REGISTERED NUMBER: 05038005 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

HANGAR 3 BLACKPOOL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S R Menzies

Ms V J Thonrley

REGISTERED OFFICE:

Hangar 3

Blackpool Airport

3 Squires Gate Lane

Blackpool

Lancashire

FY4 2QY

REGISTERED NUMBER:

05038005 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

98,812

62,224

CURRENT ASSETS

Debtors

5

501,741

590,230

Cash at bank

304,487

287,950

806,228

878,180

CREDITORS

Amounts falling due within one year

6

806,039

976,120

NET CURRENT ASSETS/(LIABILITIES)

189

(97,940

)

TOTAL ASSETS LESS CURRENT LIABILITIES

99,001

(35,716

)

CREDITORS

Amounts falling due after more than one year

7

-

(2,500

)

PROVISIONS FOR LIABILITIES

9

(10,794

)

(271

)

NET ASSETS/(LIABILITIES)

88,207

(38,487

)

CAPITAL AND RESERVES

Called up share capital

5

5

Retained earnings

88,202

(38,492

)

SHAREHOLDERS' FUNDS

88,207

(38,487

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 6 May 2026 and were signed on its behalf by:

S R Menzies - Director

1.	STATUTORY INFORMATION

Hangar 3 Blackpool Ltd 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.

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.

The Company made an operating profit in the year to 31st March 2025 and expectations are that this will continue at the current level for the foreseeable future. On this basis the retained losses brought forward are predicted to be exhausted during the forthcoming twelve month period, and with the continuing support of the shareholders this has enabled to the Company to prepare the financial statements on a going concern basis.

Judgements and estimation uncertainty

In the application of the company's accounting policies, the director is required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Short leasehold

-

in accordance with the property

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

1,332

49,258

61,845

13,095

125,530

Additions

-

33,221

30,000

2,189

65,410

At 31 March 2026

1,332

82,479

91,845

15,284

190,940

DEPRECIATION

At 1 April 2025

182

28,552

24,345

10,227

63,306

Charge for year

121

10,972

16,875

854

28,822

At 31 March 2026

303

39,524

41,220

11,081

92,128

NET BOOK VALUE

At 31 March 2026

1,029

42,955

50,625

4,203

98,812

At 31 March 2025

1,150

20,706

37,500

2,868

62,224

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

463,486

529,139

VAT

5,325

14,975

Prepayments and accrued income

32,930

46,116

501,741

590,230

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

2,500

10,000

Trade creditors

92,663

118,946

Tax

28,590

15,505

Social security and other taxes

901

362

Other creditors

106,134

166,294

Directors' current accounts

41,614

81,614

Accruals and deferred income

533,637

583,399

806,039

976,120

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 2-5 years

-

2,500

8.	LEASING AGREEMENTS

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

31.3.26

31.3.25

£

£

Within one year

35,000

35,000

Between one and five years

140,000

140,000

In more than five years

29,167

64,167

204,167

239,167

9.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

10,794

271

Deferred

tax

£

Balance at 1 April 2025

271

Provided during year

10,523

Balance at 31 March 2026

10,794