Company registration number: 13591930
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
Ford Aviation Chartering Ltd
Pages for filing with the Registrar
Company registration number: 13591930
Ford Aviation Chartering Ltd
Balance sheet
as at 31 October 2025
31 Oct 25 31 Oct 24
Note £ £ £ £
Current assets
Debtors 4 212,653 167,720
Cash at bank and in hand 324,588 877,609
537,241 1,045,329
Creditors: amounts falling due within one
year 		5 (142,717) (368,559)
Net current assets 394,524 676,770
NET ASSETS 394,524 676,770
Capital and reserves
Called up share capital 10 10
Profit and loss account 394,514 676,760
TOTAL EQUITY 394,524 676,770
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr L Goodeve, Director
26 May 2026
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Ford Aviation Chartering Ltd
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
Ford Aviation Chartering Ltd is a private company registered in England and Wales. Its registered number is 13591930. The company is limited by shares. Its registered office is Southpoint Old Brighton Road, Old Brighton Road, Lowfield Heath, RH11 0PR.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
3 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
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Ford Aviation Chartering Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
4 Debtors
31 Oct 25 31 Oct 24
£ £
Trade debtors 21,119 5,191
Directors' loan accounts 39,560 -
Taxation 29,279 13,501
Other debtors 97,908 133,682
Prepayments and accrued income 24,787 15,346
212,653 167,720
5 Creditors: amounts falling due within one year
31 Oct 25 31 Oct 24
£ £
Trade creditors 41,449 35,250
Amounts owed to directors - 440
Other creditors 101,268 106,881
Taxation - 224,663
Accruals and deferred income - 1,325
142,717 368,559
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 31 October 2025 and 31 October 2024.
31 Oct 25 31 Oct 24
£ £
Lee Goodeve
Amounts advanced 39,560 -
Balance outstanding at end of year 39,560 -
The loan is unsecured, repayable on demand, and interest has been charged at the HMRC official rate.
7 Related party transactions
During the year the company was charged management fees of £371,561 (2024: £335,327) by Ford Aviation Services Limited, a company under the common control of Mr L Goodeve. At the balance sheet date, £3,826 (2024: £133,682) was owed by the related party by the company. During the year the director, Mr L Goodeve, had a loan account with the company. Details of the loan are disclosed in the directors' advances note.
8 Client monies
Included within other creditors are client deposits and funds held on behalf of clients totalling £101,268 (2024: £106,881). These funds are ring-fenced and are not available for the company's general use.
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Ford Aviation Chartering Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
9 Gross transaction value
Gross transaction value (GTV) of £2,897,270 (2024:£23,019,886) represents the total value invoiced to the customer and is stated exclusive of value added tax. The gross profit for the chartering business, is calculated as being the price of the contract, less all of the direct costs associated with delivering the contracted service. It does not include the company staff costs nor overheads.
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