Foxy Air-Service Ltd - Period Ending 2020-02-29

Foxy Air-Service Ltd - Period Ending 2020-02-29


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Registration number: 08311127

Foxy Air-Service Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 29 February 2020

 

Foxy Air-Service Ltd

Director's Report for the Year Ended 29 February 2020

The director presents his report and the financial statements for the year ended 29 February 2020.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Director of the company

The director who held office during the year was as follows:

Gareth Thomas

Small companies provision statement

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

Approved by the director on 1 July 2020 and signed on its behalf by:

.........................................
Gareth Thomas
Director

 

Foxy Air-Service Ltd

(Registration number: 08311127)
Balance Sheet as at 29 February 2020

2020
£

2019
£

Fixed assets

371,267

420,202

Current assets

201,543

67,341

Creditors: Amounts falling due within one year

(177,136)

(57,066)

Net current assets

24,407

10,275

Total assets less current liabilities

395,674

430,477

Creditors: Amounts falling due after more than one year

(376,901)

(429,956)

 

18,773

521

Capital and reserves

18,773

521

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Control Tower
Langar Airfield
Langar
Nottingham
NG13 9HY

These financial statements were authorised for issue by the director on 1 July 2020.

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

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2019 - 2).

3

Related party transactions

Transactions with directors

2020

At 1 March 2019
£

Repayments by director
£

At 29 February 2020
£

Gareth Thomas

Loan by company to director at 2.5%

39,784

(39,784)

-

       
     

 
 

Foxy Air-Service Ltd

(Registration number: 08311127)
Balance Sheet as at 29 February 2020

2019

At 1 March 2018
£

Advances to directors
£

At 28 February 2019
£

Gareth Thomas

Loan by company to director at 2.5%

20,929

18,855

39,784

       
     

 

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 29 February 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 1 July 2020
 

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

Gareth Thomas
Director