Registration number: 12162048

Zero Emissions Aerospace Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Zero Emissions Aerospace Limited

Company Information

Director

M Orchard

Registered office

116 Cromwell Road St. Andrews Bristol BS6 5EZ

Accountants

Burton Sweet Limited Chartered Accountants & Business Advisors The Clock Tower Old Weston Road Flax Bourton Bristol BS48 1UR

Zero Emissions Aerospace Limited

(Registration number: 12162048)
Balance Sheet
31 March 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	35,817	-
Current assets
Debtors	5	83,095	45,059
Cash at bank and in hand		12,663	39,851
		95,758	84,910
Creditors: Amounts falling due within one year	6	(205,123)	(161,453)
Net current liabilities		(109,365)	(76,543)
Net liabilities		(73,548)	(76,543)
Capital and reserves
Called up share capital		3,050	3,050
Retained earnings		(76,598)	(79,593)
Shareholders' deficit		(73,548)	(76,543)

Zero Emissions Aerospace Limited

(Registration number: 12162048)
Balance Sheet
31 March 2026

For the financial 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.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 August 2026
 

......................................... M Orchard Director

Zero Emissions Aerospace Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
116 Cromwell Road
St. Andrews
Bristol
BS6 5EZ

These financial statements were authorised for issue by the director on 19 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company has been founded as a technology development company with the implicit knowledge that in its early years the company will incur losses as the company invests in developing its patents and internal IP up to the point that these will result in major sales. The directors have a reasonable expectation that the company has access to sufficient resources to continue for the foreseeable future through grant funding, directors loans and equity raises. The accounts have been prepared on a going concern basis.

Zero Emissions Aerospace Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised when the company is reasonably assured they will comply with the conditions attached to them and the grant will be received.

Other grants

Revenue grants are recognised under the accruals model as income on a systematic basis over the periods in which the company recognises the related costs the grant is intended to compensate.

Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Intangible assets

Amortisation

Patent costs have been recognised in the financial statements as an intangible asset, and will be amortised when they bring future economic benefit.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price.

Zero Emissions Aerospace Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2025 - 6).

Zero Emissions Aerospace Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	35,817	35,817
At 31 March 2026	35,817	35,817
Amortisation
Carrying amount
At 31 March 2026	35,817	35,817

5

Debtors

	2026 £	2025 £
Other debtors	83,095	45,059
	83,095	45,059

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	3,653	5,980
Accruals and deferred income	2,950	1,670
Other creditors	198,520	153,803
	205,123	161,453

Zero Emissions Aerospace Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

7	Related party transactions

Transactions with the director

2026	At 1 April 2025 £	Advances to director £	Repayments by director £	At 31 March 2026 £
M Orchard
Interest free and repayable on demand	(140,200)	2,035	(26,381)	(164,546)

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
M Orchard
Interest free and repayable on demand	(101,134)	10,904	(49,970)	(140,200)

8	Non adjusting events after the financial period

The accounts reflect consideration received of total £25,001.16 in advance of new shares allotted after the year end. This amount is shown in the accounts as an ‘other creditor’.