Registration number: 00126876

Aircraft Patents,Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Aircraft Patents,Limited

Company Information

Directors

C A Cooke A H Cooke

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Aircraft Patents,Limited

Statement of Financial Position as at 31 December 2025

	Note	2025 £	(As restated) 2024 £
Fixed assets
Tangible assets	4	486	-
Investment property	5	2,335,000	2,293,574
Other financial assets	6	822,297	734,087
		3,157,783	3,027,661
Current assets
Debtors	7	41,763	22,039
Cash at bank and in hand		567,265	457,526
		609,028	479,565
Creditors: Amounts falling due within one year	8	(114,955)	(93,086)
Net current assets		494,073	386,479
Total assets less current liabilities		3,651,856	3,414,140
Provisions for liabilities		(50,286)	(52,896)
Net assets		3,601,570	3,361,244
Capital and reserves
Called up share capital		3,000	3,000
Retained earnings		3,598,570	3,358,244
Shareholders' funds		3,601,570	3,361,244

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge 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 prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Aircraft Patents,Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Aircraft Patents,Limited

Statement of Financial Position as at 31 December 2025

Approved and authorised by the Board on 24 September 2026 and signed on its behalf by:
 

.........................................

A H Cooke

Director

Company registration number: 00126876

Aircraft Patents,Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of property investment.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

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.

Going concern

The company had net assets at 31 December 2025 amounting to £3,601,570 including cash at bank of £567,287.

The company has continued to receive rental and investment income subsequent to 31 December 2025 and the directors believe this will continue.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable in respect of rental income arising in the ordinary course of the company's activities, dividends received or receivable during the year and interest receivable, on listed and unlisted investments.

The company recognises rental income evenly over the period of the lease or license.

The company recognises dividends and interest receivable on listed and unlisted investments on the date the right to receive payment is established.

Aircraft Patents,Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tax

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

The current income 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	20% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the profit or loss in the period of disposal.

Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the profit or loss based on the market value at the year end.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Aircraft Patents,Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company during the year was 0 (2024 - 0).

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	608	608
At 31 December 2025	608	608
Depreciation
Charge for the year	122	122
At 31 December 2025	122	122
Carrying amount
At 31 December 2025	486	486

Aircraft Patents,Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5	Investment properties

Fair value	2025 £
At 1 January 2025	2,293,574
Fair value adjustments	41,426
At 31 December 2025	2,335,000

The investment properties are included at fair value as estimated by the directors at 31 December 2025 at an amount of £2,335,000.

6	Other INVESTMENTS

	Listed investments £	Total £
Cost or valuation
At 1 January 2025	734,087	734,087
Additions	44,900	44,900
Fair value adjustments	89,450	89,450
Disposals	(46,140)	(46,140)
At 31 December 2025	822,297	822,297
Carrying amount
At 31 December 2025	822,297	822,297

7

Debtors

	2025 £	2024 £
Other debtors	41,763	22,039
	41,763	22,039

Aircraft Patents,Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8

Creditors

Creditors: amounts falling due within one year

	2025 £	(As restated) 2024 £
Taxation and social security	72,410	48,731
Accruals and deferred income	42,545	44,355
	114,955	93,086