JET ASSIST (AVIATION) LTD

JET ASSIST (AVIATION) LTD

JAA RECEIVABLES LIMITED - Company Information

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JET ASSIST (AVIATION) LTD

Company Registration Number:
NI652376 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

JET ASSIST (AVIATION) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

JET ASSIST (AVIATION) LTD

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,655,188 153,005
Investments:   0 0
Total fixed assets: 3,655,188 153,005
Current assets
Stocks: 0 0
Debtors:   1,703,809 1,111,024
Cash at bank and in hand: 33,291 32,385
Total current assets: 1,737,100 1,143,409
Creditors: amounts falling due within one year:   (2,317,951) (996,222)
Net current assets (liabilities): (580,851) 147,187
Total assets less current liabilities: 3,074,337 300,192
Creditors: amounts falling due after more than one year: 4 (2,368,284) (85,748)
Total net assets (liabilities): 706,053 214,444
Capital and reserves
Called up share capital: 1,000 1,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 213,444 17,616
Profit and loss account: 491,609 195,828
Shareholders funds: 706,053 214,444

The notes form part of these financial statements

JET ASSIST (AVIATION) LTD

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 December 2022
and signed on behalf of the board by:

Name: Stanley Edgar
Status: Director

The notes form part of these financial statements

JET ASSIST (AVIATION) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JET ASSIST (AVIATION) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 11 8

JET ASSIST (AVIATION) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 196,859
Additions 3,574,704
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2021 3,771,563
Depreciation
At 01 January 2021 43,854
Charge for year 72,521
On disposals 0
Other adjustments 0
At 31 December 2021 116,375
Net book value
At 31 December 2021 3,655,188
At 31 December 2020 153,005

JET ASSIST (AVIATION) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Creditors: amounts falling due after more than one year note

Amounts owed on long term loan for purchase of Aircraft