Battle Helicopters Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 03955820 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

BATTLE HELICOPTERS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

I R Casselden

M Love

SECRETARY:

I R Casselden

REGISTERED OFFICE:

Unit 1

Highfield Business Park

Sidney Little Road

St. Leonards On Sea

East Sussex

TN38 9UB

REGISTERED NUMBER:

03955820 (England and Wales)

ACCOUNTANTS:

OBC The Accountants Ltd

2 Upperton Gardens

Eastbourne

East Sussex

BN21 2AH

FIXED ASSETS

Tangible assets

2

37,548

40,266

CURRENT ASSETS

Debtors

-

5,267

Cash at bank

297

900

297

6,167

CREDITORS

Amounts falling due within one year

30,426

29,009

NET CURRENT LIABILITIES

(30,129

)

(22,842

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,419

17,424

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

7,416

17,421

SHAREHOLDERS' FUNDS

7,419

17,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 October 2016 and were signed on its behalf by:

I R Casselden - Director

M Love - Director

1.	ACCOUNTING POLICIES

Going concern

The accounts have been prepared on the basis that the company will continue to trade as a going concern. The

validity of this assumption is dependent upon the continued support of a related company, Interface Devices

Limited.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to hanger

-

25% on reducing balance

Helicopter

-

5% on cost

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of

certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

62,792

Additions

500

At 31 March 2016

63,292

DEPRECIATION

At 1 April 2015

22,525

Charge for year

3,219

At 31 March 2016

25,744

NET BOOK VALUE

At 31 March 2016

37,548

At 31 March 2015

40,267

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

3

Ordinary

£1

3

4.	ULTIMATE CONROLLING PARTY

Mr M Love is both a director and the majority shareholder of the company and is considered to be the company's

ultimate conrolling party.