AVIOPARTS LTD 31/12/2025 iXBRL

Company registration number: 14124671

AVIOPARTS LTD

Filleted financial statements

31 December 2025

Pearlman Rose

Chartered Accountants & Statutory Auditors

Suite 1, First Floor

Jack Dash House

2 Lawn House Close

London, E14 9YQ

AVIOPARTS LTD

Contents

Directors and other information

Director's responsibilities statement

Statement of financial position

Statement of changes in equity

Notes to the financial statements

AVIOPARTS LTD

Directors and other information


	Director	Mr David Manuel Fojon-Rodriguez


	Company number	14124671


	Registered office	Unit 3 Westfield Road
		Southam
		Warwickshire
		CV47 0JH


	Business address	Unit 3 Westfield Road
		Southam
		Warwickshire
		CV47 0JH


	Auditor	Pearlman Rose
		Chartered Accountants & Statutory Auditors
		Suite 1, First Floor
		Jack Dash House
		2 Lawn House Close
		London
		E14 9YQ


	Accountants	Tax and Advise Ltd
		19 The Circle
		Queen Elizabeth Street
		London
		SE1 2JE

AVIOPARTS LTD

Director's responsibilities statement

Year ended 31 December 2025

The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

AVIOPARTS LTD

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	8	2,166		2,430
Tangible assets	9	83,718		55,301
Investments	10	84,000		84,000
		_______		_______
			169,884		141,731

Current assets
Stocks		1,546,638		1,509,603
Debtors	11	394,370		270,214
Cash at bank and in hand		609,864		943,335
		_______		_______
		2,550,872		2,723,152
Creditors: amounts falling due
within one year	13	( 1,941,711)		( 2,446,041)
		_______		_______
Net current assets			609,161		277,111
			_______		_______
Total assets less current liabilities			779,045		418,842

			_______		_______
Net assets			779,045		418,842
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			778,945		418,742
			_______		_______
Shareholders funds			779,045		418,842
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 29 May 2026 , and are signed on behalf of the board by:

Mr David Manuel Fojon-Rodriguez

Director

Company registration number: 14124671

AVIOPARTS LTD

Statement of changes in equity

Year ended 31 December 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 January 2024	100	( 278,763)	( 278,663)

Profit for the year		697,505	697,505
	_______	_______	_______
Total comprehensive income for the year	-	697,505	697,505

	_______	_______	_______
At 31 December 2024 and 1 January 2025	100	418,742	418,842

Profit for the year		360,203	360,203
	_______	_______	_______
Total comprehensive income for the year	-	360,203	360,203

	_______	_______	_______
At 31 December 2025	100	778,945	779,045
	_______	_______	_______

AVIOPARTS LTD

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Unit 3 Westfield Road, Southam, Warwickshire, CV47 0JH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	5 years straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	5 years straight line
Fittings fixtures and equipment	-	10 years straight line
Motor vehicles	-	10 years straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Auditors remuneration

	2025	2024
	£	£
Fees payable to Pearlman Rose
Fees payable for the audit of the financial statements	6,950	6,950
	_______	_______

5. Staff costs

The aggregate payroll costs incurred during the year were:

	2025	2024
	£	£
Wages and salaries	239,305	174,617
Social security costs	111,673	10,853
Other pension costs	6,667	4,514
	_______	_______
	357,645	189,984
	_______	_______

6. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 3 ).

7. Earnings per share

Basic earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of basic earnings/(loss) per share are as follows:

	2025	2024
	£	£
Profit for the year attributable to the owners of the company	360,203	697,505
	_______	_______

Diluted earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of diluted earnings/(loss) per share are as follows:

	2025	2024
	£	£
Earnings/(loss) used in calculation of basic earnings/(loss) per share	360,203	697,505
	_______	_______

8. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	2,739	2,739
	_______	_______
Amortisation
At 1 January 2025	309	309
Charge for the year	264	264
	_______	_______
At 31 December 2025	573	573
	_______	_______
Carrying amount
At 31 December 2025	2,166	2,166
	_______	_______
At 31 December 2024	2,430	2,430
	_______	_______

9. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 January 2025	1,877	54,587	6,500	62,964
Additions	444	12,077	29,700	42,221
	_______	_______	_______	_______
At 31 December 2025	2,321	66,664	36,200	105,185
	_______	_______	_______	_______
Depreciation
At 1 January 2025	362	5,213	2,088	7,663
Charge for the year	456	6,607	6,741	13,804
	_______	_______	_______	_______
At 31 December 2025	818	11,820	8,829	21,467
	_______	_______	_______	_______
Carrying amount
At 31 December 2025	1,503	54,844	27,371	83,718
	_______	_______	_______	_______
At 31 December 2024	1,515	49,374	4,412	55,301
	_______	_______	_______	_______

10. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	84,000	84,000
	_______	_______
Impairment
At 1 January 2025 and 31 December 2025	-	-
	_______	_______
Carrying amount
At 31 December 2025	84,000	84,000
	_______	_______
At 31 December 2024	84,000	84,000
	_______	_______

11. Debtors

	2025	2024
	£	£
Trade debtors	299,468	176,079
Other debtors	94,902	94,135
	_______	_______
	394,370	270,214
	_______	_______

12. Cash and cash equivalents

	2025	2024
	£	£
Cash at bank and in hand	609,864	943,335
	_______	_______

13. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	439,174	493,250
Corporation tax	-	123,417
Other creditors	1,502,537	1,829,374
	_______	_______
	1,941,711	2,446,041
	_______	_______

14. Summary audit opinion

The auditor's report dated 29 May 2026 was unqualified.

The senior statutory auditor was Mohammad Jilani for and on behalf of Pearlman Rose

15. Controlling party

During the year Avioparts S.L acquired 100% of the shares in the company.