Gloucester Jet Test Centre Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03334466 (England and Wales)

GLOUCESTER JET TEST CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

Page

Statement of Financial Position

1

to

3

Accountants' Report

4

FIXED ASSETS

15,733

14,007

CURRENT ASSETS

158,154

80,883

PREPAYMENTS AND ACCRUED INCOME

15,870

23,665

CREDITORS

Amounts falling due within one year

(75,951

)

(80,208

)

NET CURRENT ASSETS

98,073

24,340

TOTAL ASSETS LESS CURRENT LIABILITIES

113,806

38,347

CREDITORS

Amounts falling due after more than one year

(277,034

)

(277,034

)

ACCRUALS AND DEFERRED INCOME

(9,831

)

(3,000

)

NET LIABILITIES

(173,059

)

(241,687

)

CAPITAL AND RESERVES

(173,059

)

(241,687

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Gloucester Jet Test Centre Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address are as below:

Registered number:

03334466

Registered office:

Summit Aviation

Merlin Way

Manston

Kent

CT12 5FE

The financial statements are produced in sterling (£) which is also the functional currency for the company and

rounded to the nearest £1.

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 6 (2017 - 6 ) .

3.	OTHER FINANCIAL COMMITMENTS

The total future minimum lease payments under non-cancellable operating leases are £792,000 (2017 -

£825,000).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 November 2018 and were signed on its behalf by:

J M Boulton - Director

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Statement of Financial Position. Readers are cautioned that the Income Statement is not required to be filed with

the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Gloucester Jet Test Centre Limited for the year ended 31 March 2018 which comprise the

Income Statement, Statement of Financial Position and the related notes from the company's accounting records and

from information and explanations you have given us.

This report is made solely to the Board of Directors of Gloucester Jet Test Centre Limited, as a body, in accordance

with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial

statements of Gloucester Jet Test Centre Limited and state those matters that we have agreed to state to the Board of

Directors of Gloucester Jet Test Centre Limited, as a body, in this report. To the fullest extent permitted by law, we do

not accept or assume responsibility to anyone other than Gloucester Jet Test Centre Limited and its Board of

Directors, as a body, for our work or for this report.

It is your duty to ensure that Gloucester Jet Test Centre Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of

Gloucester Jet Test Centre Limited. You consider that Gloucester Jet Test Centre Limited is exempt from the statutory

audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Gloucester Jet Test Centre

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information

and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

Wilkins Kennedy

Delandale House

37 Old Dover Road

Canterbury

Kent

CT1 3JF

27 November 2018