DKM Aviation Partners Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC399583 (Scotland)

Unaudited Financial Statements for the Year Ended 29 May 2019

for

DKM Aviation Partners Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

D R Maclean

SECRETARY:

D R Maclean

REGISTERED OFFICE:

40 Park Circus

Ayr

Ayrshire

KA7 2DL

REGISTERED NUMBER:

SC399583 (Scotland)

ACCOUNTANTS:

Rogerson & Goldie

Chartered Accountants

29 Portland Road

Kilmarnock

KA1 2BY

FIXED ASSETS

Tangible assets

4

1,529

CURRENT ASSETS

Cash at bank

59,624

CREDITORS

Amounts falling due within one year

5

2,851

NET CURRENT ASSETS

56,773

TOTAL ASSETS LESS CURRENT
LIABILITIES

58,302

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

58,202

SHAREHOLDERS' FUNDS

58,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 May 2019 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 May 2020 and were signed by:

D R Maclean - Director

1.	STATUTORY INFORMATION

DKM Aviation Partners Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 30 May 2018

and 29 May 2019

5,125

DEPRECIATION

At 30 May 2018

and 29 May 2019

3,596

NET BOOK VALUE

At 29 May 2019

1,529

At 29 May 2018

1,529

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Trade creditors

(1

)

(1

)

Other creditors

2,852

2,851

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.

Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are

not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of DKM Aviation Partners Ltd for the year ended 29 May 2019 which comprise the Income Statement, Balance Sheet

and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of DKM Aviation Partners Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DKM Aviation Partners Ltd and state those matters that we have agreed to state to the director of DKM Aviation Partners Ltd in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that DKM Aviation Partners Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DKM Aviation Partners Ltd. You consider that DKM Aviation Partners Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DKM Aviation Partners Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rogerson & Goldie

Chartered Accountants

29 Portland Road

Kilmarnock

KA1 2BY

25 May 2020

DKM Aviation Partners Ltd - Accounts to registrar (filleted) - small 18.2

DKM Aviation Partners Ltd - Accounts to registrar (filleted) - small 18.2