Aeris Aviation Limited

Aeris Aviation Limited

AERIS AVIATION LIMITED - Company Information

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Company Registration No. 08070053 (England and Wales)
Aeris Aviation Limited Unaudited accounts for the year ended 31 May 2021
Aeris Aviation Limited Unaudited accounts Contents
Page
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Aeris Aviation Limited Company Information for the year ended 31 May 2021
Directors
D M Hayman N A Harvey R Clarke
Company Number
08070053 (England and Wales)
Registered Office
21 Mulligan Drive The Rydons Exeter Devon EX2 7SJ
Accountants
Brehon Limited Mayfield House Grande Rue St Martin Guernsey GY4 6AA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Aeris Aviation Limited for the year ended 31 May 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aeris Aviation Limited for the year ended 31 May 2021 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Brehon Limited Chartered Accountants Mayfield House Grande Rue St Martin Guernsey GY4 6AA 22 February 2022
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Aeris Aviation Limited Statement of financial position as at 31 May 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
297,148 
349,586 
Creditors: amounts falling due within one year
5
(78,631)
(104,712)
Net current liabilities
(78,631)
(104,712)
Net assets
218,517 
244,874 
Capital and reserves
Called up share capital
24,520 
24,520 
Share premium
2,427,480 
2,427,480 
Profit and loss account
(2,233,483)
(2,207,126)
Shareholders' funds
218,517 
244,874 
For the year ending 31 May 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 22 February 2022 and were signed on its behalf by
D M Hayman Director Company Registration No. 08070053
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Aeris Aviation Limited Notes to the Accounts for the year ended 31 May 2021
1
Statutory information
Aeris Aviation Limited is a private company, limited by shares, registered in England and Wales, registration number 08070053. The registered office is 21 Mulligan Drive, The Rydons, Exeter, Devon, EX2 7SJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15% on reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2020
1,282,925 
At 31 May 2021
1,282,925 
Depreciation
At 1 June 2020
933,339 
Charge for the year
52,438 
At 31 May 2021
985,777 
Net book value
At 31 May 2021
297,148 
At 31 May 2020
349,586 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
2,150 
1,500 
Other creditors
76,481 
103,212 
78,631 
104,712 
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Aeris Aviation Limited Notes to the Accounts for the year ended 31 May 2021
6
Average number of employees
During the year the average number of employees was 3 (2020: 3).
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