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Registration number: 07940046

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Aviation and Tech Capital Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2016

 

Aviation and Tech Capital Ltd

Contents

Profit and Loss Account

1

Balance Sheet

2 to 5

Notes to the Financial Statements

3

 

Aviation and Tech Capital Ltd

Profit and Loss Account for the Year Ended 31 August 2016

Note

Total
31 August
2016
£

Total
31 August
2015
£

Turnover

 

452,046

107,329

Cost of raw materials and consumables

 

(78,934)

(67,920)

Staff costs

 

(264,040)

(152,088)

Depreciation and other amounts written off assets

 

(54,782)

(54,782)

Other charges

 

(203,448)

(198,387)

Loss for the year

 

(149,158)

(365,848)

 

Aviation and Tech Capital Ltd

(Registration number: 07940046)
Balance Sheet as at 31 August 2016

Note

2016
£

2015
£

Fixed assets

 

99,815

154,597

Current assets

 

370,611

270,769

Creditors: Amounts falling due within one year

 

(38,332)

(412,179)

Net current assets/(liabilities)

 

332,279

(141,410)

Total assets less current liabilities

 

432,094

13,187

Creditors: Amounts falling due after more than one year

 

(147,717)

(87,717)

Accruals and deferred income

 

(1,463)

(1,276)

   

282,914

(75,806)

Capital and reserves

 

282,914

(75,806)

 

Aviation and Tech Capital Ltd

(Registration number: 07940046)
Balance Sheet as at 31 August 2016

Notes to the Financial Statements for the Year Ended 31 August 2016

1

General information

The company is a private company limited by share capital incorporated in Other.

The address of its registered office is:
C/O Montgomery Swann
Scotts Sufferance Wharf
1 Mill Street
London
London
SE1 2DE
England

The principal place of business is:
C/O Montgomery Swann
Scotts Sufferance Wharf
1 Mill Street
London
London
SE1 2DE
England

These financial statements were authorised for issue by the Board on 31 May 2017.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Related party transactions

Transactions with directors

2016

At 1 September 2015
£

Advances to directors
£

At 31 August 2016
£

Mr David Bradley-Ward

Directors Loan Account

137,542

41,328

178,870

       
     

Philip Anthony Taylor

Directors Loan Account

67,964

8,657

76,621

       
     

 

 

Aviation and Tech Capital Ltd

(Registration number: 07940046)
Balance Sheet as at 31 August 2016

Notes to the Financial Statements for the Year Ended 31 August 2016

2015

At 1 September 2014
£

Advances to directors
£

At 31 August 2015
£

Mr David Bradley-Ward

Directors Loan Account

96,068

41,474

137,542

       
     

Philip Anthony Taylor

Directors Loan Account

37,984

29,980

67,964

       
     

 

 

Aviation and Tech Capital Ltd

(Registration number: 07940046)
Balance Sheet as at 31 August 2016

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 August 2016 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.

Approved and authorised by the Board on 31 May 2017 and signed on its behalf by:
 

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

Mr David Bradley-Ward

Director