A C L AIRCRAFT TRADING LIMITED

A C L AIRCRAFT TRADING LIMITED

A C L AIRCRAFT TRADING LIMITED - Company Information

Print Friendly Version

A C L AIRCRAFT TRADING LIMITED

Company Registration Number:
01588506 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 26 December 2016

End date: 31 December 2017

A C L AIRCRAFT TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

A C L AIRCRAFT TRADING LIMITED

Balance sheet

As at 31 December 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 20,000 508,370
Total fixed assets: 20,000 508,370
Current assets
Stocks: 0 0
Debtors: 4 2,446,466 117,524
Cash at bank and in hand: 1,725 17,079
Investments:   0 0
Total current assets: 2,448,191 134,603
Creditors: amounts falling due within one year: 5 (542,477) (2,560,386)
Net current assets (liabilities): 1,905,714 (2,425,783)
Total assets less current liabilities: 1,925,714 (1,917,413)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,925,714 (1,917,413)
Capital and reserves
Called up share capital: 27,536 27,536
Share premium account: 1,342,464 1,342,464
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 555,714 (3,287,413)
Shareholders funds: 1,925,714 (1,917,413)

The notes form part of these financial statements

A C L AIRCRAFT TRADING LIMITED

Balance sheet statements

For the year ending 31 December 2017 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 October 2018
and signed on behalf of the board by:

Name: Hugh Flynn
Status: Director

The notes form part of these financial statements

A C L AIRCRAFT TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

FRS101

A C L AIRCRAFT TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Employees

2017 2016
Average number of employees during the period 0 0

A C L AIRCRAFT TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Fixed investments

£20,000 investment in ACLAS Global

A C L AIRCRAFT TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Debtors

2017 2016
££
Debtors due after more than one year: 0 0

A C L AIRCRAFT TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Creditors: amounts falling due within one year note

£-542,477 2017£-2,560,386 2016

A C L AIRCRAFT TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

6. Related party transactions

The company has availed of an exemption within FRS 101 from the requirement to disclose transactions with fellow group members as it is a 100% owned member of that group. See note 16 for details of the availability of group financial statements.

A C L AIRCRAFT TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

7. Post balance sheet events

There were no other events subsequent to the year-end that require adjustment to the financial statement or inclusion of a note thereto.