ADVANCE AIR LIMITED

Company Registration Number:
03663853 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2025

Period of accounts

Start date: 01 December 2024

End date: 30 November 2025

ADVANCE AIR LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2025

Balance sheet
Notes

ADVANCE AIR LIMITED

Balance sheet

As at 30 November 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 251,312 297,371
Investments: 4 75,000 75,000
Total fixed assets: 326,312 372,371
Current assets
Stocks: 5,500 5,500
Debtors:   252,661 453,704
Cash at bank and in hand: 773,090 1,424,771
Total current assets: 1,031,251 1,883,975
Creditors: amounts falling due within one year:   (565,873) (802,491)
Net current assets (liabilities): 465,378 1,081,484
Total assets less current liabilities: 791,690 1,453,855
Provision for liabilities: (85,857) (74,343)
Total net assets (liabilities): 705,833 1,379,512
Capital and reserves
Called up share capital: 150 150
Profit and loss account: 705,683 1,379,362
Shareholders funds: 705,833 1,379,512

The notes form part of these financial statements

ADVANCE AIR LIMITED

Balance sheet statements

For the year ending 30 November 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 August 2026
and signed on behalf of the board by:

Name: P Vasconcellos
Status: Director

The notes form part of these financial statements

ADVANCE AIR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ADVANCE AIR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

2. Employees

2025 2024
Average number of employees during the period 25 25

ADVANCE AIR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Tangible Assets

Total
Cost £
At 01 December 2024 812,357
Additions 132,556
Disposals (350,615)
At 30 November 2025 594,298
Depreciation
At 01 December 2024 514,986
Charge for year 124,831
On disposals (296,831)
At 30 November 2025 342,986
Net book value
At 30 November 2025 251,312
At 30 November 2024 297,371

ADVANCE AIR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

4. Fixed investments

Investments held as fixed assets are stated at cost, together with subsequent capital contributions, less any provisions for impairment in value. Investment income is recognised in the financial statements when the company becomes entitled to its share of profits from the fixed asset investment. Where there is an impairment in the carrying amount of the investment then this should be presented separately in the profit and loss account as “amounts written off investments”, following the Companies Act format of accounts. If this impairment loss is reduced in a later accounting period as a result of subsequent events, then the reversal should be recognised in the profit and loss account immediately, as a reversal in the same line heading.