| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31st December 2025 |
| for |
| PRIMEFLIGHT AVIATION SERVICES UK LTD |
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31st December 2025 |
| for |
| PRIMEFLIGHT AVIATION SERVICES UK LTD |
| PRIMEFLIGHT AVIATION SERVICES UK LTD (Registered number: 15454180) |
| Contents of the Financial Statements |
| for the Year Ended 31st December 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| PRIMEFLIGHT AVIATION SERVICES UK LTD |
| Company Information |
| for the Year Ended 31st December 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 45 Beaufort Court |
| Admirals Way |
| London |
| E14 9XL |
| PRIMEFLIGHT AVIATION SERVICES UK LTD (Registered number: 15454180) |
| Balance Sheet |
| 31st December 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Capital contribution |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| 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 were approved by the director and authorised for issue on |
| PRIMEFLIGHT AVIATION SERVICES UK LTD (Registered number: 15454180) |
| Notes to the Financial Statements |
| for the Year Ended 31st December 2025 |
| 1. | STATUTORY INFORMATION |
| PRIMEFLIGHT AVIATION SERVICES UK LTD is a |
| 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. |
| Going Concern |
| Subsequent to the year end, it was decided that the company will cease trading on the 4th June 2026. Therefore, the directors have concluded it is no longer appropriate to prepare the financial statements on a going concern basis. |
| No material adjustments arose as a result of ceasing to apply the going concern basis. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| 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. |
| Equity instruments |
| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. |
| Employee benefits |
| The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. |
| The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. |
| Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits. |
| PRIMEFLIGHT AVIATION SERVICES UK LTD (Registered number: 15454180) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st December 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Share-based payments |
| Equity-settled share-based payments are measured at fair value at the date of grant by reference to the fair value of the equity instruments granted. The fair value determined at the grant date is expensed on a straight-line basis over the vesting period, based on the estimate of shares that will eventually vest. A corresponding adjustment is made to equity. |
| Cancellations or settlements (including those resulting from employee redundancies) are treated as an acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediately. |
| The company's parent company, PrimeFlight Investments, L.P., operates share based employee compensation plans in which certain of the company's employees and directors are eligible to participate. The company measures and recognises the share based payment expense as an allocation of cost to the group. |
| 3. | EMPLOYEES |
| The average number of employees during the year was NIL (2024 - |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Amounts owed to participating interests | 532,000 | 350,000 |
| Taxation and social security |
| Other creditors |
| 6. | ULTIMATE CONTROLLING PARTY |
| PRIMEFLIGHT AVIATION SERVICES UK LTD is a wholly owned subsidiary of Primeflight Aviation Services International GmbH, a company registered in Germany. PrimeFlight Aviation Services International GmbH is a subsidiary undertaking of PrimeFlight Aviation Services, Inc. a company registered in the USA. The directors consider PrimeFlight Aviation Services, Inc. to be the controlling ultimate parent company and a copy of this company's accounts can be obtained from Three Sugar Creek Center, Suite 450, Sugar Land, Texas, USA, TX 7747. |
| 7. | POST BALANCE SHEET EVENTS |
| Subsequent to the year end, it was decided that the company would cease its remaining activities, and therefore will cease trading on the 4th June 2026. |