Company Registration Number 02422516 (England and Wales)
AIRPORT EXECUTIVE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
PAGES FOR FILING WITH REGISTRAR
AIRPORT EXECUTIVE LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
- 1 -
The directors present their annual report and financial statements for the year ended 31 December 2020.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr J Patel
Mr S Sharma
Going concern
A
t the time of approving the financial statements
,
t
he director
s
ha
ve
a reasonable expectation that the
company
has adequate resources to continue in operational existence for the foreseeable future
and t
h
erefore
t
he director
s
continue to adopt the going concern basis of accounting in preparing the financial statements.
The validity of this assumption depends on the continued support of the company's
directors and creditors
.
If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, to provide for further liabilities that might arise and to reclassify fixed assets as current assets.
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr J Patel
Director
11 June 2021
AIRPORT EXECUTIVE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2020
31 December 2020
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2020
2019
£
£
£
£
Fixed assets
46,179
75,459
Current assets
104,725
100,820
Creditors: amounts falling due within one year
(108,273)
(143,591)
Net current liabilities
(3,548)
(42,771)
Total assets less current liabilities
42,631
32,688
Creditors: amounts falling due after more than one year
(65,000)
Net (liabilities)/assets
(22,369)
32,688
Capital and reserves
(22,369)
32,688
Notes to the financial statements
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
12
16
Airport Executive Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lynwood House, 373-375 Station Road, Harrow, Middlesex, HA1 2AW.
For the year ended 31 December 2020 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.
AIRPORT EXECUTIVE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2020
31 December 2020
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The financial statements were approved by the board of directors and authorised for issue on 11 June 2021 and are signed on its behalf by:
Mr J Patel
Mr S Sharma
Director
Director
Company Registration Number 02422516