Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 2025-01-01 false The Company's principal activity is the provision of flight services.5 5 true true false 05599606 2025-01-01 2025-12-31 05599606 2024-01-01 2024-12-31 05599606 2025-12-31 05599606 2024-12-31 05599606 2024-01-01 05599606 c:Director1 2025-01-01 2025-12-31 05599606 d:CurrentFinancialInstruments 2025-12-31 05599606 d:CurrentFinancialInstruments 2024-12-31 05599606 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 05599606 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 05599606 d:ShareCapital 2025-01-01 2025-12-31 05599606 d:ShareCapital 2025-12-31 05599606 d:ShareCapital 2024-01-01 2024-12-31 05599606 d:ShareCapital 2024-12-31 05599606 d:ShareCapital 2024-01-01 05599606 d:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 05599606 d:RetainedEarningsAccumulatedLosses 2025-12-31 05599606 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 05599606 d:RetainedEarningsAccumulatedLosses 2024-12-31 05599606 d:RetainedEarningsAccumulatedLosses 2024-01-01 05599606 c:FRS102 2025-01-01 2025-12-31 05599606 c:Audited 2025-01-01 2025-12-31 05599606 c:FullAccounts 2025-01-01 2025-12-31 05599606 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05599606 c:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05599606 2 2025-01-01 2025-12-31 05599606 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 05599606 CONTRAIL FLIGHT SERVICE LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
CONTRAIL FLIGHT SERVICE LIMITED REGISTERED NUMBER: 05599606 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 13,265 |  | 26,751 |
Cash at bank and in hand | 5 | 5,000 |  | 5,000 |
|  | 18,265 |  | 31,751 |
Creditors: amounts falling due within one year | 6 | (18,225) |  | (31,606) |
Net current assets |  |  | 40 |  | 145
Net assets |  |  | 40 |  | 145
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | (60) |  | 45
|  |  | 40 |  | 145
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 comprehensive income 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 on 1 June 2026.
N J Morgan
Director
The notes on pages 3 to 6 form part of these financial statements. Page 1
CONTRAIL FLIGHT SERVICE LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 January 2024 | 100 | (639) | (539)
Comprehensive income for the year |  |  |
Profit for the year | - | 684 | 684
Total comprehensive income for the year | - | 684 | 684
At 1 January 2025 | 100 | 45 | 145
Comprehensive income for the year |  |  |
Loss for the year | - | (105) | (105)
Total comprehensive income for the year | - | (105) | (105)
At 31 December 2025 | 100 | (60) | 40
| The notes on pages 3 to 6 form part of these financial statements.
Page 2
CONTRAIL FLIGHT SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Contrail Flight Service Limited is a private company limited by shares incorporated in England & Wales. The address of the registered office and principal base of business are given on the company information page of these financial statements. The financial statements are prepared in £ Sterling and have been rounded to the nearest £. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
At the year end the Company had net assets of £40 (2024: £145). However, the directors have not considered it necessary to prepare formal forecasts for the Company given the overall financial strength of the wider connected companies. The parent that heads the connected group retains considerable levels of cash and no external debt and continues to provide on-going financial support. This related company will continue to provide financial support to enable the Company to meet its liabilities as they fall due for a period of at least 12 months from the approval of the financial statements. The directors, therefore, consider that they have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, for a variety of potential scenarios, with on-going support from this related company. The Company therefore, continues to adopt the going concern basis in preparing its financial statements.
| 2.3 | 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. Revenue is recognised on provision of the service. Page 3
CONTRAIL FLIGHT SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.6 | 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 balance sheet date in the countries where the Company operates and generates income.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price.
3. | Employees
| The average monthly number of employees, including the directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Management and administration | 2 | 2
|  | Directors | 3 | 3
|  |  | 5 | 5
Page 4
CONTRAIL FLIGHT SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | - | 25,873
| Other debtors | 13,265 | -
| Prepayments and accrued income | - | 878
|  | 13,265 | 26,751
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 5,000 | 5,000
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 383 | 30
| Corporation tax | - | 125
| Other taxation and social security | 14,057 | 5,539
| Other creditors | - | 19,617
| Accruals and deferred income | 3,785 | 6,295
|  | 18,225 | 31,606
7. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £3,278 (2024: £2,937).Contributions totaling £Nil (2024: £Nil) were payable to the fund at the balance sheet date and are included in creditors.
8. | Related party transactions
| During the year Company received commissions and recharges of £77,100 (2024: £69,365) from a company under common control and made sales of £19,031. At the year end there was an amount due from the Company of £13,264 (2024: Nil). At the year end there was an amount due to the Company of £Nil (2024: £19,617). The Company purchased £1,155 form the company under common control.
Page 5
CONTRAIL FLIGHT SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Controlling party
The ultimate parent undertaking is Pektron PLC, by virtue of its 100% holding of issued share capital of the company. Copies of the consolidated financial statements are available from the Registrar of Companies House, Crown Way, Cardiff, CF14 3UZ. The Company is controlled by N J Morgan, P D Morgan, R F Morgan by virtue of their shareholdings in the parent company
10. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified. The audit report was signed on 2 June 2026 by James Delve (Senior Statutory Auditor) on behalf of PKF Smith Cooper Audit Limited.
Page 6