Year Ended
Registration number:
Aviation & Defence Spares Group Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Aviation & Defence Spares Group Limited
Company Information
Directors |
J N M Gordon M C Gordon |
Registered office |
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Accountants |
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Aviation & Defence Spares Group Limited
Balance Sheet
30 September 2020
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2020 |
2019 |
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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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Net assets |
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Capital and reserves |
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Called up share capital |
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Shareholders' funds |
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For the financial year ending 30 September 2020 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 and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 11595860
Aviation & Defence Spares Group Limited
Notes to the Unaudited Financial Statements
Year Ended 30 September 2020
General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
These financial statements were authorised for issue by the
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.
The financial statements are presented in Sterling (£) and rounded to the nearest pound.
Group accounts not prepared
Investments
Investments in subsidiaries are stated at cost. The shares held in the subsidiary company have a nil par value.
Aviation & Defence Spares Group Limited
Notes to the Unaudited Financial Statements
Year Ended 30 September 2020
Financial instruments
Classification
• Short term trade and other debtors and creditors;
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Aviation & Defence Spares Group Limited
Notes to the Unaudited Financial Statements
Year Ended 30 September 2020
Investments |
2020 |
2019 |
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Investments in subsidiaries |
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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:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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Subsidiary undertakings |
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3411 Silverside Road
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The principal activity of Aviation & Defence Spares, Inc. is the supply of aviation products.
Debtors |
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2019 |
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Other debtors |
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