REGISTERED NUMBER: 05157433 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

M T AVIATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M P Turney

SECRETARY:

S E Turney

REGISTERED OFFICE:

115c Milton Road

Cambridge

Cambridgeshire

CB4 1XE

REGISTERED NUMBER:

05157433 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

-

17,000

CURRENT ASSETS

Debtors

5

299

20,483

Cash at bank

69

853

368

21,336

CREDITORS

Amounts falling due within one year

6

487,387

533,746

NET CURRENT LIABILITIES

(487,019

)

(512,410

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(487,019

)

(495,410

)

CREDITORS

Amounts falling due after more than one year

7

25,652

30,978

NET LIABILITIES

(512,671

)

(526,388

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(512,672

)

(526,389

)

SHAREHOLDERS' FUNDS

(512,671

)

(526,388

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 November 2025 and were signed by:

M P Turney - Director

1.	STATUTORY INFORMATION

M T Aviation 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.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are prepared under the historical cost convention and include the results of the company's operations, which are described in the Directors Report and all of which are continuing. The financial statements have been prepared on a going concern basis. This may not be appropriate because at 30 June 2025 the company's current liabilities exceeded its current assets by £487,019 and total liabilities of the company were £513,039. The company is reliant upon the continued support of its director, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary to enable the company to continue as a going concern.

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.

Helicopter

-

10% on cost

Equipment

-

20% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Helicopter

Equipment

Totals

£

£

£

COST

At 1 July 2024

170,000

4,234

174,234

Additions

49,255

-

49,255

Disposals

(219,255

)

-

(219,255

)

At 30 June 2025

-

4,234

4,234

DEPRECIATION

At 1 July 2024

153,000

4,234

157,234

Eliminated on disposal

(153,000

)

-

(153,000

)

At 30 June 2025

-

4,234

4,234

NET BOOK VALUE

At 30 June 2025

-

-

-

At 30 June 2024

17,000

-

17,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

299

483

Accrued income

-

20,000

299

20,483

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,360

6,660

Other creditors

321,356

302,304

Director's loan account

158,936

224,087

Accruals and deferred income

735

695

487,387

533,746

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

6,360

6,720

Bank loans - 2-5 years

19,292

24,258

25,652

30,978

8.	ULTIMATE CONTROLLING PARTY