AVIATION SPARES & REPAIRS LIMITED

Company Registration Number:
05347543 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2025

Period of accounts

Start date: 01 September 2024

End date: 31 August 2025

AVIATION SPARES & REPAIRS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2025

Balance sheet
Notes

AVIATION SPARES & REPAIRS LIMITED

Balance sheet

As at 31 August 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 18,267 6,690
Total fixed assets: 18,267 6,690
Current assets
Stocks: 189,411 156,321
Debtors: 4 1,030,017 1,922,593
Cash at bank and in hand: 331,408 3,877
Total current assets: 1,550,836 2,082,791
Creditors: amounts falling due within one year: 5 (905,608) (1,332,423)
Net current assets (liabilities): 645,228 750,368
Total assets less current liabilities: 663,495 757,058
Creditors: amounts falling due after more than one year: 6 (30,667) (146,667)
Total net assets (liabilities): 632,828 610,391
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 632,528 610,091
Shareholders funds: 632,828 610,391

The notes form part of these financial statements

AVIATION SPARES & REPAIRS LIMITED

Balance sheet statements

For the year ending 31 August 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 May 2026
and signed on behalf of the board by:

Name: B Coombs
Status: Director

The notes form part of these financial statements

AVIATION SPARES & REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is stated net of value added tax and discounts.

Tangible fixed assets and depreciation policy

Depreciation is provided to write off the cost of fixed assets using the reducing balance method over their estimated useful lives at the following rates :- Fixtures and fittings - 25% Motor vehicle - 25%

Other accounting policies

Stock is valued at the lower of cost or net realisable value. The amount of any written-down of stocks to net realisable value and all losses of stock are recognised as an expense in the period in which the write-down or loss occurs. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of transaction. All differences are taken to the profit and loss account.

AVIATION SPARES & REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

2. Employees

2025 2024
Average number of employees during the period 1 1

AVIATION SPARES & REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible Assets

Total
Cost £
At 01 September 2024 30,307
Additions 13,545
At 31 August 2025 43,852
Depreciation
At 01 September 2024 23,617
Charge for year 1,968
At 31 August 2025 25,585
Net book value
At 31 August 2025 18,267
At 31 August 2024 6,690

AVIATION SPARES & REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0

AVIATION SPARES & REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Creditors: amounts falling due within one year note

Trade creditors 369,375 Other creditors 536,233

AVIATION SPARES & REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

6. Creditors: amounts falling due after more than one year note

Other creditors 30,667