Company Registration No. 08164675 (England and Wales)
Aeromotive Development Limited
Unaudited accounts
for the year ended 31 August 2021
Aeromotive Development Limited
Unaudited accounts
Contents
Aeromotive Development Limited
Company Information
for the year ended 31 August 2021
Director
Dr Barnaby Garrood
Company Number
08164675 (England and Wales)
Registered Office
LORDS HILL HOUSE LORDS HILL COMMON
SHAMLEY GREEN
GUILDFORD
SURREY
GU5 0UZ
Aeromotive Development Limited
Statement of financial position
as at 31 August 2021
Tangible assets
3,324
3,767
Cash at bank and in hand
2,047
21,397
Creditors: amounts falling due within one year
(4,761)
(3,939)
Net current assets
6,419
18,639
Called up share capital
100
100
Profit and loss account
9,643
22,306
Shareholders' funds
9,743
22,406
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 director acknowledges his 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 and authorised for issue on 12 May 2021 and were signed on its behalf by
Dr Barnaby Garrood
Director
Company Registration No. 08164675
Aeromotive Development Limited
Notes to the Accounts
for the year ended 31 August 2021
Aeromotive Development Limited is a private company, limited by shares, registered in England and Wales, registration number 08164675. The registered office is LORDS HILL HOUSE LORDS HILL COMMON, SHAMLEY GREEN, GUILDFORD, SURREY, GU5 0UZ.
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:
Land & buildings
over 50 years
Plant & machinery
over 4 years
Fixtures & fittings
over 4 years
4
Tangible fixed assets
Fixtures & fittings
At 1 September 2020
22,946
At 1 September 2020
19,179
Aeromotive Development Limited
Notes to the Accounts
for the year ended 31 August 2021
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Loans from directors
4,761
3,912
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).
