Aero-Tek (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02762147 (England and Wales)

Aero-Tek (UK) Limited

Financial Statements

for the Year Ended 27 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P A Dunford

Mrs J M Dunford

SECRETARY:

Mr P A Dunford

REGISTERED OFFICE:

Roseneath

263 Barnsley Road

Flockton

Wakefield

West Yorkshire

WF4 4AT

REGISTERED NUMBER:

02762147 (England and Wales)

ACCOUNTANTS:

SMH Jolliffe Cork Ltd

Accountants & Business Advisors

33 George Street

Wakefield

West Yorkshire

WF1 1LX

FIXED ASSETS

Investment property

4

1,815,000

CURRENT ASSETS

Debtors

5

326,229

378,470

Cash at bank

59,771

104,888

386,000

483,358

CREDITORS

Amounts falling due within one year

6

65,038

66,904

NET CURRENT ASSETS

320,962

416,454

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,135,962

2,231,454

CREDITORS

Amounts falling due after more than one
year

7

(262,500

)

(372,500

)

PROVISIONS FOR LIABILITIES

(107,629

)

(107,629

)

NET ASSETS

1,765,833

1,751,325

CAPITAL AND RESERVES

Called up share capital

9

100

Fair value reserve

659,569

Retained earnings

1,106,164

1,091,656

SHAREHOLDERS' FUNDS

1,765,833

1,751,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 July 2025 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 24 March 2026 and were signed on its behalf by:

Mrs J M Dunford - Director

Mr P A Dunford - Director

1.	STATUTORY INFORMATION

Aero-Tek (UK) 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 (£).

All financial information presented has been rounded to the nearest £, unless otherwise stated.

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.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 28 July 2024

and 27 July 2025

1,815,000

NET BOOK VALUE

At 27 July 2025

1,815,000

At 27 July 2024

1,815,000

The directors are of the opinion that the current carrying value of the investment properties are a fair reflection of the market value in the current climate.

The historic cost of the investment properties is £1,042,802.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

18,193

16,657

Amounts owed by connected parties

169,824

159,824

Other debtors

39,705

63,705

Directors' current accounts

93,583

133,583

VAT

4

-

Prepayments and accrued income

4,920

4,701

326,229

378,470

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

30,000

Trade creditors

7,473

7,365

Corporation tax

17,096

17,564

VAT

-

919

Accruals and deferred income

10,469

11,056

65,038

66,904

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

30,000

Bank loans - 2-5 years

232,500

342,500

262,500

372,500

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

292,500

402,500

The bank loans and overdraft are secured by a legal charge and debenture over the assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

24

Ordinary

£1

24

51

A Ordinary

£1

51

25

B Ordinary

£1

25

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 27 July 2025 and 27 July 2024:

2025

2024

£

Mr P A Dunford

Balance outstanding at start of year

66,792

109,847

Amounts repaid

(20,000

)

(43,055

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

46,792

66,792

Mrs J M Dunford

Balance outstanding at start of year

66,791

109,846

Amounts repaid

(20,000

)

(43,055

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

46,791

66,791