Company Registration No. 08642803 (England and Wales)
Reborn Aviation Ltd
Unaudited accounts
for the year ended 31 August 2021
Reborn Aviation Ltd
Unaudited accounts
Contents
Reborn Aviation Ltd
Company Information
for the year ended 31 August 2021
Directors
E. Hewerston
A. G. Dodd
M. K. Eustice
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 2021
Inventories
326,930
140,935
Cash at bank and in hand
6,952
75,248
Creditors: amounts falling due within one year
(189,161)
(251,342)
Net current assets
227,343
122,494
Total assets less current liabilities
226,523
122,912
Creditors: amounts falling due after more than one year
(227,702)
(49,529)
Net (liabilities)/assets
(1,179)
73,383
Called up share capital
999
999
Share premium
358,401
358,401
Profit and loss account
(360,579)
(286,017)
Shareholders' funds
(1,179)
73,383
For the year ending 31 August 2021 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 2 March 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 2021
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 2020
9,316
1,225
2,675
13,216
At 31 August 2021
9,316
1,541
2,675
13,532
At 1 September 2020
9,316
952
2,530
12,798
Charge for the year
1,100
309
145
1,554
At 31 August 2021
10,416
1,261
2,675
14,352
At 31 August 2021
(1,100)
280
-
(820)
At 31 August 2020
-
273
145
418
Reborn Aviation Ltd
Notes to the Accounts
for the year ended 31 August 2021
5
Debtors: amounts falling due within one year
2021
2020
Deferred tax asset
97,874
97,874
Accrued income and prepayments
5,894
20,530
Other debtors
(21,246)
39,249
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
50,000
Trade creditors
48,268
42,934
Taxes and social security
56,521
23,184
Other creditors
2,033
(655)
Loans from directors
82,542
76,295
7
Creditors: amounts falling due after more than one year
2021
2020
Amounts owed to group undertakings and other participating interests
123,168
15,529
Other creditors
104,534
34,000
Creditors due after one year:
M. Wratten £95,000
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
