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Company Registration No. 09485017 (England and Wales)
Vector Aviation Training Limited Unaudited accounts for the year ended 31 March 2026
Vector Aviation Training Limited Unaudited accounts Contents
Page
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Vector Aviation Training Limited Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
87,031 
122,093 
Current assets
Debtors
26,264 
44,187 
Cash at bank and in hand
96,833 
40,898 
123,097 
85,085 
Creditors: amounts falling due within one year
(35,593)
(42,195)
Net current assets
87,504 
42,890 
Total assets less current liabilities
174,535 
164,983 
Creditors: amounts falling due after more than one year
(67,337)
(77,178)
Provisions for liabilities
Deferred tax
(6,237)
(10,798)
Net assets
100,961 
77,007 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
100,861 
76,907 
Shareholders' funds
100,961 
77,007 
For the year ending 31 March 2026 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2026 and were signed on its behalf by
Captain Derek Garner Director Company Registration No. 09485017
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Vector Aviation Training Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Vector Aviation Training Limited is a private company, limited by shares, registered in England and Wales, registration number 09485017. The registered office is 31, Burrs Close, Bury, BL8 1JU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2025
36,000 
At 31 March 2026
36,000 
Amortisation
At 1 April 2025
36,000 
At 31 March 2026
36,000 
Net book value
At 31 March 2026
- 
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Vector Aviation Training Limited Notes to the Accounts for the year ended 31 March 2026
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
16,428 
136,054 
152,482 
Additions
2,045 
727 
2,772 
At 31 March 2026
18,473 
136,781 
155,254 
Depreciation
At 1 April 2025
10,684 
19,705 
30,389 
Charge for the year
3,820 
34,014 
37,834 
At 31 March 2026
14,504 
53,719 
68,223 
Net book value
At 31 March 2026
3,969 
83,062 
87,031 
At 31 March 2025
5,744 
116,349 
122,093 
6
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,413 
26,738 
Accrued income and prepayments
266 
308 
Other debtors
13,585 
17,141 
26,264 
44,187 
7
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
- 
11,380 
VAT
3,808 
7,100 
Obligations under finance leases and hire purchase contracts
9,842 
9,842 
Trade creditors
4,049 
2,803 
Taxes and social security
16,994 
10,170 
Accruals
900 
900 
35,593 
42,195 
8
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Obligations under finance leases and hire purchase contracts
67,337 
77,178 
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Vector Aviation Training Limited Notes to the Accounts for the year ended 31 March 2026
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
7,485 
- 
3,558 
3,927 
9,658 
- 
- 
9,658 
17,143 
- 
3,558 
13,585 
The above loans are unsecured, interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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