Aerospa UK Limited - Accounts to registrar - small 17.2

Aerospa UK Limited - Accounts to registrar - small 17.2


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REGISTERED NUMBER: 05859311(England and Wales)










Unaudited Financial Statements

For The Year Ended 30 June 2017

for

Aerospa UK Limited

Aerospa UK Limited (Registered number: 05859311)






Contents of the Financial Statements
For The Year Ended 30 June 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aerospa UK Limited

Company Information
For The Year Ended 30 June 2017







DIRECTOR: R R Golby





SECRETARY: Mrs A L Golby





REGISTERED OFFICE: Goodridge Court
Goodridge Avenue
Gloucester
Gloucestershire
GL2 5EN





REGISTERED NUMBER: 05859311(England and Wales)





ACCOUNTANTS: Kingscott Dix Limited
Chartered Accountants
Goodridge Court
Goodridge Avenue
Gloucester
Gloucestershire
GL2 5EN

Aerospa UK Limited (Registered number: 05859311)

Balance Sheet
30 June 2017

30.6.17 30.6.16
Notes £    £   
CURRENT ASSETS
Stocks 21,981 12,821
Debtors 5 25,470 49,944
Cash at bank 5,295 5,996
52,746 68,761
CREDITORS
Amounts falling due within one year 6 37,924 52,326
NET CURRENT ASSETS 14,822 16,435
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,822

16,435

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 13,822 15,435
SHAREHOLDERS' FUNDS 14,822 16,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 11 October 2017and were signed by:





R R Golby- Director


Aerospa UK Limited (Registered number: 05859311)

Notes to the Financial Statements
For The Year Ended 30 June 2017

1. STATUTORY INFORMATION

Aerospa UK 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2(2016 - 2) .

Aerospa UK Limited (Registered number: 05859311)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2017

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2016
and 30 June 2017 3,352
DEPRECIATION
At 1 July 2016
and 30 June 2017 3,352
NET BOOK VALUE
At 30 June 2017 -
At 30 June 2016 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.17 30.6.16
£    £   
Trade debtors 25,470 48,368
VAT - 1,576
25,470 49,944

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.17 30.6.16
£    £   
Trade creditors 6,113 14,197
Corporation tax 2,357 6,108
Social security and other taxes 1,577 1,571
VAT 546 -
Directors' current accounts 25,000 30,000
Accruals and deferred income 2,331 450
37,924 52,326