REGISTERED NUMBER: SC461977 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

GLOBAL TREK AVIATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

David James McColm

SECRETARY:

Trudi Thorburn

REGISTERED OFFICE:

Ladykirk House

G/F 11 Skye Road

Shawfarm Industrial Estate

Prestwick

Ayrshire

KA9 2TA

REGISTERED NUMBER:

SC461977 (Scotland)

ACCOUNTANTS:

Stewart Gilmour & Co.

Chartered Accountants

24 Beresford Terrace

Ayr

KA7 2EG

BANKERS:

Virgin Money

43 Alloway Street

Ayr

KA7 1SP

FIXED ASSETS

Tangible assets

4

1,525

1,794

Investments

5

865,001

830,787

866,526

832,581

CURRENT ASSETS

Debtors

6

496,316

492,680

Cash at bank

171,592

137,608

667,908

630,288

CREDITORS

Amounts falling due within one year

7

117,200

98,213

NET CURRENT ASSETS

550,708

532,075

TOTAL ASSETS LESS CURRENT LIABILITIES

1,417,234

1,364,656

PROVISIONS FOR LIABILITIES

15,633

-

NET ASSETS

1,401,601

1,364,656

CAPITAL AND RESERVES

Called up share capital

8

1,005

1,005

Capital redemption reserve

248

248

Retained earnings

1,400,348

1,363,403

SHAREHOLDERS' FUNDS

1,401,601

1,364,656

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 July 2026 and were signed by:

David James McColm - Director

1.	STATUTORY INFORMATION

Global Trek Aviation Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 each asset over its estimated useful life.

Office equipment

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments

Fixed asset investments are stated at cost less any provision for permanent diminution in value. For listed investments, market value is based on the closing mid-market price on a recognised stock exchange.

The financial statements contain information about Global Trek Aviation Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

2,249

DEPRECIATION

At 1 January 2025

455

Charge for year

269

At 31 December 2025

724

NET BOOK VALUE

At 31 December 2025

1,525

At 31 December 2024

1,794

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

399

830,388

830,787

Revaluations

-

34,214

34,214

At 31 December 2025

399

864,602

865,001

NET BOOK VALUE

At 31 December 2025

399

864,602

865,001

At 31 December 2024

399

830,388

830,787

Cost or valuation at 31 December 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2023

-

3,593

3,593

Valuation in 2024

-

26,795

26,795

Valuation in 2025

-

34,214

34,214

Cost

399

800,000

800,399

399

864,602

865,001

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

129,680

85,600

Other debtors

366,636

407,080

496,316

492,680

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Employee loans

4,829

-

Trade creditors

2,135

1,163

Taxation and social security

72,827

59,032

Other creditors

37,409

38,018

117,200

98,213

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

5

Ordinary 'A' to 'E'

£1

5

5

1,005

1,005

9.	ULTIMATE CONTROLLING PARTY

The controlling party is David James McColm.

Director David James McColm holds 99.9% of the issued share capital of the company.