Foxy Air-Service Ltd - Period Ending 2022-02-28

Foxy Air-Service Ltd

Director's Report for the Year Ended 28 February 2022

The director presents his report and the financial statements for the year ended 28 February 2022.

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 and authorised by the director on 10 August 2022
 

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

Foxy Air-Service Ltd

(Registration number: 08311127)
Balance Sheet as at 28 February 2022

	2022 £	2021 £
Fixed assets	58,453	322,337
Current assets	243,791	232,937
Creditors: Amounts falling due within one year	(75,047)	(224,798)
Net current assets	168,744	8,139
Total assets less current liabilities	227,197	330,476
Creditors: Amounts falling due after more than one year	-	(329,812)
	227,197	664
Capital and reserves	227,197	664

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 10 August 2022.

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 (2021 - 2).

3	Related party transactions

Transactions with the director

2022	At 1 March 2021 £	Repayments by director £	At 28 February 2022 £
Gareth Thomas
Loan by company to director at 2.5%	12,925	(12,925)	-

Foxy Air-Service Ltd

(Registration number: 08311127)
Balance Sheet as at 28 February 2022

2021	At 1 March 2020 £	Advances to directors £	At 28 February 2021 £
Gareth Thomas
Loan by company to director at 2.5%	-	12,925	12,925

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 28 February 2022 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 10 August 2022
 

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