Trans Executive Aviation Ltd,Ltd - AccountsLtd - Accounts

TRANS EXECUTIVE AVIATION LIMITED - Company Information

Print Friendly Version

Trans Executive Aviation Ltd

Registered Number:03394752

For the year ended 30 June 2019

England and Wales

Report of the Directors and Financial Statements

As at 30 June 2019

Trans Executive Aviation Ltd

Statement of Financial Position

Registered Number :

03394752

2018

2019

Notes

Fixed assets

Property, plant and equipment

Current assets

1,243

Cash and cash equivalents

1,243

Trade and other payables: amounts falling due within one

year

(12,218)

(15,456)

(10,975)

(15,456)

Net current liabilities

Total assets less current liabilities

(15,456)

(10,956)

(15,456)

Net liabilities

(10,956)

Capital and reserves

Called up share capital

Retained earnings

(15,458)

(10,958)

(15,456)

(10,956)

Shareholders' funds

For the year ended 30 June 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

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

S P Barnard Director

These financial statements were approved and authorised for issue by the Board on 29 August 2019 and were signed by:

The notes form part of these financial statements

1 of 3

For the year ended 30 June 2019

Trans Executive Aviation Ltd

Notes to the Financial Statements

Statutory Information

Trans Executive Aviation Ltd is a private limited company, limited by shares, domiciled in England and Wales,

registration number 03394752.

Registered address:

3 Firleaze

Nailsea

Bristol

BS48 4DH

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention.

The company did not trade after 30 June 2018 because of the illness of the director.For the same reason all

company activity ceased at 31 December 2018.

The company's deficit has been wholly funded by the director.

An application is being made to have the company removed from the company register at Companies House.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company.

Property, plant and equipment

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Equipment

18% Reducing balance

2. Property, plant and equipment

Equipment

Cost or

valuation

At 01 July 2018

3,010

Disposals

(3,010)

At 30 June 2019

Provision for depreciation and impairment

At 01 July 2018

2,991

(2,991)

On disposal

At 30 June 2019

Net book value

At 30 June 2018

2 of 3

For the year ended 30 June 2019

Trans Executive Aviation Ltd

Notes to the Financial Statements Continued

3. Trade and other payables: amounts falling due within one year

2018

2019

Trade creditors

452

Other creditors

15,456

11,766

15,456

12,218

4. Related party transactions

The person in ultimate control of the company is Mr Simon Barnard.

3 of 3