Company Registration No. 08642803 (England and Wales)
Reborn Aviation Ltd
Unaudited accounts
for the year ended 31 August 2022
Reborn Aviation Ltd
Unaudited accounts
Contents
Reborn Aviation Ltd
Company Information
for the year ended 31 August 2022
Directors
E. Hewerston
A. G. Dodd
R. H. Theaker
Company Number
08642803 (England and Wales)
Registered Office
HANGAR 7 THRUXTON AIRFIELD
ANDOVER
HAMPSHIRE
SP11 8PW
UNITED KINGDOM
Accountants
RLJB Business Consulting Limited
14 Winchester Road
Andover
Hampshire
SP10 2EG
Reborn Aviation Ltd
Statement of financial position
as at 31 August 2022
Inventories
414,147
326,930
Cash at bank and in hand
30,930
6,952
Creditors: amounts falling due within one year
(127,579)
(209,686)
Net current assets
407,883
219,417
Total assets less current liabilities
408,490
218,597
Creditors: amounts falling due after more than one year
(388,492)
(236,964)
Net assets/(liabilities)
19,998
(18,367)
Called up share capital
999
999
Share premium
358,401
358,401
Profit and loss account
(339,402)
(377,767)
Shareholders' funds
19,998
(18,367)
For the year ending 31 August 2022 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2022 and were signed on its behalf by
E. Hewerston
Director
Company Registration No. 08642803
Reborn Aviation Ltd
Notes to the Accounts
for the year ended 31 August 2022
Reborn Aviation Ltd is a private company, limited by shares, registered in England and Wales, registration number 08642803. The registered office is HANGAR 7 THRUXTON AIRFIELD, ANDOVER, HAMPSHIRE, SP11 8PW, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 Years Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
9,316
1,541
2,675
13,532
At 31 August 2022
9,316
2,093
3,050
14,459
At 1 September 2021
10,416
1,261
2,675
14,352
Charge for the year
-
(500)
-
(500)
At 31 August 2022
10,416
761
2,675
13,852
At 31 August 2022
(1,100)
1,332
375
607
At 31 August 2021
(1,100)
280
-
(820)
Reborn Aviation Ltd
Notes to the Accounts
for the year ended 31 August 2022
Amounts falling due within one year
Deferred tax asset
97,874
97,874
Accrued income and prepayments
97
(2,753)
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
51,196
48,268
Taxes and social security
(20,598)
56,521
Other creditors
(8,252)
1,312
Loans from directors
85,042
103,788
7
Creditors: amounts falling due after more than one year
2022
2021
Amounts owed to group undertakings and other participating interests
167,319
123,168
Other creditors
165,914
113,796
Taxes and social security
55,259
-
8
Average number of employees
During the year the average number of employees was 6 (2021: 3).
