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REGISTERED NUMBER: OC347013 (England and Wales)

Fly 7 Helicopters LLP

Financial Statements

for the Year Ended 31st March 2026

| Fly 7 Helicopters LLP (Registered number: OC347013) |

Contents of the Financial Statements

for the Year Ended 31st March 2026

| Page |

| General Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 5

| Fly 7 Helicopters LLP |

General Information

for the Year Ended 31st March 2026

| DESIGNATED MEMBERS: | M Chadwick

| O Chadwick

| REGISTERED OFFICE: | 38 Dollar Street

| Cirencester

| Gloucestershire

| GL7 2AN

| REGISTERED NUMBER: | OC347013 (England and Wales)

| ACCOUNTANTS: | Martin and Company

| 38 Dollar Street

| Cirencester

| Gloucestershire

| GL7 2AN

| Fly 7 Helicopters LLP (Registered number: OC347013) |

Balance Sheet

31st March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 405,981 |  | 428,809 |  |

CURRENT ASSETS

Debtors | 5 | 61,921 |  | 41,780 |  |

Prepayments and accrued income | 4,020 |  | 4,284 |  |

Cash at bank | 6,566 |  | 967 |  |

72,507 |  | 47,031 |  |

CREDITORS

Amounts falling due within one year | 6 | 2,254 |  | 2,000 |  |

NET CURRENT ASSETS | 70,253 |  | 45,031 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 476,234 |  | 473,840 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 7 | 5,734 |  | 3,340 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 37,000 |  | 37,000 |  |

Revaluation reserve | 8 | 433,500 |  | 433,500 |  |

476,234 |  | 473,840 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 7 | 5,734 |  | 3,340 |  |

Members' other interests | 470,500 |  | 470,500 |  |

Amounts due from members | 5 | (60,601 | ) | (28,645 | ) |

415,633 |  | 445,195 |  |

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2026.

The members acknowledge their responsibilities for:

(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

| Fly 7 Helicopters LLP (Registered number: OC347013) |

Balance Sheet - continued

31st March 2026

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 1st May 2026 and were signed by:

M Chadwick - Designated member

| Fly 7 Helicopters LLP (Registered number: OC347013) |

Notes to the Financial Statements

for the Year Ended 31st March 2026

1. | STATUTORY INFORMATION

| Fly 7 Helicopters LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

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

| Turnover represents net invoiced sales of goods and services.

| Tangible fixed assets

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

| Helicopter | - | 5% on cost

| Equipment | - | 25% on reducing balance

3. | EMPLOYEE INFORMATION

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

4. | TANGIBLE FIXED ASSETS

| Helicopter |  | Equipment |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1st April 2025

| and 31st March 2026 | 450,000 |  | 19,575 |  | 469,575 |  |

| DEPRECIATION

| At 1st April 2025 | 22,500 |  | 18,266 |  | 40,766 |  |

| Charge for year | 22,500 |  | 328 |  | 22,828 |  |

| At 31st March 2026 | 45,000 |  | 18,594 |  | 63,594 |  |

| NET BOOK VALUE

| At 31st March 2026 | 405,000 |  | 981 |  | 405,981 |  |

| At 31st March 2025 | 427,500 |  | 1,309 |  | 428,809 |  |

| Cost or valuation at 31st March 2026 is represented by:

| Helicopter |  | Equipment |  | Totals

£ | £ | £ |

| Valuation in 2016 | 330,000 |  | 19,575 |  | 349,575 |  |

| Valuation in 2024 | 120,000 |  | - |  | 120,000 |  |

450,000 |  | 19,575 |  | 469,575 |  |

| Fly 7 Helicopters LLP (Registered number: OC347013) |

Notes to the Financial Statements - continued

for the Year Ended 31st March 2026

4. | TANGIBLE FIXED ASSETS - continued

| If the helicopter had not been revalued it would have been included at the following historical cost:

2026 | 2025 |

£ | £ |

| Cost | 330,000 |  | 330,000 |  |

| The helicopter was valued on an open market basis on 12th June 2024 by the designated members of the LLP .

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 1,320 |  | 7,740 |  |

| Amounts due from members | 60,601 |  | 28,645 |  |

| VAT | - |  | 5,395 |  |

61,921 |  | 41,780 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| VAT | 220 |  | - |  |

| Accrued expenses | 2,034 |  | 2,000 |  |

2,254 |  | 2,000 |  |

7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

8. | RESERVES

| Revaluation

| reserve

£ |

| At 1st April 2025

| and 31st March 2026 | 433,500 |  |