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REGISTERED NUMBER: 07940046 (England and Wales)















Report of the Directors and

Financial Statements for the Year Ended 31 August 2019

for

Aviation and Tech Capital Ltd

Aviation and Tech Capital Ltd (Registered number: 07940046)






Contents of the Financial Statements
for the Year Ended 31 August 2019




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Aviation and Tech Capital Ltd

Company Information
for the Year Ended 31 August 2019







DIRECTORS: D Bradley-Ward
P Taylor
J Lutterloch





SECRETARY: D Bradley-Ward





REGISTERED OFFICE: Badgemore House
Badgemore
Henley-on Thames
Oxfordshire
RG9 4NR





REGISTERED NUMBER: 07940046 (England and Wales)





ACCOUNTANTS: CAAT Advisory Ltd
Wework Southbank Central
30 Stamford Street
London
SE1 9PY

Aviation and Tech Capital Ltd (Registered number: 07940046)

Report of the Directors
for the Year Ended 31 August 2019

The directors present their report with the financial statements of the company for the year ended 31 August 2019.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 September 2018 to the date of this
report.

D Bradley-Ward
P Taylor
J Lutterloch

Other changes in directors holding office are as follows:

M H Griffin - resigned 10 June 2019

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small
companies.

ON BEHALF OF THE BOARD:





D Bradley-Ward - Director


28 May 2020

Aviation and Tech Capital Ltd (Registered number: 07940046)

Income Statement
for the Year Ended 31 August 2019

31.8.19 31.8.18
Notes £    £   

TURNOVER 1,610,231 1,751,887

Cost of sales 543,089 765,084
GROSS PROFIT 1,067,142 986,803

Administrative expenses 1,020,898 976,288
46,244 10,515

Other operating income - (25,504 )
OPERATING PROFIT/(LOSS) 4 46,244 (14,989 )

Interest receivable and similar income - 414
46,244 (14,575 )

Interest payable and similar expenses 50 -
PROFIT/(LOSS) BEFORE TAXATION 46,194 (14,575 )

Tax on profit/(loss) - (46,895 )
PROFIT FOR THE FINANCIAL YEAR 46,194 32,320

Aviation and Tech Capital Ltd (Registered number: 07940046)

Balance Sheet
31 August 2019

31.8.19 31.8.18
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 150 300
Investments 7 1 1
151 301

CURRENT ASSETS
Debtors 8 1,091,345 499,808
Investments 9 36,515 34,524
Cash at bank 20,718 23,968
1,148,578 558,300
CREDITORS
Amounts falling due within one year 10 182,401 96,365
NET CURRENT ASSETS 966,177 461,935
TOTAL ASSETS LESS CURRENT
LIABILITIES

966,328

462,236

CREDITORS
Amounts falling due after more than one
year

11

250,000

250,000
NET ASSETS 716,328 212,236

CAPITAL AND RESERVES
Called up share capital 220,350 215,772
Share premium 1,190,406 737,086
Retained earnings (694,428 ) (740,622 )
716,328 212,236

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 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.

Aviation and Tech Capital Ltd (Registered number: 07940046)

Balance Sheet - continued
31 August 2019


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

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2020 and were
signed on its behalf by:





D Bradley-Ward - Director


Aviation and Tech Capital Ltd (Registered number: 07940046)

Notes to the Financial Statements
for the Year Ended 31 August 2019

1. STATUTORY INFORMATION

Aviation and Tech Capital Ltd 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Website are being amortised evenly over their estimated useful life of four years.

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 etc - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except 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 year 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.

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 (2018 - 6 ) .

Aviation and Tech Capital Ltd (Registered number: 07940046)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2019

4. OPERATING PROFIT/(LOSS)

The operating profit (2018 - operating loss) is stated after charging:

31.8.19 31.8.18
£    £   
Depreciation - owned assets 150 150
Website amortisation - 45,032

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2018
and 31 August 2019 219,128
AMORTISATION
At 1 September 2018
and 31 August 2019 219,128
NET BOOK VALUE
At 31 August 2019 -
At 31 August 2018 -

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2018
and 31 August 2019 600
DEPRECIATION
At 1 September 2018 300
Charge for year 150
At 31 August 2019 450
NET BOOK VALUE
At 31 August 2019 150
At 31 August 2018 300

Aviation and Tech Capital Ltd (Registered number: 07940046)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2019

7. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 September 2018
and 31 August 2019 1
NET BOOK VALUE
At 31 August 2019 1
At 31 August 2018 1

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.19 31.8.18
£    £   
Trade debtors 30,511 -
Other debtors 1,060,834 499,808
1,091,345 499,808

9. CURRENT ASSET INVESTMENTS
31.8.19 31.8.18
£    £   
Other 36,515 34,524

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.19 31.8.18
£    £   
Trade creditors 6,905 3,058
Taxation and social security 3,814 11,757
Other creditors 171,682 81,550
182,401 96,365

11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.19 31.8.18
£    £   
Other creditors 250,000 250,000

Aviation and Tech Capital Ltd (Registered number: 07940046)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2019

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2019 and
31 August 2018:

31.8.19 31.8.18
£    £   
D Bradley-Ward
Balance outstanding at start of year 214,839 207,295
Amounts advanced - 7,544
Amounts repaid (6,926 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 207,913 214,839

P Taylor
Balance outstanding at start of year 93,216 86,071
Amounts advanced - 7,145
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 93,216 93,216