REGISTERED NUMBER: OC457260 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 JUNE 2025 TO 5 APRIL 2026

FOR

A & A FLIGHT TRAINING LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

A R Garman

A L Murphy

REGISTERED OFFICE:

18 Hyde Gardens

Eastbourne

East Sussex

BN21 4PT

REGISTERED NUMBER:

OC457260 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Eastbourne) Limited

18 Hyde Gardens

Eastbourne

East Sussex

BN21 4PT

FIXED ASSETS

Intangible assets

4

14,400

Tangible assets

5

1,500

15,900

CURRENT ASSETS

Debtors

6

28,673

Cash at bank

23,865

52,538

CREDITORS

Amounts falling due within one year

7

2,950

NET CURRENT ASSETS

49,588

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

65,488

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

65,488

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

65,488

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 5 April 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 25 September 2026 and were signed by:

A R Garman - Designated member

A L Murphy - Designated member

1.	STATUTORY INFORMATION

A & A Flight Training LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Reporting period length

The annual financial statements are presented for a period shorter than one year as it is the business's first period of trading. The entity was incorporated on 30 June 2025.

Significant judgements and estimates

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover represents consideration received or receivable for teaching and aircraft hire services, measured at fair value, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised when the performance obligations associated with the transaction have been satisfied.

Goodwill

Goodwill represents the excess of the cost of a business acquisition over the fair value of the identifiable assets and liabilities acquired at the acquisition date.

It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is five years.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and Fittings - 25% Reducing balance

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses

Going concern

After reviewing the company's forecasts, the members believe that the LLP has adequate resources to continue in operational existence for a period of at least 12 months from the date of the approval of these financial statements. Therefore, the members have concluded that the going concern basis of preparation of these financial statements remains appropriate.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

18,000

At 5 April 2026

18,000

AMORTISATION

Charge for period

3,600

At 5 April 2026

3,600

NET BOOK VALUE

At 5 April 2026

14,400

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,000

At 5 April 2026

2,000

DEPRECIATION

Charge for period

500

At 5 April 2026

500

NET BOOK VALUE

At 5 April 2026

1,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

27,722

Other debtors

951

28,673

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

2,950

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank

equally with unsecured creditors. There is no formal restriction on the ability of the LLP to reduce the amount of members’ other interests.