Flightstore Pilot Supplies Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04048570 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2026

for

FLIGHTSTORE PILOT SUPPLIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Holdsworth

Mrs S J Holdsworth

SECRETARY:

Mrs S J Holdsworth

REGISTERED OFFICE:

14 Leeds Road

Mirfield

West Yorkshire

WF14 0ET

REGISTERED NUMBER:

04048570 (England and Wales)

ACCOUNTANTS:

Harrison Blakeley Accountancy Limited

21 Church Street

Horbury

Wakefield

West Yorkshire

WF4 6LT

FIXED ASSETS

Tangible assets

4

6,722

7,908

CURRENT ASSETS

Stocks

514,700

500,262

Debtors

5

37,722

30,542

Cash at bank

257,203

245,597

809,625

776,401

CREDITORS

Amounts falling due within one year

6

321,750

252,683

NET CURRENT ASSETS

487,875

523,718

TOTAL ASSETS LESS CURRENT
LIABILITIES

494,597

531,626

CREDITORS

Amounts falling due after more than one
year

7

-

(2,217

)

PROVISIONS FOR LIABILITIES

(1,395

)

(1,503

)

NET ASSETS

493,202

527,906

CAPITAL AND RESERVES

Called up share capital

2

Capital redemption reserve

1

Retained earnings

493,199

527,903

SHAREHOLDERS' FUNDS

493,202

527,906

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th September 2026 and were signed on its behalf by:

Mr A Holdsworth - Director

1.	STATUTORY INFORMATION

Flightstore Pilot Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Preparation of consolidated financial statements

The financial statements contain information about Flightstore Pilot Supplies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the income statement 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1st April 2025

101,927

4,662

16,869

123,458

Disposals

(101,927

)

(4,662

)

-

(106,589

)

At 31st March 2026

-

16,869

DEPRECIATION

At 1st April 2025

101,927

4,662

8,961

115,550

Charge for year

-

1,186

Eliminated on disposal

(101,927

)

(4,662

)

-

(106,589

)

At 31st March 2026

-

10,147

NET BOOK VALUE

At 31st March 2026

-

6,722

At 31st March 2025

-

7,908

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Trade debtors

19,426

12,044

Other debtors

18,296

18,498

37,722

30,542

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Bank loans and overdrafts

1,759

10,000

Trade creditors

264,231

169,806

Taxation and social security

22,106

24,593

Other creditors

33,654

48,284

321,750

252,683

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/3/26

31/3/25

£

Bank loans

-

2,217

8.	OTHER FINANCIAL COMMITMENTS

The total amount of rental financial commitments that are not included in the balance sheet is £24,000 (2025: £24,000).

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £85,400 (2025 - £80,000) were paid to the directors .