Company Registration No. SC540713 (Scotland)
ALEXANDER AIR LIMITED
Unaudited accounts
for the year ended 31 July 2022
ALEXANDER AIR LIMITED
Unaudited accounts
Contents
ALEXANDER AIR LIMITED
Company Information
for the year ended 31 July 2022
Directors
Alexander Knox Guild
William Alexander Mitchell
Company Number
SC540713 (Scotland)
Registered Office
20 HENDERSON CRESCENT
KINTORE
INVERURIE
ABERDEENSHIRE
AB51 0FD
UNITED KINGDOM
ALEXANDER AIR LIMITED
Statement of financial position
as at
31 July 2022
Tangible assets
103,414
50,400
Cash at bank and in hand
52,772
31,459
Creditors: amounts falling due within one year
(109,645)
(39,555)
Net current liabilities
(52,827)
(10,886)
Called up share capital
1,000
1,000
Profit and loss account
49,587
38,514
Shareholders' funds
50,587
39,514
For the year ending 31 July 2022 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2022 and were signed on its behalf by
Alexander Knox Guild
Director
Company Registration No. SC540713
ALEXANDER AIR LIMITED
Notes to the Accounts
for the year ended 31 July 2022
ALEXANDER AIR LIMITED is a private company, limited by shares, registered in Scotland, registration number SC540713. The registered office is 20 HENDERSON CRESCENT, KINTORE, INVERURIE, ABERDEENSHIRE, AB51 0FD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 July 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
36,691
ALEXANDER AIR LIMITED
Notes to the Accounts
for the year ended 31 July 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
4,046
1,142
6
Creditors: amounts falling due within one year
2022
2021
Loans from directors
106,001
35,790
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).