ASSETS

Tangible assets

4

950,000

950,000

CURRENT ASSETS

Debtors

5

58,257

110,505

Cash at bank

10,708

9,060

68,965

119,565

CREDITORS

Amounts falling due within one year

6

568,250

543,500

NET CURRENT LIABILITIES

(499,285

)

(423,935

)

TOTAL ASSETS LESS CURRENT LIABILITIES

450,715

526,065

PROVISIONS FOR LIABILITIES

165,000

165,000

NET ASSETS

285,715

361,065

CAPITAL AND RESERVES

Called up share capital

26

25

Revaluation reserve

7

602,259

602,259

Retained earnings

7

(316,570

)

(241,219

)

SHAREHOLDERS' FUNDS

285,715

361,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by:

I K Brookes - Director

1.	STATUTORY INFORMATION

Catalina Aircraft Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

The revaluation model is used to value the aircraft at fair value.

Deferred tax

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 March 2025

and 28 February 2026

950,000

NET BOOK VALUE

At 28 February 2026

950,000

At 28 February 2025

950,000

Cost or valuation at 28 February 2026 is represented by:

Plant and

machinery

etc

£

Valuation in 2025

602,259

Cost

347,741

950,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

58,257

110,505

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other creditors

568,250

543,500

Included in Other creditors are Shareholders loans of £465,250 which are non-interest bearing and only repayable if the shareholder sells their shares, and would then be replaced by a new equivalent loan from the new shareholder.

7.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 March 2025

(241,219

)

602,259

361,040

Deficit for the year

(75,351

)

(75,351

)

At 28 February 2026

(316,570

)

602,259

285,689

8.	RELATED PARTY DISCLOSURES

9.	FINANCIAL SUPPORT

The directors have agreed to defer repayment of their loans until all third party debt is met in full.