Company Registration Number 03912742 (England and Wales)
Aerospace Design Facilities Limited
Director's Report and Unaudited Financial Statements
For The Year Ended 31 December 2018
PAGES FOR FILING WITH REGISTRAR
AEROSPACE DESIGN FACILITIES LIMITED
Aerospace Design Facilities Limited
BALANCE SHEET
AS AT 31 DECEMBER 2018
31 December 2018
- 1 -
2018
2017
£
£
£
£
Fixed assets
5,489
22,335
Current assets
313,384
241,590
Prepayments and accrued income
43,157
32,500
Creditors: amounts falling due within one year
(94,028)
(99,644)
Net current assets
262,513
174,446
Total assets less current liabilities
268,002
196,781
Creditors: amounts falling due after more than one year
(80,000)
-
Net assets
188,002
196,781
Capital and reserves
188,002
196,781
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year an advance was made to
the directors
of the company as follows:
201
8
Balance b'fwd £14,794
Advanced
£177,157
Repaid (
£102,709)
Balance £89,242
There were no conditions attached to the loan which was interest free
2
Financial commitments, guarantees and contingencies
At the balance sheet date the company had financial commitments of £6,800 (2017: £14,815
).
3
Average employees
The average number of persons (including directors) employed by the company during the year was 5
(2017 - 5).
4
Transition note
The retained earnings in 2017 have been restated to allow for the removal of the £2,137 deferred tax liability. Previously the capital and reserves figure for 2017 was £194,644. The capital and reserves figure for 2017 is now shown as £196,781.
AEROSPACE DESIGN FACILITIES LIMITED
Aerospace Design Facilities Limited
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2018
31 December 2018
- 2 -
Aerospace Design Facilities Limited is a private company limited by shares incorporated in England and Wales. The registered office is
Taymount, 4a Wood End Close, Farnham Common, Buckinghamshire, SL2 3RF.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 September 2019 and are signed on its behalf by:
Mr A Oaten
Director
Company Registration Number 03912742