ACCOUNTS - Final Accounts

Company registration number: 09464127

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 SEPTEMBER 2025

	AY AVIATION SERVICES LIMITED


AY AVIATION SERVICES LIMITED

COMPANY INFORMATION

Directors	S J Hayden-Stapf
	D S Abbott


Registered number	09464127


Registered office	Bagshot House
	37 - 39 High Street
	Bagshot
	Surrey
	GU19 5AF


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


AY AVIATION SERVICES LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


AY AVIATION SERVICES LIMITED REGISTERED NUMBER:09464127

STATEMENT OF FINANCIAL POSITION

AS AT 30 SEPTEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		6		6
Tangible assets	5		2		74
			8		80
Current assets
Debtors: amounts falling due within one year	6	998,721		825,300
Cash at bank and in hand		385,089		388,107
		1,383,810		1,213,407
Creditors: amounts falling due within one year	7	(1,329,046)		(1,154,870)
Net current assets			54,764		58,537
Total assets less current liabilities			54,772		58,617

Net assets			54,772		58,617

Capital and reserves
Called up share capital	47	47
Capital redemption reserve	53	53
Profit and loss account	54,672	58,517
	54,772	58,617

Page 1


AY AVIATION SERVICES LIMITED REGISTERED NUMBER:09464127

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 SEPTEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

S J Hayden-Stapf

Director

Date: 26 May 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2


AY AVIATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

AY Aviation Services Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3


AY AVIATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Short-term leasehold property	-	Over the term of the lease
				Office equipment	-	Over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 4


AY AVIATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4.	Intangible assets

	Other intangibles	Goodwill	Total
	£	£	£
Cost
At 1 October 2024	6	28,000	28,006
At 30 September 2025	6	28,000	28,006
Amortisation
At 1 October 2024	-	28,000	28,000
At 30 September 2025	-	28,000	28,000
Net book value
At 30 September 2025	6	-	6
At 30 September 2024	6	-	6

5.	Tangible fixed assets

	Short-term leasehold property	Office equipment	Total
	£	£	£
Cost or valuation
At 1 October 2024	2	5,010	5,012
At 30 September 2025	2	5,010	5,012
Depreciation
At 1 October 2024	-	4,938	4,938
Charge for the year on owned assets	-	72	72
At 30 September 2025	-	5,010	5,010
Net book value
At 30 September 2025	2	-	2
At 30 September 2024	2	72	74

Page 5


AY AVIATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	998,721	825,300
	998,721	825,300

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	647,257	514,417
Corporation tax	31,102	8,925
Other taxation and social security	7,490	8,242
Other creditors	637,697	619,191
Accruals and deferred income	5,500	4,095
	1,329,046	1,154,870

Page 6