Aircraft Tool Hire Limited (formerly Strong Aviation Limited) - Period Ending 2015-09-30

Registration number: 09145112

Aircraft Tool Hire Limited (formerly Strong Aviation Limited)

Unaudited Abbreviated Accounts

for the Period from 24 July 2014 to 30 September 2015

 

Thompson Jenner LLP
Chartered Accountants
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

Aircraft Tool Hire Limited (formerly Strong Aviation Limited)
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Aircraft Tool Hire Limited (formerly Strong Aviation Limited)
(Registration number: 09145112)
Abbreviated Balance Sheet at 30 September 2015

		Note			30 September 2015 £
Fixed assets
Tangible fixed assets					499
Current assets
Debtors					88,612
Cash at bank and in hand					1,119
					89,731
Creditors: Amounts falling due within one year					(86,737)
Net current assets					2,994
Total assets less current liabilities					3,493
Provisions for liabilities					(100)
Net assets					3,393
Capital and reserves
Called up share capital		3			100
Profit and loss account					3,293
Shareholders' funds					3,393

For the period ending 30 September 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the director on 19 April 2016

Mr A J Strong
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Aircraft Tool Hire Limited (formerly Strong Aviation Limited)
Notes to the Abbreviated Accounts for the Period from 24 July 2014 to 30 September 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	20% Straight Line

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Aircraft Tool Hire Limited (formerly Strong Aviation Limited)
Notes to the Abbreviated Accounts for the Period from 24 July 2014 to 30 September 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		624			624
At 30 September 2015		624			624
Depreciation
Charge for the period		125			125
At 30 September 2015		125			125
Net book value
At 30 September 2015		499			499

3	Share capital

Allotted, called up and fully paid shares

	30 September 2015
		No.			£
Ordinary shares of £1 each		100			100

New shares allotted

During the period 100 Ordinary shares having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100. The shares were issued upon incorporation.

Page 3