ABZ Airborne Limited - Filleted accounts

Registered number

SC106591

ABZ Airborne Limited

Filleted Accounts

31 December 2025

ABZ Airborne Limited
Registered number:		SC106591
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		416,934			374,999
Investments	4		1,255,000			1,240,000
			1,671,934			1,614,999

Current assets
Debtors	5	230,742			327,345
Cash at bank and in hand		612,029			541,186
		842,771			868,531

Creditors: amounts falling due within one year	6	(85,707)			(118,333)

Net current assets			757,064			750,198

Total assets less current liabilities			2,428,998			2,365,197


Provisions for liabilities			(4,463)			(3,404)


Net assets			2,424,535			2,361,793

Capital and reserves
Called up share capital			100			100
Revaluation reserve	7		65,102			15,102
Profit and loss account			2,359,333			2,346,591

Shareholders' funds			2,424,535			2,361,793

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr G Brodie
Director
Approved by the board on 11 June 2026

ABZ Airborne Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Heritable property			over 50 years
	Leasehold land and buildings			over the lease term
	Fixtures & Fittings			over 5 years
	Motor Vehicles			over 4 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.


	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					8		8












3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	400,000		78,511		10,005		488,516
	Additions	-		4,487		-		4,487
	Surplus on revaluation	50,000		-		-		50,000
	Disposals	-		(1,304)		-		(1,304)
	At 31 December 2025	450,000		81,694		10,005		541,699

	Depreciation
	At 1 January 2025	42,920		60,667		9,930		113,517
	Charge for the year	8,000		4,078		19		12,097
	On disposals	-		(849)		-		(849)
	At 31 December 2025	50,920		63,896		9,949		124,765

	Net book value
	At 31 December 2025	399,080		17,798		56		416,934
	At 31 December 2024	357,080		17,844		75		374,999


4	Investment Property
Investments in
subsidiary
undertakings
£
	Fair Value
	At 1 January 2025							1,240,000
	Revaluation							15,000

	At 31 December 2025							1,255,000

	The investment properties were revalued on 31 December 2025 by the company directors at open market value. The original cost of the investment properties was £1,176,057.


5	Debtors					2025		2024
£							£

	Trade debtors					216,862		263,487
	Other debtors					13,880		63,858
						230,742		327,345






6	Creditors: amounts falling due within one year					2025		2024
£							£

	Directors loan					114		-
	Trade creditors					2,710		1,701
	Corporation Tax					35,897		42,887
	Taxation and social security costs					38,350		66,480
	Other creditors					8,636		7,265
						85,707		118,333


7	Revaluation reserve					2025		2024
£							£

	At 1 January 2025					15,102		44,299
	Gain/(loss) on revaluation of land and buildings					50,000		(29,197)

	At 31 December 2025					65,102		15,102


8	Other information

	ABZ Airborne Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	1st Floor North
	Kingshill View Prime Four Business Park
	Kingswell
	Aberdeen
	AB12 8PU