REGISTERED NUMBER: 09313355 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

FLITWICK HELICOPTERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr N L Colclough

REGISTERED OFFICE:

260 - 270

Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

BUSINESS ADDRESS:

Castle Dairy Farm

St Neots Road

Renhold

Bedford

Beds

MK41 0HZ

REGISTERED NUMBER:

09313355 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Investments

5

109,333

-

CURRENT ASSETS

Stocks

6

3,869,514

2,788,147

Debtors

7

599,510

208,302

Cash at bank

684,040

71,481

5,153,064

3,067,930

CREDITORS

Amounts falling due within one year

8

4,733,795

2,739,348

NET CURRENT ASSETS

419,269

328,582

TOTAL ASSETS LESS CURRENT LIABILITIES

528,602

328,582

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

528,502

328,482

SHAREHOLDERS' FUNDS

528,602

328,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 June 2026 and were signed by:

Mr N L Colclough - Director

1.	STATUTORY INFORMATION

Flitwick Helicopters Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Motor vehicles - 25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on disposal of an asset is determined at the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Fixed asset investments

Fixed asset investments comprise assets held for long-term investment purposes. Investments are initially recognised at cost, including any directly attributable acquisition costs.

Subsequent to initial recognition, investments are measured at cost less any accumulated impairment losses.

Investments are reviewed for impairment at each reporting date and any impairment losses are recognised in the profit and loss account. Gains and losses arising on the disposal of investments are recognised in the profit and loss account in the period in which they arise.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

109,333

At 30 November 2025

109,333

NET BOOK VALUE

At 30 November 2025

109,333

6.

STOCKS

2025

2024

£

£

Stocks

3,869,514

2,788,147

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

400,000

112,500

VAT

199,510

95,802

599,510

208,302

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

60

402,016

Corporation tax

66,757

39,977

Other creditors

2,695,896

1,545,683

Loan - Volante Investment Man

582,000

582,000

Director's current account

1,386,082

166,922

Accrued expenses

3,000

2,750

4,733,795

2,739,348

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Loan - Volante Investment Man

582,000

582,000

The loan is personally guaranteed by the director.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100