Aeroco Holdings Limited - Period Ending 2018-03-31
Aeroco Holdings Limited - Period Ending 2018-03-31
Registration number:
Aeroco Holdings Limited
for the Year Ended 31 March 2018
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
Aeroco Holdings Limited
Contents
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Balance Sheet |
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Notes to the Financial Statements |
Aeroco Holdings Limited
(Registration number: 08206951)
Balance Sheet as at 31 March 2018
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2018 |
2017 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.
Approved and authorised by the
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Director
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Page 1 |
Aeroco Holdings Limited
Notes to the Financial Statements for the Year Ended 31 March 2018
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General information |
The company is a private company limited by share capital, incorporated in England and Wales .
The address of its registered office is:
UK
The principal place of business is:
Hangar 4
Western Maintenance Area
Manchester International Airport
Manchester
M90 5YP
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.
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Page 2 |
Aeroco Holdings Limited
Notes to the Financial Statements for the Year Ended 31 March 2018
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Investments |
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2018 |
2017 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
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Cost or valuation |
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At 1 April 2017 |
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At 31 March 2018 |
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Carrying amount |
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At 31 March 2018 |
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At 31 March 2017 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
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Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2018 |
2017 |
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Subsidiary undertakings |
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England and Wales |
Ordinary |
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England and Wales |
Ordinary |
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England and Wales |
Ordinary |
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England and Wales |
Ordinary |
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England and Wales |
Ordinary |
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England and Wales |
Ordinary |
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Page 3 |
Aeroco Holdings Limited
Notes to the Financial Statements for the Year Ended 31 March 2018
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The principal activity of Aeroco Group International Limited is |
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The principal activity of Aerograph Limited is |
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The principal activity of Aerocol (GB) Limited is |
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The principal activity of Aeroco Group Limited is |
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The principal activity of Aeroco Aircraft Engineering Limited is |
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The principal activity of Aeroco Aircraft Engineering (Manchester) Limited is |
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The profit for the financial period of Aeroco Group International Limited was £281,718 and the aggregate amount of capital and reserves at the end of the period was £410,633. |
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The profit for the financial period of Aerograph Limited was £30,125 and the aggregate amount of capital and reserves at the end of the period was £59,114. |
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The profit for the financial period of Aerocol (GB) Limited was £29,235 and the aggregate amount of capital and reserves at the end of the period was £(43,353). |
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The loss for the financial period of Aeroco Group Limited was £1,006 and the aggregate amount of capital and reserves at the end of the period was £(46,565). |
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The profit for the financial period of Aeroco Aircraft Engineering Limited was £20 and the aggregate amount of capital and reserves at the end of the period was £100. |
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The profit for the financial period of Aeroco Aircraft Engineering (Manchester) Limited was £- and the aggregate amount of capital and reserves at the end of the period was £1. |
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Debtors |
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2018 |
2017 |
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Other debtors |
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Total current trade and other debtors |
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Creditors |
Creditors: amounts falling due within one year
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Note |
2018 |
2017 |
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Due within one year |
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Amounts owed to group undertakings |
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Page 4 |
Aeroco Holdings Limited
Notes to the Financial Statements for the Year Ended 31 March 2018
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Related party transactions |
Summary of transactions with other related parties
During the year, the company made advances to Mr W J Sheil in the sum of £358,702 and repayments were made to the company in the sum of £462,000. At they year end, Mr W J Sheil owed the company the amount of £358,297 (2017: £461,595) and this amount is included in other debtors. The loan was interest free and repayable on demand.
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